Crexendo Balance Sheet Health
Financial Health criteria checks 5/6
Crexendo has a total shareholder equity of $49.5M and total debt of $709.0K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $62.3M and $12.8M respectively. Crexendo's EBIT is $1.2M making its interest coverage ratio 37.4. It has cash and short-term investments of $15.5M.
Key information
1.4%
Debt to equity ratio
US$709.00k
Debt
| Interest coverage ratio | 37.4x |
| Cash | US$15.45m |
| Equity | US$49.47m |
| Total liabilities | US$12.78m |
| Total assets | US$62.25m |
Recent financial health updates
Is Crexendo (NASDAQ:CXDO) Using Too Much Debt?
Oct 27
Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?
May 09Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?
Nov 10Health Check: How Prudently Does Crexendo (NASDAQ:CXDO) Use Debt?
Jul 28Recent updates
Is Now An Opportune Moment To Examine Crexendo, Inc. (NASDAQ:CXDO)?
Nov 14Revenues Tell The Story For Crexendo, Inc. (NASDAQ:CXDO) As Its Stock Soars 25%
Oct 22Crexendo: Poised For Long-Term Growth Despite Short-Term Volatility
Sep 22Crexendo, Inc.'s (NASDAQ:CXDO) 30% Jump Shows Its Popularity With Investors
Aug 29When Should You Buy Crexendo, Inc. (NASDAQ:CXDO)?
Aug 12Crexendo, Inc.'s (NASDAQ:CXDO) P/S Is Still On The Mark Following 28% Share Price Bounce
Jul 15We Think That There Are Issues Underlying Crexendo's (NASDAQ:CXDO) Earnings
May 14Crexendo: Commendable Progress Under The New CEO, But Not A Great Buy Here
Apr 10Crexendo, Inc. (NASDAQ:CXDO) Shares Slammed 34% But Getting In Cheap Might Be Difficult Regardless
Mar 17Calculating The Intrinsic Value Of Crexendo, Inc. (NASDAQ:CXDO)
Mar 07What Does Crexendo, Inc.'s (NASDAQ:CXDO) Share Price Indicate?
Jan 30Is Crexendo (NASDAQ:CXDO) Using Too Much Debt?
Oct 27Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?
May 09Crexendo, Inc. (NASDAQ:CXDO) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.33
Mar 17Party Time: Brokers Just Made Major Increases To Their Crexendo, Inc. (NASDAQ:CXDO) Earnings Forecasts
Nov 13Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?
Nov 10An Intrinsic Calculation For Crexendo, Inc. (NASDAQ:CXDO) Suggests It's 50% Undervalued
Oct 15Crexendo declares $0.005 dividend
Aug 12Health Check: How Prudently Does Crexendo (NASDAQ:CXDO) Use Debt?
Jul 28When Should You Buy Crexendo, Inc. (NASDAQ:CXDO)?
Jun 11A Look At The Fair Value Of Crexendo, Inc. (NASDAQ:CXDO)
Mar 29Financial Position Analysis
Short Term Liabilities: CXDO's short term assets ($23.9M) exceed its short term liabilities ($11.2M).
Long Term Liabilities: CXDO's short term assets ($23.9M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: CXDO has more cash than its total debt.
Reducing Debt: CXDO's debt to equity ratio has increased from 0.1% to 1.4% over the past 5 years.
Debt Coverage: CXDO's debt is well covered by operating cash flow (947.7%).
Interest Coverage: CXDO's interest payments on its debt are well covered by EBIT (37.4x coverage).