Cargojet Financials
| CGJTF Stock | USD 84.89 1.18 1.41% |
Cargojet |
Understanding current and past Cargojet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cargojet's financial statements are interrelated, with each one affecting the others. For example, an increase in Cargojet's assets may result in an increase in income on the income statement.
Cargojet Stock Summary
Cargojet competes with Hub, Expeditors International, JB Hunt, CH Robinson, and Landstar System. Cargojet Inc. provides time sensitive overnight air cargo services in Canada. The company was founded in 2005 and is headquartered in Mississauga, Canada. Cargojet operates under Integrated Freight Logistics classification in the United States and is traded on OTC Exchange. It employs 1624 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 2281 North Sheridan |
| Sector | Air Freight & Logistics |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.cargojet.com |
| Phone | 905 501 7373 |
| Currency | USD - US Dollar |
Cargojet Key Financial Ratios
There are many critical financial ratios that Cargojet's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cargojet reports annually and quarterly.| Return On Equity | 0.41 | |||
| Return On Asset | 0.076 | |||
| Beta | 0.89 | |||
| Z Score | 3.0 | |||
| Last Dividend Paid | 1.09 |
Cargojet Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cargojet's current stock value. Our valuation model uses many indicators to compare Cargojet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cargojet competition to find correlations between indicators driving Cargojet's intrinsic value. More Info.Cargojet is number one stock in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cargojet is roughly 5.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cargojet's earnings, one of the primary drivers of an investment's value.Cargojet Systematic Risk
Cargojet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cargojet 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cargojet correlated with the market. If Beta is less than 0 Cargojet generally moves in the opposite direction as compared to the market. If Cargojet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cargojet is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cargojet is generally in the same direction as the market. If Beta > 1 Cargojet moves generally in the same direction as, but more than the movement of the benchmark.
Cargojet January 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cargojet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cargojet. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cargojet based on widely used predictive technical indicators. In general, we focus on analyzing Cargojet Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cargojet's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 12.97 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 4.85 |
Complementary Tools for Cargojet Pink Sheet analysis
When running Cargojet's price analysis, check to measure Cargojet'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 Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.
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