Serial Achieva Balance Sheet Health
Financial Health criteria checks 4/6
Serial Achieva has a total shareholder equity of $5.0M and total debt of $6.7M, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are $16.5M and $11.4M respectively.
Key information
133.7%
Debt to equity ratio
US$6.73m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.62m |
| Equity | US$5.03m |
| Total liabilities | US$11.44m |
| Total assets | US$16.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XHV's short term assets ($16.1M) exceed its short term liabilities ($11.3M).
Long Term Liabilities: XHV's short term assets ($16.1M) exceed its long term liabilities ($154.0K).
Debt to Equity History and Analysis
Debt Level: XHV's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: XHV's debt to equity ratio has increased from 0% to 133.7% 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: XHV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: XHV has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.6% each year