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: Effective Capital Allocation To Prevent Potential Bottlenecks (Rating Upgrade)
Summary SEALSQ is undervalued, with a forward EV/Sales ratio of ~4x for 2027 and strong growth prospects. Recent acquisitions, including Miraex and IC'Alps, strategically strengthen LAES's supply chain and position in quantum and medtech sectors. The backlog for 2026-2028 stands at $200 million, supporting revenue projections of $50 million–$70 million by 2027 and the potential for upward estimate revisions. Progress in quantum security certifications and a planned US OSAT center could serve as catalysts for multiple expansions. 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...Sealsq: A Quantum-Ready Company
Summary SEALSQ Corp, a spin-off from WISeKey, focuses on secure semiconductor chips for IoT and post-quantum cryptography, addressing future digital security needs. SEALSQ's quantum-ready chips, built on RISC-V architecture, are set to launch in 2025, positioning the company for significant market growth. The IoT and quantum cryptography markets are projected to grow substantially, providing SEALSQ with promising financial growth opportunities. LAES has improved its balance sheet and reduced net debt, leveraging investor confidence through equity offerings instead of increasing debt. Read the full article on Seeking AlphaFinancial 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 | 2026/06/14 06:50 |
| End of Day Share Price | 2026/06/12 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 2 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. |
| Matthew Galinko | Maxim Group |