Reed's Statistics
Total Valuation
Reed's has a market cap or net worth of $5.23 million. The enterprise value is $32.21 million.
| Market Cap | 5.23M |
| Enterprise Value | 32.21M |
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.
| Shares Outstanding | 4.19M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 35.38% |
| Owned by Institutions (%) | 19.38% |
| Float | 1.96M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.12 |
| Forward PS | 0.10 |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.72 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.65
| Current Ratio | 0.65 |
| Quick Ratio | 0.21 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -2.68 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | -91.63% |
| Return on Capital (ROIC) | -112.17% |
| Revenue Per Employee | $2.13M |
| Profits Per Employee | -$823,905 |
| Employee Count | 21 |
| Asset Turnover | 2.07 |
| Inventory Turnover | 2.55 |
Taxes
In the past 12 months, Reed's has paid $1.75 million in taxes.
| Income Tax | 1.75M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -35.00% in the last 52 weeks. The beta is 1.08, so Reed's's price volatility has been similar to the market average.
| Beta (1Y) | 1.08 |
| 52-Week Price Change | -35.00% |
| 50-Day Moving Average | 1.62 |
| 200-Day Moving Average | 2.31 |
| Relative Strength Index (RSI) | 35.99 |
| Average Volume (30 Days) | 4,924 |
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 | 5.49% |
| Short Ratio (days to cover) | 2.80 |
Income Statement
In the last 12 months, Reed's had revenue of $44.71 million and -$17.30 million in losses. Loss per share was -$3.73.
| Revenue | 44.71M |
| Gross Profit | 9.71M |
| Operating Income | -9.42M |
| Pretax Income | -15.52M |
| Net Income | -17.30M |
| EBITDA | -9.31M |
| EBIT | -9.45M |
| Loss Per Share | -$3.73 |
Balance Sheet
The company has $603,000 in cash and $27.58 million in debt, giving a net cash position of -$26.97 million or -$6.44 per share.
| Cash & Cash Equivalents | 603,000 |
| Total Debt | 27.58M |
| Net Cash | -26.97M |
| Net Cash Per Share | -$6.44 |
| Equity / Book Value | -19.18M |
| Book Value Per Share | -4.58 |
| Working Capital | -9.43M |
Cash Flow
In the last 12 months, operating cash flow was -$4.27 million and capital expenditures -$87,000, giving a free cash flow of -$4.35 million.
| Operating Cash Flow | -4.27M |
| Capital Expenditures | -87,000 |
| Free Cash Flow | -4.35M |
| FCF Per Share | -$1.04 |
Margins
Gross margin is 21.72%, with operating and profit margins of -21.06% and -38.70%.
| Gross Margin | 21.72% |
| Operating Margin | -21.06% |
| Pretax Margin | -34.72% |
| Profit Margin | -38.70% |
| EBITDA Margin | -20.82% |
| EBIT Margin | -21.14% |
| FCF Margin | -9.74% |
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 | n/a |
| Shareholder Yield | n/a |
| Earnings Yield | -330.56% |
| FCF Yield | -83.17% |
Analyst Forecast
The average price target for Reed's is $7.00, which is 460.00% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $7.00 |
| Price Target Difference | 460.00% |
| 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 -10.09 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -10.09 |
| Piotroski F-Score | 2 |