Xigem Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Xigem Technologies has a total shareholder equity of CA$635.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.0M and CA$390.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$62.90k |
| Equity | CA$635.23k |
| Total liabilities | CA$390.74k |
| Total assets | CA$1.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: XIGM's short term assets (CA$149.3K) do not cover its short term liabilities (CA$390.7K).
Long Term Liabilities: XIGM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XIGM is debt free.
Reducing Debt: XIGM had no debt 5 years ago.
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: XIGM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XIGM has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.3% each year.