Reed's Statistics
Total Valuation
Reed's has a market cap or net worth of $5.74 million. The enterprise value is $31.61 million.
| Market Cap | 5.74M |
| Enterprise Value | 31.61M |
Important Dates
The last earnings date was Thursday, August 10, 2023, after market close.
| Earnings Date | Aug 10, 2023 |
| Ex-Dividend Date | n/a |
Share Statistics
Reed's has 4.19 million shares outstanding. The number of shares has increased by 63.58% in one year.
| Shares Outstanding | 4.19M |
| Shares Change (YoY) | +63.58% |
| Shares Change (QoQ) | +18.36% |
| Owned by Insiders (%) | 36.36% |
| Owned by Institutions (%) | 19.38% |
| Float | 1.84M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.13 |
| Forward PS | 0.11 |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.73 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.73
| Current Ratio | 0.73 |
| Quick Ratio | 0.15 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -10.52 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -66.70% |
| Return on Capital (ROIC) | -137.01% |
| Revenue Per Employee | $2.05M |
| Profits Per Employee | -$611,381 |
| Employee Count | 21 |
| Asset Turnover | 2.08 |
| Inventory Turnover | 2.40 |
Taxes
| Income Tax | -1.81M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -49.63% in the last 52 weeks. The beta is 1.17, so Reed's's price volatility has been higher than the market average.
| Beta (5Y) | 1.17 |
| 52-Week Price Change | -49.63% |
| 50-Day Moving Average | 1.52 |
| 200-Day Moving Average | 2.01 |
| Relative Strength Index (RSI) | 53.59 |
| Average Volume (20 Days) | 3,783 |
Short Selling Information
The latest short interest is 107,676, so 2.57% of the outstanding shares have been sold short.
| Short Interest | 107,676 |
| Short Previous Month | 4.57M |
| Short % of Shares Out | 2.57% |
| Short % of Float | 5.84% |
| Short Ratio (days to cover) | 2.80 |
Income Statement
In the last 12 months, Reed's had revenue of $43.15 million and -$12.84 million in losses. Loss per share was -$3.59.
| Revenue | 43.15M |
| Gross Profit | 10.43M |
| Operating Income | -7.49M |
| Pretax Income | -12.84M |
| Net Income | -12.84M |
| EBITDA | -7.43M |
| EBIT | -7.55M |
| Loss Per Share | -$3.59 |
Balance Sheet
The company has $314,000 in cash and $26.19 million in debt, giving a net cash position of -$25.88 million or -$6.18 per share.
| Cash & Cash Equivalents | 314,000 |
| Total Debt | 26.19M |
| Net Cash | -25.88M |
| Net Cash Per Share | -$6.18 |
| Equity (Book Value) | -20.73M |
| Book Value Per Share | -4.95 |
| Working Capital | -6.85M |
Cash Flow
In the last 12 months, operating cash flow was -$7.78 million and capital expenditures -$105,000, giving a free cash flow of -$7.88 million.
| Operating Cash Flow | -7.78M |
| Capital Expenditures | -105,000 |
| Free Cash Flow | -7.88M |
| FCF Per Share | -$1.88 |
Margins
Gross margin is 24.17%, with operating and profit margins of -17.36% and -29.76%.
| Gross Margin | 24.17% |
| Operating Margin | -17.36% |
| Pretax Margin | -29.76% |
| Profit Margin | -29.76% |
| EBITDA Margin | -17.21% |
| EBIT Margin | -17.50% |
| FCF Margin | -18.27% |
Dividends & Yields
Reed's does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -63.58% |
| Shareholder Yield | -63.58% |
| Earnings Yield | -223.81% |
| FCF Yield | -137.42% |
Analyst Forecast
The average price target for Reed's is $7.00, which is 410.95% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $7.00 |
| Price Target Difference | 410.95% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 27, 2023. It was a reverse split with a ratio of 1:50.
| Last Split Date | Jan 27, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:50 |
Scores
Reed's has an Altman Z-Score of -9.6 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -9.6 |
| Piotroski F-Score | 3 |