Reed's, Inc. (REED)
Total Valuation
Reed's has a market cap or net worth of $8.21 million. The enterprise value is $34.26 million.
| Market Cap | 8.21M |
| Enterprise Value | 34.26M |
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 4.17 million shares outstanding. The number of shares has increased by 84.94% in one year.
| Shares Outstanding | 4.17M |
| Shares Change (YoY) | +84.94% |
| Shares Change (QoQ) | +31.12% |
| Owned by Insiders (%) | 62.17% |
| Owned by Institutions (%) | 25.50% |
| Float | 2.00M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.17 |
| Forward PS | 0.14 |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.71 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.85
| Current Ratio | 0.85 |
| Quick Ratio | 0.25 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -1.47 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -67.27% |
| Return on Capital (ROIC) | -51.02% |
| Revenue Per Employee | $2.18M |
| Profits Per Employee | -$754,864 |
| Employee Count | 22 |
| Asset Turnover | 2.02 |
| Inventory Turnover | 1.97 |
Taxes
In the past 12 months, Reed's has paid $1.72 million in taxes.
| Income Tax | 1.72M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -99.25% in the last 52 weeks. The beta is 1.42, so Reed's's price volatility has been higher than the market average.
| Beta (1Y) | 1.42 |
| 52-Week Price Change | -99.25% |
| 50-Day Moving Average | 2.92 |
| 200-Day Moving Average | 3.06 |
| Relative Strength Index (RSI) | 34.00 |
| Average Volume (30 Days) | 2,669 |
Short Selling Information
The latest short interest is 107,676, so 2.58% of the outstanding shares have been sold short.
| Short Interest | 107,676 |
| Short Previous Month | 4.57M |
| Short % of Shares Out | 2.58% |
| Short % of Float | 5.40% |
| Short Ratio (days to cover) | 2.80 |
Income Statement
In the last 12 months, Reed's had revenue of $48.06 million and -$16.61 million in losses. Loss per share was -$6.21.
| Revenue | 48.06M |
| Gross Profit | 12.69M |
| Operating Income | -7.29M |
| Pretax Income | -14.86M |
| Net Income | -16.61M |
| EBITDA | -7.19M |
| EBIT | -7.33M |
| Loss Per Share | -$6.21 |
Balance Sheet
The company has $1.00 million in cash and $27.06 million in debt, giving a net cash position of -$26.05 million or -$6.25 per share.
| Cash & Cash Equivalents | 1.00M |
| Total Debt | 27.06M |
| Net Cash | -26.05M |
| Net Cash Per Share | -$6.25 |
| Equity / Book Value | -12.76M |
| Book Value Per Share | -3.06 |
| Working Capital | -4.18M |
Cash Flow
In the last 12 months, operating cash flow was -$3.01 million and capital expenditures -$84,000, giving a free cash flow of -$3.09 million.
| Operating Cash Flow | -3.01M |
| Capital Expenditures | -84,000 |
| Free Cash Flow | -3.09M |
| FCF Per Share | -$0.74 |
Margins
Gross margin is 26.40%, with operating and profit margins of -15.18% and -34.56%.
| Gross Margin | 26.40% |
| Operating Margin | -15.18% |
| Pretax Margin | -30.91% |
| Profit Margin | -34.56% |
| EBITDA Margin | -14.95% |
| EBIT Margin | -15.25% |
| FCF Margin | -6.44% |
Dividends & Yields
Reed's does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | -202.20% |
| FCF Yield | -37.67% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -84.94% |
| Shareholder Yield | -84.94% |
Analyst Forecast
The average price target for Reed's is $7.00, which is 255.33% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $7.00 |
| Price Target Difference | 255.33% |
| 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 -6.6 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -6.6 |
| Piotroski F-Score | 3 |