Cadiz (LTS:0HS4) Interest Expense : $-8.00 Mil (TTM As of Dec. 2024)

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What is Cadiz Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cadiz's interest expense for the three months ended in Dec. 2024 was $ -2.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-8.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Cadiz's Operating Income for the three months ended in Dec. 2024 was $ -6.63 Mil. Cadiz's Interest Expense for the three months ended in Dec. 2024 was $ -2.13 Mil. Cadiz did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cadiz Interest Expense Historical Data

The historical data trend for Cadiz's Interest Expense 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.

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Cadiz Interest Expense Chart

Cadiz Annual Data

Trend

Dec15

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Dec17

Dec18

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Dec20

Dec21

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Dec23

Dec24

Interest Expense

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-10.90

-9.60

-8.26

-5.58

-8.00

Cadiz Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-1.37	-1.70	-2.07	-2.11	-2.13

Cadiz Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.00 Mil.

Cadiz (LTS:0HS4) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cadiz's Interest Expense for the three months ended in Dec. 2024 was $-2.13 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-6.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $85.46 Mil.

Cadiz's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Cadiz did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Cadiz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cadiz Inc (LTS:0HS4) » Definitions » Interest Expense

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CDZI:USA 2ZC:Germany

Address

550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071

Website

https://www.cadizinc.com

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, which derives key revenue, and 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, which provides water filtration solutions for impaired or contaminated groundwater sources.

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