X3 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
X3 Holdings has a total shareholder equity of $136.1M and total debt of $8.9M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are $171.3M and $35.2M respectively.
Key information
6.5%
Debt to equity ratio
US$8.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.47m |
| Equity | US$136.10m |
| Total liabilities | US$35.16m |
| Total assets | US$171.26m |
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 ($43.2M) exceed its short term liabilities ($33.0M).
Long Term Liabilities: XTKG's short term assets ($43.2M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: XTKG's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: XTKG's debt to equity ratio has reduced from 20.1% to 6.5% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XTKG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:00 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| 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 |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
X3 Holdings Co., Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Mark Schappel | Benchmark Company |
| Nehal Chokshi | Maxim Group |