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Cardinal Infrastructure Group, Inc. CDNL Derecognition Of Notes Payable Upon Deconsolidation Of Variable Interest Entity

Derecognition Of Notes Payable Upon Deconsolidation Of Variable Interest Entity at other companies

Equitable Holdings logo
Equitable HoldingsEQH
$367M-21.1%
Starwood Property Trust logo
Starwood Property TrustSTWD
$110K-97.7%
Acadia Realty Trust logo
Acadia Realty TrustAKR
$0-100%
Bread Financial Holdings logo
Bread Financial HoldingsBFH
$3.04B-20.7%
Equitable Holdings logo
Equitable HoldingsEQH
$367M-21.1%
NexPoint Real Estate Finance logo
NexPoint Real Estate FinanceNREF
$0-100%

Other financials

Income statement

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Revenue$167.5M+105%
Gross profit$34.2M+107%
Operating income$14.8M+86.9%
Net income$3.4M-37.6%
EPS (diluted)$0.23

Balance sheet

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Cash & equivalents$44.0M
Total debt$220.6M
Total assets$657.3M

Cash flow

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Operating cash flow$9.3M-23.0%
CapEx$9.3M-10.2%
Free cash flow-$961.0-100%

Valuation

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Market cap$1.25B+35.3%
Enterprise value$1.43B
P/E83×
P/S3.1×

Profitability

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Gross margin20.6%+0.6pp
Operating margin11%-0.8pp
Net margin6.8%-1.1pp
FCF margin5.7%-1.6pp

Returns & leverage

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Current ratio1.7×

Where this comes from

Reported directly by Cardinal Infrastructure Group, Inc. in its filing.

Tagged under the XBRL concept cdnl:DerecognitionOfNotesPayableUponDeconsolidationOfVariableInterestEntity.

The official record: Cardinal Infrastructure Group, Inc. ’s 10-K, filed March 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cardinal Infrastructure Group, Inc. 's derecognition of notes payable upon deconsolidation of variable interest entity?
Cardinal Infrastructure Group, Inc. (CDNL) reported derecognition of notes payable upon deconsolidation of variable interest entity of $335.97K in Q4 2025.
What does derecognition of notes payable upon deconsolidation of variable interest entity mean?
Represents the reduction in debt obligations resulting from the deconsolidation of a variable interest entity or subsidiary. This metric is critical for assessing how structural changes in corporate entities affect the company's total debt profile.