Xybion Digital Balance Sheet Health
Financial Health criteria checks 5/6
Xybion Digital has a total shareholder equity of $8.8M and total debt of $8.7M, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are $30.1M and $21.3M respectively. Xybion Digital's EBIT is $2.5M making its interest coverage ratio 23. It has cash and short-term investments of $7.5M.
Key information
98.4%
Debt to equity ratio
US$8.71m
Debt
| Interest coverage ratio | 23x |
| Cash | US$7.49m |
| Equity | US$8.85m |
| Total liabilities | US$21.25m |
| Total assets | US$30.10m |
Recent financial health updates
Xybion Digital (CVE:XYBN) Has A Pretty Healthy Balance Sheet
Feb 24
Companies Like Xybion Digital (CVE:XYBN) Can Afford To Invest In Growth
Nov 03Will Xybion Digital (CVE:XYBN) Spend Its Cash Wisely?
Jul 21We're Interested To See How Xybion Digital (CVE:XYBN) Uses Its Cash Hoard To Grow
Feb 11We're Hopeful That Xybion Digital (CVE:XYBN) Will Use Its Cash Wisely
Feb 23Recent updates
Xybion Digital (CVE:XYBN) Has A Pretty Healthy Balance Sheet
Feb 24Shareholders Will Be Pleased With The Quality of Xybion Digital's (CVE:XYBN) Earnings
Nov 28Companies Like Xybion Digital (CVE:XYBN) Can Afford To Invest In Growth
Nov 03Will Xybion Digital (CVE:XYBN) Spend Its Cash Wisely?
Jul 21We're Interested To See How Xybion Digital (CVE:XYBN) Uses Its Cash Hoard To Grow
Feb 11Calculating The Intrinsic Value Of Xybion Digital Inc. (CVE:XYBN)
May 02We're Hopeful That Xybion Digital (CVE:XYBN) Will Use Its Cash Wisely
Feb 23Financial Position Analysis
Short Term Liabilities: XYBN's short term assets ($13.8M) exceed its short term liabilities ($9.6M).
Long Term Liabilities: XYBN's short term assets ($13.8M) exceed its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: XYBN's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if XYBN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: XYBN's debt is well covered by operating cash flow (49.5%).
Interest Coverage: XYBN's interest payments on its debt are well covered by EBIT (23x coverage).