System1 Balance Sheet Health
Financial Health criteria checks 2/6
System1 has a total shareholder equity of $129.3M and total debt of $279.6M, which brings its debt-to-equity ratio to 216.3%. Its total assets and total liabilities are $511.3M and $382.1M respectively.
Key information
216.3%
Debt to equity ratio
US$279.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$75.65m |
| Equity | US$129.28m |
| Total liabilities | US$382.06m |
| Total assets | US$511.34m |
Recent financial health updates
Is System1 (NYSE:SST) Using Debt In A Risky Way?
Aug 04
Health Check: How Prudently Does System1 (NYSE:SST) Use Debt?
Apr 23Recent updates
Lacklustre 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 ($148.6M) exceed its short term liabilities ($101.7M).
Long Term Liabilities: SST's short term assets ($148.6M) do not cover its long term liabilities ($280.3M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (157.8%) 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.