Cyber Security 1 Balance Sheet Health
Financial Health criteria checks 1/6
Cyber Security 1 has a total shareholder equity of €1.8M and total debt of €6.3M, which brings its debt-to-equity ratio to 355.4%. Its total assets and total liabilities are €31.3M and €29.6M respectively. Cyber Security 1's EBIT is €188.0K making its interest coverage ratio 0.3. It has cash and short-term investments of €220.0K.
Key information
355.4%
Debt to equity ratio
€6.25m
Debt
| Interest coverage ratio | 0.3x |
| Cash | €220.00k |
| Equity | €1.76m |
| Total liabilities | €29.57m |
| Total assets | €31.33m |
Recent financial health updates
Does Cyber Security 1 (STO:CYB1) Have A Healthy Balance Sheet?
Oct 30
Cyber Security 1 (STO:CYB1) Is Making Moderate Use Of Debt
Sep 16Cyber 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
Does Cyber Security 1 (STO:CYB1) Have A Healthy Balance Sheet?
Oct 30Cyber Security 1 AB (publ) (STO:CYB1) Could Be Riskier Than It Looks
May 22There 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 (€23.5M) do not cover its short term liabilities (€24.1M).
Long Term Liabilities: CYB1's short term assets (€23.5M) exceed its long term liabilities (€5.5M).
Debt to Equity History and Analysis
Debt Level: CYB1's net debt to equity ratio (342.9%) is considered high.
Reducing Debt: CYB1's debt to equity ratio has increased from 14.8% to 355.4% 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: CYB1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CYB1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.2% each year