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Xebec Adsorption Balance Sheet Health
Financial Health criteria checks 6/6
Key information
32.5%
Debt to equity ratio
CA$84.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$39.65m |
| Equity | CA$260.25m |
| Total liabilities | CA$243.13m |
| Total assets | CA$503.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XB6's short term assets (CA$190.4M) exceed its short term liabilities (CA$154.5M).
Long Term Liabilities: XB6's short term assets (CA$190.4M) exceed its long term liabilities (CA$88.6M).
Debt to Equity History and Analysis
Debt Level: XB6's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: XB6 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: XB6 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XB6 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 55.2% each year.