CKX Lands Balance Sheet Health
Financial Health criteria checks 6/6
CKX Lands has a total shareholder equity of $18.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $18.7M and $174.1K respectively. CKX Lands's EBIT is $410.7K making its interest coverage ratio -2. It has cash and short-term investments of $9.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -2x |
| Cash | US$9.19m |
| Equity | US$18.55m |
| Total liabilities | US$174.13k |
| Total assets | US$18.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CKX's short term assets ($9.5M) exceed its short term liabilities ($174.1K).
Long Term Liabilities: CKX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CKX is debt free.
Reducing Debt: CKX has not had any debt for past 5 years.
Debt Coverage: CKX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CKX has no debt, therefore coverage of interest payments is not a concern.