What is Cadus Financial Strength?
Cadus has the Financial Strength Rank of 0.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Cadus has no long-term debt (1).
As of today, Cadus's Altman Z-Score is 0.00.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Cadus's Financial Strength
For the Real Estate - Development subindustry, Cadus's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Cadus's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Cadus's Financial Strength distribution charts can be found below:
* The bar in red indicates where Cadus's Financial Strength falls into.
Cadus Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
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:
Cadus's Interest Expense for the
months ended in Mar. 2018 was $0.00 Mil. Its Operating Income for the
months ended in Mar. 2018 was $-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $0.00 Mil.
Cadus's Interest Coverage for the quarter that ended in Mar. 2018 is
| Cadus had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Cadus's Debt to Revenue Ratio for the quarter that ended in Mar. 2018 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Cadus has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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.
Cadus (KDUS) Business Description
Traded in Other Exchanges
N/A
Address
Cadus Corp is engaged in purchasing land and residential homes for construction or renovation and resale in areas of the United States. It has predominantly concentrated its real estate acquisition, renovation and construction activities in South Florida. The majority of the properties are waterfront properties. It purchases individual homes to renovate them for resale or to demolish them for new home construction and sale. When vacant lots are purchased, the company intends to construct new homes on them for sale.
Executives
| Carl C Icahn |
10 percent owner |
C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160 |
| Jack Gumpert Wasserman |
director |
510 EAST 86TH STREET, NEW YORK NY 10028-7504 |
| Hunter Clark Gary |
director |
C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
| Brett Icahn |
director |
C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
| Moab Capital Partners Llc |
10 percent owner |
PO BOX 352, SHORT HILLS NJ 07078 |
| Michael Rothenberg |
10 percent owner |
15 EAST 62ND STREET, NEW YORK NY 10021 |
| Moab Gp Llc |
10 percent owner |
15 EAST 62ND STREET, NEW YORK NY 10021 |
| Moab Partners Lp |
10 percent owner |
PO BOX 352, SHORT HILLS NJ 07078 |
| Russell D Glass |
director |
170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087 |
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