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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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/30 20:47 |
| End of Day Share Price | 2024/09/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
XS Financial Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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