Regenx Tech Balance Sheet Health
Financial Health criteria checks 1/6
Regenx Tech has a total shareholder equity of CA$3.2M and total debt of CA$5.4M, which brings its debt-to-equity ratio to 170.5%. Its total assets and total liabilities are CA$9.3M and CA$6.1M respectively.
Key information
170.5%
Debt to equity ratio
CA$5.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$238.48k |
| Equity | CA$3.16m |
| Total liabilities | CA$6.11m |
| Total assets | CA$9.28m |
Recent financial health updates
Is Regenx Tech (CSE:RGX) Using Too Much Debt?
Sep 22
Does Regenx Tech (CSE:RGX) Have A Healthy Balance Sheet?
Sep 15Does Regenx Tech (CVE:RGX) Have A Healthy Balance Sheet?
May 05Will Mineworx Technologies (CVE:MWX) Spend Its Cash Wisely?
Apr 07Is Mineworx Technologies (CVE:MWX) In A Good Position To Deliver On Growth Plans?
Dec 01Recent updates
Is Regenx Tech (CSE:RGX) Using Too Much Debt?
Sep 22Does Regenx Tech (CSE:RGX) Have A Healthy Balance Sheet?
Sep 15Does Regenx Tech (CVE:RGX) Have A Healthy Balance Sheet?
May 05Will Mineworx Technologies (CVE:MWX) Spend Its Cash Wisely?
Apr 07Is Mineworx Technologies (CVE:MWX) In A Good Position To Deliver On Growth Plans?
Dec 01Financial Position Analysis
Short Term Liabilities: RGX's short term assets (CA$652.9K) exceed its short term liabilities (CA$395.1K).
Long Term Liabilities: RGX's short term assets (CA$652.9K) do not cover its long term liabilities (CA$5.7M).
Debt to Equity History and Analysis
Debt Level: RGX's net debt to equity ratio (163%) is considered high.
Reducing Debt: RGX's debt to equity ratio has increased from 0% to 170.5% over the past 5 years.
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: RGX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RGX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:50 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| 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
Regenx Tech Corp. 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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