Xenetic Biosciences Balance Sheet Health
Financial Health criteria checks 6/6
Xenetic Biosciences has a total shareholder equity of $12.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.7M and $856.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.99m |
| Equity | US$12.86m |
| Total liabilities | US$856.37k |
| Total assets | US$13.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3XB0's short term assets ($12.9M) exceed its short term liabilities ($856.4K).
Long Term Liabilities: 3XB0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3XB0 is debt free.
Reducing Debt: 3XB0 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: 3XB0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3XB0 has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 3.7% each year.