Xtract Resources Balance Sheet Health
Financial Health criteria checks 6/6
Xtract Resources has a total shareholder equity of £19.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £20.3M and £629.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.00m |
| Equity | UK£19.63m |
| Total liabilities | UK£629.00k |
| Total assets | UK£20.26m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: XTR's short term assets (£4.4M) exceed its short term liabilities (£629.0K).
Long Term Liabilities: XTR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XTR is debt free.
Reducing Debt: XTR 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: Whilst unprofitable XTR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XTR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.9% per year.