CBL International (BANL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BANL SEC filings page.
CBL International Limited (BANL) reported $538.5M in revenue for fiscal year 2025, down 9.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
CBL processes hundreds of millions in revenue, but razor-thin margins and rising liabilities define its cash-generating model.
Operating cash flow flipped from-$1.9M in FY2024 to$4.0M in FY2025 even as the company posted a net loss of$3.0M . That improvement occurred alongside FY2025 capital expenditures of only$2.6K , so reported cash generation is disconnected from earnings and does not reflect heavy reinvestment.
The business processed
Liabilities represented
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of CBL International Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
CBL International Limited has an operating margin of -0.4%, meaning the company loses less than $1 on every $100 of revenue. This results in a profitability score of 16/100. This is up from -0.6% the prior year.
CBL International Limited's revenue declined 9.1% year-over-year, from $592.5M to $538.5M. This contraction results in a growth score of 70/100.
CBL International Limited's current ratio of 1.35 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
CBL International Limited's free cash flow margin of 0.7% results in a low score of 27/100. Capital expenditures of $3K absorb a large share of operating cash flow.
CBL International Limited posts a -15.0% return on equity (ROE), meaning it loses $15 for every $100 of shareholders' equity. This results in a returns score of 7/100. This is up from -16.9% the prior year.
CBL International Limited scores 7.52, well above the 2.99 safe threshold. The largest contribution to the score comes from revenue of $538.5M against total assets of $75.7M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
CBL International Limited passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
CBL International Limited reported a net loss of $3.0M while generating $4.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
CBL International Limited reported an operating loss of $2.4M against $744K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
CBL International Limited generated $538.5M in revenue in fiscal year 2025. This represents a decrease of 9.1% from the prior year.
CBL International Limited's EBITDA was -$2.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
CBL International Limited reported a net loss of $3.0M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
CBL International Limited earned -$0.11 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
CBL International Limited generated $4.0M in free cash flow in fiscal year 2025, representing cash available after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
CBL International Limited held $9.3M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
CBL International Limited's gross margin was 0.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
CBL International Limited's operating margin was -0.4% in fiscal year 2025, reflecting core business profitability. This is up 0.1 percentage points from the prior year.
CBL International Limited's net profit margin was -0.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.1 percentage points from the prior year.
CBL International Limited's ROE was -15.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.9 percentage points from the prior year.
Capital Allocation
CBL International Limited spent $49K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
CBL International Limited invested $3K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 98.2% from the prior year.
Not reported for fiscal year 2025.
BANL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Revenue | $538.5M-9.1% | $592.5M+35.9% | $435.9M | N/A | N/A |
| Cost of Revenue | $534.0M-9.0% | $587.1M+37.0% | $428.7M | N/A | N/A |
| Gross Profit | $4.5M-16.8% | $5.4M-25.5% | $7.2M-21.0% | $9.1M+20.2% | $7.6M |
| SG&A Expenses | $6.9M-20.7% | $8.7M+56.8% | $5.5M+27.1% | $4.4M+29.9% | $3.4M |
| Operating Income | -$2.4Mn/m | -$3.3M-300.2% | $1.7M-65.1% | $4.8M+12.5% | $4.2M |
| EBITDA | -$2.0Mn/m | -$3.0M-262.1% | $1.8M-62.2% | $4.8M+13.0% | $4.3M |
| Interest Expense | $744K+30.4% | $571K+146.4% | $232K-10.9% | $260K+7640.2% | $3K |
| Income Tax | -$394n/m | -$29K-109.9% | $299K-63.3% | $814K+24.1% | $656K |
| Net Income | -$3.0Mn/m | -$3.9M-441.8% | $1.1M-69.3% | $3.7M+3.3% | $3.6M |
| EPS (Basic) | -$0.11n/m | -$0.14-402.2% | $0.04-73.7% | $0.17+0.6% | $0.17 |
| EPS (Diluted) | -$0.11n/m | -$0.14-402.2% | $0.04-73.7% | $0.17 | N/A |
| Diluted Shares (Avg) | 28M0.0% | 28M+10.0% | 25M+17.6% | 21M | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
BANL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Total Assets | $75.7M+9.3% | $69.3M+29.6% | $53.5M+108.9% | $25.6M-5.2% | $27.0M |
| Current Assets | $75.1M+9.9% | $68.3M+31.1% | $52.1M+119.6% | $23.7M-11.2% | $26.7M |
| Cash & Equivalents | $9.3M+16.3% | $8.0M+8.3% | $7.4M+47.1% | $5.0M+65.8% | $3.0M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Accounts Receivable | $39.0M+6.4% | $36.7M+46.0% | $25.1M+36.2% | $18.4M+2.2% | $18.0M |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $55.8M+20.0% | $46.5M+65.2% | $28.2M+108.9% | $13.5M-27.4% | $18.6M |
| Current Liabilities | $55.8M+19.9% | $46.5M+66.2% | $28.0M+111.0% | $13.3M-28.4% | $18.5M |
| Non-Current Liabilities | $71K+99.5% | $35K-81.8% | $194K-15.1% | $229K+361.3% | $50K |
| Total Equity | $19.9M-13.2% | $22.9M-9.5% | $25.3M+108.9% | $12.1M+43.7% | $8.4M |
| Retained Earnings | $6.1M-32.9% | $9.0M-29.3% | $12.8M+9.8% | $11.6M+46.4% | $7.9M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
BANL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Operating Cash Flow | $4.0Mn/m | -$1.9Mn/m | -$10.0M-386.7% | $3.5Mn/m | -$2.5M |
| Depreciation & Amortization | $385K+7.6% | $357K+109.3% | $171K+93.7% | $88K+48.3% | $59K |
| Capital Expenditures | $3K-98.2% | $144K-81.3% | $774K+107.4% | $373K+1848.1% | $19K |
| Free Cash Flow | $4.0Mn/m | -$2.1Mn/m | -$10.8M-445.7% | $3.1Mn/m | -$2.5M |
| Investing Cash Flow | -$3Kn/m | -$144Kn/m | -$774Kn/m | -$373Kn/m | -$19K |
| Financing Cash Flow | $483K-82.1% | $2.7M-79.5% | $13.2Mn/m | -$1.1M | N/A |
| Share Buybacks | $49K | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
BANL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F |
|---|---|---|---|---|---|
| Gross Margin | 0.8%-0.1pp | 0.9%-0.7pp | 1.7% | N/A | N/A |
| Operating Margin | -0.4%+0.1pp | -0.6%-0.9pp | 0.4% | N/A | N/A |
| Net Margin | -0.6%+0.1pp | -0.7%-0.9pp | 0.3% | N/A | N/A |
| Return on Equity | -15.0%+1.9pp | -16.9%-21.4pp | 4.5%-25.9pp | 30.4%-11.9pp | 42.4% |
| Return on Assets | -4.0%+1.6pp | -5.6%-7.7pp | 2.1%-12.3pp | 14.4%+1.2pp | 13.2% |
| Current Ratio | 1.35-0.1x | 1.47-0.4x | 1.86+0.1x | 1.79+0.3x | 1.44 |
| Liabilities-to-Equity | 2.81+0.8x | 2.03+0.9x | 1.110.0x | 1.11-1.1x | 2.20 |
| Asset Turnover | 7.11-1.4x | 8.55+0.4x | 8.15 | N/A | N/A |
| FCF Margin | 0.7%+1.1pp | -0.4%+2.1pp | -2.5% | N/A | N/A |
Not reported in any period shown, so not listed: Debt-to-Equity.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| CBL International Limited BANL | FY2025 | $538.5M | -$3.0M | -0.6% | $8.5M | 33/100 |
| TOP Ships Inc. TOPS | FY2025 | $80.4M | $3.1M | 3.8% | $2.1M | 47/100 |
| Pyxis Tankers Inc. PXS | FY2025 | $39.0M | $2.0M | 5.1% | $77.3M | 41/100 |
| Martin Midstream Partners LP MMLP | FY2025 | $716.1M | -$14.7M | -2.1% | $77.1M | 42/100 |
| Imperial Petroleum Inc. IMPP | FY2025 | $161.0M | $50.0M | 31.0% | $226.1M | 72/100 |
Where CBL International Limited Ranks
Frequently Asked Questions
What is CBL International Limited's annual revenue?
CBL International Limited (BANL) reported $538.5M in total revenue for fiscal year 2025. This represents a -9.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is CBL International Limited's revenue growing?
CBL International Limited (BANL) revenue declined by 9.1% year-over-year, from $592.5M to $538.5M in fiscal year 2025.
Is CBL International Limited profitable?
No, CBL International Limited (BANL) reported a net loss of $3.0M in fiscal year 2025, with a net profit margin of -0.6%.
What is CBL International Limited's EBITDA?
CBL International Limited (BANL) had EBITDA of -$2.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is CBL International Limited's gross margin?
CBL International Limited (BANL) had a gross margin of 0.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is CBL International Limited's operating margin?
CBL International Limited (BANL) had an operating margin of -0.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is CBL International Limited's net profit margin?
CBL International Limited (BANL) had a net profit margin of -0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is CBL International Limited's return on equity (ROE)?
CBL International Limited (BANL) has a return on equity of -15.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is CBL International Limited's free cash flow?
CBL International Limited (BANL) generated $4.0M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is CBL International Limited's operating cash flow?
CBL International Limited (BANL) generated $4.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are CBL International Limited's total assets?
CBL International Limited (BANL) had $75.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are CBL International Limited's capital expenditures?
CBL International Limited (BANL) invested $3K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is CBL International Limited's current ratio?
CBL International Limited (BANL) had a current ratio of 1.35 as of fiscal year 2025, which is considered adequate.
What is CBL International Limited's liabilities-to-equity ratio?
CBL International Limited (BANL) had a liabilities-to-equity ratio of 2.81 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is CBL International Limited's return on assets (ROA)?
CBL International Limited (BANL) had a return on assets of -4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is CBL International Limited's P/E ratio?
CBL International Limited (BANL) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $8.5M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CBL International Limited's price-to-sales ratio?
CBL International Limited (BANL) trades at 0.0x sales, its market capitalization divided by $538.5M revenue, FY2025. The market capitalization is $8.5M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CBL International Limited's Altman Z-Score?
CBL International Limited (BANL) has an Altman Z-Score of 7.52, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is CBL International Limited's Piotroski F-Score?
CBL International Limited (BANL) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are CBL International Limited's earnings high quality?
CBL International Limited (BANL) reported a net loss of $3.0M while generating $4.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can CBL International Limited cover its interest payments?
CBL International Limited (BANL) reported an operating loss of $2.4M against $744K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is CBL International Limited?
CBL International Limited (BANL) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.