Exela Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Exela Technologies has a total shareholder equity of $-858.8M and total debt of $1.1B, which brings its debt-to-equity ratio to -123.5%. Its total assets and total liabilities are $636.3M and $1.5B respectively. Exela Technologies's EBIT is $2.3M making its interest coverage ratio 0. It has cash and short-term investments of $25.3M.
Key information
-123.5%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 0.02x |
| Cash | US$25.28m |
| Equity | -US$858.83m |
| Total liabilities | US$1.50b |
| Total assets | US$636.34m |
Recent financial health updates
Recent updates
Exela expands strategic partnership with major healthcare engagement customer
Sep 28Exela receives contract from European communications company
Sep 20Exela Technologies: No Way Out. Likely Going Bankrupt
Aug 29Exela Technologies: Unclear Prospects Of A Niche Player
Aug 14Exela stock gains 13% after update on capital deployment strategy
Aug 03Exela Technologies falls postmarket after 1-for-20 reverse stock split
Jul 25Is Exela Technologies A Buy, Sell, Or Hold? For Investors With Aggressive Risk Appetite
Feb 08Exela's Management Is Brilliant: Debt Reduction And FCF Generation
Dec 15Exela Technologies (NASDAQ:XELA) Is Finding It Tricky To Allocate Its Capital
Sep 10
Exela: Everybody Knows That Digital Transformation Is A Game Changer
Sep 02Exela Technologies extends partnership with care services insurance company
Jun 08Exela Technologies reports Q1 results
May 04Did You Miss Exela Technologies' (NASDAQ:XELA) Impressive 185% Share Price Gain?
Feb 18
Do Institutions Own Exela Technologies, Inc. (NASDAQ:XELA) Shares?
Jan 14Exela Technologies stock gains after hiring UBS to explore strategic alternatives
Dec 30Exela Technologies secures $145M term loan
Dec 17Should You Be Worried About Exela Technologies' (NASDAQ:XELA) Returns On Capital?
Dec 16Exela Technologies reports Q3 results
Nov 09Financial Position Analysis
Short Term Liabilities: XELA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: XELA 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: XELA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: XELA'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: XELA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: XELA has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 25% each year.