CKX Lands Balance Sheet Health
Financial Health criteria checks 6/6
CKX Lands has a total shareholder equity of $18.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $18.4M and $368.4K respectively. CKX Lands's EBIT is $28.0K making its interest coverage ratio -0.2. It has cash and short-term investments of $8.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.2x |
| Cash | US$8.75m |
| Equity | US$18.02m |
| Total liabilities | US$368.39k |
| Total assets | US$18.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CKX's short term assets ($9.0M) exceed its short term liabilities ($368.4K).
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.