System1 Balance Sheet Health
Financial Health criteria checks 3/6
System1 has a total shareholder equity of $169.3M and total debt of $349.5M, which brings its debt-to-equity ratio to 206.4%. Its total assets and total liabilities are $605.5M and $436.2M respectively.
Key information
206.4%
Debt to equity ratio
US$349.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$135.34m |
| Equity | US$169.32m |
| Total liabilities | US$436.16m |
| Total assets | US$605.47m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does System1 (NYSE:SST) Use Debt?
Apr 23
The Market Doesn't Like What It Sees From System1, Inc.'s (NYSE:SST) Revenues Yet As Shares Tumble 31%
Mar 18System1, Inc. (NYSE:SST) Surges 53% Yet Its Low P/S Is No Reason For Excitement
Dec 18System1, Inc.'s (NYSE:SST) Intrinsic Value Is Potentially 71% Above Its Share Price
Dec 12System1: Rides On The Digital Advertising Uptrend, But Not Cheap
Oct 31System1 Inc.: Good Growth But Slightly Overvalued
Aug 30Is It Too Late To Consider Buying System1, Inc. (NYSE:SST)?
Aug 17System1 reports Q2 results
Aug 11System1: A Solid Play On Internet Properties
Apr 12System1's (NYSE:SST) Performance Is Even Better Than Its Earnings Suggest
Apr 08Earnings Not Telling The Story For System1, Inc. (NYSE:SST) After Shares Rise 42%
Apr 06Financial Position Analysis
Short Term Liabilities: SST's short term assets ($202.0M) exceed its short term liabilities ($86.4M).
Long Term Liabilities: SST's short term assets ($202.0M) do not cover its long term liabilities ($349.7M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (126.5%) is considered high.
Reducing Debt: Insufficient data to determine if SST's debt to equity ratio has reduced 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: SST has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SST has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 44.3% each year