IXUP Balance Sheet Health
Financial Health criteria checks 4/6
IXUP has a total shareholder equity of A$2.8M and total debt of A$194.7K, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are A$6.7M and A$4.0M respectively.
Key information
7.0%
Debt to equity ratio
AU$194.71k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.15m |
| Equity | AU$2.77m |
| Total liabilities | AU$3.95m |
| Total assets | AU$6.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IXU's short term assets (A$2.7M) do not cover its short term liabilities (A$3.0M).
Long Term Liabilities: IXU's short term assets (A$2.7M) exceed its long term liabilities (A$987.1K).
Debt to Equity History and Analysis
Debt Level: IXU has more cash than its total debt.
Reducing Debt: IXU's debt to equity ratio has increased from 0% to 7% over the past 5 years.
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: IXU has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IXU is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.