Chicago Atlantic Real Estate Finance Balance Sheet Health
Financial Health criteria checks 4/6
Chicago Atlantic Real Estate Finance has a total shareholder equity of $271.9M and total debt of $66.0M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $359.2M and $87.4M respectively.
Key information
24.3%
Debt to equity ratio
US$66.00m
Debt
Interest coverage ratio | n/a |
Cash | US$7.90m |
Equity | US$271.85m |
Total liabilities | US$87.37m |
Total assets | US$359.23m |
Recent financial health updates
Recent updates
Chicago Atlantic Real Estate Finance: Worth Adding At A Lower Price
Feb 28Chicago Atlantic Real Estate Finance declares $0.47 dividend
Sep 14Chicago Atlantic Real Estate Finance: A New Cannabis Lender With A 12.2% Yield
Aug 28Chicago Atlantic Real Estate Finance Non-GAAP EPS of $0.50, Net Interest Income of $11.4M misses by $0.03M
Aug 09Chicago Atlantic Real Estate Finance: Cannabis Lender Stuck Between A Rock And A Hard Place
May 27Financial Position Analysis
Short Term Liabilities: REFI's short term assets ($358.0M) exceed its short term liabilities ($19.3M).
Long Term Liabilities: REFI's short term assets ($358.0M) exceed its long term liabilities ($68.1M).
Debt to Equity History and Analysis
Debt Level: REFI's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if REFI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REFI's debt is well covered by operating cash flow (43.1%).
Interest Coverage: Insufficient data to determine if REFI's interest payments on its debt are well covered by EBIT.