Investment Thesis
XTGRF demonstrates fundamental operational failure with no reported revenue, cumulative net losses of -$22.1M, and negative operating cash flow of -$20.8M. The company is burning cash at an unsustainable rate with only $1.4M in cash reserves. Most critically, SEC filing data is stale (Sept 2012), suggesting potential inactive status or shell company dynamics.
Strengths
- Minimal debt burden with Debt/Equity ratio of 0.00x
- Low absolute liabilities of $429.7K relative to total assets
- High current ratio of 11.16x indicating liquid current assets
Risks
- No revenue generation reported; company appears operationally inactive
- Severe cash burn rate of -$22.7M in free cash flow unsustainable with only $1.4M cash on hand
- Extremely negative returns: ROE of -484.5% and ROA of -442.8% indicate catastrophic capital destruction
- Critical data quality issue: SEC filings are 14 years stale (Sept 2012); likely abandoned or dormant entity
- Operating losses of -$34.9M with no apparent business activity or revenue recovery path
Key Metrics to Watch
- Updated SEC filing status and current filing dates to confirm operational status
- Revenue generation and return to profitability
- Cash runway duration at current burn rate and liquidity preservation
Financial Metrics
Revenue
N/A
Net Income
-22.1M
EPS (Diluted)
$-0.10
Free Cash Flow
-22.7M
Total Assets
5.0M
Cash
1.4M
Profitability Ratios
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
ROE
-484.5%
ROA
-442.8%
FCF Margin
N/A
Balance Sheet & Liquidity
Current Ratio
11.16x
Quick Ratio
11.16x
Debt/Equity
0.00x
Debt/Assets
8.6%
Interest Coverage
-142.70x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-04-19T16:06:19.433266 |
Data as of: 2012-09-30 |
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