Canterbury Other Assets from 2010 to 2024

CPHC Stock  USD 19.80  0.58  2.85%   
Canterbury Park's Other Assets are increasing over the years with slightly volatile fluctuation. Other Assets are expected to dwindle to about 155 K. During the period from 2010 to 2024 Canterbury Park Other Assets annual values regression line had geometric mean of  233,313 and mean square error of 59 T. View All Fundamentals
 
Other Assets  
First Reported
2000-03-31
Previous Quarter
18.2 M
Current Value
17.6 M
Quarterly Volatility
6.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canterbury Park financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canterbury Park's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 1.1 M or Selling General Administrative of 5.7 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0215 or PTB Ratio of 1.91. Canterbury financial statements analysis is a perfect complement when working with Canterbury Park Valuation or Volatility modules.
  
Check out the analysis of Canterbury Park Correlation against competitors.

Latest Canterbury Park's Other Assets Growth Pattern

Below is the plot of the Other Assets of Canterbury Park Holding over the last few years. It is Canterbury Park's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canterbury Park's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Canterbury Other Assets Regression Statistics

Arithmetic Mean4,813,906
Geometric Mean233,313
Coefficient Of Variation169.66
Mean Deviation6,412,829
Median155,004
Standard Deviation8,167,383
Sample Variance66.7T
Range23.7M
R-Value0.42
Mean Square Error59T
R-Squared0.18
Significance0.12
Slope773,163
Total Sum of Squares933.9T

Canterbury Other Assets History

2024155 K
2023163.2 K
202218.2 M
202117.9 M
2020 59.35
201923.7 M
20187.5 M

About Canterbury Park Financial Statements

Canterbury Park stakeholders use historical fundamental indicators, such as Canterbury Park's Other Assets, to determine how well the company is positioned to perform in the future. Although Canterbury Park investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canterbury Park's assets and liabilities are reflected in the revenues and expenses on Canterbury Park's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Canterbury Park Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets163.2 K155 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
Check out the analysis of Canterbury Park Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.98
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0318
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.