California First Leasing Balance Sheet Health
Financial Health criteria checks 6/6
California First Leasing has a total shareholder equity of $223.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $233.3M and $9.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$29.95m |
Equity | US$223.35m |
Total liabilities | US$9.94m |
Total assets | US$233.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFNB's short term assets ($43.5M) exceed its short term liabilities ($638.0K).
Long Term Liabilities: CFNB's short term assets ($43.5M) exceed its long term liabilities ($9.3M).
Debt to Equity History and Analysis
Debt Level: CFNB is debt free.
Reducing Debt: CFNB has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
Debt Coverage: CFNB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CFNB has no debt, therefore coverage of interest payments is not a concern.