Is XCF Global going out of business?

XCF Global, Inc. (SAFX) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

XCF Global, Inc. (SAFX) scores 14 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: Shares dilution YoY: 144.30% (YoY) - Heavy dilution suggests continuous equity raises; survival depends on external capital.

Five questions, kept separate

Survival - Critical

Under 1 mo of estimated runway from 2026-06-30, based on $329K of cash and short-term investments against $32.9M of annual burn. Adjusted shares outstanding increased 144.3% over the comparison year.

Business quality - Evidence incomplete

Reported TTM profit is contradicted by a unknown operating margin and unknown FCF margin; the profit is not backed by the operating business.

Trajectory - Evidence incomplete

Comparable evidence covers 0% of this trajectory model. No comparable revenue evidence.

Valuation - Extreme expectations

-23.6% normalized FCF yield supports an extreme expectations Valuation assessment on the annual basis.

Event risk - Critical event risk

Going-Concern Warning is the decisive filing event; one adverse event family is active. Favorable events are shown separately and do not offset adverse risk.

What the rules read

• Shares dilution YoY: 144.30% (YoY) - Heavy dilution suggests continuous equity raises; survival depends on external capital.
• Return on Assets: 17.58%
• ROIC: -11.40%
• Filing event risk: Going-Concern Warning (-8 pts)
• Debt / Equity: 10.23x
• Gross margin (industrial): 39.98%
• Operating leverage: 1800.7%
• Revenue growth YoY: -89.49% (Industrial YoY)
• ROE quality: 198.56%
• Asset Efficiency: 0.00x
• Debt Maturity Runway: 0% long-term (Near-term refinancing risk)
• Price / Earnings: 2.3x (see Valuation)

Read from filings through 2026-09-01.

Price as of 2026-09-11.