Cardinal Ethanol, LLC

CRDE.PK maintains a strong liquidity position with a current ratio of 4.65, indicating the company can cover its short-term liabilities more than four times over. However, the company's free cash flow of $11,052,560 is relatively low compared to its operating cash flow of $83,407,780, suggesting significant capital expenditures are being made to support growth. The company's debt-to-equity ratio of 0.18 indicates a conservative capital structure with limited leverage.

In terms of profitability, CRDE.PK reports a return on equity of 40.47% and a return on assets of 29.99%, both of which are strong indicators of efficient use of equity and assets to generate profit. These figures are well above the industry median for renewable fuels, suggesting the company is outperforming its peers in terms of profitability and asset utilization.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification could expose the company to higher risk if market conditions in its primary operating region change. The absence of segment-specific data limits the ability to assess the performance of different parts of the business.

CRDE.PK's growth trajectory is supported by a positive operating cash flow and a net income of $69,818,590. However, the company's capital expenditures of $27,887,980 indicate a significant investment in infrastructure, which may impact near-term profitability. The outlook for the current fiscal year suggests continued investment in growth, with a focus on expanding renewable fuel production capacity.

The risk assessment for CRDE.PK indicates a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could affect its ability to meet short-term obligations without additional financing. The dilution risk is low, as the number of shares outstanding remains unchanged between basic and diluted shares. No recent events or filings have been disclosed that would significantly impact the company's risk profile.

Recent events and filings for CRDE.PK have not been disclosed in the available data. The company's financial statements and disclosures do not indicate any material changes in operations or strategic direction in the most recent reporting period.