Canlan Ice Sports Stock Net Income
| ICE Stock | CAD 4.28 0.12 2.73% |
As of the 18th of February 2026, Canlan Ice shows the Risk Adjusted Performance of 0.0123, downside deviation of 3.01, and Mean Deviation of 1.48. Canlan Ice Sports technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Canlan Ice Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.9478 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 3.2 M | 3.4 M | |
| Net Income From Continuing Ops | 3.2 M | 3.4 M | |
| Net Income Applicable To Common Shares | 3.2 M | 3.4 M | |
| Net Income Per Share | 0.19 | 0.20 | |
| Net Income Per E B T | 1.06 | 1.01 |
Canlan | Net Income |
Evaluating Canlan Ice's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Canlan Ice Sports's fundamental strength.
Latest Canlan Ice's Net Income Growth Pattern
Below is the plot of the Net Income of Canlan Ice Sports over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Canlan Ice Sports financial statement analysis. It represents the amount of money remaining after all of Canlan Ice Sports operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Canlan Ice's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canlan Ice's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.8 M | 10 Years Trend |
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Net Income |
| Timeline |
Canlan Net Income Regression Statistics
| Arithmetic Mean | 1,366,000 | |
| Coefficient Of Variation | 209.12 | |
| Mean Deviation | 1,996,353 | |
| Median | 1,800,000 | |
| Standard Deviation | 2,856,584 | |
| Sample Variance | 8.2T | |
| Range | 11.1M | |
| R-Value | 0.12 | |
| Mean Square Error | 8.6T | |
| R-Squared | 0.01 | |
| Significance | 0.65 | |
| Slope | 67,275 | |
| Total Sum of Squares | 130.6T |
Canlan Net Income History
Canlan Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Canlan Ice is extremely important. It helps to project a fair market value of Canlan Stock properly, considering its historical fundamentals such as Net Income. Since Canlan Ice's 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 Canlan Ice's 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 Canlan Ice's interrelated accounts and indicators.
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Canlan Ice 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Canlan Ice's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Canlan Ice.
| 11/20/2025 |
| 02/18/2026 |
If you would invest 0.00 in Canlan Ice on November 20, 2025 and sell it all today you would earn a total of 0.00 from holding Canlan Ice Sports or generate 0.0% return on investment in Canlan Ice over 90 days. Canlan Ice is related to or competes with Westport Fuel, Mene, Imaflex, Dorel Industries, First Hydrogen, IFabric Corp, and Goodfood Market. Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and en... More
Canlan Ice Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Canlan Ice's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Canlan Ice Sports upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.68 |
Canlan Ice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canlan Ice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canlan Ice's standard deviation. In reality, there are many statistical measures that can use Canlan Ice historical prices to predict the future Canlan Ice's volatility.| Risk Adjusted Performance | 0.0123 | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.05) |
Canlan Ice February 18, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0123 | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.85 | |||
| Downside Deviation | 3.01 | |||
| Coefficient Of Variation | 14696.7 | |||
| Standard Deviation | 2.54 | |||
| Variance | 6.44 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.68 | |||
| Downside Variance | 9.03 | |||
| Semi Variance | 3.41 | |||
| Expected Short fall | (3.27) | |||
| Skewness | 0.743 | |||
| Kurtosis | 3.17 |
Canlan Ice Sports Backtested Returns
As of now, Canlan Stock is moderately volatile. Canlan Ice Sports secures Sharpe Ratio (or Efficiency) of 0.0135, which signifies that the company had a 0.0135 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Canlan Ice Sports, which you can use to evaluate the volatility of the firm. Please confirm Canlan Ice's Risk Adjusted Performance of 0.0123, mean deviation of 1.48, and Downside Deviation of 3.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.0333%. Canlan Ice has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canlan Ice are expected to decrease at a much lower rate. During the bear market, Canlan Ice is likely to outperform the market. Canlan Ice Sports right now shows a risk of 2.46%. Please confirm Canlan Ice Sports downside variance, day median price, and the relationship between the maximum drawdown and skewness , to decide if Canlan Ice Sports will be following its price patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
Canlan Ice Sports has very weak reverse predictability. Overlapping area represents the amount of predictability between Canlan Ice time series from 20th of November 2025 to 4th of January 2026 and 4th of January 2026 to 18th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canlan Ice Sports price movement. The serial correlation of -0.03 indicates that only 3.0% of current Canlan Ice price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Canlan Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Canlan Ice Sports reported net income of 2.8 M. This is 99.45% lower than that of the Leisure Products sector and 99.01% lower than that of the Consumer Discretionary industry. The net income for all Canada stocks is 99.51% higher than that of the company.
Canlan Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canlan Ice's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canlan Ice could also be used in its relative valuation, which is a method of valuing Canlan Ice by comparing valuation metrics of similar companies.Canlan Ice is currently under evaluation in net income category among its peers.
Canlan Ice Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canlan Ice from analyzing Canlan Ice's financial statements. These drivers represent accounts that assess Canlan Ice's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canlan Ice's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 45.3M | 52.0M | 54.7M | 54.5M | 49.1M | 34.1M | |
| Enterprise Value | 104.8M | 88.3M | 83.6M | 81.8M | 73.7M | 65.7M |
Canlan Fundamentals
| Return On Equity | 0.0822 | ||||
| Return On Asset | 0.0367 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 93.51 M | ||||
| Shares Outstanding | 13.34 M | ||||
| Shares Owned By Insiders | 93.45 % | ||||
| Number Of Shares Shorted | 1.44 K | ||||
| Price To Earning | 20.04 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 0.59 X | ||||
| Revenue | 94.03 M | ||||
| Gross Profit | 75.38 M | ||||
| EBITDA | 13.66 M | ||||
| Net Income | 2.8 M | ||||
| Cash And Equivalents | 21.68 M | ||||
| Cash Per Share | 0.90 X | ||||
| Total Debt | 48.47 M | ||||
| Debt To Equity | 139.00 % | ||||
| Current Ratio | 0.68 X | ||||
| Book Value Per Share | 3.26 X | ||||
| Cash Flow From Operations | 13.81 M | ||||
| Short Ratio | 0.29 X | ||||
| Earnings Per Share | 0.28 X | ||||
| Number Of Employees | 1 K | ||||
| Beta | 0.02 | ||||
| Market Capitalization | 59.48 M | ||||
| Total Asset | 130.5 M | ||||
| Retained Earnings | (20.63 M) | ||||
| Working Capital | (5.28 M) | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.19 % | ||||
| Net Asset | 130.5 M | ||||
| Last Dividend Paid | 0.12 |
About Canlan Ice Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canlan Ice Sports's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canlan Ice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canlan Ice Sports 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 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.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.Other Information on Investing in Canlan Stock
Canlan Ice financial ratios help investors to determine whether Canlan 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 Canlan with respect to the benefits of owning Canlan Ice security.