XS Financial Balance Sheet Health
Financial Health criteria checks 4/6
XS Financial has a total shareholder equity of $3.6M and total debt of $68.5M, which brings its debt-to-equity ratio to 1920.9%. Its total assets and total liabilities are $77.7M and $74.2M respectively. XS Financial's EBIT is $7.2M making its interest coverage ratio 1. It has cash and short-term investments of $85.6K.
Key information
1,920.9%
Debt to equity ratio
US$68.49m
Debt
Interest coverage ratio | 1x |
Cash | US$85.61k |
Equity | US$3.57m |
Total liabilities | US$74.17m |
Total assets | US$77.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XSHL.F's short term assets ($27.9M) do not cover its short term liabilities ($74.2M).
Long Term Liabilities: XSHL.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XSHL.F's net debt to equity ratio (1918.5%) is considered high.
Reducing Debt: XSHL.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 XSHL.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XSHL.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.9% per year.