Cadiz Balance Sheet Health
Financial Health criteria checks 2/6
Cadiz has a total shareholder equity of $36.6M and total debt of $54.4M, which brings its debt-to-equity ratio to 148.6%. Its total assets and total liabilities are $125.5M and $88.9M respectively.
Key information
148.6%
Debt to equity ratio
US$54.40m
Debt
Interest coverage ratio | n/a |
Cash | US$19.21m |
Equity | US$36.61m |
Total liabilities | US$88.90m |
Total assets | US$125.51m |
Recent financial health updates
Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?
Jul 14We 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 28Recent updates
Is Cadiz (NASDAQ:CDZI) Using Too Much Debt?
Jul 14We 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 04Financial Position Analysis
Short Term Liabilities: CDZI's short term assets ($24.5M) exceed its short term liabilities ($8.6M).
Long Term Liabilities: CDZI's short term assets ($24.5M) do not cover its long term liabilities ($80.3M).
Debt to Equity History and Analysis
Debt Level: CDZI's net debt to equity ratio (96.1%) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CDZI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.7% each year