Varonis Systems Balance Sheet Health
Financial Health criteria checks 5/6
Varonis Systems has a total shareholder equity of $489.6M and total debt of $250.5M, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are $1.1B and $614.3M respectively.
Key information
51.2%
Debt to equity ratio
US$250.48m
Debt
Interest coverage ratio | n/a |
Cash | US$534.75m |
Equity | US$489.65m |
Total liabilities | US$614.26m |
Total assets | US$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VS2's short term assets ($767.2M) exceed its short term liabilities ($306.8M).
Long Term Liabilities: VS2's short term assets ($767.2M) exceed its long term liabilities ($307.5M).
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 51.2% 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 19.9% per year.