Currency Exchange International Balance Sheet Health
Financial Health criteria checks 5/6
Currency Exchange International has a total shareholder equity of $79.9M and total debt of $5.1M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are $159.9M and $80.0M respectively. Currency Exchange International's EBIT is $15.9M making its interest coverage ratio 28.2. It has cash and short-term investments of $115.5M.
Key information
6.4%
Debt to equity ratio
US$5.09m
Debt
Interest coverage ratio | 28.2x |
Cash | US$115.51m |
Equity | US$79.94m |
Total liabilities | US$79.97m |
Total assets | US$159.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8YN's short term assets ($149.0M) exceed its short term liabilities ($76.3M).
Long Term Liabilities: 8YN's short term assets ($149.0M) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: 8YN has more cash than its total debt.
Reducing Debt: 8YN's debt to equity ratio has increased from 4.1% to 6.4% over the past 5 years.
Debt Coverage: 8YN's debt is well covered by operating cash flow (582.2%).
Interest Coverage: 8YN's interest payments on its debt are well covered by EBIT (28.2x coverage).