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XS Financial Balance Sheet Health
Financial Health criteria checks 4/6
XS Financial has a total shareholder equity of $3.6M and total debt of $65.8M, which brings its debt-to-equity ratio to 1809.6%. Its total assets and total liabilities are $73.6M and $70.0M respectively. XS Financial's EBIT is $7.0M making its interest coverage ratio 1. It has cash and short-term investments of $3.6M.
Key information
1,809.6%
Debt to equity ratio
US$65.79m
Debt
| Interest coverage ratio | 1x |
| Cash | US$3.58m |
| Equity | US$3.64m |
| Total liabilities | US$69.99m |
| Total assets | US$73.63m |
Recent financial health updates
Is XS Financial (CSE:XSF) Using Debt Sensibly?
Jun 04
XS Financial (CSE:XSF) Is Carrying A Fair Bit Of Debt
Jan 20
Recent updates
Even With A 38% Surge, Cautious Investors Are Not Rewarding XS Financial Inc.'s (CSE:XSF) Performance Completely
Jun 07Positive Sentiment Still Eludes XS Financial Inc. (CSE:XSF) Following 30% Share Price Slump
Mar 01Investors Give XS Financial Inc. (CSE:XSF) Shares A 50% Hiding
Dec 22It's Probably Less Likely That XS Financial Inc.'s (CSE:XSF) CEO Will See A Huge Pay Rise This Year
Nov 20Cautious Investors Not Rewarding XS Financial Inc.'s (CSE:XSF) Performance Completely
Aug 31XS Financial (CSE:XSF) Might Have The Makings Of A Multi-Bagger
Dec 28XS Financial (CSE:XSF) Is Looking To Continue Growing Its Returns On Capital
Sep 14Is XS Financial (CSE:XSF) Using Debt Sensibly?
Jun 04XS Financial (CSE:XSF) Is Carrying A Fair Bit Of Debt
Jan 20Financial Position Analysis
Short Term Liabilities: XSF's short term assets ($30.3M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: XSF's short term assets ($30.3M) do not cover its long term liabilities ($62.1M).
Debt to Equity History and Analysis
Debt Level: XSF's net debt to equity ratio (1711.1%) is considered high.
Reducing Debt: XSF had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable XSF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XSF is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.6% per year.