Xtant Medical Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Xtant Medical Holdings has a total shareholder equity of $45.7M and total debt of $34.8M, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are $98.9M and $53.2M respectively.
Key information
76.1%
Debt to equity ratio
US$34.78m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.60m |
| Equity | US$45.73m |
| Total liabilities | US$53.16m |
| Total assets | US$98.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: XTNT's short term assets ($71.4M) exceed its short term liabilities ($33.7M).
Long Term Liabilities: XTNT's short term assets ($71.4M) exceed its long term liabilities ($19.5M).
Debt to Equity History and Analysis
Debt Level: XTNT's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: XTNT 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: XTNT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XTNT has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 51.7% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:32 |
| End of Day Share Price | 2024/12/23 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Xtant Medical Holdings, Inc. is covered by 13 analysts. 2 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 |
|---|---|
| Jason Wittes | Aegis Capital Corporation |
| Jason Wittes | Brean Capital |
| Michael Gorman | BTIG |