Cardiff Lexington Balance Sheet Health
Financial Health criteria checks 3/6
Cardiff Lexington has a total shareholder equity of $6.6M and total debt of $6.2M, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are $20.7M and $14.1M respectively. Cardiff Lexington's EBIT is $5.2M making its interest coverage ratio 2.5. It has cash and short-term investments of $866.9K.
Key information
93.8%
Debt to equity ratio
US$6.21m
Debt
Interest coverage ratio | 2.5x |
Cash | US$866.94k |
Equity | US$6.62m |
Total liabilities | US$14.12m |
Total assets | US$20.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDIX's short term assets ($14.2M) exceed its short term liabilities ($13.9M).
Long Term Liabilities: CDIX's short term assets ($14.2M) exceed its long term liabilities ($263.7K).
Debt to Equity History and Analysis
Debt Level: CDIX's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: CDIX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CDIX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CDIX's interest payments on its debt are not well covered by EBIT (2.5x coverage).