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 $295.5M and total debt of $54.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $365.9M and $70.4M respectively.
Key information
18.3%
Debt to equity ratio
US$54.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.76m |
| Equity | US$295.47m |
| Total liabilities | US$70.45m |
| Total assets | US$365.91m |
Recent financial health updates
Recent updates
Chicago Atlantic Real Estate Finance: 12% Dividend Yield As Cannabis Set For Reclassification
Jun 04Chicago 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 ($365.7M) exceed its short term liabilities ($14.9M).
Long Term Liabilities: REFI's short term assets ($365.7M) exceed its long term liabilities ($55.6M).
Debt to Equity History and Analysis
Debt Level: REFI's net debt to equity ratio (16%) 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 (68.2%).
Interest Coverage: Insufficient data to determine if REFI's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Chicago Atlantic Real Estate Finance, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Merrill Ross | Compass Point Research & Trading, LLC |
| Gaurav Mehta | D. Boral Capital LLC. |