Varonis Systems Balance Sheet Health
Financial Health criteria checks 5/6
Varonis Systems has a total shareholder equity of $428.6M and total debt of $701.4M, which brings its debt-to-equity ratio to 163.7%. Its total assets and total liabilities are $1.5B and $1.1B respectively.
Key information
163.7%
Debt to equity ratio
US$701.38m
Debt
| Interest coverage ratio | n/a |
| Cash | US$878.96m |
| Equity | US$428.56m |
| Total liabilities | US$1.09b |
| Total assets | US$1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VS2's short term assets ($1.1B) exceed its short term liabilities ($594.0M).
Long Term Liabilities: VS2's short term assets ($1.1B) exceed its long term liabilities ($498.6M).
Debt to Equity History and Analysis
Debt Level: VS2 has more cash than its total debt.
Reducing Debt: VS2's debt to equity ratio has increased from 0% to 163.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VS2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VS2 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.7% per year.