Cadiz EBITDA vs. Return On Asset
| CDZI Stock | USD 2.32 0.14 5.69% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -19.6 M | Current Value -18.6 M | Quarterly Volatility 5.1 M |
For Cadiz profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cadiz to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cadiz Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cadiz's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cadiz Inc over time as well as its relative position and ranking within its peers.
Cadiz |
Is Cadiz's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadiz. If investors know Cadiz will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadiz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.56) | Revenue Per Share 0.03 | Quarterly Revenue Growth 0.192 | Return On Assets (0.12) | Return On Equity (0.85) |
The market value of Cadiz Inc is measured differently than its book value, which is the value of Cadiz that is recorded on the company's balance sheet. Investors also form their own opinion of Cadiz's value that differs from its market value or its book value, called intrinsic value, which is Cadiz's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadiz's market value can be influenced by many factors that don't directly affect Cadiz's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadiz's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadiz is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadiz's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cadiz Inc Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cadiz's current stock value. Our valuation model uses many indicators to compare Cadiz value to that of its competitors to determine the firm's financial worth. Cadiz Inc is number one stock in ebitda category among related companies. It is number one stock in return on asset category among related companies . As of now, Cadiz's EBITDA is decreasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Cadiz by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cadiz's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cadiz's earnings, one of the primary drivers of an investment's value.Cadiz Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Cadiz |
| = | (19.57 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Cadiz |
| = | -0.12 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cadiz Return On Asset Comparison
Cadiz is currently under evaluation in return on asset category among related companies.
Cadiz Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cadiz, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cadiz will eventually generate negative long term returns. The profitability progress is the general direction of Cadiz's change in net profit over the period of time. It can combine multiple indicators of Cadiz, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | (900.00) | (945.00) | |
| Operating Income | -20.9 M | -19.9 M | |
| Income Before Tax | -31.4 M | -29.9 M | |
| Total Other Income Expense Net | -10.5 M | -11 M | |
| Net Loss | -31.4 M | -29.9 M | |
| Income Tax Expense | 11 K | 10.4 K | |
| Net Loss | -31.5 M | -33.1 M | |
| Net Loss | -26.9 M | -28.3 M | |
| Non Operating Income Net Other | -13.1 M | -12.4 M | |
| Interest Income | 567.9 K | 539.5 K | |
| Net Interest Income | -5.8 M | -6 M | |
| Change To Netincome | 4.3 M | 6.5 M | |
| Net Loss | (0.48) | (0.50) | |
| Income Quality | 0.67 | 0.54 | |
| Net Income Per E B T | 1.00 | 1.17 |
Cadiz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cadiz. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cadiz position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cadiz's important profitability drivers and their relationship over time.
Use Cadiz in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadiz position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadiz will appreciate offsetting losses from the drop in the long position's value.Cadiz Pair Trading
Cadiz Inc Pair Trading Analysis
The ability to find closely correlated positions to Cadiz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadiz when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadiz - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadiz Inc to buy it.
The correlation of Cadiz is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadiz moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadiz Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadiz can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Cadiz position
In addition to having Cadiz in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Almost Nothing Thematic Idea Now
Almost Nothing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Almost Nothing theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Almost Nothing Theme or any other thematic opportunities.
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Check out Trending Equities. Note that the Cadiz Inc information on this page should be used as a complementary analysis to other Cadiz's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Cadiz Stock analysis
When running Cadiz's price analysis, check to measure Cadiz's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadiz is operating at the current time. Most of Cadiz's value examination focuses on studying past and present price action to predict the probability of Cadiz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadiz's price. Additionally, you may evaluate how the addition of Cadiz to your portfolios can decrease your overall portfolio volatility.
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To fully project Cadiz's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cadiz Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cadiz's income statement, its balance sheet, and the statement of cash flows.