System1 Balance Sheet Health
Financial Health criteria checks 2/6
System1 has a total shareholder equity of $102.8M and total debt of $275.6M, which brings its debt-to-equity ratio to 267.9%. Its total assets and total liabilities are $479.3M and $376.5M respectively.
Key information
267.9%
Debt to equity ratio
US$275.57m
Debt
| Interest coverage ratio | n/a |
| Cash | US$69.09m |
| Equity | US$102.85m |
| Total liabilities | US$376.47m |
| Total assets | US$479.31m |
Recent financial health updates
Does System1 (NYSE:SST) Have A Healthy Balance Sheet?
Nov 08
Is System1 (NYSE:SST) Using Debt In A Risky Way?
Aug 04Health Check: How Prudently Does System1 (NYSE:SST) Use Debt?
Apr 23Recent updates
Does System1 (NYSE:SST) Have A Healthy Balance Sheet?
Nov 08Lacklustre Performance Is Driving System1, Inc.'s (NYSE:SST) 27% Price Drop
Aug 13Is System1 (NYSE:SST) Using Debt In A Risky Way?
Aug 04Health Check: How Prudently Does System1 (NYSE:SST) Use Debt?
Apr 23The 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 ($135.2M) exceed its short term liabilities ($99.2M).
Long Term Liabilities: SST's short term assets ($135.2M) do not cover its long term liabilities ($277.3M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (200.8%) 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 a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SST has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
System1, Inc. is covered by 5 analysts. 1 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 |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Nathaniel Schindler | BofA Global Research |
| Thomas Forte | D.A. Davidson & Co. |