X3 Holdings Co Balance Sheet Health
Financial Health criteria checks 5/6
X3 Holdings Co has a total shareholder equity of $144.0M and total debt of $9.5M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are $176.0M and $31.9M respectively.
Key information
6.6%
Debt to equity ratio
US$9.52m
Debt
Interest coverage ratio | n/a |
Cash | US$2.99m |
Equity | US$144.02m |
Total liabilities | US$31.94m |
Total assets | US$175.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: XTKG's short term assets ($31.1M) do not cover its short term liabilities ($31.8M).
Long Term Liabilities: XTKG's short term assets ($31.1M) exceed its long term liabilities ($110.0K).
Debt to Equity History and Analysis
Debt Level: XTKG's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: XTKG's debt to equity ratio has reduced from 23.8% to 6.6% over the past 5 years.
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: XTKG has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: XTKG is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.