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Cadiz (CDZI) Equity-to-Asset

: 0.37 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cadiz's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39.97 Mil. Cadiz's Total Assets for the quarter that ended in Dec. 2023 was $107.37 Mil. Therefore, Cadiz's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

The historical rank and industry rank for Cadiz's Equity-to-Asset or its related term are showing as below:

CDZI' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.24   Med: -0.7   Max: 0.37
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Cadiz was 0.37. The lowest was -1.24. And the median was -0.70.

CDZI's Equity-to-Asset is ranked worse than
50.58% of 520 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs CDZI: 0.37

Cadiz Equity-to-Asset Historical Data

The historical data trend for Cadiz's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cadiz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.07 -0.34 0.36 0.31 0.37

Cadiz Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.48 0.44 0.42 0.37

Competitive Comparison

For the Utilities - Regulated Water subindustry, Cadiz's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cadiz Equity-to-Asset Distribution

For the Utilities - Regulated industry and Utilities sector, Cadiz's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cadiz's Equity-to-Asset falls into.



Cadiz Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Cadiz's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=39.967/107.374
=0.37

Cadiz's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=39.967/107.374
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cadiz  (NAS:CDZI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Cadiz Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cadiz's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cadiz (CDZI) Business Description

Traded in Other Exchanges
Address
550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. The company operates in two segment- Land and Water Resources and ATEC Water Systems LLC.
Executives
Susan P Kennedy director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Winston H Hickox director C/O THOMAS PROPERTIES GROUP, INC., 515 SOUTH FLOWER STREET, 6TH FLOOR, LOS ANGELES CA 90071
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Scott S Slater director, officer: Chief Executive Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Heerema International Group Services Sa 10 percent owner ROUTE DE FLORISSANT 81, GENEVE V8 1206
Kenneth T Lombard director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Richard Garcia Polanco director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Stephen E Courter director C/O CADIZ INC., 550 SOUTH HOPE STREET, 2850, LOS ANGELES X1 90071
Webb De Macias Carolyn D director 304 NORTH ALMANSOR STREET, ALHAMBRA CA 91801
Maria Echaveste director 1511 ARCH STREET, BERKELEY CA 94708
Odey Asset Management Llp 10 percent owner 18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Holdings Ltd 10 percent owner 18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Odey Robin Crispin William 10 percent owner 18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Asset Management Group Ltd 10 percent owner 18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Keith Brackpool director, officer: Chief Executive Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071