Currency Exchange International Balance Sheet Health
Financial Health criteria checks 6/6
Currency Exchange International has a total shareholder equity of $80.5M and total debt of $3.7M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are $133.8M and $53.3M respectively. Currency Exchange International's EBIT is $16.7M making its interest coverage ratio 25.2. It has cash and short-term investments of $105.8M.
Key information
4.6%
Debt to equity ratio
US$3.73m
Debt
| Interest coverage ratio | 25.2x |
| Cash | US$105.82m |
| Equity | US$80.52m |
| Total liabilities | US$53.26m |
| Total assets | US$133.78m |
Recent financial health updates
No updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Currency Exchange International (TSE:CXI) Passed With Ease
Sep 21
Currency Exchange International, Corp.'s (TSE:CXI) Sole Analyst Just Made A Sizeable Upgrade To Their Forecasts
Jun 19We Think Currency Exchange International, Corp.'s (TSE:CXI) CEO Compensation Package Needs To Be Put Under A Microscope
Mar 11Reflecting on Currency Exchange International's (TSE:CXI) Share Price Returns Over The Last Three Years
Dec 19
Financial Position Analysis
Short Term Liabilities: CXI's short term assets ($121.6M) exceed its short term liabilities ($49.6M).
Long Term Liabilities: CXI's short term assets ($121.6M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: CXI has more cash than its total debt.
Reducing Debt: CXI's debt to equity ratio has reduced from 13.5% to 4.6% over the past 5 years.
Debt Coverage: CXI's debt is well covered by operating cash flow (866.5%).
Interest Coverage: CXI's interest payments on its debt are well covered by EBIT (25.2x coverage).