X3 Holdings Balance Sheet Health
Financial Health criteria checks 3/6
X3 Holdings 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
Recent updates
Lacklustre Performance Is Driving X3 Holdings Co., Ltd.'s (NASDAQ:XTKG) 29% Price Drop
Oct 26
X3 Holdings Co Ltd.'s (NASDAQ:XTKG) Popularity With Investors Under Threat As Stock Sinks 26%
Aug 01X3 Holdings Co Ltd. (NASDAQ:XTKG) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Jun 16X3 Holdings Co Ltd.'s (NASDAQ:XTKG) Price Is Out Of Tune With Revenues
May 02Powerbridge Technologies regains compliance for Nasdaq minimum bid price requirement
Aug 01Financial 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: Insufficient data to determine if XTKG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if XTKG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.