Cadiz Balance Sheet Health
Financial Health criteria checks 4/6
Cadiz has a total shareholder equity of $40.0M and total debt of $37.9M, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are $107.4M and $67.4M respectively.
Key information
94.8%
Debt to equity ratio
US$37.89m
Debt
Interest coverage ratio | n/a |
Cash | US$4.50m |
Equity | US$39.97m |
Total liabilities | US$67.41m |
Total assets | US$107.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2ZC's short term assets ($8.0M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: 2ZC's short term assets ($8.0M) do not cover its long term liabilities ($61.6M).
Debt to Equity History and Analysis
Debt Level: 2ZC's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: 2ZC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2ZC has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2ZC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.