Currency Exchange International Balance Sheet Health
Financial Health criteria checks 5/6
Currency Exchange International has a total shareholder equity of $83.1M and total debt of $5.1M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are $163.2M and $80.1M respectively. Currency Exchange International's EBIT is $18.0M making its interest coverage ratio 39.6. It has cash and short-term investments of $126.7M.
Key information
6.1%
Debt to equity ratio
US$5.07m
Debt
| Interest coverage ratio | 39.6x |
| Cash | US$126.73m |
| Equity | US$83.10m |
| Total liabilities | US$80.12m |
| Total assets | US$163.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8YN's short term assets ($147.5M) exceed its short term liabilities ($72.6M).
Long Term Liabilities: 8YN's short term assets ($147.5M) exceed its long term liabilities ($7.6M).
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 4.7% to 6.1% over the past 5 years.
Debt Coverage: 8YN's debt is well covered by operating cash flow (754.2%).
Interest Coverage: 8YN's interest payments on its debt are well covered by EBIT (39.6x coverage).