Connexion Mobility Balance Sheet Health
Financial Health criteria checks 6/6
Connexion Mobility has a total shareholder equity of $6.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.0M and $1.8M respectively. Connexion Mobility's EBIT is $2.2M making its interest coverage ratio -342.2. It has cash and short-term investments of $5.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -342.2x |
| Cash | US$5.00m |
| Equity | US$6.28m |
| Total liabilities | US$1.77m |
| Total assets | US$8.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CXZ's short term assets ($7.9M) exceed its short term liabilities ($1.7M).
Long Term Liabilities: CXZ's short term assets ($7.9M) exceed its long term liabilities ($33.9K).
Debt to Equity History and Analysis
Debt Level: CXZ is debt free.
Reducing Debt: CXZ had no debt 5 years ago.
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.