Chemtrade Logistics Income Stock Total Debt
| CHE-UN Stock | CAD 11.61 0.11 0.96% |
Chemtrade Logistics Income fundamentals help investors to digest information that contributes to Chemtrade Logistics' financial success or failures. It also enables traders to predict the movement of Chemtrade Stock. The fundamental analysis module provides a way to measure Chemtrade Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chemtrade Logistics stock.
As of November 25, 2024, Total Debt To Capitalization is expected to decline to 0.39. Chemtrade | Total Debt |
Chemtrade Logistics Income Company Total Debt Analysis
Chemtrade Logistics' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Chemtrade Logistics Total Debt | 863.95 M |
Most of Chemtrade Logistics' fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Chemtrade Logistics Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Chemtrade Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Chemtrade Logistics is extremely important. It helps to project a fair market value of Chemtrade Stock properly, considering its historical fundamentals such as Total Debt. Since Chemtrade Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Chemtrade Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Chemtrade Logistics' interrelated accounts and indicators.
Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Chemtrade Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Chemtrade Logistics Income has a Total Debt of 863.95 M. This is 58.18% lower than that of the Chemicals sector and 62.95% lower than that of the Materials industry. The total debt for all Canada stocks is 83.75% higher than that of the company.
Chemtrade Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chemtrade Logistics' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chemtrade Logistics could also be used in its relative valuation, which is a method of valuing Chemtrade Logistics by comparing valuation metrics of similar companies.Chemtrade Logistics is currently under evaluation in total debt category among its peers.
Chemtrade Logistics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Chemtrade Logistics from analyzing Chemtrade Logistics' financial statements. These drivers represent accounts that assess Chemtrade Logistics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Chemtrade Logistics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.0B | 540.4M | 752.8M | 972.8M | 990.1M | 594.7M | |
| Enterprise Value | 2.5B | 1.9B | 1.9B | 1.9B | 1.8B | 1.1B |
Chemtrade Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0726 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 2.22 B | ||||
| Shares Outstanding | 121.5 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 11.31 % | ||||
| Number Of Shares Shorted | 2.94 M | ||||
| Price To Earning | 68.70 X | ||||
| Price To Book | 1.74 X | ||||
| Price To Sales | 0.79 X | ||||
| Revenue | 1.85 B | ||||
| Gross Profit | 353.9 M | ||||
| EBITDA | 534.17 M | ||||
| Net Income | 249.32 M | ||||
| Cash And Equivalents | 12.33 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 863.95 M | ||||
| Debt To Equity | 2.14 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 6.04 X | ||||
| Cash Flow From Operations | 401.46 M | ||||
| Short Ratio | 14.59 X | ||||
| Earnings Per Share | 1.09 X | ||||
| Target Price | 14.14 | ||||
| Beta | 1.5 | ||||
| Market Capitalization | 1.4 B | ||||
| Total Asset | 2.11 B | ||||
| Retained Earnings | (1.15 B) | ||||
| Working Capital | (83.8 M) | ||||
| Current Asset | 275.75 M | ||||
| Current Liabilities | 437.7 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 9.98 % | ||||
| Net Asset | 2.11 B |
About Chemtrade Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chemtrade Logistics Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chemtrade Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chemtrade Logistics Income based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Chemtrade Logistics
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 Chemtrade Logistics 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 Chemtrade Logistics will appreciate offsetting losses from the drop in the long position's value.Moving together with Chemtrade Stock
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| 0.79 | IE | Ivanhoe Energy | PairCorr |
| 0.86 | FDY | Faraday Copper Corp | PairCorr |
Moving against Chemtrade Stock
The ability to find closely correlated positions to Chemtrade Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemtrade Logistics 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 Chemtrade Logistics - 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 Chemtrade Logistics Income to buy it.
The correlation of Chemtrade Logistics 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 Chemtrade Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemtrade Logistics 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 Chemtrade Logistics 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 Chemtrade Stock
Chemtrade Logistics financial ratios help investors to determine whether Chemtrade Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Chemtrade with respect to the benefits of owning Chemtrade Logistics security.