Cyanotech Corp.

As of December 31, 2025, Cyanotech Corp. carries a market capitalization of 3.33M, placing it among publicly traded companies globally. Its enterprise value stands at 14.65M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

As of December 31, 2025, Cyanotech Corp. has 7.39M shares outstanding.

These figures are as of December 31, 2025. The price-to-sales ratio is 0.13, and the price-to-book ratio stands at 0.42.

As of December 31, 2025, Cyanotech Corp. trades at an EV/EBITDA multiple of 35.99 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.59 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 14.65M versus a market cap of 3.33M, with the gap driven by net debt and cash on the balance sheet.

As of December 31, 2025, Cyanotech Corp. maintains a current ratio of 1.01, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 151.34, indicating elevated leverage, while an interest coverage ratio of 0.57 demonstrates limited ability to service its debt obligations.

Over the twelve months ended December 31, 2025, Cyanotech Corp. posted a negative return on equity (ROE) of -20.55, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -7.58, reflecting losses generated across the asset base. The company generates approximately 300,879.52 in revenue per employee across its workforce of 83.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.14 indicates how many times Cyanotech Corp. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended December 31, 2025, Cyanotech Corp. recorded 8,000.00 in income tax expense. The company reported a pretax loss of -1.77M and -1.78M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on October 22, 2026, Cyanotech Corp.'s stock has gained approximately 84.44% over the past 52 weeks. The 50-day moving average sits at 0.51, while the 200-day moving average is 0.41.

Over the twelve months ended December 31, 2025, Cyanotech Corp. generated 24.97M in revenue and converted that into -1.78M in net income, yielding earnings per share of -0.24. EBITDA reached 407,000.00, while operating income came in at -1.06M.

As of December 31, 2025, Cyanotech Corp. holds 548,000.00 in cash and equivalents against 11.87M in total debt, resulting in a net debt position of 7.82M. Total book value stands at 7.84M, with working capital of 92,000.00 providing operational flexibility.

Cyanotech Corp. produced -342,000.00 in operating cash flow over the twelve months ended December 31, 2025. After subtracting -170,000.00 in capital expenditures, free cash flow totaled -512,000.00 - equivalent to -0.07 per share.

Over the twelve months ended December 31, 2025, Cyanotech Corp. posted a gross margin of 32.12, reflecting its pricing power and cost economics. The operating margin of -4.24 and net profit margin of -7.14 provide insight into operational efficiency.

These figures cover the twelve months ended December 31, 2025. Free cash flow yield is negative at -15.64: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -22.19, meaning Cyanotech Corp. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Cyanotech Corp.'s most recent stock split took place on November 6, 2006 with a 4:1 split ratio.

As of December 31, 2025, Cyanotech Corp. has an Altman Z-Score of -0.59, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.