Xstate Resources Balance Sheet Health
Financial Health criteria checks 3/6
Xstate Resources has a total shareholder equity of A$1.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$35.0M and A$33.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$715.54k |
Equity | AU$1.63m |
Total liabilities | AU$33.38m |
Total assets | AU$35.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XSTL.F's short term assets (A$1.2M) do not cover its short term liabilities (A$2.8M).
Long Term Liabilities: XSTL.F's short term assets (A$1.2M) do not cover its long term liabilities (A$30.6M).
Debt to Equity History and Analysis
Debt Level: XSTL.F is debt free.
Reducing Debt: XSTL.F had no debt 5 years ago.
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: XSTL.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XSTL.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year