Canlan Historical Balance Sheet

ICE Stock

CAD 3.92 0.02 0.51%

Trend analysis of Canlan Ice Sports balance sheet accounts such as Other Current Liabilities of 21.4 M or Total Current Liabilities of 22.7 M provides information on Canlan Ice's total assets, liabilities, and equity, which is the actual value of Canlan Ice Sports to its prevalent stockholders. By breaking down trends over time using Canlan Ice balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Canlan Ice Sports latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canlan Ice Sports is a good buy for the upcoming year.

Canlan Ice Inventory

832,110

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canlan Ice Sports. 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.

About Canlan Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Canlan Ice Sports at a specified time, usually calculated after every quarter, six months, or one year. Canlan Ice Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canlan Ice and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canlan currently owns. An asset can also be divided into two categories, current and non-current.

Canlan Ice Balance Sheet Chart

At this time, Canlan Ice's Inventory is very stable compared to the past year. As of the 27th of March 2025, Accumulated Other Comprehensive Income is likely to grow to about 2.7 M, while Total Assets are likely to drop about 98.7 M.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of Canlan Ice assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canlan Ice Sports books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Canlan Ice balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canlan Ice Sports are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from Canlan Ice's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canlan Ice Sports current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canlan Ice Sports. 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.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	50.1M	49.3M	44.3M	48.0M
Total Assets	121.7M	122.0M	130.5M	98.7M

Short Long Term Debt Total Total Assets

Canlan Ice balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue
Total Assets		0.94	-0.33	0.22	0.87	0.97	0.89	0.87	0.91	-0.4	0.98	0.35	-0.38	0.95	-0.84	0.23	0.96	-0.18	0.23	0.9	0.99	0.35	0.23	-0.37	0.22	-0.26
Short Long Term Debt Total	0.94		-0.32	-0.03	0.77	0.96	0.97	0.84	0.89	-0.54	0.97	0.31	-0.52	0.91	-0.88	0.23	0.98	-0.16	0.28	0.9	0.96	0.22	0.02	-0.35	0.18	-0.26
Other Current Liab	-0.33	-0.32		0.01	-0.4	-0.38	-0.44	-0.55	-0.4	0.55	-0.37	-0.17	0.56	-0.36	0.38	0.09	-0.25	-0.4	-0.09	-0.46	-0.24	0.37	0.25	-0.34	-0.51	-0.24
Total Current Liabilities	0.22	-0.03	0.01		0.22	0.09	-0.11	0.04	0.09	0.39	0.11	0.19	0.39	0.13	0.06	0.23	-0.02	-0.15	-0.06	-0.01	0.18	0.44	0.55	0.35	0.06	0.13
Total Stockholder Equity	0.87	0.77	-0.4	0.22		0.86	0.68	0.94	0.93	-0.21	0.86	0.35	-0.18	0.92	-0.89	0.21	0.79	-0.03	0.03	0.89	0.82	0.28	0.21	-0.36	-0.06	-0.33
Property Plant And Equipment Net	0.97	0.96	-0.38	0.09	0.86		0.94	0.92	0.96	-0.54	1.0	0.23	-0.51	0.97	-0.92	0.18	0.96	-0.12	0.11	0.96	0.96	0.29	0.0	-0.32	0.2	-0.27
Net Debt	0.89	0.97	-0.44	-0.11	0.68	0.94		0.82	0.83	-0.73	0.94	0.25	-0.71	0.86	-0.82	0.11	0.94	-0.1	0.28	0.88	0.9	0.12	-0.15	-0.22	0.36	-0.17
Retained Earnings	0.87	0.84	-0.55	0.04	0.94	0.92	0.82		0.97	-0.47	0.91	0.23	-0.44	0.96	-0.95	0.15	0.83	-0.01	0.0	0.97	0.83	0.2	-0.04	-0.29	0.11	-0.3
Accounts Payable	0.91	0.89	-0.4	0.09	0.93	0.96	0.83	0.97		-0.42	0.95	0.18	-0.39	0.99	-0.98	0.22	0.89	-0.12	-0.01	0.99	0.89	0.33	0.0	-0.36	0.01	-0.41
Cash	-0.4	-0.54	0.55	0.39	-0.21	-0.54	-0.73	-0.47	-0.42		-0.52	0.03	1.0	-0.42	0.45	0.27	-0.47	-0.06	-0.16	-0.53	-0.39	0.2	0.66	-0.19	-0.51	0.01
Non Current Assets Total	0.98	0.97	-0.37	0.11	0.86	1.0	0.94	0.91	0.95	-0.52		0.27	-0.5	0.97	-0.9	0.18	0.97	-0.15	0.16	0.95	0.97	0.31	0.04	-0.33	0.21	-0.28
Non Currrent Assets Other	0.35	0.31	-0.17	0.19	0.35	0.23	0.25	0.23	0.18	0.03	0.27		0.03	0.22	-0.12	0.0	0.32	0.05	0.7	0.12	0.36	-0.17	0.51	-0.08	0.05	0.11
Cash And Short Term Investments	-0.38	-0.52	0.56	0.39	-0.18	-0.51	-0.71	-0.44	-0.39	1.0	-0.5	0.03		-0.39	0.42	0.28	-0.45	-0.08	-0.17	-0.5	-0.36	0.22	0.66	-0.21	-0.55	-0.02
Net Receivables	0.95	0.91	-0.36	0.13	0.92	0.97	0.86	0.96	0.99	-0.42	0.97	0.22	-0.39		-0.95	0.26	0.92	-0.14	0.04	0.97	0.93	0.34	0.06	-0.36	0.07	-0.4
Common Stock Shares Outstanding	-0.84	-0.88	0.38	0.06	-0.89	-0.92	-0.82	-0.95	-0.98	0.45	-0.9	-0.12	0.42	-0.95		-0.21	-0.86	0.12	0.03	-0.98	-0.83	-0.28	0.13	0.36	0.07	0.44
Short Term Investments	0.23	0.23	0.09	0.23	0.21	0.18	0.11	0.15	0.22	0.27	0.18	0.0	0.28	0.26	-0.21		0.23	-0.07	0.09	0.17	0.27	0.11	0.38	-0.12	-0.2	-0.09
Non Current Liabilities Total	0.96	0.98	-0.25	-0.02	0.79	0.96	0.94	0.83	0.89	-0.47	0.97	0.32	-0.45	0.92	-0.86	0.23		-0.21	0.3	0.89	0.98	0.29	0.12	-0.47	0.15	-0.33
Inventory	-0.18	-0.16	-0.4	-0.15	-0.03	-0.12	-0.1	-0.01	-0.12	-0.06	-0.15	0.05	-0.08	-0.14	0.12	-0.07	-0.21		-0.25	-0.11	-0.23	-0.84	-0.22	0.18	0.2	0.49
Other Current Assets	0.23	0.28	-0.09	-0.06	0.03	0.11	0.28	0.0	-0.01	-0.16	0.16	0.7	-0.17	0.04	0.03	0.09	0.3	-0.25		-0.02	0.28	-0.12	0.4	-0.01	0.13	-0.06
Other Stockholder Equity	0.9	0.9	-0.46	-0.01	0.89	0.96	0.88	0.97	0.99	-0.53	0.95	0.12	-0.5	0.97	-0.98	0.17	0.89	-0.11	-0.02		0.87	0.29	-0.12	-0.33	0.09	-0.36
Total Liab	0.99	0.96	-0.24	0.18	0.82	0.96	0.9	0.83	0.89	-0.39	0.97	0.36	-0.36	0.93	-0.83	0.27	0.98	-0.23	0.28	0.87		0.37	0.23	-0.39	0.16	-0.3
Property Plant And Equipment Gross	0.35	0.22	0.37	0.44	0.28	0.29	0.12	0.2	0.33	0.2	0.31	-0.17	0.22	0.34	-0.28	0.11	0.29	-0.84	-0.12	0.29	0.37		0.29	-0.28	-0.2	-0.44
Total Current Assets	0.23	0.02	0.25	0.55	0.21	0.0	-0.15	-0.04	0.0	0.66	0.04	0.51	0.66	0.06	0.13	0.38	0.12	-0.22	0.4	-0.12	0.23	0.29		-0.31	-0.13	-0.06
Short Term Debt	-0.37	-0.35	-0.34	0.35	-0.36	-0.32	-0.22	-0.29	-0.36	-0.19	-0.33	-0.08	-0.21	-0.36	0.36	-0.12	-0.47	0.18	-0.01	-0.33	-0.39	-0.28	-0.31		0.25	0.38
Intangible Assets	0.22	0.18	-0.51	0.06	-0.06	0.2	0.36	0.11	0.01	-0.51	0.21	0.05	-0.55	0.07	0.07	-0.2	0.15	0.2	0.13	0.09	0.16	-0.2	-0.13	0.25		0.54
Current Deferred Revenue	-0.26	-0.26	-0.24	0.13	-0.33	-0.27	-0.17	-0.3	-0.41	0.01	-0.28	0.11	-0.02	-0.4	0.44	-0.09	-0.33	0.49	-0.06	-0.36	-0.3	-0.44	-0.06	0.38	0.54

Click cells to compare fundamentals

Canlan Ice Account Relationship Matchups

Canlan Ice balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	121.5M	116.6M	121.7M	122.0M	130.5M	98.7M
Short Long Term Debt Total	63.1M	55.0M	50.1M	49.3M	44.3M	48.0M
Other Current Liab	12.2M	18.0M	11.2M	17.7M	20.4M	21.4M
Total Current Liabilities	20.0M	25.9M	31.0M	29.2M	32.5M	22.7M
Total Stockholder Equity	41.7M	40.4M	46.7M	44.7M	48.8M	46.6M
Property Plant And Equipment Net	98.8M	97.4M	95.5M	93.3M	97.7M	82.9M
Net Debt	56.1M	43.0M	31.6M	30.2M	19.8M	18.8M
Retained Earnings	(23.9M)	(25.0M)	(20.7M)	(21.8M)	(20.6M)	(21.7M)
Accounts Payable	1.5M	1.7M	2.2M	3.3M	5.0M	3.8M
Cash	7.0M	12.0M	18.5M	19.0M	21.2M	22.2M
Non Current Assets Total	104.0M	100.5M	98.9M	98.1M	103.3M	84.7M
Non Currrent Assets Other	1.0M	813K	762K	672.0K	965K	1.2M
Cash And Short Term Investments	7.0M	12.0M	18.5M	19.0M	21.9M	23.0M
Net Receivables	2.4M	2.3M	2.2M	3.0M	3.3M	2.4M
Liabilities And Stockholders Equity	121.5M	116.6M	121.7M	122.0M	109.8M	98.5M
Non Current Liabilities Total	59.8M	50.3M	44.0M	48.2M	49.2M	41.8M
Inventory	662K	490K	607K	624K	637K	832.1K
Other Current Assets	6.9M	788K	2.0M	1.3M	1.1M	1.1M
Total Liab	79.8M	76.2M	75.1M	77.3M	81.7M	64.5M
Property Plant And Equipment Gross	98.8M	202.6M	205.3M	209.9M	222.4M	131.3M
Total Current Assets	17.5M	16.1M	22.8M	23.9M	27.3M	19.3M
Accumulated Other Comprehensive Income	2.0M	1.8M	3.7M	2.8M	2.5M	2.7M
Short Term Debt	6.2M	5.7M	7.3M	3.0M	2.7M	2.6M
Current Deferred Revenue	6.2M	12.0M	14.1M	4.4M	5.0M	4.8M
Other Liab	1.1M	3.4M	2.3M	970K	1.1M	1.5M
Net Tangible Assets	49.8M	48.4M	41.7M	40.4M	36.4M	35.8M
Other Assets	4.8M	2.7M	3.0M	1.0	1.15	1.09
Long Term Debt	51.7M	39.4M	38.1M	40.9M	39.0M	35.4M
Short Long Term Debt	4.4M	4.4M	1.7M	2.0M	1.8M	1.7M
Property Plant Equipment	105.2M	98.8M	97.4M	95.5M	109.9M	108.7M
Long Term Debt Total	60.5M	57.5M	49.3M	42.9M	38.6M	41.3M
Capital Lease Obligations	6.9M	11.2M	10.3M	6.3M	7.5M	7.0M
Cash And Equivalents	16.5M	7.5M	12.5M	18.5M	16.7M	12.6M
Net Invested Capital	97.9M	84.2M	86.5M	87.6M	89.8M	75.2M
Net Working Capital	(2.5M)	(9.8M)	(8.2M)	(5.3M)	(5.3M)	(5.5M)

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

0.45

GRA

NanoXplore

Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Canlan Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Canlan Historical Balance Sheet

Canlan Ice Inventory

832,110

About Canlan Balance Sheet Analysis

Canlan Ice Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Canlan Ice balance sheet Correlations

Canlan Ice Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canlan Ice balance sheet Accounts

Pair Trading with Canlan Ice

Moving against Canlan Stock

Other Information on Investing in Canlan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Net Receivables	+ 0.99	Accounts Payable
Other Stockholder Equity	+ 0.99	Accounts Payable
Non Current Assets Total	+ 0.98	Total Assets

Other Stockholder Equity	- 0.98	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.98	Accounts Payable
Common Stock Shares Outstanding	- 0.95	Net Receivables
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.92	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.9	Non Current Assets Total