arrow_back Back Filing freshness 10-Q FY 2025 SEC EDGAR

download Export Data

CYANOTECH CORP

CYAN

— Price unavailable

17 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

auto_awesome

Analytical Summary

CYANOTECH CORP faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap —

Dividend Yield —

Revenue Growth 5.0% ↗

Op. Margin -10.4% ↗

ROIC -18.5% ↗

FCF / Share $-0.17

Trailing P/E —

Price / Book —

FCF Yield —

Debt / Equity 0.62

info Valuation on last close.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$24.21M

↑ +5.0% —

Net Income Profit after all expenses

$-3.20M

↑ +39.2% —

Operating Margin Operating profit as % of sales

-10.4%

↑ +48.0% 15th

FCF / Share Free cash flow per share

$-0.17

↓ -143.7% —

Long-Term Debt Long-term obligations

$4.71M

↓ -13.7% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability

Returns

Financial Health ↑

Cash Quality ↓

Financial view

Statement lens

Choose the reporting cadence, isolate a period range, or search directly for a metric.

Cadence

Annual Quarterly

Range

→

📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Revenue Growth YoY (%)	5.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	-0.5% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-109%)	-35.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-811%)	11.2% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+124%)	1.4% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-72%)	5.6% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+12%)	-11.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-329%)	6.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+29%)	0.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-87%)	-5.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-216%)	20.0% Good → Good Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+300%)	2.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-57%)	12.0% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+140%)	46.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+828%)	6.9% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+38%)	—	—
EPS Growth YoY (%)	44.4% Excellent → Excellent Stable Year-over-year change in earnings per share Optimal: > 10%	-47.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	133.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	150.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	73.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	100.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	14.9% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	109.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	23.1% Good Good Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	39.2% Excellent → Excellent Stable Year-over-year change in net income	-53.1% Weak ↓ Weak Declining Year-over-year change in net income	N/M	134.1% Excellent Excellent Year-over-year change in net income	137.7% Excellent Excellent Year-over-year change in net income	N/M	N/M	N/M	72.4% Excellent ↑ Excellent Improving Year-over-year change in net income	-18212.5% Weak ↓ Weak Declining Year-over-year change in net income	94.3% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	15.9% Good ↓ Good Declining Year-over-year change in net income	109.9% Excellent Excellent Year-over-year change in net income	24.4% Good Good Year-over-year change in net income	—	—
FCF Growth YoY (%)	—	—	—	-2.3% Weak Weak Year-over-year change in free cash flow	89.5% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	21.0% Good Good Year-over-year change in free cash flow	61.5% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	-12.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-10.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-10.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	6.0% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-1.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-1.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	0.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	4.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	4.9% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	11.1% Good ↓ Good Declining Compound annual revenue growth over 3 years	18.8% Excellent Excellent Compound annual revenue growth over 3 years	20.6% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-5.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-5.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-7.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	2.3% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	0.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-1.2% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	1.4% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	4.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	5.4% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	13.6% Excellent Excellent Compound annual revenue growth over 5 years	16.5% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	-5.9% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	43.6% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Operating Margin (%) (%)	-10.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-169%)	-19.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-233%)	-12.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-184%)	7.2% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-52%)	0.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-98%)	3.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-78%)	-9.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-166%)	4.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-72%)	-2.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-114%)	-2.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-116%)	1.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-94%)	-0.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-105%)	8.3% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	11.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	7.3% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	9.5% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	—
Effective Tax Rate (%) (%)	-0.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-12.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-311.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—
Profit Margin (%) (%)	-13.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-232%)	-22.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-328%)	-14.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-248%)	6.0% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	2.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-72%)	1.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	-11.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-219%)	3.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-70%)	-3.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-138%)	-13.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-238%)	-0.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-101%)	-1.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-115%)	15.3% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+53%)	14.7% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+47%)	10.3% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	8.8% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-12%)	—
FCF Margin (%) (%)	-4.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-2.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-9.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.6% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	7.4% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-2.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	2.3% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—
FCF / Net Income (x)	0.37x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.09x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.61x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.10x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	2.61x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	3.21x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.24x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.45x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	-1.00x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.17x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—	—	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Return on Invested Capital (%)	-18.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-26.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-16.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	10.4% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	0.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	4.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-15.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	8.7% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-4.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-18.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	7.1% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	14.6% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	8.3% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	13.0% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-10.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-18.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-9.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	8.0% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	0.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-10.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-2.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	—	1.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	8.0% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	15.2% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	8.9% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-36.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-400%)	-44.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-472%)	-21.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-275%)	11.1% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-8%)	5.4% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	2.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-80%)	-24.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-301%)	5.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-53%)	-7.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-161%)	-24.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-305%)	-0.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-101%)	-2.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-117%)	20.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+73%)	23.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+98%)	15.6% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+30%)	15.3% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+27%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Debt to Equity (x)	0.62x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+23%)	0.57x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+13%)	0.06x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-88%)	0.25x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-49%)	0.36x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-28%)	0.43x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-13%)	0.35x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-31%)	0.01x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-98%)	—	—	—	—	0.27x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-46%)	0.03x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-95%)	0.05x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-90%)	—	—
Interest Coverage (x)	-3.65x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-6.87x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-5.82x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	6.57x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	0.15x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	1.60x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-5.15x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	3.42x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	-1.58x Weak Weak Operating income divided by interest expense Optimal: > 5x	-2.17x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—
Net Debt (USD)	$5.22M	$5.99M	$26.00K	$2.35M	$2.41M	$4.45M	$4.33M	$-1.17M	$-1.41M	$-1.24M	$-2.23M	$-4.31M	$1.09M	$-4.66M	$-1.51M	$-817.00K	$-977.00K
Debt / EBITDA (x)	-5.32x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.23x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.79x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.18x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.37x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.30x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.75x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.05x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	1.73x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.11x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.30x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Revenue per Share (USD)	$3.42	—	—	$5.84	$5.33	$5.36	$5.19	$5.98	$5.66	$5.71	$6.13	$5.14	$5.06	$4.55	$3.14	$3.00	—
Basic EPS, GAAP (USD)	$-0.45	$-0.81	$-0.55	$0.35	$0.15	$0.06	$-0.62	$0.18	$-0.21	$-0.79	$0.00	$-0.08	$0.77	$0.67	$0.32	$0.26	—
Free Cash Flow per Share (USD)	$-0.17	—	—	$0.39	$0.40	$0.21	$-0.15	$0.26	$0.22	$0.13	—	—	—	—	—	—	—
Book Value per Share (USD)	$1.23	$1.70	$2.61	$3.14	$2.79	$2.64	$2.54	$3.14	$2.92	$3.19	$3.86	$3.74	$3.70	$2.81	$2.06	$1.74	—
Tangible Book Value per Share (USD)	$1.23	$1.70	$2.61	$3.14	$2.79	$2.64	$2.54	$3.14	$2.92	$3.19	$3.86	$3.74	$3.70	$2.81	$2.06	$1.74	—
Basic Weighted Avg Shares (shares)	7.07M	6,531	6,244	6.16M	6.07M	5.96M	5.82M	5.71M	5.66M	5.58M	5.52M	5.48M	5.46M	5.41M	5.35M	5.25M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Working Capital (USD)	$302.00K	$2.04M	$5.39M	$11.44M	$9.30M	$8.37M	$5.10M	$7.91M	$6.20M	—	$7.48M	$8.43M	$9.31M	$8.06M	$6.29M	—	—
LT Debt (USD)	$4.71M	$5.46M	$1.00M	$4.94M	$6.17M	$6.87M	$5.17M	$156.00K	—	—	—	—	$5.45M	$400.00K	$553.00K	—	—
Total Equity (USD)	$8.88M	$11.81M	$16.35M	$19.49M	$17.04M	$15.85M	$14.91M	$18.11M	$16.61M	$17.83M	$21.48M	$20.55M	$20.23M	$15.27M	$11.11M	$9.12M	$7.77M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Mar 31, 2025 10-K ↗	FY 2024 Mar 31, 2024 10-K ↗	FY 2023 Mar 31, 2023 10-K ↗	FY 2022 Mar 31, 2022 10-K ↗	FY 2021 Mar 31, 2021 10-K ↗	FY 2020 Mar 31, 2020 10-K ↗	FY 2019 Mar 31, 2019 10-K ↗	FY 2018 Mar 31, 2018 10-K ↗	FY 2017 Mar 31, 2017 10-K ↗	FY 2016 Mar 31, 2016 10-K ↗	FY 2015 Mar 31, 2015 10-K ↗	FY 2014 Mar 31, 2014 10-K ↗	FY 2013 Mar 31, 2013 10-K ↗	FY 2012 Mar 31, 2012 10-K ↗	FY 2011 Mar 31, 2011 10-K ↗	FY 2010 Mar 31, 2010 10-K ↗	FY 2009 Mar 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	$24.21M	$23.07M	$23.18M	$35.97M	$32.34M	$31.90M	$30.20M	$34.12M	$32.04M	$31.84M	$33.81M	$28.18M	$27.58M	$24.63M	$16.83M	$15.74M	—
Depreciation Expense (USD)	$1.48M	$1.59M	$1.66M	$1.60M	$1.75M	$1.93M	$1.91M	$1.88M	$1.98M	$1.52M	$1.24M	$1.09M	$847.00K	$695.00K	$617.00K	$512.00K	—
Net Income, GAAP (USD)	$-3.20M	$-5.27M	$-3.44M	$2.15M	$920.00K	$387.00K	$-3.60M	$1.02M	$-1.22M	$-4.39M	$-24.00K	$-420.00K	$4.21M	$3.63M	$1.73M	$1.39M	—
Operating Cash Flow (USD)	$-1.19M	$-455.00K	$-2.10M	$2.38M	$2.40M	$1.24M	$-847.00K	$1.49M	$1.22M	$745.00K	—	—	—	—	—	—	—

⌨️ Keyboard Shortcuts

/ Search

Esc Clear

A Annual

Q Quarterly

1-7 Jump to category

R Reset

bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 64 quarters

CYANOTECH CORP

Analytical Summary

17-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

Compare CYAN with peers