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BNC BNC Net debt

Discontinued — last reported Q4 '26

Net debt at other companies

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ZscalerZS
19.2×+12.3×
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0.1×-0.3×
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0.6×-1.3×
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American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$26.4M-5.7%
Gross profit$7.9M-21.1%
Operating income-$159.6M-14,760%
Net income$115.2M+20,118%
EPS (diluted)$2.52-99.4%

Balance sheet

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Cash & equivalents$3.1M+42.4%
Total debt$2.5M+955%
Total equity$304.8M+3,613%
Total assets$337.8M+3,636%

Cash flow

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Operating cash flow-$26.6M-3,471%
CapEx$9.0K
Free cash flow-$26.6M

Valuation

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Market cap$109.52M-89.7%
Enterprise value$108.98M-83.4%
P/E0.4×
P/S2.5×-20.9×

Profitability

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Gross margin28.9%-11.6pp
Operating margin-547.1%-554pp
Net margin667.2%+661pp
FCF margin-27.7%

Returns & leverage

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Return on equity186.8%+163pp
Debt / equity0.0×
Current ratio1.2×-7.0×

Where this comes from

Calculated from BNC’s reported figures.

The source filing: BNC’s 10-K, filed June 23, 2026. Open the filing →

Filed
Jun 23, 2026, 4:13 PM EDT
Fiscal year
FY2026
Accession
0001482541-26-000019

FAQ

What is BNC's net debt?
BNC (BNC) reported net debt of -$538K in Q1 2026.
How has BNC's net debt changed year-over-year?
BNC's net debt increased by 71.8% year-over-year, from -$1.91M to -$538K.
What is the long-term trend for BNC's net debt?
Over 5 years (2021 to 2026), BNC's net debt has grown at a -25.8% compound annual growth rate (CAGR), from -$2.39M to -$538K.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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