Xtract Resources Balance Sheet Health
Financial Health criteria checks 3/6
Xtract Resources has a total shareholder equity of £19.6M and total debt of £50.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are £21.7M and £2.1M respectively.
Key information
0.3%
Debt to equity ratio
UK£50.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£375.00k |
Equity | UK£19.59m |
Total liabilities | UK£2.15m |
Total assets | UK£21.73m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: XTR's short term assets (£3.1M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: XTR's short term assets (£3.1M) exceed its long term liabilities (£326.0K).
Debt to Equity History and Analysis
Debt Level: XTR has more cash than its total debt.
Reducing Debt: XTR's debt to equity ratio has increased from 0% to 0.3% 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: Insufficient data to determine if XTR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if XTR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.