Xref Balance Sheet Health
Financial Health criteria checks 2/6
Xref has a total shareholder equity of A$-5.8M and total debt of A$8.2M, which brings its debt-to-equity ratio to -141.1%. Its total assets and total liabilities are A$20.4M and A$26.2M respectively.
Key information
-141.1%
Debt to equity ratio
AU$8.25m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.59m |
| Equity | -AU$5.85m |
| Total liabilities | AU$26.21m |
| Total assets | AU$20.36m |
Recent financial health updates
Is Xref (ASX:XF1) A Risky Investment?
Feb 25
Does Xref (ASX:XF1) Have A Healthy Balance Sheet?
Nov 09Xref (ASX:XF1) Seems To Use Debt Rather Sparingly
Jun 30Xref (ASX:XF1) Has A Rock Solid Balance Sheet
Mar 09Recent updates
Xref Limited's (ASX:XF1) 28% Dip In Price Shows Sentiment Is Matching Revenues
Sep 13Market Cool On Xref Limited's (ASX:XF1) Revenues
Apr 02Potential Upside For Xref Limited (ASX:XF1) Not Without Risk
Dec 29Market Cool On Xref Limited's (ASX:XF1) Revenues
Aug 16Is Xref (ASX:XF1) A Risky Investment?
Feb 25Does Xref (ASX:XF1) Have A Healthy Balance Sheet?
Nov 09Xref (ASX:XF1) Seems To Use Debt Rather Sparingly
Jun 30Xref (ASX:XF1) Has A Rock Solid Balance Sheet
Mar 09How Much Is Xref Limited (ASX:XF1) Paying Its CEO?
Feb 23Xref's(ASX:XF1) Share Price Is Down 49% Over The Past Three Years.
Dec 31
What Did Xref's (ASX:XF1) CEO Take Home Last Year?
Nov 24Financial Position Analysis
Short Term Liabilities: XF1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: XF1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: XF1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: XF1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: XF1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XF1 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 24.1% each year.