CBL & Associates Properties, Inc. Financial Ratios — 0HQK

Profitability (USD)

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-24.38	1.84	17.79	38.93
Return on Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3.32	0.26	2.29	4.97
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.18	8.96	12.36
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.89	6.51	6.7
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	69.99	67.37	- -	65.95	65.04	66.03	64.67
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	40.28	17.4	- -	65.36	67.02	60.83	60.51
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	28.1	20.59	- -	8.33	17.44	25.67	24.17
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	50.54	- -	- -	- -	- -	11.83
Pretax Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	-16.73	-55.34	- -	-17.13	0.77	11.28	23.34
Profit Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	-14.15	-51.24	- -	-16.6	1.22	11.44	23.51
Net Income to Common Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	-19.99	-57.74	- -	-16.6	1.22	11.44	23.51
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.82	1.81	0.35
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	-7.38	9.05	- -	-22.62	-85,574.64	91.12	57.93
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-29.9	1,580.1	1.58	16.38

Credit (USD)

Credit Ratios API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,742	2,360	2,111	1,889	2,213	2,171
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	676	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,066	2,360	2,111	1,889	2,213	2,171
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	37.35	- -	5.74	5.27	7.06	6.2
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	36.68	- -	5.31	5.17	6.93	6.08
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	-32.75	- -	23.23	12.87	14.06	12.75
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	-32.16	- -	21.52	12.63	13.8	12.51
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	1.5	0.5	- -	1.69	2.07	2.03	1.99
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	1.5	0.5	- -	1.69	2.07	2.03	1.99
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	1.05	0.59	- -	0.22	0.54	0.86	0.79
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	206	201	- -	217	173	154	176
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.97	13.45	13.84	14.1	11.78	13.74
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	574.21	588.5	574.95	571.3	707.23	595.27
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	71.71	85.48	85.18	85.1	87.61	85.62
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	69.01	80.13	78.81	78.51	80.54	79.54
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	700.78	588.5	574.95	571.3	707.23	595.27
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	87.51	85.48	85.18	85.1	87.61	85.62
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	84.22	80.13	78.81	78.51	80.54	79.54
Net Debt to Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	688.07	508.36	532.64	560.96	694.2	583.67
Net Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	87.19	78.67	80.37	84.87	87.41	85.37
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	310	100	- -	368	359	314	350
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	310	100	- -	368	359	314	350
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	216	119	- -	47	93	132	140

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.35	1.73	1.68	1.59	1.28	1.73
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.48	3.17	3.25	2.31	2.26	2.55
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.48	3.17	2.76	1.84	1.5	1.98
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.08	0.95	0.99	1.2
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.97	13.45	13.84	14.1	11.78	13.74
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	574.21	588.5	574.95	571.3	707.23	595.27
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	71.71	85.48	85.18	85.1	87.61	85.62
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	69.01	80.13	78.81	78.51	80.54	79.54
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	700.78	588.5	574.95	571.3	707.23	595.27
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	87.51	85.48	85.18	85.1	87.61	85.62
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	84.22	80.13	78.81	78.51	80.54	79.54
CFO/Total Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.41	- -	9.01	8.84	8.31	10.56
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.58	0.52	0.55	0.67

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.11	12.74	11.58	12.56
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.33	28.66	31.52	29.06
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	625	963	783	916	1,114
- Cash & Cash Equivalents	- -	- -	- -	- -	- -	- -	- -	- -	- -	62	170	45	34	41	42
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	5	-3	-9	-11	-10
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,742	2,360	2,111	1,889	2,213	2,171
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,671	2,733	2,367	2,834	2,939
Total Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,276	2,762	2,478	2,219	2,526	2,535
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	87.51	85.48	85.18	85.1	87.61	85.62
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.88	0.77	0.8	0.78	0.74
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.85	4.42	5.5	5.08
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.43	6.6	9.04	8.4
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	30.08	16.12	18.01	17.27
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.43	8.01	6.91
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.43	8.01	6.91
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	625	910	767	923	1,133
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,671	2,680	2,351	2,841	2,958
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	128.58	85.99	74.03	92.27	96.92
TTM Sales	- -	- -	- -	- -	- -	- -	- -	- -	769	576	- -	563	535	516	578
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	310	100	- -	368	359	314	350
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	216	119	- -	47	93	132	140
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	319	354	425
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	319	354	425

Multiples (USD)

Valuation Multiples API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.37	4.18	4.56	4.54
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	30.08	16.12	18.01	17.27
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,671	2,733	2,367	2,834	2,939
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.71	21.74	20.42	21.21	21.1
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.85	4.42	5.5	5.08
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.43	6.6	9.04	8.4
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	117.16	15.62	8.2
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	110.44	13.3	6.42
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	127.87	16.78	8.47
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	97.66	11.12	4.71
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.58	2.6	2.31	2.83	2.97
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.57	2.43	2.18	2.41	2.33
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.7	2.88	2.52	3.04	3.07
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.4	1.86	1.92	2.01	1.71
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6.71	11.5	33.49	-38.37	10.91
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6.67	10.77	31.57	-32.66	8.55
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7.24	12.74	36.55	-41.21	11.27
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5.95	8.25	27.92	-27.31	6.27
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.62	1.43	1.79	1.93
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.51	1.35	1.52	1.51
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.79	1.56	1.92	1.99
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.16	1.19	1.27	1.11
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.37	4.18	4.56	4.46
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.1	3.94	3.88	3.5
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.84	4.56	4.89	4.61
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.14	3.48	3.24	2.56
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.1	3.94	3.88	3.55
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.84	4.56	4.9	4.69
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.14	3.48	3.25	2.61
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.75	4.34	5.23	4.66
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.04	4.56	5.63	5.14
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.37	4.18	4.98	4.26
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.26	6.47	8.6	7.71
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.71	6.8	9.25	8.5
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.69	6.24	8.19	7.04
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	29.41	15.82	17.14	15.85
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	31.22	16.61	18.44	17.48
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.09	15.24	16.33	14.48
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	30.1	30.29	24.5	29.81	36.73
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	32.47	33.55	26.74	32.02	37.94
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,668	2,672	2,322	2,697	2,698
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,720	2,836	2,439	2,901	2,976
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,601	2,461	2,237	2,570	2,465

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	148	161	170	170	170	171	171	173	174	20	21	32	32	31	30
Diluted Weighted Avg Shares	148	155	167	170	170	171	171	172	196	196	21	30	31	31	31
Basic Weighted Avg Shares	148	155	167	170	170	171	171	172	196	196	21	30	31	31	30
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	3.91	2.93	- -	18.74	17.1	16.68	19.06
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	1.58	0.51	- -	12.25	11.46	10.15	11.53
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	1.1	0.6	- -	1.56	2.98	4.28	4.61
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	-0.78	-1.69	- -	-3.11	0.21	1.91	4.48
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	-0.67	-1.71	- -	-3.31	0.1	1.85	4.43
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	-0.78	-1.69	- -	-3.11	0.21	1.9	4.41
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	-0.67	-1.71	- -	-3.31	0.1	1.84	4.36
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	0.3	- -	- -	0.79	3.77	1.63	2.54
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	1.39	0.68	- -	6.93	5.86	6.54	8.23
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	1.39	0.68	- -	6.93	5.86	6.54	8.23
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.75	15.38	10.61	9.27	9.25	11.06
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.6	19.07	11.66	10.61	10.54	12.37
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.71	-4.49	2.63	0.73	-0.78	3.37