Canlan Financial Statements From 2010 to 2025

ICE Stock  CAD 3.90  0.00  0.00%   
Canlan Ice financial statements provide useful quarterly and yearly information to potential Canlan Ice Sports investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Canlan Ice financial statements helps investors assess Canlan Ice's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Canlan Ice's valuation are summarized below:
Gross Profit
32.2 M
Profit Margin
(0.01)
Market Capitalization
54.7 M
Enterprise Value Revenue
0.9002
Revenue
89.9 M
We have found one hundred twenty available fundamental signals for Canlan Ice Sports, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Canlan Ice's prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 19th of March 2025, Market Cap is likely to drop to about 33.4 M. In addition to that, Enterprise Value is likely to drop to about 65.9 M

Canlan Ice Total Revenue

68.57 Million

Check Canlan Ice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canlan Ice's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.7 M, Interest Expense of 1.8 M or Selling General Administrative of 50.3 M, as well as many indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0257 or PTB Ratio of 1.16. Canlan financial statements analysis is a perfect complement when working with Canlan Ice Valuation or Volatility modules.
  
This module can also supplement various Canlan Ice Technical models . Check out the analysis of Canlan Ice Correlation against competitors.

Canlan Ice Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets98.5 M109.8 M123.3 M
Slightly volatile
Short and Long Term Debt Total48 M44.3 M55.6 M
Slightly volatile
Total Current Liabilities22.6 M26.2 M26.2 M
Pretty Stable
Total Stockholder Equity46.3 M51.4 M46.6 M
Pretty Stable
Property Plant And Equipment Net83.1 M84 M100.4 M
Slightly volatile
Net Debt40.8 M27.2 M42.1 M
Slightly volatile
Accounts Payable3.8 MM4.2 M
Slightly volatile
Cash23 M21.9 M14.8 M
Slightly volatile
Non Current Assets Total84.8 M88.3 M103.7 M
Slightly volatile
Non Currrent Assets Other1.2 M772.8 K1.2 M
Very volatile
Cash And Short Term Investments23 M21.9 M14.8 M
Slightly volatile
Net Receivables2.3 M2.7 MM
Slightly volatile
Common Stock Shares Outstanding10.8 M15.3 M12.5 M
Slightly volatile
Short Term Investments628.3 K472.6 K437.9 K
Pretty Stable
Liabilities And Stockholders Equity98.5 M109.8 M123.3 M
Slightly volatile
Non Current Liabilities Total41.9 M43.4 M51.8 M
Pretty Stable
Inventory843.6 K561.6 K891.1 K
Slightly volatile
Other Current Assets1.1 M1.1 M1.9 M
Pretty Stable
Other Stockholder Equity464.3 K488.7 K2.8 M
Slightly volatile
Total Liabilities64.4 M69.6 M78 M
Pretty Stable
Property Plant And Equipment Gross127.2 M241.4 M133.7 M
Slightly volatile
Total Current Assets18.9 M27.5 M20.3 M
Slightly volatile
Short Term Debt2.6 M2.7 M5.1 M
Pretty Stable
Intangible Assets320 K360 K392.5 K
Slightly volatile
Current Deferred Revenue4.8 MM10 M
Slightly volatile
Common Stock50.5 M56.8 M61.9 M
Slightly volatile
Other Liabilities1.5 M1.1 M1.2 M
Slightly volatile
Net Tangible Assets35.8 M36.4 M43.2 M
Slightly volatile
Other Assets1.091.152.4 M
Pretty Stable
Long Term Debt49.2 M47 M41.1 M
Slightly volatile
Short and Long Term Debt1.7 M1.8 M12.8 M
Slightly volatile
Property Plant Equipment108.7 M109.9 M98.1 M
Slightly volatile
Long Term Debt Total41.3 M38.6 M49.4 M
Slightly volatile
Capital Surpluse434.4 K488.7 K532.8 K
Slightly volatile
Capital Lease Obligations6.8 M7.3 M5.3 M
Slightly volatile
Cash And Equivalents12.6 M16.7 M16 M
Pretty Stable
Net Invested Capital75.7 M78.8 M94.3 M
Slightly volatile
Long Term Investments501.7 K315 K870.7 K
Slightly volatile
Common Stock Total Equity50.5 M56.8 M61.9 M
Slightly volatile
Capital Stock50.5 M56.8 M61.9 M
Slightly volatile
Non Current Liabilities Other756.8 K851.4 K928.3 K
Slightly volatile

Canlan Ice Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization5.7 M8.6 M6.6 M
Slightly volatile
Selling General Administrative50.3 M47.9 M35.8 M
Slightly volatile
Total Revenue68.6 M99.1 M73.5 M
Pretty Stable
Gross Profit13 M13.6 M47.4 M
Very volatile
Other Operating Expenses64 M96.9 M70 M
Pretty Stable
EBITDA10.5 M11 M10.5 M
Very volatile
Cost Of Revenue70.2 M66.9 M25.9 M
Pretty Stable
Total Operating Expenses10.9 M11.5 M44 M
Very volatile
Selling And Marketing Expenses8.1 M9.4 M9.9 M
Slightly volatile
Interest Income507 K533.7 K2.4 M
Slightly volatile
Reconciled Depreciation8.4 M8.6 M7.4 M
Slightly volatile

Canlan Ice Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow22.4 M21.3 M14 M
Slightly volatile
Depreciation5.7 M8.6 M6.6 M
Slightly volatile
Capital Expenditures5.6 M4.2 M8.9 M
Slightly volatile
End Period Cash Flow23 M21.9 M14.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.370.570.6577
Pretty Stable
Dividend Yield0.02570.03360.0252
Very volatile
PTB Ratio1.161.11.0325
Slightly volatile
Days Sales Outstanding19.6114.5717.4428
Pretty Stable
Book Value Per Share3.663.8511.1158
Slightly volatile
Capex To Depreciation0.670.712.7847
Slightly volatile
PB Ratio1.161.11.0325
Slightly volatile
EV To Sales1.541.131.3643
Very volatile
Inventory Turnover14413737.7596
Slightly volatile
Days Of Inventory On Hand2.622.7658.9669
Pretty Stable
Payables Turnover27.225.99.6178
Pretty Stable
Sales General And Administrative To Revenue0.440.430.4727
Slightly volatile
Capex To Revenue0.05880.06190.1294
Slightly volatile
Cash Per Share2.011.641.7155
Slightly volatile
Days Payables Outstanding13.8614.58182
Very volatile
Net Debt To EBITDA3.453.635.347
Very volatile
Current Ratio0.520.740.7392
Very volatile
Tangible Book Value Per Share3.663.8511.0959
Slightly volatile
Receivables Turnover21.9925.9227.5748
Pretty Stable
Graham Number1.711.89.2281
Slightly volatile
Shareholders Equity Per Share3.663.8510.7984
Slightly volatile
Debt To Equity1.631.271.2464
Pretty Stable
Capex Per Share0.380.45.3518
Slightly volatile
Revenue Per Share7.067.4311.5144
Slightly volatile
Interest Debt Per Share4.264.4917.496
Slightly volatile
Debt To Assets0.530.460.4515
Pretty Stable
Enterprise Value Over EBITDA12.3310.211.1478
Pretty Stable
Operating Cycle13.4614.1675.6634
Very volatile
Price Book Value Ratio1.161.11.0325
Slightly volatile
Days Of Payables Outstanding13.8614.58182
Very volatile
Effective Tax Rate1.511.440.515
Slightly volatile
Company Equity Multiplier3.293.142.7723
Slightly volatile
Long Term Debt To Capitalization0.560.550.5051
Pretty Stable
Total Debt To Capitalization0.640.60.5533
Slightly volatile
Debt Equity Ratio1.631.271.2464
Pretty Stable
Quick Ratio0.480.720.7045
Very volatile
Cash Ratio0.620.590.5277
Slightly volatile
Days Of Inventory Outstanding2.622.7658.9669
Pretty Stable
Days Of Sales Outstanding19.6114.5717.4428
Pretty Stable
Price To Book Ratio1.161.11.0325
Slightly volatile
Fixed Asset Turnover0.50.830.7237
Very volatile
Enterprise Value Multiple12.3310.211.1478
Pretty Stable
Debt Ratio0.530.460.4515
Pretty Stable
Price Sales Ratio0.370.570.6577
Pretty Stable
Asset Turnover0.420.640.5826
Pretty Stable
Gross Profit Margin0.120.13770.6495
Very volatile
Price Fair Value1.161.11.0325
Slightly volatile

Canlan Ice Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap33.4 M49.2 M44.9 M
Slightly volatile
Enterprise Value65.9 M76.4 M83 M
Slightly volatile

Canlan Fundamental Market Drivers

Cash And Short Term Investments19 M

About Canlan Ice Financial Statements

Canlan Ice investors utilize fundamental indicators, such as revenue or net income, to predict how Canlan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred RevenueM4.8 M
Total Revenue99.1 M68.6 M
Cost Of Revenue66.9 M70.2 M
Sales General And Administrative To Revenue 0.43  0.44 
Capex To Revenue 0.06  0.06 
Revenue Per Share 7.43  7.06 
Ebit Per Revenue 0.03  0.02 

Pair Trading with Canlan Ice

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canlan Ice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canlan Ice will appreciate offsetting losses from the drop in the long position's value.

Moving against Canlan Stock

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The ability to find closely correlated positions to Canlan Ice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canlan Ice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canlan Ice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canlan Ice Sports to buy it.
The correlation of Canlan Ice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canlan Ice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canlan Ice Sports moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canlan Ice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Canlan Stock

Canlan Ice financial ratios help investors to determine whether Canlan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canlan with respect to the benefits of owning Canlan Ice security.