Xwell financial statements

엑스웰NASDAQ:XWEL · Nasdaq · Leisure · sector #22
$0.9189+1.87%
2026-10-08 close · prelim

Xwell's published financial data is dated 2026-10-04. 2024 revenue was $34M. 2024 operating profit was −$17M.

Reported results

Financial safety

Reference indicatorAs of 2024
Distress zoneFinancial-metric reference signal
Altman Z'' zoneZ'' -63.66
Distress
Grey
Safe
The marker shows the current Z'' value within the displayed zones.
Altman Z''
-63.66
Beneish M-Score
-3.78

No statistical flag

Sloan accrual
-23.07%

부실·조작 위험을 나타내는 사실 지표입니다. 투자 조언이 아니며, 검증 전이라 참고용입니다.

Factual information, not investment advice.

Earnings quality · Piotroski F-Score

4/9Moderate

Piotroski measures year-over-year financial improvement, not absolute quality.

Financial improvement score4/9

Profitability

  • Positive ROANot passed
  • Positive OCFNot passed
  • Improving ΔROAPass
  • Accruals (OCF > net income)Pass

Leverage & liquidity

  • Lower debtNot passed
  • Higher current ratioNot passed
  • No new sharesNot passed

Efficiency

  • Higher gross marginPass
  • Higher asset turnoverPass

Calculation note: F7(신주)은 equity/asset 유지로 근사

Already-stable companies may score lower when year-over-year improvement is limited.

Factual information, not investment advice.

Forensic signals

Anomaly and structural signals observed in the financial statements.

Revenue qualityDanger

매출 흑자인데 영업CF 적자 (OCF/매출 -32%). 통계적 정황 신호이며 회계부정 단정이 아닙니다.

Balance sheetDanger

자본잠식 — 자본총계가 마이너스입니다. 부실 위험을 나타내는 사실 지표입니다.

Factual information, not investment advice.

Risk sensitivity — adverse assumptions

Metric changes under stated assumptions; not a forecast or investment advice.

Base metrics

Operating margin
-49.3%
Interest coverage
-114.4x
Return on equity (ROE)
—

Operating margin −5pp

Operating loss
Interest coverageBase -114.4x adverse case -126x
Return on equity (ROE)Base — adverse case —

Revenue −15%

Interest coverage risk
Interest coverageBase -114.4x adverse case -97.3x
Return on equity (ROE)Base — adverse case —

Interest rate +2pp

Interest coverage risk
Interest coverageBase -114.4x adverse case -25x
Return on equity (ROE)Base — adverse case —

Interest coverage limit

Already below the limit by 49.7pp

Interest coverage limit at an operating margin of 0.4%

Interest expense coverage threshold

Xwell notifications

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