Commercial National Financial Corporation

CNAF

CNAFCommercial National Financial Corporation US flag

Other OTC

8.11

USD

+0.06

- -

23.20MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	19	20	16	17	20	17	18	17	17	19	18	16	15	15	15
+ Sales & Services Revenue	19	20	16	17	20	17	18	17	17	19	18	16	15	15	15
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	-5	-5	-8	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	7	7	7	8	8	8	8	8	8	8	8	8	8	9	9
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-7	-7	-7	-8	-8	-8	-8	-8	-8	-8	-8	-8	-8	-9	-9
Operating Income (Loss)	- -	- -	5	5	8	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-8	-9	- -	- -	- -	- -	-5	-5	-5	-7	-5	-4	-3	-2	-2
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-8	-9	- -	- -	- -	- -	-5	-5	-5	-7	-5	-4	-3	-2	-2
Pretax Income	8	9	5	5	8	5	5	5	5	7	5	4	3	2	2
- Income Tax Expense (Benefit)	1	2	- -	-1	3	1	-2	- -	1	1	1	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	7	7	5	6	6	4	7	4	5	6	5	4	3	2	2
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	7	7	5	6	6	4	7	4	5	6	5	4	3	2	2
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	7	7	5	6	6	4	7	4	5	6	5	4	3	2	2
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	7	7	5	6	6	4	7	4	5	6	5	4	3	2	2
EBIT	- -	- -	5	5	8	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	5	6	9	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	2.28	1.93	32.87	34.69	43.2	30.99	2.65	2.67	2.03	2.09	2.15	2.33	2.6	2.84	3.01
EBITA	- -	- -	5	5	8	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	30.46	32.05	40.86	27.98	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	35.58	36.43	33.05	36.33	28.04	23.62	38.4	25.93	27.24	30.44	25.5	24.52	19.79	12.67	12.69
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.96	2.04	1.04	1.04	2.04	1.04	1.3	1.04	2.54	1.04	2.04	1.04	1.04	0.89	0.44
Depreciation Expense	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Basic EPS, GAAP	2.35	2.54	1.88	2.17	1.99	1.41	2.4	1.52	1.66	2	1.64	1.37	1.07	0.64	0.66
Basic EPS from Cont Ops	2.35	2.54	1.88	2.17	1.99	1.41	2.4	1.52	1.66	2	1.64	1.37	1.07	0.64	0.66
Diluted Weighted Avg Shares	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Diluted EPS, GAAP	2.35	2.54	1.88	2.17	1.99	1.41	2.4	1.52	1.66	2	1.64	1.37	1.07	0.64	0.66
Diluted EPS from Cont Ops	2.35	2.54	1.88	2.17	1.99	1.41	2.4	1.52	1.66	2	1.64	1.37	1.07	0.64	0.66

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	196	180	197	192	194	142	151	165	155	162	228	177	167	21	8
+ Cash & Cash Equivalents	6	39	12	5	9	14	5	6	5	28	33	6	5	5	6
+ ST Investments	190	141	185	187	184	128	146	160	151	133	195	170	162	15	2
+ Accounts & Notes Receiv	3	1	2	2	2	1	2	2	2	2	2	2	2	2	2
+ Accounts Receivable, Net	3	1	2	2	2	1	2	2	2	2	2	2	2	2	2
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-199	-181	-200	-194	-195	-143	-153	-168	-157	-163	-230	-179	-169	-23	-10
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
+ Property, Plant & Equip	12	13	12	13	13	13	13	14	13	14	14	14	14	15	15
- Accumulated Depreciation	9	9	9	10	10	10	11	11	11	11	11	11	11	12	12
+ LT Investments & Receivables	190	141	185	187	184	128	146	160	151	133	195	170	162	156	156
+ LT Investments	190	141	185	187	184	128	146	160	151	133	195	170	162	156	156
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-193	-144	-189	-190	-188	-131	-149	-163	-153	-136	-198	-173	-165	-159	-159
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-193	-144	-189	-190	-188	-131	-149	-163	-153	-136	-198	-173	-165	-159	-159
Total Assets	401	373	394	388	400	366	385	420	420	425	472	408	391	375	362
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	28	- -	23	10	22	- -	1	32	18	- -	- -	7	25	39	18
+ ST Borrowings	28	- -	23	10	22	- -	1	32	18	- -	- -	7	25	39	18
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-28	- -	-23	-10	-22	- -	-1	-32	-18	- -	- -	-7	-25	-39	-18
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-28	- -	-23	-10	-22	- -	-1	-32	-18	- -	- -	-7	-25	-39	-18
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	10	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Borrowings	10	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-10	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-10	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -	- -
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	348	320	348	329	344	311	325	360	357	356	407	376	354	342	325
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7
+ Common Stock	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13
+ Retained Earnings	51	53	55	58	58	59	62	63	61	63	62	63	63	62	63
+ Other Equity	7	6	-4	5	2	1	4	2	8	11	8	-25	-22	-24	-20
Equity Before Minority Interest	53	53	46	58	55	55	60	60	63	69	65	32	36	33	38
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	53	53	46	58	55	55	60	60	63	69	65	32	36	33	38
Total Liabilities & Equity	401	373	394	388	400	366	385	420	420	425	472	408	391	375	362
Shares Outstanding	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	32	-39	11	5	13	-14	-4	26	13	-28	-33	- -	20	34	12
Net Debt to Equity	60.21	-73.12	24.44	7.93	23.65	-25.1	-6.18	44.21	20.85	-40.82	-51.29	1.17	54.99	102.52	31.3
Tangible Common Equity Ratio	13.1	14.14	11.7	15.05	13.8	15	15.59	14.19	15	16.32	13.77	7.95	9.25	8.74	10.42
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	7	7	5	6	6	4	7	4	5	6	5	4	3	2	2
+ Depreciation & Amortization	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	-1	-4	-1	-1	-4	-2	-3	1	- -	-1	-2	- -	- -	- -	- -
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	-1	-1	- -	- -	-3	1	1	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	-4	- -	- -	-4	-2	- -	- -	- -	-1	-2	- -	- -	- -	- -
+ Chg in Non-Cash Work Cap	- -	- -	- -	1	2	1	-1	-1	1	- -	- -	-1	- -	- -	- -
+ (Inc) Dec in Accts Receiv	-1	- -	- -	- -	2	1	-1	-1	- -	1	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	-1	- -	1	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	6	3	5	6	4	4	4	5	6	5	4	4	3	2	2
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	-1	-1	- -	- -	- -	- -	-1	- -	- -	-1	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	-1	-1	- -	- -	- -	- -	-1	- -	- -	-1	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-55	50	-58	11	1	55	-14	-17	16	23	-65	-18	13	2	6
+ Dec in LT Investment	19	85	35	23	98	57	36	14	17	23	16	2	13	2	6
+ Inc in LT Investment	-74	-35	-93	-12	-96	-2	-50	-31	-1	- -	-80	-20	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	13	12	7	-7	-12	-18	-9	-19	-10	1	21	19	8	11	12
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-42	61	-52	4	-11	37	-23	-36	6	23	-44	1	20	13	17
+ Dividends Paid	-3	-6	-3	-3	-6	-3	-4	-3	-7	-3	-6	-3	-3	-3	-1
+ Net Cash From Debt	- -	-10	- -	- -	- -	- -	- -	- -	-13	-20	- -	7	19	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	19	- -	- -
+ Repayments of Debt	- -	-10	- -	- -	- -	- -	- -	- -	-13	-20	- -	- -	- -	- -	- -
+ Other Financing Activities	39	-17	23	-14	16	-32	14	35	6	19	51	-35	-40	-12	-17
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	36	-33	20	-17	11	-35	11	32	-13	-4	46	-32	-25	-15	-19
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	1	32	-27	-7	4	5	-9	1	-1	24	5	-27	-1	- -	1
EBITDA	- -	- -	5	6	9	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	2.28	1.93	32.87	34.69	43.2	30.99	2.65	2.67	2.03	2.09	2.15	2.33	2.6	2.84	3.01
Free Cash Flow	6	3	4	6	3	3	4	4	6	5	3	3	3	2	1
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	6	3	- -	- -	3	3	- -	4	6	5	3	3	3	- -	- -
Free Cash Flow to Equity	6	-7	4	6	3	3	4	4	-6	-16	3	10	21	2	1
Free Cash Flow per Basic Share	2.11	1.07	1.56	1.98	1.21	1.1	1.24	1.57	2.14	1.6	1.18	1.13	0.91	0.55	0.48
Price/Free Cash Flow	10.82	14.59	11.18	9.16	13.71	16.16	15.6	11.83	8.87	8.24	13.95	8.84	6.7	8.56	9.77
Cash Flow to Net Income	0.91	0.47	0.9	1	0.71	0.87	0.56	1.1	1.34	0.9	0.76	0.9	1.1	1.04	0.96
Capital Expenditures	- -	- -	- -	-1	-1	- -	- -	- -	- -	-1	- -	- -	-1	- -	- -