Cadre Holdings, Inc. Financial Ratios — 1CD Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	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 (%)	- -	- -	25.97	4.57	21.29	14.21	14.03
Return on Assets (%)	- -	13.02	4.26	1.65	9.39	6.67	6.2
Return on Capital (%)	- -	- -	10	3.38	12.55	9.25	8.86
Return on Invested Capital (%)	- -	- -	14.5	3.6	12.11	9.79	7.91
Gross Margin (%)	34.71	37.8	39.95	38.37	41.6	41.14	42.54
EBITDA Margin (%)	10.18	15.95	15.31	7.07	14.97	14.66	14.09
Operating Margin (%)	6.73	13.75	12.91	4.6	12.17	12.82	12.3
Incremental Operating Margin (%)	- -	- -	- -	- -	152.42	16.53	5.33
Pretax Margin (%)	-0.49	6.89	4.49	2.05	10.97	9.55	10.21
Profit Margin (%)	-0.46	9.5	2.96	1.27	8.01	6.37	7.23
Net Income to Common Margin (%)	-0.46	9.5	2.96	1.27	8.01	6.37	7.23
Effective Tax Rate (%)	- -	- -	34.03	37.91	26.99	33.36	29.18
Dvd Payout Ratio (%)	- -	- -	100.71	197.75	31.07	38.6	35
Sustainable Growth Rate (%)	- -	- -	-0.18	-4.47	14.67	8.72	9.12

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	275	213	160	158	147	239	328
ST Debt	4	3	13	16	16	16	22
LT Debt	270	209	147	142	131	223	306
Total Debt/EBITDA	6.41	3.3	2.44	4.89	2.03	2.87	3.81
Net Debt/EBITDA	6.35	3.25	1.92	3.23	0.73	1.18	2.14
Total Debt/EBIT	10.03	4.27	3.09	9.48	2.6	3.58	4.87
Net Debt/EBIT	9.94	4.22	2.43	6.25	0.93	1.47	2.74
EBITDA to Interest Expense	1.43	2.65	3.98	5.22	15.95	10.63	6.89
EBITDA-CapEx/Interest Expense	1.33	2.45	3.81	4.49	14.46	9.91	6.34
EBIT to Interest Expense	0.95	2.28	3.36	3.4	12.96	9.3	6.01
Interest Expense	30	24	16	6	5	8	12
Common Equity/Total Assets	-9.77	3.12	28.43	42.32	45.73	47.73	41.27
Long-Term Debt/Equity (%)	- -	2,364.82	165.29	85.86	66.44	71.45	96.29
Long-Term Debt/Capital (%)	110.5	94.43	59	43.92	38.08	40.45	47.4
Long-Term Debt/Total Assets (%)	87.95	73.89	46.99	36.34	30.38	34.1	39.74
Total Debt/Equity (%)	-914.8	2,404.32	180.16	95.5	74.47	76.65	103.16
Total Debt/Capital (%)	112.27	96.01	64.31	48.85	42.68	43.39	50.78
Total Debt/Total Assets (%)	89.36	75.12	51.22	40.42	34.05	36.58	42.57
Net Debt to Equity	-906.41	2,371.86	141.96	62.93	26.6	31.55	58.01
Net Debt/Capital (%)	112.4	95.95	58.67	37.42	20.46	23.1	35.27
EBITDA	43	65	65	32	72	83	86
EBITDA-CapEx	40	60	63	28	66	78	79
Operating Income (Loss)	28	56	55	21	59	73	75

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.04	0.05	0.45	0.57	0.92	1.33	1.18
Current Ratio	2.27	1.88	2.14	2.5	2.58	3.48	3.5
Quick Ratio	0.92	0.74	1.1	1.39	1.53	2.32	2.23
CFO/Avg Current Liab	- -	0.72	0.58	0.6	0.84	0.34	0.64
Common Equity/Total Assets	-9.77	3.12	28.43	42.32	45.73	47.73	41.27
Long-Term Debt/Equity (%)	- -	2,364.82	165.29	85.86	66.44	71.45	96.29
Long-Term Debt/Capital (%)	110.5	94.43	59	43.92	38.08	40.45	47.4
Long-Term Debt/Total Assets (%)	87.95	73.89	46.99	36.34	30.38	34.1	39.74
Total Debt/Equity (%)	-914.8	2,404.32	180.16	95.5	74.47	76.65	103.16
Total Debt/Capital (%)	112.27	96.01	64.31	48.85	42.68	43.39	50.78
Total Debt/Total Assets (%)	89.36	75.12	51.22	40.42	34.05	36.58	42.57
CFO/Total Liabilities	2.2	16.55	17.97	20.53	31.28	9.31	14.09
CFO/CapEx	2.41	9.65	14.16	10.33	10.88	5.61	9.29
Altman's Z-Score	- -	- -	- -	- -	- -	- -	4.92

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	8.16	9.29	8.11	7.85	7.47	5.98
Days Sales Outstanding	- -	44.75	39.29	45	46.49	48.84	61.04
Inventory Turnover	- -	4.09	4.11	4.2	3.73	4.09	3.84
Days Inventory Outstanding	- -	89.22	88.83	86.83	97.95	89.22	95.04
Accounts Payable Turnover	- -	10.51	12.57	13.5	11.29	11.56	14.19
Accounts Payable Turnover Days	- -	34.73	29.03	27.04	32.33	31.59	25.73
Cash Conversion Cycle	- -	99.23	99.09	104.8	112.11	106.47	130.35
Inventory to Cash Days	- -	-44.47	-49.54	-41.83	-51.46	-40.38	-33.99
Inventories	62	61	64	70	81	82	100
Raw Materials	36	31	31	38	41	43	59
Work In Process	5	4	4	7	8	8	10
Finished Goods	21	26	29	25	32	31	31
Other Inventory	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	1,767
- Cash & Cash Equivalents	3	3	34	45	88	125	123
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	275	213	160	158	147	239	328
Enterprise Value	- -	- -	- -	- -	- -	- -	1,972
Total Capital	245	222	248	324	344	550	646
Total Debt/Capital (%)	112.27	96.01	64.31	48.85	42.68	43.39	50.78
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.17
EV/Sales	- -	- -	- -	- -	- -	- -	3.23
EV/EBITDA	- -	- -	- -	- -	- -	- -	22.94
EV/EBIT	- -	- -	- -	- -	- -	- -	29.29
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	27.19
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	30.03
Diluted Market Cap	- -	- -	- -	- -	- -	- -	1,821
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	2,026
EV per Share	- -	- -	- -	- -	- -	- -	46.78
TTM Sales	421	405	427	458	483	568	610
TTM EBITDA	43	65	65	32	72	83	86
TTM Operating Income	28	56	55	21	59	73	75
TTM Cash Flow to Firm	- -	- -	51	50	77	37	73
TTM Free Cash Flow to Firm	- -	- -	48	46	70	31	66

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	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	- -	- -	- -	- -	- -	- -	32.03
EV/EBIT	- -	- -	- -	- -	- -	- -	29.29
Enterprise Value	- -	- -	- -	- -	- -	- -	1,972
Low Price	- -	- -	- -	- -	- -	- -	28.57
EV/Sales	- -	- -	- -	- -	- -	- -	3.23
EV/EBITDA	- -	- -	- -	- -	- -	- -	22.94
Price/Earnings	- -	- -	- -	- -	- -	- -	38.81
Price/Earnings Average	- -	- -	- -	- -	- -	- -	34.23
Price/Earnings High	- -	- -	- -	- -	- -	- -	41.94
Price/Earnings Low	- -	- -	- -	- -	- -	- -	26.46
Price/Book Value	- -	- -	- -	- -	- -	- -	5.56
Price/Book Value Average	- -	- -	- -	- -	- -	- -	4.91
Price/Book Value High	- -	- -	- -	- -	- -	- -	6.01
Price/Book Value Low	- -	- -	- -	- -	- -	- -	3.79
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	82.54
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	72.79
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	89.18
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	56.26
Price/Sales	- -	- -	- -	- -	- -	- -	2.81
Price/Sales Average	- -	- -	- -	- -	- -	- -	2.48
Price/Sales High	- -	- -	- -	- -	- -	- -	3.03
Price/Sales Low	- -	- -	- -	- -	- -	- -	1.91
Price/Cash Flow	- -	- -	- -	- -	- -	- -	26.89
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	23.72
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	29.06
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	18.33
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	28.25
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	34.61
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	21.83
EV/Sales Average	- -	- -	- -	- -	- -	- -	2.89
EV/Sales High	- -	- -	- -	- -	- -	- -	3.47
EV/Sales Low	- -	- -	- -	- -	- -	- -	2.31
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	20.51
EV/EBITDA High	- -	- -	- -	- -	- -	- -	24.59
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	16.39
EV/EBIT Average	- -	- -	- -	- -	- -	- -	26.19
EV/EBIT High	- -	- -	- -	- -	- -	- -	31.4
EV/EBIT Low	- -	- -	- -	- -	- -	- -	20.93
Last Price	- -	- -	- -	- -	- -	- -	41.92
High Price	- -	- -	- -	- -	- -	- -	45.3
Enterprise Value Average	- -	- -	- -	- -	- -	- -	1,764
Enterprise Value High	- -	- -	- -	- -	- -	- -	2,115
Enterprise Value Low	- -	- -	- -	- -	- -	- -	1,410

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	35	34	34	37	38	41	42
Diluted Weighted Avg Shares	33	33	29	36	38	40	43
Basic Weighted Avg Shares	33	33	29	36	38	40	41
Revenue per Share	12.57	12.08	14.94	12.68	12.86	14.21	14.93
EBITDA per Share	1.28	1.93	2.29	0.9	1.93	2.08	2.1
Operating Income per Share	0.85	1.66	1.93	0.58	1.56	1.82	1.84
Basic EPS, GAAP	-0.06	1.15	0.44	0.16	1.03	0.9	1.08
Basic EPS from Cont Ops	-0.06	1.15	0.44	0.16	1.03	0.9	1.08
Diluted EPS, GAAP	-0.06	1.15	0.44	0.16	1.02	0.9	1.02
Diluted EPS from Cont Ops	-0.06	1.15	0.44	0.16	1.02	0.9	1.02
Dividend per Share	- -	- -	0.45	0.32	0.32	0.35	0.38
Cash Flow per Share	0.22	1.36	1.4	1.29	1.95	0.8	1.56
Free Cash Flow per Basic Share	0.13	1.22	1.3	1.16	1.77	0.65	1.39
Cash & Equivalents per Share	0.07	0.08	0.98	1.21	2.33	3.08	2.91
Book Value per Share	-0.87	0.26	2.58	4.44	5.25	7.67	7.54
Tangible Book Value per Share	-4.51	-3.15	-0.58	0.9	1.92	1.37	0.51