XS Financial Balance Sheet Health
Financial Health criteria checks 2/6
XS Financial has a total shareholder equity of $2.9M and total debt of $79.9M, which brings its debt-to-equity ratio to 2770.8%. Its total assets and total liabilities are $90.0M and $87.1M respectively. XS Financial's EBIT is $4.6M making its interest coverage ratio 0.6. It has cash and short-term investments of $87.7K.
Key information
2,770.8%
Debt to equity ratio
US$79.87m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$87.67k |
| Equity | US$2.88m |
| Total liabilities | US$87.10m |
| Total assets | US$89.98m |
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
Positive 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 ($28.3M) do not cover its short term liabilities ($87.1M).
Long Term Liabilities: XSF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XSF's net debt to equity ratio (2767.8%) 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: XSF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XSF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.1% each year