Cadiz Balance Sheet Health
Financial Health criteria checks 4/6
Cadiz has a total shareholder equity of $20.7M and total debt of $55.8M, which brings its debt-to-equity ratio to 269.8%. Its total assets and total liabilities are $112.6M and $91.9M respectively.
Key information
269.8%
Debt to equity ratio
US$55.84m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.33m |
| Equity | US$20.70m |
| Total liabilities | US$91.85m |
| Total assets | US$112.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDZI.P's short term assets ($12.0M) exceed its short term liabilities ($8.8M).
Long Term Liabilities: CDZI.P's short term assets ($12.0M) do not cover its long term liabilities ($83.0M).
Debt to Equity History and Analysis
Debt Level: CDZI.P's net debt to equity ratio (253.7%) is considered high.
Reducing Debt: CDZI.P 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: CDZI.P has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CDZI.P is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.