XWELL Balance Sheet Health

Financial Health criteria checks 6/6

XWELL has a total shareholder equity of $14.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $33.8M and $19.0M respectively.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	n/a
Cash	US$16.03m
Equity	US$14.83m
Total liabilities	US$18.96m
Total assets	US$33.79m

Recent financial health updates

XWELL (NASDAQ:XWEL) Will Have To Spend Its Cash Wisely

Jul 14

Recent updates

XWELL, Inc. (NASDAQ:XWEL) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Dec 13

Slammed 27% XWELL, Inc. (NASDAQ:XWEL) Screens Well Here But There Might Be A Catch

Sep 06

XWELL, Inc. (NASDAQ:XWEL) Might Not Be As Mispriced As It Looks After Plunging 29%

Jul 14

It's Down 27% But XWELL, Inc. (NASDAQ:XWEL) Could Be Riskier Than It Looks

Apr 03

Further Upside For XWELL, Inc. (NASDAQ:XWEL) Shares Could Introduce Price Risks After 33% Bounce

Feb 15

These 4 Measures Indicate That XpresSpa Group (NASDAQ:XSPA) Is Using Debt Safely

May 10

Rock star Growth Puts XpresSpa Group (NASDAQ:XSPA) In A Position To Use Debt

Jan 11

XpresSpa Is A Strong Buy With Covid Testing Earnings Power

Dec 13

We Think The Compensation For XpresSpa Group, Inc.'s (NASDAQ:XSPA) CEO Looks About Right

Sep 24

Analysts Have Been Trimming Their XpresSpa Group, Inc. (NASDAQ:XSPA) Price Target After Its Latest Report

Aug 19

Is XpresSpa Group (NASDAQ:XSPA) Weighed On By Its Debt Load?

Jun 22

XpresSpa Group to be a part of Russell Microcap Index

Jun 09

XpresSpa launches a new travel brand 'Treat'

Jun 01

XpresSpa Group Stock Forecast: What To Think About After 2020 Q4 Earnings

May 04

Financial Position Analysis

Short Term Liabilities: XWEL's short term assets ($19.5M) exceed its short term liabilities ($9.9M).

Long Term Liabilities: XWEL's short term assets ($19.5M) exceed its long term liabilities ($9.1M).

Debt to Equity History and Analysis

Debt Level: XWEL is debt free.

Reducing Debt: XWEL has no debt compared to 5 years ago when its debt to equity ratio was 114.6%.

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: XWEL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: XWEL has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 13.2% each year.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 00:04
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

XWELL, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Robert Wasserman	Dawson James Securities
Scott Buck	H.C. Wainwright & Co.
Mark Argento	Lake Street Capital Markets, LLC

XWELL Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

XWELL, Inc. announced delayed amended 10-K filing

XWELL, Inc. announced delayed annual 10-K filing

XWELL, Inc. Announces 1-for-20 Reverse Stock Split to Regain Compliance with Minimum Bid Price Requirement for Continued Listing on The Nasdaq Capital Market

XWELL (NASDAQ:XWEL) Will Have To Spend Its Cash Wisely

XWELL, Inc. Receives Non-Compliance Letter from the Nasdaq

XpresSpa Group, Inc. Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

Recent updates

New minor risk - Share price stability

XWELL, Inc. (NASDAQ:XWEL) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Third quarter 2024 earnings released: US$0.99 loss per share (vs US$2.38 loss in 3Q 2023)

XWELL, Inc. to Report Q3, 2024 Results on Nov 14, 2024

Slammed 27% XWELL, Inc. (NASDAQ:XWEL) Screens Well Here But There Might Be A Catch

XWELL, Inc. Announces Executive Changes

XWELL, Inc., Annual General Meeting, Sep 20, 2024

Second quarter 2024 earnings released: US$0.48 loss per share (vs US$1.37 loss in 2Q 2023)

CPC Decides to Withdraw Lawsuit Against XWELL

New minor risk - Shareholder dilution

XWELL, Inc. has completed a Follow-on Equity Offering in the amount of $1.422897 million.

New major risk - Share price stability

XWELL, Inc. has filed a Follow-on Equity Offering in the amount of $1.422897 million.

CPC Pain & Wellness SPV Files Complaint in the Delaware Court of Chancery Against XWELL

XWELL, Inc. (NASDAQ:XWEL) Might Not Be As Mispriced As It Looks After Plunging 29%

CPC Pain & Wellness SPV Engages in Discussions with XWELL

XWELL, Inc. Introduces New Esthetic Facial Services to Naples Wax Center Locations

XWELL, Inc. Plans to Introduce the Ceragem V6 Therapeutic Thermal Massager in Select Xpresspa Locations

XWELL, Inc. Introduces IV Hydration Drip Therapy at Miami International Airport

XWELL, Inc. to Report Fiscal Year 2023 Results on Apr 16, 2024

XWELL, Inc. announced delayed amended 10-K filing

XWELL, Inc. announced delayed annual 10-K filing

It's Down 27% But XWELL, Inc. (NASDAQ:XWEL) Could Be Riskier Than It Looks

Further Upside For XWELL, Inc. (NASDAQ:XWEL) Shares Could Introduce Price Risks After 33% Bounce

XWELL, Inc. Elects Gaëlle S. Wizenberg as Member of the Audit Committee and the Compensation Committee

Not Many Are Piling Into XWELL, Inc. (NASDAQ:XWEL) Stock Yet As It Plummets 29%

XWELL, Inc. Announces Board Changes, Effective January 1, 2024

XWELL, Inc. Introduces Clockwork Robotic Manicures At Harry Reid International Airport in Las Vegas

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

XWELL, Inc. Reports Impairment Charges for the Third Quarter Ended September 30, 2023

XWELL, Inc. Announces 1-for-20 Reverse Stock Split to Regain Compliance with Minimum Bid Price Requirement for Continued Listing on The Nasdaq Capital Market

XWELL, Inc. (NasdaqCM:XWEL) acquired Naples Wax Center, Inc.

Second quarter 2023 earnings: Revenues and EPS in line with analyst expectations

XWELL, Inc. to Report Q2, 2023 Results on Aug 14, 2023

XWELL, Inc., Annual General Meeting, Aug 22, 2023

Xpresspa Debuts Clockwork Robotic Manicures At Miami International Airport

New minor risk - Share price stability

XWELL (NASDAQ:XWEL) Will Have To Spend Its Cash Wisely

XWELL, Inc. Announces Executive Changes, Effective July 10, 2023

XWELL, Inc. to Report Q1, 2023 Results on May 15, 2023

XWELL, Inc. Names Valerie Lightfoot Chief Financial Officer

Consensus revenue estimates fall by 33%

Full year 2022 earnings: EPS misses analyst expectations

There's No Escaping XWELL, Inc.'s (NASDAQ:XWEL) Muted Revenues

Consensus EPS estimates fall by 12%

Consensus revenue estimates fall by 14%

Price target decreased to US$2.00

Third quarter 2022 earnings released: US$0.076 loss per share (vs US$0.053 profit in 3Q 2021)

Price target decreased to US$2.00

XWELL, Inc. Announces Impairment Charges for the Three Months Ended September 30, 2022

XWELL, Inc. to Report Q3, 2022 Results on Nov 10, 2022

XWELL, Inc. Receives Non-Compliance Letter from the Nasdaq

XpresSpa Group, Inc. Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

XpresSpa Group, Inc., Annual General Meeting, Oct 04, 2022

XpresSpa Group Announces the Re-Opening of XpresSpa™ Location At John F. Kennedy International Airport’s Terminal 4

XpresSpa Q2 2022 Earnings Preview

XpresSpa Group, Inc. to Report Q2, 2022 Results on Aug 15, 2022

XpresSpa Group Announces the Separation of Service of Chief Financial Officer James Berry

Consensus revenue estimates fall by 36%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

XpresSpa Group, Inc. Revises Revenue Guidance for the Year 2022

XpresSpa Group, Inc. to Report Q1, 2022 Results on May 16, 2022

These 4 Measures Indicate That XpresSpa Group (NASDAQ:XSPA) Is Using Debt Safely

Price target increased to US$4.00

Xpresspa Group, Inc. Announces Travel Health and Wellness Brand Treat™ Launches At Phoenix Sky Harbor International Airport

XpresSpa Group, Inc. Announces the Addition of Five New Xpresspa Locations in Istanbul

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

XpresSpa Group, Inc. Announces Resignation of Douglas Satzman as President