Xtant Medical Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Xtant Medical Holdings has a total shareholder equity of $45.0M and total debt of $33.7M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are $95.6M and $50.6M respectively.
Key information
74.8%
Debt to equity ratio
US$33.67m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.38m |
| Equity | US$45.01m |
| Total liabilities | US$50.57m |
| Total assets | US$95.58m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: XTNT's short term assets ($69.0M) exceed its short term liabilities ($28.3M).
Long Term Liabilities: XTNT's short term assets ($69.0M) exceed its long term liabilities ($22.3M).
Debt to Equity History and Analysis
Debt Level: XTNT's net debt to equity ratio (62.9%) 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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: XTNT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 52.4% each year.