Crexendo Balance Sheet Health

Financial Health criteria checks 5/6

Crexendo has a total shareholder equity of $46.8M and total debt of $937.0K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are $57.5M and $10.7M respectively. Crexendo's EBIT is $367.0K making its interest coverage ratio 4.4. It has cash and short-term investments of $11.0M.

Key information

2.0%

Debt to equity ratio

US$937.00k

Debt

Interest coverage ratio4.4x
CashUS$11.04m
EquityUS$46.77m
Total liabilitiesUS$10.70m
Total assetsUS$57.47m

Recent financial health updates

Recent updates

We Think That There Are Issues Underlying Crexendo's (NASDAQ:CXDO) Earnings

May 14
We Think That There Are Issues Underlying Crexendo's (NASDAQ:CXDO) Earnings

Crexendo: Commendable Progress Under The New CEO, But Not A Great Buy Here

Apr 10

Crexendo, Inc. (NASDAQ:CXDO) Shares Slammed 34% But Getting In Cheap Might Be Difficult Regardless

Mar 17
Crexendo, Inc. (NASDAQ:CXDO) Shares Slammed 34% But Getting In Cheap Might Be Difficult Regardless

Calculating The Intrinsic Value Of Crexendo, Inc. (NASDAQ:CXDO)

Mar 07
Calculating The Intrinsic Value Of Crexendo, Inc. (NASDAQ:CXDO)

What Does Crexendo, Inc.'s (NASDAQ:CXDO) Share Price Indicate?

Jan 30
What Does Crexendo, Inc.'s (NASDAQ:CXDO) Share Price Indicate?

Is Crexendo (NASDAQ:CXDO) Using Too Much Debt?

Oct 27
Is Crexendo (NASDAQ:CXDO) Using Too Much Debt?

Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?

May 09
Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?

Crexendo, Inc. (NASDAQ:CXDO) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.33

Mar 17
Crexendo, Inc. (NASDAQ:CXDO) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.33

Party Time: Brokers Just Made Major Increases To Their Crexendo, Inc. (NASDAQ:CXDO) Earnings Forecasts

Nov 13
Party Time: Brokers Just Made Major Increases To Their Crexendo, Inc. (NASDAQ:CXDO) Earnings Forecasts

Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?

Nov 10
Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?

An Intrinsic Calculation For Crexendo, Inc. (NASDAQ:CXDO) Suggests It's 50% Undervalued

Oct 15
An Intrinsic Calculation For Crexendo, Inc. (NASDAQ:CXDO) Suggests It's 50% Undervalued

Crexendo declares $0.005 dividend

Aug 12

Health Check: How Prudently Does Crexendo (NASDAQ:CXDO) Use Debt?

Jul 28
Health Check: How Prudently Does Crexendo (NASDAQ:CXDO) Use Debt?

When Should You Buy Crexendo, Inc. (NASDAQ:CXDO)?

Jun 11
When Should You Buy Crexendo, Inc. (NASDAQ:CXDO)?

A Look At The Fair Value Of Crexendo, Inc. (NASDAQ:CXDO)

Mar 29
A Look At The Fair Value Of Crexendo, Inc. (NASDAQ:CXDO)

Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?

Jan 28
Does Crexendo (NASDAQ:CXDO) Have A Healthy Balance Sheet?

Should You Think About Buying Crexendo, Inc. (NASDAQ:CXDO) Now?

Dec 17
Should You Think About Buying Crexendo, Inc. (NASDAQ:CXDO) Now?

Do Crexendo's (NASDAQ:CXDO) Earnings Warrant Your Attention?

Nov 09
Do Crexendo's (NASDAQ:CXDO) Earnings Warrant Your Attention?

Crexendo And Digerati: Ride The Cloud To Growth With These Undiscovered UCaaS Stocks

Oct 24

News Flash: Analysts Just Made A Sizeable Upgrade To Their Crexendo, Inc. (NASDAQ:CXDO) Forecasts

Aug 12
News Flash: Analysts Just Made A Sizeable Upgrade To Their Crexendo, Inc. (NASDAQ:CXDO) Forecasts

With EPS Growth And More, Crexendo (NASDAQ:CXDO) Is Interesting

Jun 14
With EPS Growth And More, Crexendo (NASDAQ:CXDO) Is Interesting

Is It Too Late To Consider Buying Crexendo, Inc. (NASDAQ:CXDO)?

May 27
Is It Too Late To Consider Buying Crexendo, Inc. (NASDAQ:CXDO)?

Crexendo, Inc.'s (NASDAQ:CXDO) Intrinsic Value Is Potentially 66% Above Its Share Price

May 14
Crexendo, Inc.'s (NASDAQ:CXDO) Intrinsic Value Is Potentially 66% Above Its Share Price

Is Crexendo (NASDAQ:CXDO) Using Too Much Debt?

Mar 14
Is Crexendo (NASDAQ:CXDO) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: CXDO's short term assets ($19.0M) exceed its short term liabilities ($9.6M).

Long Term Liabilities: CXDO's short term assets ($19.0M) exceed its long term liabilities ($1.1M).


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 0.7% to 2% over the past 5 years.

Debt Coverage: CXDO's debt is well covered by operating cash flow (521.6%).

Interest Coverage: CXDO's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


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