GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cadiz Inc (NAS:CDZI) » Definitions » Net Cash per Share

Cadiz (CDZI) Net Cash per Share : $-0.94 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Cadiz Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Cadiz's Net Cash per Share for the quarter that ended in Dec. 2023 was $-0.94.

The historical rank and industry rank for Cadiz's Net Cash per Share or its related term are showing as below:

CDZI's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 11.71
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cadiz Net Cash per Share Historical Data

The historical data trend for Cadiz's Net Cash per Share 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 Net Cash per Share Chart

Cadiz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.03 -2.50 -1.40 -1.19 -0.94

Cadiz Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial 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 -1.19 -0.61 -0.74 -0.80 -0.94

Competitive Comparison of Cadiz's Net Cash per Share

For the Utilities - Regulated Water subindustry, Cadiz's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Cadiz's Price-to-Net-Cash falls into.



Cadiz Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Cadiz's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.502-67.407-0)/66.7108
=-0.94

Cadiz's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.502-67.407-0)/66.7108
=-0.94

* 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) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Cadiz Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Cadiz's Net Cash per Share 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