Darktrace Balance Sheet Health
Financial Health criteria checks 6/6
Darktrace has a total shareholder equity of $304.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $715.2M and $411.1M respectively. Darktrace's EBIT is $10.9M making its interest coverage ratio -30.2. It has cash and short-term investments of $380.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -30.2x |
| Cash | US$379.98m |
| Equity | US$304.19m |
| Total liabilities | US$411.05m |
| Total assets | US$715.24m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DARK N's short term assets ($503.0M) exceed its short term liabilities ($321.1M).
Long Term Liabilities: DARK N's short term assets ($503.0M) exceed its long term liabilities ($89.9M).
Debt to Equity History and Analysis
Debt Level: DARK N is debt free.
Reducing Debt: DARK N had no debt 5 years ago.
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 DARK N has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DARK N is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 65.1% per year.