California First Leasing Corp - Understand $cfnb stock

$CFNB Market Cap: $186.4 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$18.88M

TTM

Gross Margin

Net Earnings

$14.74M

TTM

Current Assets

$17.61M

Q4 2023

Current Liabilities

$717.0K

Q4 2023

Current Ratio

2456.07%

Q4 2023

Total Assets

$233.3M

Q4 2023

Total Liabilities

$9.935M

Q4 2023

Book Value

$223.3M

Q4 2023

Cash

$17.61M

Q4 2023

P/E

12.65

Sep 13, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Revenue	$20.98M	-$17.22M					$29.25M	$27.70M	$23.01M	$19.74M
YoY Change	-221.84%						5.58%	20.41%	16.53%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2017	2016	2015	2014
Revenue	$20.98M	-$17.22M	$29.25M	$27.70M	$23.01M	$19.74M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2014	2007	2006	2005	2004	2003	2002	2001	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Selling, General & Admin	$2.786M	$3.034M
YoY Change	-8.17%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$48.00K	$74.00K	$100.0K	$500.0K	$400.0K	$100.0K	$600.0K	$800.0K	$800.0K	$700.0K	$200.0K	$100.0K	$0.00	$100.0K	$0.00	$100.0K	$300.0K	$100.0K	$100.0K	$0.00	$100.0K	$200.0K	$200.0K	$500.0K
YoY Change	-35.14%	-26.0%	-80.0%	25.0%			-25.0%	0.0%	14.29%	250.0%	100.0%				-100.0%	-66.67%	200.0%	0.0%		-100.0%	-50.0%	0.0%	-60.0%
% of Gross Profit
Operating Expenses	$552.0K	$1.868M
YoY Change	-70.45%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Pretax Income	$21.93M	-$18.79M	$47.12M	-$290.0K	$9.370M	$16.03M	$18.72M	$14.07M	$14.82M	$11.07M	$11.69M	$14.28M	$16.94M	$18.02M	$14.88M	$11.17M	$16.01M	$17.51M	$13.48M	$15.22M	$17.45M	$24.07M	$25.78M	$32.54M	$32.08M	$31.77M	$26.02M	$21.48M	$19.09M	$17.35M	$15.42M	$14.49M	$12.12M	$9.180M	$7.900M	$13.23M	$9.510M	$6.180M
YoY Change	-216.73%	-139.87%	-16348.28%	-103.09%	-41.55%	-14.39%	33.1%	-5.04%	33.79%	-5.28%	-18.14%	-15.7%	-5.99%	21.1%	33.21%	-30.23%	-8.57%	29.9%	-11.43%	-12.78%	-27.5%	-6.63%	-20.77%	1.43%	0.98%	22.1%	21.14%	12.52%	10.03%	12.52%	6.42%	19.55%	32.03%	16.2%	-40.29%	39.12%	53.88%	42.73%
Income Tax	$5.068M	-$6.126M	$10.89M	$2.070M	$2.550M	$5.560M	$7.601M	$5.420M	$5.760M	$4.022M	$4.330M	$5.370M	$6.030M	$6.890M	$5.580M	$4.190M	$6.130M	$6.780M	$5.060M	$5.860M	$6.720M	$9.270M	$9.920M	$12.53M	$12.35M	$12.55M	$10.28M	$8.480M	$7.540M	$6.330M	$5.630M	$5.380M	$4.680M	$3.540M	$2.690M	$4.700M	$4.640M	$1.950M
% Of Pretax Income	23.11%		23.11%		27.21%	34.68%	40.59%	38.53%	38.88%	36.32%	37.04%	37.61%	35.6%	38.24%	37.5%	37.51%	38.29%	38.72%	37.54%	38.5%	38.51%	38.51%	38.48%	38.51%	38.5%	39.5%	39.51%	39.48%	39.5%	36.48%	36.51%	37.13%	38.61%	38.56%	34.05%	35.53%	48.79%	31.55%
Net Earnings	$16.86M	-$12.66M	$36.23M	-$2.360M	$7.330M	$12.51M	$11.12M	$8.648M	$9.055M	$7.051M	$7.350M	$8.900M	$10.91M	$11.13M	$9.300M	$6.980M	$9.890M	$10.72M	$8.430M	$9.360M	$10.73M	$14.80M	$15.85M	$20.01M	$19.73M	$19.22M	$15.74M	$13.00M	$11.55M	$11.02M	$9.790M	$9.110M	$7.440M	$5.640M	$5.210M	$9.890M	$4.870M	$4.230M
YoY Change	-233.18%	-134.95%	-1635.17%	-132.2%	-41.41%	12.47%	28.62%	-4.49%	28.42%	-4.07%	-17.42%	-18.42%	-1.98%	19.68%	33.24%	-29.42%	-7.74%	27.16%	-9.94%	-12.77%	-27.5%	-6.62%	-20.79%	1.42%	2.65%	22.11%	21.08%	12.55%	4.81%	12.56%	7.46%	22.45%	31.91%	8.25%	-47.32%	103.08%	15.13%	39.6%
Net Earnings / Revenue	80.38%						38.03%	31.22%	39.36%	35.72%
Basic Earnings Per Share							$1.08	$0.83	$0.87	$0.67
Diluted Earnings Per Share	$1.69	-$1.231M	$3.524M	-$229.6K	$713.0K	$1.217M	$1.08	$0.83	$0.87	$0.67	$703.3K	$853.3K	$1.049M	$1.081M	$894.2K	$606.4K	$857.8K	$935.4K	$743.4K	$836.5K	$956.3K	$1.294M	$1.388M	$1.676M	$1.604M	$1.554M	$1.309M	$1.093M	$963.3K	$913.8K	$839.6K	$783.3K	$627.8K	$462.7K	$404.5K	$757.3K	$449.3K	$414.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Cash & Short-Term Investments	$13.32M	$53.81M
YoY Change	-75.25%
Cash & Equivalents	$13.32M	$53.81M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$13.32M	$53.81M
YoY Change	-75.25%
Property, Plant & Equipment	$553.0K	$514.0K	$0.00	$900.0K	$1.700M	$2.100M	$2.300M	$2.900M	$800.0K	$2.000M	$500.0K	$600.0K	$1.200M	$1.200M	$1.600M	$300.0K	$300.0K	$0.00	$100.0K	$100.0K	$100.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$100.0K	$100.0K	$100.0K	$100.0K	$200.0K	$500.0K	$700.0K	$1.900M	$3.200M
YoY Change	7.59%		-100.0%	-47.06%	-19.05%	-8.7%	-20.69%	262.5%	-60.0%	300.0%	-16.67%	-50.0%	0.0%	-25.0%	433.33%	0.0%		-100.0%	0.0%	0.0%									-100.0%	0.0%	0.0%	0.0%	-50.0%	-60.0%	-28.57%	-63.16%	-40.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$193.4M	$153.6M
YoY Change	25.91%
Other Assets
YoY Change
Total Long-Term Assets	$214.1M	$162.7M
YoY Change	31.6%
Total Assets	$227.4M	$216.5M	$242.9M	$267.8M	$304.9M	$389.2M	$715.6M	$888.2M	$731.1M	$579.6M	$558.9M	$486.2M	$524.4M	$453.6M	$489.0M	$386.6M	$329.2M	$314.4M	$278.5M	$274.5M	$278.7M	$308.6M	$336.7M	$409.9M	$466.8M	$505.6M	$488.9M	$461.7M	$402.1M	$384.6M	$347.3M	$307.5M	$306.4M	$257.3M	$213.5M	$123.4M	$107.0M	$64.60M
YoY Change
Accounts Payable	$1.679M	$954.0K	$600.0K	$3.300M	$1.600M	$3.200M	$1.100M	$1.700M	$2.600M	$4.700M	$8.800M	$4.400M	$1.300M	$900.0K	$2.600M	$2.400M	$3.900M	$3.300M	$4.200M	$1.600M	$1.600M	$1.400M	$600.0K	$1.700M	$7.200M	$25.70M	$27.60M	$10.30M	$11.40M	$14.20M	$19.70M	$10.10M	$13.10M	$12.10M	$10.70M	$8.500M	$5.700M	$2.100M
YoY Change	76.0%	59.0%	-81.82%	106.25%	-50.0%	190.91%	-35.29%	-34.62%	-44.68%	-46.59%	100.0%	238.46%	44.44%	-65.38%	8.33%	-38.46%	18.18%	-21.43%	162.5%	0.0%	14.29%	133.33%	-64.71%	-76.39%	-71.98%	-6.88%	167.96%	-9.65%	-19.72%	-27.92%	95.05%	-22.9%	8.26%	13.08%	25.88%	49.12%	171.43%
Accrued Expenses	$592.0K	$829.0K	$1.300M	$2.100M	$1.300M	$1.600M	$2.500M	$3.600M	$2.300M	$2.600M	$2.200M	$2.800M	$3.000M	$2.700M	$4.900M	$4.200M	$3.700M	$4.700M	$4.000M	$4.300M	$3.300M	$4.000M	$6.000M	$5.600M	$5.700M	$6.800M	$5.900M	$4.000M	$4.700M	$3.100M	$4.200M	$4.500M	$3.800M	$2.200M	$2.000M	$2.000M	$1.300M	$1.100M
YoY Change	-28.59%	-36.23%	-38.1%	61.54%	-18.75%	-36.0%	-30.56%	56.52%	-11.54%	18.18%	-21.43%	-6.67%	11.11%	-44.9%	16.67%	13.51%	-21.28%	17.5%	-6.98%	30.3%	-17.5%	-33.33%	7.14%	-1.75%	-16.18%	15.25%	47.5%	-14.89%	51.61%	-26.19%	-6.67%	18.42%	72.73%	10.0%	0.0%	53.85%	18.18%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00				$0.00	$40.00M	$40.00M	$42.00M	$6.900M		$0.00	$10.00M	$0.00	$35.40M	$0.00
YoY Change						-100.0%	0.0%	-4.76%	508.7%			-100.0%		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.322M	$1.928M	$1.900M	$5.400M	$2.900M	$4.800M	$3.600M	$5.300M	$4.900M	$7.300M	$11.00M	$31.30M	$28.70M	$20.80M	$20.20M	$13.60M	$15.10M	$17.70M	$23.90M	$23.50M	$27.30M	$27.90M	$28.20M	$37.60M	$42.30M	$62.50M	$60.60M	$33.80M	$36.50M	$60.50M	$62.40M	$50.90M	$60.30M	$51.50M	$43.40M	$21.40M	$17.30M	$8.700M
YoY Change	20.44%	1.47%	-64.81%	86.21%	-39.58%	33.33%	-32.08%	8.16%	-32.88%	-33.64%	-64.86%	9.06%	37.98%	2.97%	48.53%	-9.93%	-14.69%	-25.94%	1.7%	-13.92%	-2.15%	-1.06%	-25.0%	-11.11%	-32.32%	3.14%	79.29%	-7.4%	-39.67%	-3.04%	22.59%	-15.59%	17.09%	18.66%	102.8%	23.7%	98.85%
Long-Term Debt	$0.00	$515.0K	$1.200M	$1.900M	$2.700M	$3.400M	$300.0K	$4.400M	$10.20M	$8.600M	$800.0K	$3.300M	$8.400M	$24.30M	$17.00M	$9.300M	$6.200M	$8.400M	$8.400M	$17.50M	$40.10M	$72.80M	$121.0M	$196.8M	$263.5M	$297.2M	$272.5M	$279.1M	$238.6M	$235.7M	$211.2M	$193.6M	$192.7M	$158.3M	$126.0M	$58.40M	$55.90M	$42.90M
YoY Change	-100.0%	-57.08%	-36.84%	-29.63%	-20.59%	1033.33%	-93.18%	-56.86%	18.6%	975.0%	-75.76%	-60.71%	-65.43%	42.94%	82.8%	50.0%	-26.19%	0.0%	-52.0%	-56.36%	-44.92%	-39.83%	-38.52%	-25.31%	-11.34%	9.06%	-2.36%	16.97%	1.23%	11.6%	9.09%	0.47%	21.73%	25.63%	115.75%	4.47%	30.3%
Other Long-Term Liabilities			$200.0K	$800.0K	$600.0K	$900.0K	$1.300M	$1.600M	$1.900M	$2.000M	$1.600M	$1.900M	$2.700M	$4.000M	$4.100M	$5.100M	$4.800M	$5.500M	$5.400M	$5.000M	$6.500M	$7.600M	$8.200M	$8.300M	$7.500M	$10.00M	$38.10M	$46.20M	$35.60M	$7.400M	$3.900M	$3.100M	$2.600M	$2.000M	$1.600M	$1.000M	$1.200M	$900.0K
YoY Change			-75.0%	33.33%	-33.33%	-30.77%	-18.75%	-15.79%	-5.0%	25.0%	-15.79%	-29.63%	-32.5%	-2.44%	-19.61%	6.25%	-12.73%	1.85%	8.0%	-23.08%	-14.47%	-7.32%	-1.2%	10.67%	-25.0%	-73.75%	-17.53%	29.78%	381.08%	89.74%	25.81%	19.23%	30.0%	25.0%	60.0%	-16.67%	33.33%
Total Long-Term Liabilities	$0.00	$515.0K	$1.400M	$2.700M	$3.300M	$4.300M	$1.600M	$6.000M	$12.10M	$10.60M	$2.400M	$5.200M	$11.10M	$28.30M	$21.10M	$14.40M	$11.00M	$13.90M	$13.80M	$22.50M	$46.60M	$80.40M	$129.2M	$205.1M	$271.0M	$307.2M	$310.6M	$325.3M	$274.2M	$243.1M	$215.1M	$196.7M	$195.3M	$160.3M	$127.6M	$59.40M	$57.10M	$43.80M
YoY Change	-100.0%	-63.21%	-48.15%	-18.18%	-23.26%	168.75%	-73.33%	-50.41%	14.15%	341.67%	-53.85%	-53.15%	-60.78%	34.12%	46.53%	30.91%	-20.86%	0.72%	-38.67%	-51.72%	-42.04%	-37.77%	-37.01%	-24.32%	-11.78%	-1.09%	-4.52%	18.64%	12.79%	13.02%	9.35%	0.72%	21.83%	25.63%	114.81%	4.03%	30.37%
Total Liabilities	$8.058M	$4.636M	$12.60M	$68.10M	$97.60M	$184.2M	$519.5M	$697.2M	$542.9M	$395.8M	$378.0M	$289.7M	$324.8M	$255.1M	$297.6M	$184.1M	$131.5M	$120.8M	$91.80M	$70.70M	$81.40M	$117.3M	$157.4M	$242.7M	$313.2M	$369.7M	$371.2M	$359.1M	$310.7M	$303.7M	$277.5M	$247.6M	$255.7M	$211.8M	$171.0M	$80.90M	$74.40M	$52.40M
YoY Change	73.81%	-63.21%	-81.5%	-30.23%	-47.01%	-64.54%	-25.49%	28.42%	37.17%	4.71%	30.48%	-10.81%	27.32%	-14.28%	61.65%	40.0%	8.86%	31.59%	29.84%	-13.14%	-30.61%	-25.48%	-35.15%	-22.51%	-15.28%	-0.4%	3.37%	15.58%	2.3%	9.44%	12.08%	-3.17%	20.73%	23.86%	111.37%	8.74%	41.98%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2017	2016	2015	2014
Basic Shares Outstanding	10.28M	10.40M	10.46M	10.45M
Diluted Shares Outstanding	10.28M	10.40M	10.46M	10.46M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $186.37 Million

About California First Leasing Corp

California First Leasing Corp. engages in leasing and financing capital assets to businesses and other commercial or non-profit organizations. The company is headquartered in Newport Beach, California. The firm is engaged in leasing and financing capital assets to businesses and other commercial or non-profit organizations. Its portfolio includes leases and loans, such as commercial leases, education, government and non-profit (EGNP) leases, commercial and industrial loans and commercial real estate loans. The company provides commercial finance, UniversityLease, K-12, healthcare and government. Its UniversityLease business focuses on the needs of colleges and universities. The company provides services to meet the needs of all types of healthcare organizations, including senior and assisted-living facilities, hospitals and related clinics and others. Its K-12 offers lease financing dedicated to serving the needs of K-12 school districts throughout the United States. The company specializes in municipal lease financing for state and local municipalities. The company finances all types of equipment used by cities.

Industry: National Commercial Banks Peers: A-Mark Precious Metals, Inc. Acacia Research Corp FlexShopper Inc GWG Holdings, Inc. Sundance Strategies Inc SWK Holdings Corp LM Funding America Inc Mill City Ventures III Ltd