Cyber Security 1 Balance Sheet Health
Financial Health criteria checks 4/6
Cyber Security 1 has a total shareholder equity of €3.7M and total debt of €9.7M, which brings its debt-to-equity ratio to 262.9%. Its total assets and total liabilities are €25.8M and €22.1M respectively. Cyber Security 1's EBIT is €205.0K making its interest coverage ratio 0.7. It has cash and short-term investments of €728.0K.
Key information
262.9%
Debt to equity ratio
€9.74m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €728.00k |
| Equity | €3.70m |
| Total liabilities | €22.05m |
| Total assets | €25.76m |
Recent financial health updates
Cyber Security 1 (STO:CYB1) Is Making Moderate Use Of Debt
Sep 16
Cyber Security 1 (STO:CYB1) Is Making Moderate Use Of Debt
Mar 02We Think Cyber Security 1 (STO:CYB1) Has A Fair Chunk Of Debt
Nov 17Would Cyber Security 1 (STO:CYB1) Be Better Off With Less Debt?
Jul 12Recent updates
There Is A Reason Cyber Security 1 AB (publ)'s (STO:CYB1) Price Is Undemanding
Jan 21Cyber Security 1 (STO:CYB1) Is Making Moderate Use Of Debt
Sep 16Cyber Security 1 AB (publ)'s (STO:CYB1) Price Is Right But Growth Is Lacking
Jul 22Cyber Security 1 (STO:CYB1) Is Making Moderate Use Of Debt
Mar 02We Think Cyber Security 1 (STO:CYB1) Has A Fair Chunk Of Debt
Nov 17Would Cyber Security 1 (STO:CYB1) Be Better Off With Less Debt?
Jul 12Financial Position Analysis
Short Term Liabilities: CYB1's short term assets (€17.9M) exceed its short term liabilities (€16.7M).
Long Term Liabilities: CYB1's short term assets (€17.9M) exceed its long term liabilities (€5.3M).
Debt to Equity History and Analysis
Debt Level: CYB1's net debt to equity ratio (243.2%) is considered high.
Reducing Debt: CYB1's debt to equity ratio has increased from 0% to 262.9% 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 CYB1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CYB1 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.1% per year.