This company listing is no longer active
This company may still be operating, however this listing is no longer active. Find out why through their latest events.
Xstate Resources Balance Sheet Health
Financial Health criteria checks 3/6
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$715.54k |
| Equity | AU$1.63m |
| Total liabilities | AU$33.38m |
| Total assets | AU$35.01m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: XSTDA's short term assets (A$1.2M) do not cover its short term liabilities (A$2.8M).
Long Term Liabilities: XSTDA's short term assets (A$1.2M) do not cover its long term liabilities (A$30.6M).
Debt to Equity History and Analysis
Debt Level: XSTDA is debt free.
Reducing Debt: XSTDA had no debt 5 years ago.
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: XSTDA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XSTDA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year