Cardinal Ethanol, LLC / Fundamentals

    Income statement

    Net revenue
    €294.23M
    Cost of goods sold
    €251.50M
    Gross profit
    €42.73M
    SG&A expenses
    €9.84M
    R&D expenses
    €0.00
    EBITDA
    €38.08M
    D&A
    €9.41M
    EBIT
    €29.86M
    Interest expenses
    €2.02M
    EBT
    €27.91M
    Tax expenses
    -€5.97
    Net income
    €27.91M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€3.36M
    Changes in working capital
    -€9.57M
    Operating cash flow
    €24.39M
    Capex
    €14.72M
    Other investing cash flow
    -€36.23M
    Net investing cash flow
    -€40.50M
    Total cash dividends paid
    -€15.45M
    Issuance of common stock
    €0.00
    Debt repayment
    €26.98M
    Other financing cash flow
    -€239.10K
    Net financing cash flow
    €11.29M
    Foreign exchange effects
    €0.00
    Net change in cash
    -€4.82M
    Cash at end of period
    €38.64M
    Free cash flow
    €39.11M

    Balance sheet

    Cash and cash equivalents
    €29.28M
    Cash and short-term investments
    €38.64M
    Total receivables
    €16.39M
    Inventory
    €34.60M
    Other current assets
    €3.29M
    Total current assets
    €92.92M
    Property, plant & equipment
    €123.74M
    Goodwill
    €0.00
    Intangible assets
    €0.00
    Long-term investments
    €10.43M
    Other non-current assets
    €0.00
    Total non-current assets
    €134.18M
    Total assets
    €227.10M
    Accounts payable
    €14.81M
    Short-term debt
    €6.53M
    Other current liabilities
    €7.71M
    Total current liabilities
    €29.32M
    Long-term debt
    €50.88M
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €2.14M
    Total non-current liabilities
    €53.03M
    Total liabilities
    €82.35M
    Common stock
    €60.48M
    Retained earnings
    €84.27M
    Other equity
    €0.00
    Total equity
    €144.75M
    Total liabilities and shareholders' equity
    €227.10M

    Company information

    Market capitalization
    €236.71M
    Employees
    72
    Enterprise Value
    €310.51M

    Company ratios

    Gross margin
    14.5% Better than peer group: 9.2%
    EBITDA margin
    12.9% Better than peer group: 6.1%
    EBIT margin
    10.1% Better than peer group: 4.1%
    EBT margin
    9.5% Better than peer group: 3.5%
    Net margin
    9.5% Better than peer group: 2.0%
    ROE
    19.3% Even with peer group: 16.7%
    ROA
    12.3% Better than peer group: 5.1%
    Asset turnover
    129.6% Much worse than peer group: 224.0%
    FCF margin
    3.3% Even with peer group: 1.9%
    FCF yield
    4.1%
    Efficiency ratio
    87.1%
    Net sales per employee
    €4.09M
    Net income per employee
    €387.69K

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