Canterbury Park Financials

CPHC Stock  USD 19.80  0.58  2.85%   
Based on the analysis of Canterbury Park's profitability, liquidity, and operating efficiency, Canterbury Park Holding is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At present, Canterbury Park's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 57.1 M, whereas Other Current Liabilities is forecasted to decline to about 4.4 M. Key indicators impacting Canterbury Park's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.07270.0818
Fairly Down
Slightly volatile
Current Ratio3.443.2758
Sufficiently Up
Slightly volatile
Investors should never underestimate Canterbury Park's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Canterbury Park's cash flow, debt, and profitability to make informed and accurate decisions about investing in Canterbury Park Holding.

Net Income

11.09 Million

  
Understanding current and past Canterbury Park Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canterbury Park's financial statements are interrelated, with each one affecting the others. For example, an increase in Canterbury Park's assets may result in an increase in income on the income statement.
Please note, the presentation of Canterbury Park'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, Canterbury Park's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Canterbury Park's management manipulating its earnings.

Canterbury Park Stock Summary

Canterbury Park competes with Community West, Citizens Community, and Bridgford Foods. Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota. Canterbury Park operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 237 people.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS13811E1010
CUSIP13811E101
LocationMinnesota; U.S.A
Business Address1100 Canterbury Road,
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.canterburypark.com
Phone952 445 7223
CurrencyUSD - US Dollar

Canterbury Park Key Financial Ratios

Canterbury Park Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets65.4M68.8M83.1M92.3M105.0M110.2M
Other Current Liab6.4M5.9M6.0M5.8M5.4M4.4M
Net Debt(184.3K)233.7K(11.8M)(13.0M)(21.9M)(20.8M)
Retained Earnings26.6M27.6M39.4M45.2M54.4M57.1M
Accounts Payable3.5M3.0M2.3M3.4M4.6M2.4M
Cash355.4K(116.8K)11.9M13.0M21.9M23.0M
Net Receivables302.0K4.3M8.0M8.8M4.6M4.8M
Other Current Assets2.8M5.0M4.3M3.7M4.6M4.8M
Total Liab16.0M17.5M18.7M21.1M23.2M24.3M
Total Current Assets4.0M9.5M24.4M30.7M36.3M38.1M
Inventory390.1K218.8K248.4K262.1K249.4K207.6K
Short Term Debt54.3K48.0K49.8K19.0K27.0K25.6K
Other Assets23.7M59.3517.9M18.2M163.2K155.0K
Common Stock46.4K47.5K48.1K48.9K49.6K46.1K
Other Liab4.4M7.3M8.9M10.7M12.3M12.9M
Net Tangible Assets49.4M51.3M64.4M71.2M81.9M49.8M
Capital Surpluse21.4M22.7M23.6M25.9M29.8M23.6M

Canterbury Park Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense225.3K345.4K905.7K907.1K1.0M1.1M
Total Revenue59.2M33.1M60.4M66.8M61.4M47.3M
Gross Profit45.8M25.5M47.9M52.9M20.2M32.2M
Operating Income3.6M(1.7M)17.8M10.9M11.5M12.1M
Ebit3.6M(1.7M)17.0M11.0M5.2M3.3M
Ebitda6.4M1.0M19.8M14.0M8.3M5.2M
Cost Of Revenue13.4M7.6M12.5M13.9M41.3M43.3M
Net Income2.7M1.1M11.8M7.5M10.6M11.1M
Income Tax Expense1.2M(1.3M)4.0M2.7M4.4M4.6M
Income Before Tax4.0M(188.8K)15.8M10.2M15.0M15.7M
Tax Provision1.2M(1.3M)4.0M2.7M4.4M2.3M
Interest Income326.8K663.6K719.4K910.0K2.0M2.1M
Net Interest Income326.8K663.6K719.4K910.0K2.0M2.1M

Canterbury Park Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(7.3M)544.6K11.1M507.3K9.7M10.2M
Free Cash Flow(8.4M)139.8K9.7M6.2M3.7M3.8M
Depreciation2.7M2.7M2.8M3.0M3.1M2.0M
Other Non Cash Items53.1K(875.9K)2.4M1.7M(7.8M)(7.4M)
Capital Expenditures15.2M1.5M3.8M5.0M7.9M8.3M
Net Income2.7M1.1M11.8M7.5M10.6M11.1M
End Period Cash Flow3.9M4.5M15.6M16.1M25.8M27.1M
Change To Netincome1.6M2.9M3.9M1.8M2.1M2.2M
Dividends Paid1.3M328.6K1.7K1.4M1.4M1.1M
Change To Inventory312.8K972.5K(7.0M)37.0K(17.4K)(18.3K)
Investments102.7K(758.0K)(2.5M)(5.4M)(455.3K)(478.1K)
Net Borrowings(25.2K)(24.5K)(25.7K)(27.1K)(31.1K)(32.7K)
Change Receivables24.3K(60.3K)70.8K(230.1K)(207.1K)(196.7K)

Canterbury Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Canterbury Park's current stock value. Our valuation model uses many indicators to compare Canterbury Park value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canterbury Park competition to find correlations between indicators driving Canterbury Park's intrinsic value. More Info.
Canterbury Park Holding is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.67  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canterbury Park Holding is roughly  1.49 . At present, Canterbury Park's Return On Equity is projected to increase slightly based on the last few years of reporting. 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 Canterbury Park's earnings, one of the primary drivers of an investment's value.

Canterbury Park Holding Systematic Risk

Canterbury Park's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canterbury Park 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Canterbury Park Holding correlated with the market. If Beta is less than 0 Canterbury Park generally moves in the opposite direction as compared to the market. If Canterbury Park Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canterbury Park Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canterbury Park is generally in the same direction as the market. If Beta > 1 Canterbury Park moves generally in the same direction as, but more than the movement of the benchmark.

Canterbury Park Thematic Clasifications

Canterbury Park Holding is part of several thematic ideas from Gambling to Casinos. 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. Get More Thematic Ideas
Today, most investors in Canterbury Park Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canterbury Park'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 Canterbury Park growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.25

At present, Canterbury Park's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Canterbury Park November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Canterbury Park help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canterbury Park Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canterbury Park Holding based on widely used predictive technical indicators. In general, we focus on analyzing Canterbury Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canterbury Park's daily price indicators and compare them against related drivers.

Complementary Tools for Canterbury Stock analysis

When running Canterbury Park's price analysis, check to measure Canterbury Park'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 Canterbury Park is operating at the current time. Most of Canterbury Park's value examination focuses on studying past and present price action to predict the probability of Canterbury Park's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canterbury Park's price. Additionally, you may evaluate how the addition of Canterbury Park to your portfolios can decrease your overall portfolio volatility.
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