Cyanotech Balance Sheet Health
Financial Health criteria checks 2/6
Cyanotech has a total shareholder equity of $9.7M and total debt of $7.0M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are $23.9M and $14.2M respectively.
Key information
72.4%
Debt to equity ratio
US$7.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$780.00k |
| Equity | US$9.69m |
| Total liabilities | US$14.22m |
| Total assets | US$23.91m |
Recent financial health updates
Is Cyanotech (NASDAQ:CYAN) Using Debt Sensibly?
Feb 09
Is Cyanotech (NASDAQ:CYAN) Weighed On By Its Debt Load?
Oct 05Recent updates
Cyanotech Corporation (NASDAQ:CYAN) Not Doing Enough For Some Investors As Its Shares Slump 39%
Feb 15Is Cyanotech (NASDAQ:CYAN) Using Debt Sensibly?
Feb 09Is Cyanotech (NASDAQ:CYAN) Weighed On By Its Debt Load?
Oct 05There's Been No Shortage Of Growth Recently For Cyanotech's (NASDAQ:CYAN) Returns On Capital
Sep 30Here's Why Cyanotech (NASDAQ:CYAN) Can Manage Its Debt Responsibly
Aug 14Cyanotech GAAP EPS of -$0.08, revenue of $6.72M
Aug 10Cyanotech (NASDAQ:CYAN) Might Have The Makings Of A Multi-Bagger
Jun 08Is Cyanotech (NASDAQ:CYAN) A Risky Investment?
May 12The ESG Future Of Food Protein Production: Cyanotech
Mar 19Cyanotech (NASDAQ:CYAN) Is Doing The Right Things To Multiply Its Share Price
Mar 04We Think Cyanotech (NASDAQ:CYAN) Can Stay On Top Of Its Debt
Jan 11Cyanotech (NASDAQ:CYAN) Is Experiencing Growth In Returns On Capital
Nov 30Cyanotech (NASDAQ:CYAN) Is Carrying A Fair Bit Of Debt
Jun 08Cyanotech's (NASDAQ:CYAN) Promising Earnings May Rest On Soft Foundations
Feb 23These 4 Measures Indicate That Cyanotech (NASDAQ:CYAN) Is Using Debt Reasonably Well
Feb 08
Returns On Capital Tell Us A Lot About Cyanotech (NASDAQ:CYAN)
Jan 04Cyanotech Corporation's (NASDAQ:CYAN) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 30Cyanotech reports Q2 results
Nov 12Financial Position Analysis
Short Term Liabilities: CYAN's short term assets ($10.1M) exceed its short term liabilities ($9.6M).
Long Term Liabilities: CYAN's short term assets ($10.1M) exceed its long term liabilities ($4.6M).
Debt to Equity History and Analysis
Debt Level: CYAN's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: CYAN's debt to equity ratio has increased from 59.2% to 72.4% 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: CYAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CYAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.4% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 03:50 |
| End of Day Share Price | 2025/01/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Cyanotech Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|