Xaar Balance Sheet Health
Financial Health criteria checks 4/6
Xaar has a total shareholder equity of £71.8M and total debt of £379.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are £102.4M and £30.7M respectively. Xaar's EBIT is £1.9M making its interest coverage ratio 4.6. It has cash and short-term investments of £9.1M.
Key information
0.5%
Debt to equity ratio
UK£379.00k
Debt
Interest coverage ratio | 4.6x |
Cash | UK£9.06m |
Equity | UK£71.77m |
Total liabilities | UK£30.67m |
Total assets | UK£102.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XAAR.F's short term assets (£50.5M) exceed its short term liabilities (£20.5M).
Long Term Liabilities: XAAR.F's short term assets (£50.5M) exceed its long term liabilities (£10.2M).
Debt to Equity History and Analysis
Debt Level: XAAR.F has more cash than its total debt.
Reducing Debt: XAAR.F's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: XAAR.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: XAAR.F's interest payments on its debt are well covered by EBIT (4.6x coverage).