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LIEN Stock Analysis 2026 - Chicago Atlantic BDC, Inc. AI Rating

LIEN Nasdaq MD CIK: 0001843162
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-12-31
SELL
68% Conf
Pending
Analysis scheduled

📊 LIEN Key Takeaways

Revenue: $7.7M
Net Margin: 432.1%
Free Cash Flow: $-20.5M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $1.46
AI Rating: SELL with 68% confidence

Is LIEN a Good Investment? Thesis Analysis

Claude

Chicago Atlantic BDC shows strong reported earnings (33.3M, +245.8% YoY) but faces critical cash generation concerns with negative operating cash flow of -20.5M, indicating earnings are driven by non-cash investment gains rather than sustainable operations. The severely depleted cash position of only 2.9M relative to a 342M asset base creates material liquidity risk, despite a solid balance sheet structure with low leverage.

Why Buy LIEN? Key Strengths

Claude
  • + Strong balance sheet with low leverage (0.00x Debt/Equity) and equity substantially exceeding liabilities
  • + Significant YoY earnings growth (245.8% net income, 57% EPS increase) reflecting investment gains
  • + Reasonable returns on equity (11.0%) and assets (9.7%) demonstrate capital productivity

LIEN Investment Risks to Consider

Claude
  • ! Severe disconnect between positive earnings and negative operating cash flow (-20.5M) indicates poor quality of earnings driven by unrealized investment gains
  • ! Critically low cash position (2.9M) relative to 342M asset base creates acute liquidity vulnerability
  • ! Operating cash burn of 20.5M against 7.7M revenue is unsustainable without access to capital markets or investment liquidation

Key Metrics to Watch

Claude
  • * Operating Cash Flow trend - essential indicator of earnings quality and cash generation sustainability
  • * Cash and liquid assets position - monitor ability to meet obligations and funding needs
  • * Composition of net income - distinguish realized gains from unrealized mark-to-market adjustments

LIEN Financial Metrics

Revenue
$7.7M
Net Income
$33.3M
EPS (Diluted)
$1.46
Free Cash Flow
$-20.5M
Total Assets
$342.0M
Cash Position
$2.9M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

LIEN Profitability Ratios

Gross Margin N/A
Operating Margin N/A
Net Margin 432.1%
ROE 11.0%
ROA 9.7%
FCF Margin -265.9%

LIEN vs Default Sector

How Chicago Atlantic BDC, Inc. compares to Default sector averages

Net Margin
LIEN 432.1%
vs
Sector Avg 12.0%
LIEN Sector
ROE
LIEN 11.0%
vs
Sector Avg 15.0%
LIEN Sector
Current Ratio
LIEN 0.0x
vs
Sector Avg 1.8x
LIEN Sector
Debt/Equity
LIEN 0.0x
vs
Sector Avg 0.7x
LIEN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is LIEN Overvalued or Undervalued?

Based on fundamental analysis, Chicago Atlantic BDC, Inc. appears fundamentally strong relative to the Default sector in 2026.

Return on Equity
11.0%
Sector avg: 15%
Net Profit Margin
432.1%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

LIEN Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
11.3%
Interest Coverage
N/A
Long-term Debt
N/A

LIEN 5-Year Financial Trend & Growth Analysis

LIEN 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Chicago Atlantic BDC, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.18 reflects profitable operations.

LIEN Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-265.9%
Free cash flow / Revenue

LIEN Capital Allocation

Operating Cash Flow
-$20.5M
Cash generated from operations
Dividends Paid
$23.3M
Returned to shareholders

LIEN SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for Chicago Atlantic BDC, Inc. (CIK: 0001843162)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 8-K ea0282548-8k_chicago.htm View →
Mar 19, 2026 10-K lien-20251231.htm View →
Dec 19, 2025 8-K ea0270425-8k_chicago.htm View →
Dec 1, 2025 8-K ea026801601-8k_chicagoatl.htm View →
Nov 13, 2025 8-K ea026506001-8k_chicagoatl.htm View →

Frequently Asked Questions about LIEN

What is the AI rating for LIEN?

Chicago Atlantic BDC, Inc. (LIEN) has an AI rating of SELL with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are LIEN's key strengths?

Claude: Strong balance sheet with low leverage (0.00x Debt/Equity) and equity substantially exceeding liabilities. Significant YoY earnings growth (245.8% net income, 57% EPS increase) reflecting investment gains.

What are the risks of investing in LIEN?

Claude: Severe disconnect between positive earnings and negative operating cash flow (-20.5M) indicates poor quality of earnings driven by unrealized investment gains. Critically low cash position (2.9M) relative to 342M asset base creates acute liquidity vulnerability.

What is LIEN's revenue and growth?

Chicago Atlantic BDC, Inc. reported revenue of $7.7M.

Does LIEN pay dividends?

Chicago Atlantic BDC, Inc. pays dividends, with $23.3M distributed to shareholders in the trailing twelve months.

Where can I find LIEN SEC filings?

Official SEC filings for Chicago Atlantic BDC, Inc. (CIK: 0001843162) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LIEN's EPS?

Chicago Atlantic BDC, Inc. has a diluted EPS of $1.46.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is LIEN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Chicago Atlantic BDC, Inc. has a SELL rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is LIEN stock overvalued or undervalued?

Valuation metrics for LIEN: ROE of 11.0% (sector avg: 15%), net margin of 432.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy LIEN stock in 2026?

Our dual AI analysis gives Chicago Atlantic BDC, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is LIEN's free cash flow?

Chicago Atlantic BDC, Inc.'s operating cash flow is $-20.5M, with capital expenditures of N/A. FCF margin is -265.9%.

How does LIEN compare to other Default stocks?

Vs Default sector averages: Net margin 432.1% (avg: 12%), ROE 11.0% (avg: 15%), current ratio N/A (avg: 1.8).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-12-31 | Powered by Claude AI