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
We Think Cadiz (NASDAQ:CDZI) Has A Fair Chunk Of Debt
Jan 19
Here's Why Cadiz (NASDAQ:CDZI) Can Afford Some Debt
Jun 13Does Cadiz (NASDAQ:CDZI) Have A Healthy Balance Sheet?
Nov 08Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?
Jul 13Cadiz (NASDAQ:CDZI) Is Carrying A Fair Bit Of Debt
Mar 28Here's Why Cadiz (NASDAQ:CDZI) Can Afford Some Debt
Dec 14Recent updates
We Think Cadiz (NASDAQ:CDZI) Has A Fair Chunk Of Debt
Jan 19Here's Why Cadiz (NASDAQ:CDZI) Can Afford Some Debt
Jun 13Does Cadiz (NASDAQ:CDZI) Have A Healthy Balance Sheet?
Nov 08Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?
Jul 13Cadiz (NASDAQ:CDZI) Is Carrying A Fair Bit Of Debt
Mar 28Here's Why Cadiz (NASDAQ:CDZI) Can Afford Some Debt
Dec 14Shareholders Will Probably Hold Off On Increasing Cadiz Inc.'s (NASDAQ:CDZI) CEO Compensation For The Time Being
Jun 11When Can We Expect A Profit From Cadiz Inc. (NASDAQ:CDZI)?
May 13Have Insiders Been Selling Cadiz Inc. (NASDAQ:CDZI) Shares This Year?
Jan 28Could The Cadiz Inc. (NASDAQ:CDZI) Ownership Structure Tell Us Something Useful?
Dec 04
Financial Position Analysis
Short Term Liabilities: CDZI's short term assets ($8.0M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: CDZI's short term assets ($8.0M) do not cover its long term liabilities ($61.6M).
Debt to Equity History and Analysis
Debt Level: CDZI's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: CDZI 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 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CDZI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.