Xortx Therapeutics Stock Total Debt

XRTX Stock  USD 1.27  0.06  4.96%   
XORTX Therapeutics fundamentals help investors to digest information that contributes to XORTX Therapeutics' financial success or failures. It also enables traders to predict the movement of XORTX Stock. The fundamental analysis module provides a way to measure XORTX Therapeutics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to XORTX Therapeutics stock.
Total Debt To Capitalization is likely to drop to -0.3 in 2024.
  
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XORTX Therapeutics Company Total Debt Analysis

XORTX Therapeutics' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current XORTX Therapeutics Total Debt

    
  11.51 K  
Most of XORTX Therapeutics' fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, XORTX Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

XORTX Total Debt Driver Correlations

Understanding the fundamental principles of building solid financial models for XORTX Therapeutics is extremely important. It helps to project a fair market value of XORTX Stock properly, considering its historical fundamentals such as Total Debt. Since XORTX Therapeutics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of XORTX Therapeutics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of XORTX Therapeutics' interrelated accounts and indicators.
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Click cells to compare fundamentals

XORTX Total Debt Historical Pattern

Today, most investors in XORTX Therapeutics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various XORTX Therapeutics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of XORTX Therapeutics total debt as a starting point in their analysis.
   XORTX Therapeutics Total Debt   
       Timeline  
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

XORTX Net Debt

Net Debt

(3.61 Million)

XORTX Therapeutics reported Net Debt of (3.44 Million) in 2023
Based on the latest financial disclosure, XORTX Therapeutics has a Total Debt of 11.51 K. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The total debt for all United States stocks is 100.0% higher than that of the company.

XORTX Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XORTX Therapeutics' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of XORTX Therapeutics could also be used in its relative valuation, which is a method of valuing XORTX Therapeutics by comparing valuation metrics of similar companies.
XORTX Therapeutics is currently under evaluation in total debt category among its peers.

XORTX Therapeutics Current Valuation Drivers

We derive many important indicators used in calculating different scores of XORTX Therapeutics from analyzing XORTX Therapeutics' financial statements. These drivers represent accounts that assess XORTX Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of XORTX Therapeutics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap8.0M10.1M11.3M134.3M5.7M5.5M
Enterprise Value7.8M10.1M11.2M123.9M2.3M2.2M

XORTX Therapeutics Institutional Holders

Institutional Holdings refers to the ownership stake in XORTX Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of XORTX Therapeutics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing XORTX Therapeutics' value.
Shares
Royal Bank Of Canada2024-06-30
1.2 K
Advisor Group Holdings, Inc.2024-06-30
1.2 K
Hartland & Co2024-06-30
277
Jpmorgan Chase & Co2024-06-30
254
Bank Of Montreal2024-06-30
0.0
Bmo Capital Markets Corp.2024-06-30
0.0
Citadel Advisors Llc2024-09-30
0.0

XORTX Fundamentals

About XORTX Therapeutics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze XORTX Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XORTX Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XORTX Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for XORTX Stock Analysis

When running XORTX Therapeutics' price analysis, check to measure XORTX Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy XORTX Therapeutics is operating at the current time. Most of XORTX Therapeutics' value examination focuses on studying past and present price action to predict the probability of XORTX Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XORTX Therapeutics' price. Additionally, you may evaluate how the addition of XORTX Therapeutics to your portfolios can decrease your overall portfolio volatility.