Connexion Mobility Balance Sheet Health
Financial Health criteria checks 6/6
Connexion Mobility has a total shareholder equity of $5.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.0M and $1.5M respectively. Connexion Mobility's EBIT is $2.8M making its interest coverage ratio -55375.9. It has cash and short-term investments of $4.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -55375.9x |
Cash | US$4.30m |
Equity | US$5.53m |
Total liabilities | US$1.46m |
Total assets | US$6.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CXZ's short term assets ($6.9M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: CXZ's short term assets ($6.9M) exceed its long term liabilities ($23.7K).
Debt to Equity History and Analysis
Debt Level: CXZ is debt free.
Reducing Debt: CXZ has no debt compared to 5 years ago when its debt to equity ratio was 27.7%.
Debt Coverage: CXZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CXZ has no debt, therefore coverage of interest payments is not a concern.