CWD CaliberCos Inc.

Nasdaq Real Estate DE CIK: 0001627282
AI RATING
STRONG_SELL
95% Confidence

Investment Thesis

CaliberCos is in severe financial distress with a depleted equity base of only $1.3M against $140.9M in liabilities, generating massive operating losses (-138.1% margin) and negative cash flow of -$2.6M with merely $931K in cash reserves. The 32.2% revenue growth is overshadowed by fundamental operational failures and an unsustainable financial structure facing imminent liquidity crisis.

Strengths

  • + Revenue growth of 32.2% YoY demonstrates some market demand
  • + Net income improving 5.3% YoY from deeply negative base suggests cost containment efforts
  • + Real estate sector position with $179.6M in total assets provides potential collateral value

Risks

  • ! Catastrophic equity depletion: $1.3M equity vs $140.9M liabilities creates extreme bankruptcy risk
  • ! Critical liquidity crisis: $931K cash against -$2.6M operating cash flow provides <1 month runway
  • ! Fundamental operational failure: -138.1% operating margin indicates business model cannot sustain operations
  • ! Negative interest coverage (-4.6x) shows inability to service debt obligations
  • ! Zero insider buying activity signals complete management loss of confidence

Key Metrics to Watch

Financial Metrics

Revenue
4.3M
Net Income
-3.6M
EPS (Diluted)
$-0.52
Free Cash Flow
-2.6M
Total Assets
179.6M
Cash
931.0K

Profitability Ratios

Gross Margin N/A
Operating Margin -138.1%
Net Margin -84.3%
ROE -288.8%
ROA -2.0%
FCF Margin -61.4%

Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
78.4%
Interest Coverage
-4.58x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: 2026-05-15T09:04:49.704076 | Data as of: 2026-03-31 | Powered by Claude AI