JX Energy Balance Sheet Health
Financial Health criteria checks 2/6
JX Energy has a total shareholder equity of CA$-5.5M and total debt of CA$16.0M, which brings its debt-to-equity ratio to -291.4%. Its total assets and total liabilities are CA$35.5M and CA$41.0M respectively.
Key information
-291.4%
Debt to equity ratio
CA$16.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$363.31k |
| Equity | -CA$5.50m |
| Total liabilities | CA$41.01m |
| Total assets | CA$35.51m |
Recent financial health updates
Does JX Energy (HKG:3395) Have A Healthy Balance Sheet?
Nov 19
Is JX Energy (HKG:3395) A Risky Investment?
Jun 20Is JX Energy (HKG:3395) A Risky Investment?
Aug 14Is Persta Resources (HKG:3395) Using Debt In A Risky Way?
Nov 04Is Persta Resources (HKG:3395) Using Debt Sensibly?
Jul 18Is Persta Resources (HKG:3395) Weighed On By Its Debt Load?
Apr 03Recent updates
Does JX Energy (HKG:3395) Have A Healthy Balance Sheet?
Nov 19Is JX Energy (HKG:3395) A Risky Investment?
Jun 20Investors Give JX Energy Ltd. (HKG:3395) Shares A 25% Hiding
Apr 19Calculating The Intrinsic Value Of JX Energy Ltd. (HKG:3395)
Nov 04JX Energy (HKG:3395) Is Posting Healthy Earnings, But It Is Not All Good News
Aug 19Is JX Energy (HKG:3395) A Risky Investment?
Aug 14Is Persta Resources (HKG:3395) Using Debt In A Risky Way?
Nov 04Is Persta Resources (HKG:3395) Using Debt Sensibly?
Jul 18Is Persta Resources (HKG:3395) Weighed On By Its Debt Load?
Apr 03Is Persta Resources (HKG:3395) Using Debt In A Risky Way?
Dec 01
Financial Position Analysis
Short Term Liabilities: 3395 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 3395 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3395 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 3395's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 3395 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3395 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.8% per year.