Banxa Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Banxa Holdings has a total shareholder equity of A$-5.5M and total debt of A$13.3M, which brings its debt-to-equity ratio to -243.3%. Its total assets and total liabilities are A$16.7M and A$22.2M respectively.
Key information
-243.3%
Debt to equity ratio
AU$13.30m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.60m |
| Equity | -AU$5.47m |
| Total liabilities | AU$22.19m |
| Total assets | AU$16.73m |
Recent financial health updates
We're Hopeful That Banxa Holdings (CVE:BNXA) Will Use Its Cash Wisely
Oct 10
We Think Banxa Holdings (CVE:BNXA) Can Easily Afford To Drive Business Growth
Jun 27Recent updates
The Market Lifts Banxa Holdings Inc. (CVE:BNXA) Shares 37% But It Can Do More
Mar 03Investors Aren't Buying Banxa Holdings Inc.'s (CVE:BNXA) Revenues
Jul 25We're Hopeful That Banxa Holdings (CVE:BNXA) Will Use Its Cash Wisely
Oct 10We Think Banxa Holdings (CVE:BNXA) Can Easily Afford To Drive Business Growth
Jun 27Industry Analysts Just Upgraded Their Banxa Holdings Inc. (CVE:BNXA) Revenue Forecasts By 23%
Mar 04Banxa Holdings Inc. (CVE:BNXA) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Dec 01These Analysts Think Banxa Holdings Inc.'s (CVE:BNXA) Sales Are Under Threat
Jun 17Financial Position Analysis
Short Term Liabilities: BNXA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BNXA 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: BNXA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BNXA'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: BNXA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BNXA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.8% each year