SEALSQ Balance Sheet Health
Financial Health criteria checks 6/6
SEALSQ has a total shareholder equity of $461.5M and total debt of $1.7M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $504.2M and $42.7M respectively.
Key information
0.36%
Debt to equity ratio
US$1.68m
Debt
| Interest coverage ratio | n/a |
| Cash | US$427.69m |
| Equity | US$461.51m |
| Total liabilities | US$42.67m |
| Total assets | US$504.18m |
Recent financial health updates
Recent updates
Sealsq: The Cash Pile Comes With A Catch
Summary SEALSQ Corp. shows accelerating revenue and a robust cash position, but heavy dilution and ongoing losses cloud its investment case. LAES's quantum semiconductor products are progressing, yet certifications and commercial ramp remain at least 12–24 months away, delaying significant revenue realization. Management is deploying $485 million in cash into early-stage quantum ventures and infrastructure, raising uncertainty about future capital returns. I rate LAES a Hold; upside depends on certification milestones and the conversion of a $225 million pipeline into production orders. Read the full article on Seeking Alpha
SEALSQ and it’s promising Future
SEALSQ is positioning itself at the intersection of several powerful technology trends: cybersecurity, semiconductors and post-quantum cryptography. While the company remains an early-stage growth story, its technology portfolio and market positioning provide investors with a potentially compelling long-term opportunity with myself investing in shares in the company since November 24’.After Leaping 39% SEALSQ Corp (NASDAQ:LAES) Shares Are Not Flying Under The Radar
Those holding SEALSQ Corp ( NASDAQ:LAES ) shares would be relieved that the share price has rebounded 39% in the last...What You Can Learn From SEALSQ Corp's (NASDAQ:LAES) P/S After Its 26% Share Price Crash
SEALSQ Corp ( NASDAQ:LAES ) shareholders won't be pleased to see that the share price has had a very rough month...SEALSQ Corp (NASDAQ:LAES) May Have Run Too Fast Too Soon With Recent 35% Price Plummet
To the annoyance of some shareholders, SEALSQ Corp ( NASDAQ:LAES ) shares are down a considerable 35% in the last...Financial Position Analysis
Short Term Liabilities: LAES's short term assets ($449.6M) exceed its short term liabilities ($28.2M).
Long Term Liabilities: LAES's short term assets ($449.6M) exceed its long term liabilities ($14.4M).
Debt to Equity History and Analysis
Debt Level: LAES has more cash than its total debt.
Reducing Debt: LAES had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: LAES has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LAES has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 60% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/19 15:32 |
| End of Day Share Price | 2026/08/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
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 Github.
Analyst Sources
SEALSQ Corp is covered by 3 analysts. 2 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 |
|---|---|
| Troy Jensen | Cantor Fitzgerald & Co. |
| null null | Maxim Group |
| Matthew Galinko | Maxim Group |