The company's financial position has weakened, with the debt-to-equity ratio rising to 1.40 in 2026Q1 as retained earnings plummeted to a negative $13.5M.
| Total Current Assets | 3.03M | 3.06M | 3.32M | 8.45M | 14.37M |
| Cash & Short-Term Investments | 1.42M | 2.13M | 2.1M | 5.16M | 6.19M |
| Cash Only | 1.42M | 2.13M | 2.1M | 5.16M | 6.19M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 823.6K | 343.25K | 647.96K | 2.9M | 7.85M |
| Days Sales Outstanding | 46.25 | 21.89 | 36.03 | 80.15 | 125.85 |
| Inventory | 218.08K | 243.28K | 158.36K | 114.74K | 79.44K |
| Days Inventory Outstanding | 23.26 | 24.54 | 14.45 | 5.54 | 2.18 |
| Other Current Assets | 577.15K | 341.31K | 414.92K | 282.96K | 246.16K |
| Total Non-Current Assets | 2.68M | 2.72M | 1.76M | 1.25M | 881.51K |
| Property, Plant & Equipment | 2.68M | 2.72M | 1.76M | 1.25M | 877.86K |
| Fixed Asset Turnover | 1.76x | 2.11x | 3.73x | 10.57x | 25.93x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 3.65K | 3.65K | 3.65K |
| Total Assets | 5.71M | 5.78M | 5.08M | 9.71M | 15.25M |
| Asset Turnover | 0.76x | 0.99x | 1.29x | 1.36x | 1.49x |
| Asset Growth % | 29.29% | 13.64% | -47.63% | -36.36% | - |
| Total Current Liabilities | 1.52M | 1.41M | 1.28M | 769.71K | 1.11M |
| Accounts Payable | 583.26K | 564.01K | 878.04K | 313.95K | 667.63K |
| Days Payables Outstanding | 50.01 | 56.89 | 80.12 | 15.17 | 18.3 |
| Short-Term Debt | 15.41K | 14.35K | 0 | 115.88K | 110.29K |
| Deferred Revenue (Current) | 2.02K | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 23.36K | 487.83K | 100.7K | 171.11K | 161K |
| Current Ratio | 2.00x | 2.16x | 2.59x | 10.98x | 12.94x |
| Quick Ratio | 1.86x | 1.99x | 2.47x | 10.83x | 12.87x |
| Cash Conversion Cycle | 19.5 | -10.46 | -29.63 | 70.52 | 109.72 |
| Total Non-Current Liabilities | 1.08M | 2.03M | 628.27K | 140.56K | 129.25K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 7.12M | 1.66M | 628.27K | 132.49K | 129.25K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 709.45K | 371.22K | 0 | 8.07K | 0 |
| Total Liabilities | 4.11M | 3.45M | 1.91M | 910.27K | 1.24M |
| Total Debt | 2.24M | 2M | 907.45K | 400K | 410.88K |
| Net Debt | 824.86K | -129.25K | -1.19M | -4.76M | -5.78M |
| Debt / Equity | 1.40x | 0.86x | 0.29x | 0.05x | 0.03x |
| Debt / EBITDA | -0.33x | - | - | 0.17x | 0.06x |
| Net Debt / EBITDA | -0.12x | - | - | -2.06x | -0.91x |
| Interest Coverage | -3226.57x | -2978.19x | -421.24x | - | 1029.36x |
| Total Equity | 1.6M | 2.33M | 3.17M | 8.8M | 14.01M |
| Equity Growth % | -96.94% | -26.64% | -63.92% | -37.23% | - |
| Book Value per Share | 0.29 | 0.53 | 1.21 | 1.76 | 2.80 |
| Total Shareholders' Equity | 1.6M | 2.33M | 3.17M | 8.8M | 14.01M |
| Common Stock | 5.65K | 4.86K | 3K | 8.8M | 14.01M |
| Retained Earnings | -13.48M | -10.26M | -2.29M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
Liquidity exhaustion and dilution
As reported in financial statements, CJMB's total assets have declined from $9.7M in 2023Q4 to $5.7M in 2026Q1, reflecting a persistent contraction that suggests the company is struggling to maintain its operational footprint while simultaneously depleting its underlying resource base.
The consistent downward trend in total assets, coupled with the accumulation of a $13.5M deficit in retained earnings, indicates that the business model is currently failing to generate sufficient value to offset its operational costs. Investors should monitor whether this trajectory leads to a further reduction in essential infrastructure or if the company can stabilize its asset base before liquidity becomes critical.
Based on recent SEC filings, the company's debt-to-equity ratio has climbed from 0.05 in 2023Q4 to 1.40 in 2026Q1, signaling that management is increasingly relying on debt financing to bridge the gap created by ongoing operational losses.
While the absolute debt level of $2.2M remains modest, the rapid deterioration of the equity base makes this leverage appear increasingly precarious. This shift suggests that the company's ability to service its obligations may be compromised if the current trend of negative cash flow persists without a successful capital injection.
According to the latest quarterly data, CJMB's cash position has fallen to $1.4M in 2026Q1 from a peak of $5.2M in 2023Q4, leaving the firm with a significantly reduced buffer to manage its ongoing operating expenses and potential working capital volatility.
The current ratio of 2.00 may appear superficially adequate, but it masks the reality of a company that is burning through its liquid assets to sustain operations. This rapid depletion of cash reserves warrants further investigation into the company's ability to fund its activities beyond the immediate term without resorting to dilutive financing.
As indicated by the company's reported figures, retained earnings have plummeted to a negative $13.5M as of 2026Q1, a stark reversal from the break-even position held in 2023Q4 that highlights the severe impact of sustained net losses on shareholder value.
The erosion of equity is a direct consequence of the company's inability to achieve profitability, effectively consuming the capital provided by shareholders. This trend suggests that the company's intrinsic value is being systematically undermined, which may necessitate a restructuring of the capital base to restore investor confidence.
Quick answers to the most common questions about buying CJMB stock.
As of 2025, Callan JMB Inc. (CJMB) had total assets of $5.8M including $3.1M in current assets.
Callan JMB Inc. (CJMB) carries total debt of $2.0M, offset by $2.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Callan JMB Inc. (CJMB) has total shareholders' equity (book value) of $2.3M ($0.53 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Callan JMB Inc. (CJMB) reported a current ratio of 2.16x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.