exactEarth Ltd. XCT.TO TSX

exactEarth Ltd. (XCT.TO) reported total assets of $19.28M and total liabilities of $12M for quarter ending 2021-07-31, resulting in total equity of $7.28M.

The company held $7.04M in cash and short-term investments. Total debt stood at $1.75M, with net debt of $-5.29M. The Debt-to-Equity (D/E) ratio was 0.24 (conservative).

Current ratio is 1.58, indicating strong short-term liquidity. Interest coverage is -5.9x (weak).

Criteria supported by this page:

• HEALTH (25/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (43/100) — Total assets $19.28M and equity $7.28M support the company's competitive scale

Overall SharesGrow Score: 32/100 with 1/7 criteria passed.