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Cardiff Lexington (Cardiff Lexington) Liabilities-to-Assets : 0.93 (As of Mar. 2024)


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What is Cardiff Lexington Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Cardiff Lexington's Total Liabilities for the quarter that ended in Mar. 2024 was $21.08 Mil. Cardiff Lexington's Total Assets for the quarter that ended in Mar. 2024 was $22.61 Mil. Therefore, Cardiff Lexington's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.93.


Cardiff Lexington Liabilities-to-Assets Historical Data

The historical data trend for Cardiff Lexington's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cardiff Lexington Liabilities-to-Assets Chart

Cardiff Lexington Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 2.80 0.95 1.11 0.68

Cardiff Lexington Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.06 0.95 0.68 0.93

Competitive Comparison of Cardiff Lexington's Liabilities-to-Assets

For the Asset Management subindustry, Cardiff Lexington's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cardiff Lexington's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardiff Lexington's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Cardiff Lexington's Liabilities-to-Assets falls into.



Cardiff Lexington Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Cardiff Lexington's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=14.124/20.746
=0.68

Cardiff Lexington's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=21.078/22.605
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cardiff Lexington  (OTCPK:CDIX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Cardiff Lexington Liabilities-to-Assets Related Terms

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Cardiff Lexington (Cardiff Lexington) Business Description

Traded in Other Exchanges
N/A
Address
401 East Las Olas boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33301
Cardiff Lexington Corp is a small-cap Holding company. Through its subsidiaries, it operates in given segments: Affordable Housing, Tax Resolution Services, Real Estate, and Healthcare. The Affordable Housing segment leases and sells mobile homes as an option for a homeowner wishing to avoid large down payments, expensive maintenance costs, large monthly mortgage payments, and high property taxes and insurance. The Tax segment provides tax resolution services to individuals and companies that have federal and state tax liabilities. The Real estate segment consists of 30 prime acres of land; 23.5 acres zoned MDR and the Healthcare segment is a group of doctors that provide a full range of diagnostic and surgical services.
Executives
David Lawrence Mccarthy 10 percent owner 21 JEAN COURT, GREENLAWN NY 11740
Jason A Levy 10 percent owner 1301 S. 101 ST., #105, OMAHA NE 68124
Kathleen Roberton director, 10 percent owner, officer: Chief Executive Officer C/O CARDIFF INTERNATIONAL, INC., 411 N NEW RIVER DRIVE E, UNIT 2202, FT. LAUDERDALE FL 33301
Jarrett B Posner 10 percent owner 280 PARK AVENUE, NEW YORK NY 10017
Steven Posner Irrevocable Trust 10 percent owner 10800 BISCAYNE BLVD., SUITE 350, MIAMI FL 33161
Sean Posner 10 percent owner 10800 BISCAYNE BOULEVARD, SUITE 350, MIAMI FL 33161
Estate Of Steven N. Posner 10 percent owner 10800 BISCAYNE BOULEVARD, SUITE 350, MIAMI FL 33161
Joseph Dileonardo officer: President 157 HALE STREET, ELMHURST IL 60126
Daniel Thompson director, 10 percent owner, officer: President/CEO 5717 TANNER RIDGE AVENUE, WESTLAKE VILLAGE CA 91362
Gary Teel director, 10 percent owner, officer: chairman 210 SAN YSIDRO ROAD, SANTA BARBARA CA 93108
Robert Fallon officer: Chief Marketing Officer 98 BOW STREET, DUXBURY MA 02332