TEN Holdings, Inc. (XHLD) Key Metrics
XHLD valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.0M
- Enterprise value
- $139.1M
- P/E (TTM)
- —
- Forward P/E
- 3.2
- PEG ratio
- —
- Price / sales
- 2.1
- Price / book
- 22.6
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- —
XHLD key metrics, 2022–2025
Fiscal year ended December 31, 2025 · U.S. dollarsXHLD returns How much profit the business earns on the capital it uses.
XHLD financial health Debt, liquidity and how easily interest is covered.
XHLD efficiency & capital use Working capital cycle and where the cash goes.
XHLD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
XHLD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
XHLD key metrics
2022–2025| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Valuation | ||||
| Share price at fiscal year-end | $1.18 | — | — | — |
| Returns & profitability | ||||
| Return on equity (ROE) | — | — | −89.1% | −279.8% |
| Return on invested capital (ROIC) | −173.0% | −57.0% | −39.9% | −2.4% |
| Return on assets (ROA) | −212.2% | −53.0% | −37.6% | −181.7% |
| Return on tangible assets | −163.0% | −117.0% | −96.7% | −341.6% |
| Free cash flow margin | −351.6% | −100.5% | −36.0% | −20.9% |
| Financial health | ||||
| Total debt | $5.1M | $6.2M | $2.3M | $693,000 |
| Cash & short-term investments | $1.6M | $48,000 | $357,000 | $7,000 |
| Net debt | $3.4M | $6.1M | $2.0M | $686,000 |
| Debt / equity | 1.19 | — | 2.21 | 0.25 |
| Debt / assets | 0.42 | 0.96 | 0.49 | 0.16 |
| Current ratio | 1.43 | 0.24 | 0.29 | 1.56 |
| Quick ratio | 1.43 | 0.24 | 0.29 | 1.56 |
| Interest coverage | -47.3 | -13.0 | -31.3 | — |
| Working capital | $3.2M | −$5.7M | −$2.2M | $471,000 |
| Invested capital | $7.7M | $4.5M | $3.0M | $3.4M |
| Tangible asset value | $4.3M | −$5.5M | −$2.0M | $764,000 |
| Net current asset value | $2.7M | −$6.2M | −$2.8M | −$166,000 |
| Capital allocation | ||||
| Capex / revenue | 27.4% | 29.6% | 28.9% | 22.6% |
| Capex / operating cash flow | — | — | — | 1,309.6% |
| Capex / depreciation | 1.44 | 5.46 | 21.08 | 24.16 |
| Stock-based compensation / revenue | 156.5% | 0.0% | — | — |
| R&D / revenue | 32.2% | — | — | — |
| SG&A / revenue | 464.7% | 153.8% | 127.5% | 85.9% |
| Efficiency | ||||
| Days sales outstanding | 67.6 | 50.3 | 81.7 | 92.2 |
| Days payables outstanding | 252.7 | 357.7 | 347.6 | 204.8 |
| Cash conversion cycle (days) | -185.1 | -307.5 | -265.9 | -112.6 |
| Receivables turnover | 5.40 | 7.26 | 4.47 | 3.96 |
| Payables turnover | 1.44 | 1.02 | 1.05 | 1.78 |
| Asset turnover | 0.34 | 0.63 | 0.83 | 1.14 |
| Average receivables | $575,000 | $482,500 | $832,000 | $1.2M |
| Average payables | $459,000 | $639,000 | $528,500 | $413,000 |
| Intangibles / total assets | 0.0% | 60.5% | 63.4% | 46.8% |
Computed from XHLD's annual financial statements (latest annual report filed March 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
XHLD valuation and financial ratios
TEN earned a return on invested capital of −173.0% in fiscal 2025. It ended the year with $5.1 million of debt and $1.6 million in cash and short-term investments, net debt of $3.4 million.
See the XHLD income statement, the XHLD chart for price history, or the XHLD stock overview for the latest quote and news.
XHLD key metrics FAQ
What is TEN's ROIC?
TEN's return on invested capital was −173.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does TEN have?
TEN had total debt of $5.1 million at the end of fiscal 2025, a debt-to-equity ratio of 1.19.
What is TEN's current ratio?
TEN's current ratio was 1.43 at the end of fiscal 2025: current assets were 1.43 times current liabilities.