This company has been acquired
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 Inc.'s (CVE:XYBN) Share Price Boosted 80% But Its Business Prospects Need A Lift Too
May 21Xybion 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/30 04:49 |
| End of Day Share Price | 2024/06/28 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/03/31 |
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
Xybion Digital Inc. is covered by 1 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 |
|---|---|
| Justin Keywood | Stifel Canada |