Chorus Historical Financial Ratios
CHR Stock | CAD 2.94 0.01 0.34% |
Chorus Aviation is presently reporting on over 96 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0924, PTB Ratio of 0.4 or Days Sales Outstanding of 52.74 will help investors to properly organize and evaluate Chorus Aviation financial condition quickly.
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About Chorus Financial Ratios Analysis
Chorus AviationFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Chorus Aviation investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Chorus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Chorus Aviation history.
Chorus Aviation Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Chorus Aviation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Chorus Aviation sales, a figure that is much harder to manipulate than other Chorus Aviation multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Chorus Aviation's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Chorus Aviation current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chorus Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Chorus Aviation's Net Income Per Share is very stable compared to the past year. As of the 23rd of December 2024, Days Of Inventory On Hand is likely to grow to 63.86, while PTB Ratio is likely to drop 0.40.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0232 | 0.0702 | 0.0924 | Price To Sales Ratio | 0.56 | 0.3 | 0.45 |
Chorus Aviation fundamentals Correlations
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Chorus Aviation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chorus Aviation fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.93 | 0.63 | 0.56 | 0.39 | 0.3 | 0.45 | |
Dividend Yield | 0.0697 | 0.0435 | 0.0312 | 0.0232 | 0.0702 | 0.0924 | |
Ptb Ratio | 2.1 | 0.93 | 0.83 | 0.53 | 0.42 | 0.4 | |
Days Sales Outstanding | 19.91 | 46.41 | 49.98 | 46.62 | 50.23 | 52.74 | |
Book Value Per Share | 3.85 | 3.97 | 3.98 | 6.52 | 6.56 | 4.66 | |
Free Cash Flow Yield | (0.48) | (0.42) | 0.19 | 0.34 | 0.51 | 0.54 | |
Stock Based Compensation To Revenue | 0.0134 | 0.009142 | 0.003464 | 0.007022 | 0.00632 | 0.004038 | |
Capex To Depreciation | 6.39 | 1.81 | 0.37 | 0.31 | 0.21 | 0.2 | |
Pb Ratio | 2.1 | 0.93 | 0.83 | 0.53 | 0.42 | 0.4 | |
Ev To Sales | 2.21 | 2.77 | 2.31 | 1.6 | 1.29 | 0.96 | |
Free Cash Flow Per Share | (3.91) | (1.54) | 0.64 | 1.12 | 1.31 | 1.38 | |
Roic | 0.0695 | 0.0358 | 0.0201 | 0.0414 | 0.0592 | 0.0979 | |
Inventory Turnover | 16.27 | 8.85 | 10.73 | 10.3 | 6.0 | 5.7 | |
Net Income Per Share | 0.85 | 0.26 | (0.12) | 0.25 | 0.52 | 0.67 | |
Days Of Inventory On Hand | 22.43 | 41.24 | 34.03 | 35.44 | 60.82 | 63.86 | |
Payables Turnover | 6.21 | 5.27 | 4.2 | 3.75 | 4.16 | 6.09 | |
Capex To Revenue | 0.64 | 0.43 | 0.073 | 0.039 | 0.0257 | 0.0244 | |
Cash Per Share | 0.72 | 0.6 | 1.06 | 0.53 | 0.45 | 0.43 | |
Pocfratio | 4.85 | 3.82 | 3.11 | 2.25 | 1.67 | 1.59 | |
Interest Coverage | 2.68 | 1.25 | 0.73 | 1.79 | 2.51 | 2.38 | |
Payout Ratio | 0.36 | 0.8 | 0.42 | 0.45 | 0.3 | 0.35 | |
Pfcf Ratio | (2.07) | (2.4) | 5.23 | 2.9 | 1.95 | 1.85 | |
Days Payables Outstanding | 58.73 | 69.25 | 86.83 | 97.39 | 87.77 | 58.3 | |
Income Quality | 1.97 | 3.78 | (9.03) | 5.38 | 2.96 | 3.1 | |
Roe | 0.22 | 0.0647 | (0.0297) | 0.0414 | 0.0849 | 0.0806 | |
Ev To Operating Cash Flow | 11.55 | 16.77 | 12.79 | 9.16 | 7.24 | 6.98 | |
Pe Ratio | 9.54 | 14.41 | (28.13) | 12.89 | 4.93 | 2.7 | |
Return On Tangible Assets | 0.0453 | 0.0125 | (0.006459) | 0.0121 | 0.0265 | 0.0252 | |
Ev To Free Cash Flow | (4.92) | (10.53) | 21.46 | 11.79 | 8.46 | 8.04 | |
Earnings Yield | 0.1 | 0.0694 | (0.0356) | 0.0776 | 0.2 | 0.11 | |
Intangibles To Total Assets | 0.003038 | 0.002646 | 0.002777 | 0.006876 | 0.00612 | 0.005814 | |
Net Debt To E B I T D A | 4.74 | 5.59 | 6.62 | 5.35 | 3.54 | 2.18 | |
Current Ratio | 0.69 | 0.63 | 1.0 | 0.77 | 0.79 | 0.75 | |
Tangible Book Value Per Share | 3.8 | 3.91 | 3.93 | 6.38 | 6.43 | 6.76 | |
Receivables Turnover | 18.33 | 7.86 | 7.3 | 7.83 | 7.27 | 6.9 | |
Graham Number | 8.58 | 4.79 | 3.25 | 5.86 | 8.45 | 7.57 | |
Shareholders Equity Per Share | 3.85 | 3.97 | 3.98 | 6.07 | 6.11 | 4.61 | |
Debt To Equity | 3.01 | 3.4 | 2.76 | 1.71 | 1.46 | 2.02 |
Pair Trading with Chorus Aviation
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 Chorus Aviation 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 Chorus Aviation will appreciate offsetting losses from the drop in the long position's value.Moving together with Chorus Stock
Moving against Chorus Stock
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0.35 | AQN-PD | Algonquin Power Utilities | PairCorr |
The ability to find closely correlated positions to Chorus Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chorus Aviation 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 Chorus Aviation - 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 Chorus Aviation to buy it.
The correlation of Chorus Aviation 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 Chorus Aviation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chorus Aviation 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 Chorus Aviation 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.Other Information on Investing in Chorus Stock
Chorus AviationFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Chorus Aviation investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Chorus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Chorus Aviation history.