OTCM
CRDE
Market cap233mUSD
Apr 22, Last price
16,007.00USD
Name
Cardinal Ethanol LLC
Chart & Performance
Profile
Cardinal Ethanol, LLC engages in production and sale of fuel-grade ethanol, distiller grains, corn oil, and raw carbon dioxide in the continental United States. The company's ethanol is used as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide emissions; and a non-petroleum-based gasoline substitute. It also offers distillers grains for applications as animal feed supplement for dairy, beef, poultry, and swine industries; corn oil that is used as a feed ingredient, feedstock to produce biodiesel, and for other industrial uses; and carbon dioxide gas. The company markets and distributes its products directly, as well as through third party brokers. It also exports its products. The company was formerly known as Indiana Ethanol, LLC and changed its name to Cardinal Ethanol, LLC in September 2005. Cardinal Ethanol, LLC was incorporated in 2005 and is based in Union City, Indiana.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑09 | 2022‑09 | 2021‑09 | 2020‑09 | 2019‑09 | 2018‑09 | 2017‑09 | 2016‑09 | 2015‑09 | |
Income | |||||||||
Revenues | 502,735 -9.07% | 552,884 37.33% | |||||||
Cost of revenue | 427,014 | 450,948 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 75,721 | 101,936 | |||||||
NOPBT Margin | 15.06% | 18.44% | |||||||
Operating Taxes | (4) | ||||||||
Tax Rate | |||||||||
NOPAT | 75,721 | 101,936 | |||||||
Net income | 69,819 -18.54% | 85,704 216.14% | |||||||
Dividends | (42,445) | (63,171) | |||||||
Dividend yield | 17.20% | 27.90% | |||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
Debt | |||||||||
Debt current | 3,748 | 3,594 | |||||||
Long-term debt | 32,878 | 12,218 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 2,358 | 5,254 | |||||||
Net debt | (52,674) | (49,084) | |||||||
Cash flow | |||||||||
Cash from operating activities | 83,408 | 103,979 | |||||||
CAPEX | (27,888) | (20,064) | |||||||
Cash from investing activities | (45,437) | (20,464) | |||||||
Cash from financing activities | (17,926) | (54,171) | |||||||
FCF | 56,755 | 97,887 | |||||||
Balance | |||||||||
Cash | 82,267 | 63,240 | |||||||
Long term investments | 7,033 | 1,656 | |||||||
Excess cash | 64,163 | 37,251 | |||||||
Stockholders' equity | 172,533 | 147,270 | |||||||
Invested Capital | 144,325 | 127,868 | |||||||
ROIC | 55.64% | 83.49% | |||||||
ROCE | 36.32% | 61.73% | |||||||
EV | |||||||||
Common stock shares outstanding | 15 | 15 | |||||||
Price | 16,900.00 9.03% | 15,500.00 | |||||||
Market cap | 246,841 9.03% | 226,393 | |||||||
EV | 194,168 | 177,309 | |||||||
EBITDA | 87,288 | 113,234 | |||||||
EV/EBITDA | 2.22 | 1.57 | |||||||
Interest | 37 | ||||||||
Interest/NOPBT | 0.04% |