Corero Network Security Balance Sheet Health
Financial Health criteria checks 6/6
Corero Network Security has a total shareholder equity of $16.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $28.4M and $11.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.16m |
| Equity | US$16.74m |
| Total liabilities | US$11.70m |
| Total assets | US$28.44m |
Recent financial health updates
These 4 Measures Indicate That Corero Network Security (LON:CNS) Is Using Debt Reasonably Well
Oct 28
Is Corero Network Security (LON:CNS) Using Debt In A Risky Way?
Nov 02Is Corero Network Security (LON:CNS) Using Debt Sensibly?
Apr 19Recent updates
Corero Network Security plc's (LON:CNS) 27% Jump Shows Its Popularity With Investors
Apr 18Corero Network Security plc's (LON:CNS) Shareholders Might Be Looking For Exit
Jul 07These 4 Measures Indicate That Corero Network Security (LON:CNS) Is Using Debt Reasonably Well
Oct 28Shareholders Shouldn’t Be Too Comfortable With Corero Network Security's (LON:CNS) Strong Earnings
May 09Is Corero Network Security (LON:CNS) Using Debt In A Risky Way?
Nov 02Is Corero Network Security (LON:CNS) Using Debt Sensibly?
Apr 19The Corero Network Security (LON:CNS) Share Price Has Gained 178%, So Why Not Pay It Some Attention?
Feb 03
Did Corero Network Security plc (LON:CNS) Insiders Buy Up More Shares?
Nov 25Financial Position Analysis
Short Term Liabilities: CNS's short term assets ($13.7M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: CNS's short term assets ($13.7M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: CNS is debt free.
Reducing Debt: CNS has no debt compared to 5 years ago when its debt to equity ratio was 19%.
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 CNS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CNS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.5% per year.