Banxa Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Banxa Holdings has a total shareholder equity of A$-6.0M and total debt of A$12.2M, which brings its debt-to-equity ratio to -203.9%. Its total assets and total liabilities are A$14.0M and A$19.9M respectively. Banxa Holdings's EBIT is A$707.3K making its interest coverage ratio 0.3. It has cash and short-term investments of A$3.7M.
Key information
-203.9%
Debt to equity ratio
AU$12.20m
Debt
| Interest coverage ratio | 0.3x |
| Cash | AU$3.74m |
| Equity | -AU$5.98m |
| Total liabilities | AU$19.94m |
| Total assets | AU$13.96m |
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
Banxa Holdings Inc. (CVE:BNXA) Surges 94% Yet Its Low P/S Is No Reason For Excitement
Nov 10The 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: Whilst unprofitable BNXA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BNXA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 27.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 11:26 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
Banxa Holdings Inc. is covered by 1 analysts. 1 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 |
|---|---|
| Kevin Dede | H.C. Wainwright & Co. |