XBiotech Balance Sheet Health
Financial Health criteria checks 3/6
XBiotech has a total shareholder equity of $192.1M and total debt of $10.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are $209.9M and $17.7M respectively.
Key information
5.2%
Debt to equity ratio
US$10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$183.12m |
| Equity | US$192.12m |
| Total liabilities | US$17.74m |
| Total assets | US$209.85m |
Recent financial health updates
Is XBiotech (NASDAQ:XBIT) Weighed On By Its Debt Load?
Aug 30
Is XBiotech (NASDAQ:XBIT) Using Debt In A Risky Way?
May 13We're Not Very Worried About XBiotech's (NASDAQ:XBIT) Cash Burn Rate
Feb 09We're Hopeful That XBiotech (NASDAQ:XBIT) Will Use Its Cash Wisely
Oct 25XBiotech (NASDAQ:XBIT) Is In A Good Position To Deliver On Growth Plans
May 11Recent updates
Is XBiotech (NASDAQ:XBIT) Weighed On By Its Debt Load?
Aug 30XBiotech: Several Shots On Goal In Big Target Market Indications
May 24Is XBiotech (NASDAQ:XBIT) Using Debt In A Risky Way?
May 13We're Not Very Worried About XBiotech's (NASDAQ:XBIT) Cash Burn Rate
Feb 09We're Hopeful That XBiotech (NASDAQ:XBIT) Will Use Its Cash Wisely
Oct 25We Think Some Shareholders May Hesitate To Increase XBiotech Inc.'s (NASDAQ:XBIT) CEO Compensation
Jun 16XBiotech (NASDAQ:XBIT) Is In A Good Position To Deliver On Growth Plans
May 11Read This Before Buying XBiotech Inc. (NASDAQ:XBIT) Shares
Mar 18Here's Why We Don't Think XBiotech's (NASDAQ:XBIT) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 08XBiotech's influenza-COVID-19 therapeutic cocktail shows effective anti-virus activity
Nov 19Financial Position Analysis
Short Term Liabilities: XBIT's short term assets ($185.0M) exceed its short term liabilities ($16.0M).
Long Term Liabilities: XBIT's short term assets ($185.0M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: XBIT has more cash than its total debt.
Reducing Debt: XBIT's debt to equity ratio has increased from 0% to 5.2% over the past 5 years.
Debt Coverage: XBIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if XBIT's interest payments on its debt are well covered by EBIT.