SDX Energy Balance Sheet Health
Financial Health criteria checks 4/6
SDX Energy has a total shareholder equity of $4.8M and total debt of $3.8M, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are $36.7M and $31.9M respectively.
Key information
77.9%
Debt to equity ratio
US$3.77m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.16m |
| Equity | US$4.84m |
| Total liabilities | US$31.88m |
| Total assets | US$36.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3KX's short term assets ($27.9M) do not cover its short term liabilities ($28.5M).
Long Term Liabilities: 3KX's short term assets ($27.9M) exceed its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: 3KX has more cash than its total debt.
Reducing Debt: 3KX's debt to equity ratio has increased from 0% to 77.9% 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: Whilst unprofitable 3KX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3KX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.7% per year.