Xos Balance Sheet Health
Financial Health criteria checks 3/6
Xos has a total shareholder equity of $57.6M and total debt of $30.6M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are $114.2M and $56.6M respectively.
Key information
53.2%
Debt to equity ratio
US$30.60m
Debt
Interest coverage ratio | n/a |
Cash | US$22.57m |
Equity | US$57.56m |
Total liabilities | US$56.63m |
Total assets | US$114.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KR0's short term assets ($91.5M) exceed its short term liabilities ($27.2M).
Long Term Liabilities: 9KR0's short term assets ($91.5M) exceed its long term liabilities ($29.5M).
Debt to Equity History and Analysis
Debt Level: 9KR0's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9KR0's debt to equity ratio has reduced 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: 9KR0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 9KR0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.5% each year