Cadiz (CDZI) Debt-to-Equity: 7.53 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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CDZI Cadiz Inc CDZI
62 GF Score
Price $3.48
GF Value $12.12
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Cadiz Debt-to-Equity?

Cadiz CDZI -4.26% 62 Debt-to-Equity is 7.53 as of Mar. 2026. GuruFocus rates CDZI with a GF Score™ of 62/100 and a GF Value™ of $12.12 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 473 Utilities - Regulated companies, Cadiz ranks worse than 98.31% on this metric.

Cadiz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.37 Mil. Cadiz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $117.20 Mil. Cadiz's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $15.61 Mil. Cadiz's debt to equity for the quarter that ended in Mar. 2026 was 7.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

CDZI' s Debt-to-Equity Range Over the Past 10 Years
Min: -20.47   Med: -1.72   Max: 7.53
Current: 7.53

During the past 13 years, the highest Debt-to-Equity Ratio of Cadiz was 7.53. The lowest was -20.47. And the median was -1.72.

CDZI's Debt-to-Equity is ranked worse than
98.31% of 473 companies
in the Utilities - Regulated industry
Industry Median: 0.99 vs CDZI: 7.53

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cadiz Debt-to-Equity Related Terms


Cadiz Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Cadiz's Debt-to-Equity 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.

Cadiz Debt-to-Equity Chart

Cadiz Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.06 1.53 2.53 4.48

Cadiz Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 1.98 2.50 3.27 4.48 7.53

CDZI vs ARTNA, PCYO, GWRS: Debt-to-Equity Comparison

For the Utilities - Regulated Water subindustry, Cadiz's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Utilities - Regulated Industry

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

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


CDZI
62GF Score
Cadiz Inc CDZI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Cadiz Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cadiz's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Cadiz's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 7.53 mean?
Cadiz (CDZI) has a Debt-to-Equity of 7.53 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cadiz and its competitors. According to the industry distribution chart, Cadiz ranks #465 out of 473 companies in the Utilities - Regulated industry, placing it in the top 98.3%.
Is Cadiz's Debt-to-Equity too high?
Cadiz's current Debt-to-Equity is 7.53. The Utilities - Regulated industry median Debt-to-Equity is 0.99. Cadiz's value of 7.53 is 660.6% above this industry median. Based on the distribution chart, Cadiz ranks #465 out of 473 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Cadiz has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cadiz's Debt-to-Equity compare to ARTNA and PCYO?
According to the Utilities - Regulated industry distribution chart, Cadiz ranks #465 out of 473 companies for Debt-to-Equity. This places Cadiz in the lower half of its industry. The industry median Debt-to-Equity is 0.99. Cadiz's value of 7.53 is 660.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.99, based on 473 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cadiz's current Debt-to-Equity of 7.53 is 660.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cadiz and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadiz's current Debt-to-Equity is 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadiz stock overvalued right now?
Based on GuruFocus' analysis, Cadiz (CDZI) is currently considered Possible Value Trap. The stock's GF Value™ is $12.12, compared to a current price of $3.48 — trading 71.3% below its estimated fair value. The current Debt-to-Equity is 7.53 and 660.6% above the Utilities - Regulated industry median of 0.99. Cadiz's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cadiz (CDZI), the current Debt-to-Equity is 7.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cadiz (CDZI) Overvalued in 2026?

Based on GuruFocus' analysis, Cadiz stock appears to be undervalued. The current stock price of $3.48 is trading 71.3% below its estimated GF Value™ of $12.12. GuruFocus considers Cadiz to be Possible Value Trap.

Key valuation signals for CDZI:

  • Debt-to-Equity: 7.53
  • GF Value™: $12.12 vs. price of $3.48 (71.3% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 660.6% above the Utilities - Regulated median (#465 of 473)

No single metric tells the full story. See the CDZI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cadiz Business Description

Other Exchanges 0HS4:UK2ZC:Germany
Address 550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a water solutions provider, dedicated to delivering clean, reliable, and affordable water for people. It provides water solutions with a combination of land, water, pipeline, and water filtration assets located in Southern California between key water systems serving population centers in the Southwestern United States. The company operates in two reportable segments; Land and Water Resources segment, comprises all activities regarding its properties in the eastern Mojave Desert, pre-revenue development of the Mojave Groundwater Bank (supply, storage, and conveyance), and agricultural operations; and the Water Filtration Technology segment, generating maximum revenue engaged in providing water filtration solutions for impaired or contaminated groundwater sources.
62GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.48
Price
$12.12
GF Value