Xaar Balance Sheet Health
Financial Health criteria checks 4/6
Xaar has a total shareholder equity of £70.1M and total debt of £1.9M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are £95.5M and £25.4M respectively.
Key information
2.7%
Debt to equity ratio
UK£1.92m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£9.09m |
| Equity | UK£70.08m |
| Total liabilities | UK£25.37m |
| Total assets | UK£95.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XAR's short term assets (£50.7M) exceed its short term liabilities (£18.7M).
Long Term Liabilities: XAR's short term assets (£50.7M) exceed its long term liabilities (£6.7M).
Debt to Equity History and Analysis
Debt Level: XAR has more cash than its total debt.
Reducing Debt: XAR's debt to equity ratio has increased from 0% to 2.7% over the past 5 years.
Debt Coverage: XAR's debt is well covered by operating cash flow (322%).
Interest Coverage: Insufficient data to determine if XAR's interest payments on its debt are well covered by EBIT.