SSH Communications Security Oyj

HLSE:SSH1V Stock Report

Market Cap: €98.5m

SSH Communications Security Oyj Balance Sheet Health

Financial Health criteria checks 6/6

SSH Communications Security Oyj has a total shareholder equity of €11.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €31.2M and €19.4M respectively.

Key information

0%

Debt to equity ratio

€0

Debt

Interest coverage ration/a
Cash€9.50m
Equity€11.80m
Total liabilities€19.40m
Total assets€31.20m

Recent financial health updates

Recent updates

Narrative Update Jul 20

SSH1V: Leadership Transition And New Partnerships Will Support Bullish Outlook

Analysts have revised their price target for SSH Communications Security Oyj to €2.70 from €3.10, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E expectations. What’s in the News for SSH Communications Security Oyj CEO Rami Raulas plans to retire, and SSH Communications Security Oyj’s Board has started a succession process that considers both internal and external candidates and uses an external advisor to support an orderly leadership transition.
New Narrative Mar 19

Future Data Sovereignty And Quantum Security Trends Will Support Gradual Earnings Recovery

Catalysts About SSH Communications Security Oyj SSH Communications Security Oyj provides cybersecurity solutions focused on privileged access management, network encryption and secure communications for enterprises and public sector customers. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 05

Quantum Safe Security And Sovereign Cloud Demand Will Support A Positive Long Term Outlook

Catalysts About SSH Communications Security Oyj SSH Communications Security Oyj provides cybersecurity software focused on privileged access management, network encryption and secure communications for critical infrastructure, enterprises and public sector customers. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 18

Quantum Safe Security And EU Data Sovereignty Will Support Stronger SSH Outlook

Catalysts About SSH Communications Security Oyj SSH Communications Security Oyj provides cybersecurity software focused on privileged access management, encryption and secure communications for enterprises and public sector customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Oct 30

More Unpleasant Surprises Could Be In Store For SSH Communications Security Oyj's (HEL:SSH1V) Shares After Tumbling 29%

The SSH Communications Security Oyj ( HEL:SSH1V ) share price has softened a substantial 29% over the previous 30 days...
Analysis Article Oct 29

One SSH Communications Security Oyj (HEL:SSH1V) Analyst Just Slashed Their Estimates By A Material 20%

One thing we could say about the covering analyst on SSH Communications Security Oyj ( HEL:SSH1V ) - they aren't...
Analysis Article Jul 02

Revenues Tell The Story For SSH Communications Security Oyj (HEL:SSH1V) As Its Stock Soars 55%

SSH Communications Security Oyj ( HEL:SSH1V ) shareholders have had their patience rewarded with a 55% share price jump...
Analysis Article Feb 19

SSH Communications Security Oyj (HEL:SSH1V) Released Earnings Last Week And Analysts Lifted Their Price Target To €1.80

It's been a good week for SSH Communications Security Oyj ( HEL:SSH1V ) shareholders, because the company has just...
Analysis Article Apr 27

SSH Communications Security Oyj (HEL:SSH1V) Just Reported Earnings, And Analysts Cut Their Target Price

As you might know, SSH Communications Security Oyj ( HEL:SSH1V ) recently reported its quarterly numbers. It was a...
Analysis Article Mar 04

Why We're Not Concerned Yet About SSH Communications Security Oyj's (HEL:SSH1V) 30% Share Price Plunge

SSH Communications Security Oyj ( HEL:SSH1V ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article Feb 25

SSH Communications Security Oyj (HEL:SSH1V) Just Reported, And Analysts Assigned A €1.90 Price Target

As you might know, SSH Communications Security Oyj ( HEL:SSH1V ) last week released its latest full-year, and things...
Analysis Article Jan 19

Why Investors Shouldn't Be Surprised By SSH Communications Security Oyj's (HEL:SSH1V) 28% Share Price Surge

SSH Communications Security Oyj ( HEL:SSH1V ) shares have continued their recent momentum with a 28% gain in the last...
Analysis Article Jul 22

Market Participants Recognise SSH Communications Security Oyj's (HEL:SSH1V) Revenues

When you see that almost half of the companies in the Software industry in Finland have price-to-sales ratios (or...
Analysis Article May 06

Is SSH Communications Security Oyj (HEL:SSH1V) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 25

Is SSH Communications Security Oyj (HEL:SSH1V) Potentially Undervalued?

SSH Communications Security Oyj ( HEL:SSH1V ), might not be a large cap stock, but it saw a decent share price growth...

Financial Position Analysis

Short Term Liabilities: SSH1V's short term assets (€14.5M) exceed its short term liabilities (€14.5M).

Long Term Liabilities: SSH1V's short term assets (€14.5M) exceed its long term liabilities (€4.9M).


Debt to Equity History and Analysis

Debt Level: SSH1V is debt free.

Reducing Debt: SSH1V has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.


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 SSH1V has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SSH1V is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.8% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/12 11:52
End of Day Share Price 2026/08/12 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SSH Communications Security Oyj is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Roni PeuranheimoInderes Oy
Fredrik NilssonRedeye
Jacob BenonRedeye