Cadiz Financials

CDZI Stock  USD 3.49  0.12  3.56%   
Based on the key measurements obtained from Cadiz's financial statements, Cadiz Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. As of now, Cadiz's Common Stock Shares Outstanding is increasing as compared to previous years. The Cadiz's current Non Current Liabilities Total is estimated to increase to about 87.3 M, while Total Assets are projected to decrease to under 72.8 M. Key indicators impacting Cadiz's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.311.3745
Sufficiently Down
Pretty Stable
Investors should never underestimate Cadiz's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cadiz's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cadiz Inc.

Net Income

(29.87 Million)

  
Understanding current and past Cadiz Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cadiz's financial statements are interrelated, with each one affecting the others. For example, an increase in Cadiz's assets may result in an increase in income on the income statement.

Cadiz Stock Summary

Cadiz competes with Middlesex Water, SJW Group, California Water, York Water, and Consolidated Water. Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States. Cadiz Inc. was founded in 1983 and is headquartered in Los Angeles, California. Cadiz operates under UtilitiesRegulated Water classification in the United States and is traded on NASDAQ Exchange. It employs 10 people.
Specialization
Utilities, Utilities - Regulated Water
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1275372076
CUSIP127537207 127537108 127549103
LocationCalifornia; U.S.A
Business Address550 South Hope
SectorWater Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.cadizinc.com
Phone213 271 1600
CurrencyUSD - US Dollar

Cadiz Key Financial Ratios

Cadiz Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets76.7M74.4M112.5M110.8M107.4M72.8M
Net Debt137.7M88.5M57.8M60.4M56.7M78.5M
Retained Earnings(501.6M)(539.4M)(573.4M)(603.3M)(639.9M)(607.9M)
Other Assets6.1M7.7M12.3M7.9M7.2M6.5M
Total Liab158.8M99.7M71.9M76.6M67.4M97.0M
Accounts Payable194K548K286K1.1M1.2M2.1M
Cash15.7M7.3M11.0M10.0M4.5M8.6M
Net Receivables49K55K270K454K904K1.6M
Total Current Assets16.1M8.0M13.2M12.4M8.0M11.5M
Other Current Liab44K2.5M2.1M4.3M3.8M4.0M
Other Current Assets386K1.4M2.0M1.1M508K764.3K
Common Stock285K368K436K556K665K698.3K
Short Term Debt75K66K155K249K436K414.2K
Long Term Debt137.6M78.6M46.5M49.0M37.7M35.8M
Net Tangible Assets(85.9M)(29.1M)36.8M28.5M32.8M34.4M
Long Term Debt Total13.3M136.2M153.3M78.6M90.4M105.3M
Capital Surpluse364.8M383.5M419.2M513.7M590.8M401.8M

Cadiz Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense17.0M10.9M9.6M8.3M5.6M7.8M
Total Revenue441K541K564K1.5M2.0M1.9M
Gross Profit441K541K126K(566K)(896K)(851.2K)
Operating Income(12.0M)(11.8M)(17.5M)(16.6M)(20.9M)(19.9M)
Ebit(12.0M)(24.0M)(18.3M)(16.6M)(25.9M)(24.6M)
Ebitda(11.8M)(23.6M)(17.9M)(15.9M)(24.5M)(23.3M)
Income Before Tax(29.0M)(35.6M)(30.3M)(24.8M)(31.4M)(29.9M)
Net Income(29.0M)(35.6M)(30.3M)(24.8M)(31.4M)(29.9M)
Interest Income223K226K60K0.0631K599.5K
Net Interest Income(17.0M)(11.7M)(12.0M)(8.3M)(5.8M)(6.0M)

Cadiz Key Cash Accounts

201920202021202220232024 (projected)
Free Cash Flow(15.3M)(19.2M)(38.2M)(22.0M)(26.7M)(25.4M)
Depreciation265K381K438K672K1.4M2.3M
Other Non Cash Items15.5M9.8M9.4M4.2M9.1M5.1M
Capital Expenditures1.6M5.7M22.9M3.4M5.8M6.1M
Net Income(29.5M)(37.8M)(31.2M)(24.8M)(31.4M)(29.9M)
End Period Cash Flow15.8M7.4M19.9M13.8M4.6M8.1M
Change In Cash3.1M(8.4M)12.4M(6.1M)(9.1M)(8.7M)
Change To Inventory3.7M(178K)(707K)(236K)(1.8M)(1.7M)
Change Receivables3K(2K)(11K)(6K)(5.4K)(5.1K)
Net Borrowings(59K)107K(27.5M)117K105.3K100.0K
Change To Netincome1.3M25.2M12.4M3.7M4.3M6.5M
Investments(904K)(9.8M)(23.5M)(4.1M)(5.4M)(5.7M)

Cadiz Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cadiz's current stock value. Our valuation model uses many indicators to compare Cadiz value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cadiz competition to find correlations between indicators driving Cadiz's intrinsic value. More Info.
Cadiz Inc is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . As of now, Cadiz's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cadiz's earnings, one of the primary drivers of an investment's value.

Cadiz Inc Systematic Risk

Cadiz's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cadiz volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Cadiz Inc correlated with the market. If Beta is less than 0 Cadiz generally moves in the opposite direction as compared to the market. If Cadiz Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cadiz Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cadiz is generally in the same direction as the market. If Beta > 1 Cadiz moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Cadiz Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cadiz's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cadiz growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.46)

As of now, Cadiz's Price Earnings To Growth Ratio is increasing as compared to previous years.

Cadiz November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cadiz help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cadiz Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cadiz Inc based on widely used predictive technical indicators. In general, we focus on analyzing Cadiz Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cadiz's daily price indicators and compare them against related drivers.

Complementary Tools for Cadiz Stock analysis

When running Cadiz's price analysis, check to measure Cadiz's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadiz is operating at the current time. Most of Cadiz's value examination focuses on studying past and present price action to predict the probability of Cadiz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadiz's price. Additionally, you may evaluate how the addition of Cadiz to your portfolios can decrease your overall portfolio volatility.
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