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Cadiz Inc  (CDZI)
Other Ticker:  
 
    Sector  Utilities    Industry Water Supply
   Industry Water Supply
   Sector  Utilities

Cadiz Inc's Working Capital Ratio

CDZI's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Working Capital Ratio deteriorated to 2.8 below Cadiz Inc's average Working Capital Ratio.

Within Water Supply industry Cadiz Inc booked the highest Working Capital Ratio than Cadiz Inc in the third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1019 to 1240.

Explain Working Capital Ratio
How much in Current Assets CDZI´s has?
What is the value of CDZI´s Current Liabilities?


CDZI Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 113.16 % 93.36 % 149.7 % 20.83 % 20.12 %
Y / Y Current Assets Change 67.65 % 48.69 % 122.92 % -40.34 % -20.58 %
Working Capital Ratio MRQ 2.8 3.34 4.69 2.21 3.56
CDZI's Total Ranking # 1240 # 1019 # 1016 # 2245 # 1501
Seq. Current Liabilities Change -14.48 % 10.5 % 11.28 % 102.7 % -22.42 %
Seq. Current Assets Change -28.28 % -21.3 % 136.89 % 25.39 % -36.39 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Water Supply Industry # 1
Utilities Sector # 4
Overall Market # 1240


Working Capital Ratio Statistics
High Average Low
8.87 3.57 0.16
(Dec 31 2014)   (Sep 30 2016)




Financial Statements
Cadiz Inc's Current Liabilities $ 6 Millions Visit CDZI's Balance sheet
Cadiz Inc's Current Assets $ 17 Millions Visit CDZI's Balance sheet
Source of CDZI's Sales Visit CDZI's Sales by Geography


Cumulative Cadiz Inc's Working Capital Ratio

CDZI's Working Capital Ratio for the trailling 12 Months

CDZI Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 113.16 % 93.36 % 149.7 % 20.83 % 20.12 %
Y / Y Current Assets TTM Growth 67.65 % 48.69 % 122.92 % -40.34 % -20.58 %
Working Capital Ratio TTM 3.3 3.47 3.69 3.52 4.4
Total Ranking TTM # 3852 # 4073 # 3757 # 4258 # 1004
Seq. Current Liabilities TTM Growth -14.48 % 10.5 % 11.28 % 102.7 % -22.42 %
Seq. Current Assets TTM Growth -28.28 % -21.3 % 136.89 % 25.39 % -36.39 %


On the trailing twelve months basis Due to fall in Current Liabilities in the III Quarter 2023 to $5.93 millions, cumulative Working Capital Ratio decreased to 3.3 above the CDZI average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Water Supply industry 10 other companies have achieved higher Working Capital Ratio than Cadiz Inc. While Working Capital Ratio overall ranking has improved so far to 3852, from total ranking during the twelve months ending second quarter 2023 at 4073.

Explain Working Capital Ratio
How much in Current Assets CDZI´s has?
What is the value of CDZI´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Water Supply Industry # 11
Utilities Sector # 113
Within the Market # 3852


trailing twelve months Working Capital Ratio Statistics
High Average Low
5.88 3.12 0.3
(Dec. 30, 2014)   (March 31, 2016)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Water Supply Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Pure Cycle Corporation  4.57 $ 29.727  Millions$ 6.503  Millions
Consolidated Water Co ltd   4.14 $ 109.577  Millions$ 26.471  Millions
Cadiz Inc  2.80 $ 16.626  Millions$ 5.930  Millions
Artesian Resources Corp  1.25 $ 33.946  Millions$ 27.176  Millions
American Water Works Company Inc   1.03 $ 1,804.000  Millions$ 1,743.000  Millions
American States Water Company  0.98 $ 191.685  Millions$ 195.007  Millions
Global Water Resources Inc   0.86 $ 14.030  Millions$ 16.384  Millions
York Water Co  0.84 $ 16.110  Millions$ 19.131  Millions
California Water Service Group  0.79 $ 302.282  Millions$ 381.140  Millions
Sjw Group  0.74 $ 228.771  Millions$ 308.116  Millions

Date modified: 2023-11-14T19:18:51+00:00



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