Canso Credit Financials
| PBY-UN Stock | CAD 15.60 0.02 0.13% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.67 | 0.35 |
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Canso | Select Account or Indicator |
Understanding current and past Canso Credit Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canso Credit's financial statements are interrelated, with each one affecting the others. For example, an increase in Canso Credit's assets may result in an increase in income on the income statement.
Please note, the presentation of Canso Credit's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canso Credit's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Canso Credit's management manipulating its earnings.
Canso Credit Stock Summary
Canso Credit competes with MINT Income, Canadian High, Blue Ribbon, and Australian REIT. Canso Credit Trust - Canso Credit Income Fund is a closed ended fixed income mutual fund launched by Lysander Funds Limited. Canso Credit Trust - Canso Credit Income Fund was formed on July 16, 2010 and is domiciled in Canada. CANSO CREDIT operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.Specialization | Financials, Financial Services |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| Business Address | 100 York Boulevard, |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | lysanderfunds.com/canso-credit-income-fund |
| Phone | 905 881 8853 |
| Currency | CAD - Canadian Dollar |
You should never invest in Canso Credit without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canso Stock, because this is throwing your money away. Analyzing the key information contained in Canso Credit's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canso Credit Key Financial Ratios
Canso Credit's financial ratios allow both analysts and investors to convert raw data from Canso Credit's financial statements into concise, actionable information that can be used to evaluate the performance of Canso Credit over time and compare it to other companies across industries.| Revenue | 11.81 M | ||||
| EBITDA | 6.11 M | ||||
| Net Income | 6.11 M | ||||
| Market Capitalization | 225.45 M | ||||
| Total Asset | 192.07 M |
Canso Credit Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 232.6M | 236.4M | 217.4M | 204.4M | 192.1M | 253.8M | |
| Net Debt | (5.3M) | (1.3M) | (7.2M) | (9.7M) | (235.2K) | (247.0K) | |
| Cash | 5.3M | 1.3M | 7.2M | 9.7M | 235.2K | 223.4K | |
| Total Liab | 76.6M | 79.8M | 56.8M | 50.4M | 53.1M | 46.6M | |
| Net Receivables | 1.8M | 1.4M | 2.0M | 3.8M | 11.5M | 12.1M | |
| Other Current Assets | (7.1M) | (2.7M) | (9.2M) | (13.5M) | (11.7M) | (12.3M) | |
| Common Stock | 156.0M | 156.6M | 160.6M | 154.0M | 138.9M | 139.6M |
Canso Credit Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Canso Credit Trust. It measures of how well Canso is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Canso Credit brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Canso had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Canso Credit has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (9.5M) | (4.0M) | 5.9M | 2.5M | (9.5M) | (9.0M) | |
| Free Cash Flow | (180.7K) | 5.7M | 4.0M | (6.7M) | 850.5K | 893.0K | |
| Change In Working Capital | (2.7M) | 336.4K | 3.7M | (10.7M) | (4.3M) | (4.0M) | |
| Other Cashflows From Financing Activities | 1.5M | 6.0M | 28.6M | 14.8M | 10.9M | 15.6M | |
| Other Non Cash Items | 9.5M | (11.2M) | (22.2M) | 6.7M | 5.7M | 6.0M | |
| Dividends Paid | 7.3M | 7.0M | 23.3M | 11.1M | 7.3M | 11.1M | |
| Total Cash From Operating Activities | (180.7K) | 5.7M | 4.0M | (6.7M) | 850.5K | 893.0K | |
| Total Cash From Financing Activities | (10.8M) | (15.6M) | (5.8M) | (5.7M) | (21.2M) | (20.1M) | |
| End Period Cash Flow | 5.3M | 1.3M | 7.2M | 9.7M | 235.2K | 223.4K | |
| Sale Purchase Of Stock | (3.5M) | (8.6M) | (584.2K) | (496.9K) | (16.2M) | (15.4M) | |
| Begin Period Cash Flow | 14.8M | 5.3M | 1.3M | 7.2M | 9.7M | 10.2M | |
| Net Income | (6.4M) | 16.2M | 22.2M | (887.8K) | 6.1M | 12.2M | |
| Change To Account Receivables | (647.7K) | 398.3K | 389.3K | (1.9M) | (6.7M) | (6.4M) |
Canso Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canso Credit's current stock value. Our valuation model uses many indicators to compare Canso Credit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canso Credit competition to find correlations between indicators driving Canso Credit's intrinsic value. More Info.Canso Credit Trust is rated top company in current valuation category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 0.08 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Canso Credit Trust is roughly 12.85 . The current year's Common Stock Shares Outstanding is expected to grow to about 13.5 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canso Credit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canso Credit's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Canso Credit Trust Systematic Risk
Canso Credit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canso Credit volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Canso Credit Trust correlated with the market. If Beta is less than 0 Canso Credit generally moves in the opposite direction as compared to the market. If Canso Credit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canso Credit Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canso Credit is generally in the same direction as the market. If Beta > 1 Canso Credit moves generally in the same direction as, but more than the movement of the benchmark.
Canso Credit Trust Total Assets Over Time
Canso Credit Thematic Clasifications
Canso Credit Trust is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
| Banks | View |
Today, most investors in Canso Credit Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canso Credit's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Canso Credit growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Canso Credit November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canso Credit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canso Credit Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canso Credit Trust based on widely used predictive technical indicators. In general, we focus on analyzing Canso Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canso Credit's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5745 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.43 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.7199 |
Complementary Tools for Canso Stock analysis
When running Canso Credit's price analysis, check to measure Canso Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canso Credit is operating at the current time. Most of Canso Credit's value examination focuses on studying past and present price action to predict the probability of Canso Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canso Credit's price. Additionally, you may evaluate how the addition of Canso Credit to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |