Chemtrade Historical Financial Ratios
| CHE-UN Stock | CAD 11.61 0.11 0.96% |
Chemtrade Logistics is presently reporting on over 91 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.1, PTB Ratio of 1.25 or Days Sales Outstanding of 52.25 will help investors to properly organize and evaluate Chemtrade Logistics financial condition quickly.
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About Chemtrade Financial Ratios Analysis
Chemtrade LogisticsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Chemtrade Logistics investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Chemtrade financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Chemtrade Logistics history.
Chemtrade Logistics Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Chemtrade Logistics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Chemtrade Logistics sales, a figure that is much harder to manipulate than other Chemtrade Logistics Income multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Chemtrade Logistics Income dividend as a percentage of Chemtrade Logistics stock price. Chemtrade Logistics dividend yield is a measure of Chemtrade Logistics stock productivity, which can be interpreted as interest rate earned on an Chemtrade Logistics investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most ratios from Chemtrade Logistics' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Chemtrade Logistics current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemtrade Logistics Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Chemtrade Logistics' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Dividend Yield is expected to grow to 0.10, whereas PTB Ratio is forecasted to decline to 1.25.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.069 | 0.0563 | 0.1 | Price To Sales Ratio | 0.55 | 0.54 | 0.89 |
Chemtrade Logistics fundamentals Correlations
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Chemtrade Logistics Account Relationship Matchups
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High Negative Relationship
Chemtrade Logistics fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | 0.95 | 1.34 | 0.89 | 1.98 | 1.72 | 1.25 | |
| Days Sales Outstanding | 37.42 | 24.24 | 26.09 | 25.89 | 30.56 | 52.25 | |
| Book Value Per Share | 8.2 | 6.54 | 3.73 | 5.22 | 6.08 | 9.7 | |
| Free Cash Flow Yield | 0.0423 | 0.34 | 0.18 | 0.26 | 0.24 | 0.25 | |
| Operating Cash Flow Per Share | 1.51 | 2.83 | 2.15 | 3.4 | 3.45 | 1.75 | |
| Stock Based Compensation To Revenue | 0.007538 | 0.004949 | 0.0188 | 0.0116 | 0.0104 | 0.006974 | |
| Pb Ratio | 0.95 | 1.34 | 0.89 | 1.98 | 1.72 | 1.25 | |
| Ev To Sales | 1.66 | 1.39 | 1.41 | 1.07 | 0.99 | 1.06 | |
| Free Cash Flow Per Share | 0.47 | 1.99 | 1.31 | 2.34 | 2.02 | 1.65 | |
| Roic | (0.004304) | (0.0559) | (0.11) | 0.0962 | 0.19 | 0.2 | |
| Inventory Turnover | 11.74 | 12.07 | 12.28 | 9.9 | 11.42 | 18.89 | |
| Net Income Per Share | (1.08) | (1.81) | (2.31) | 1.01 | 2.15 | 2.25 | |
| Days Of Inventory On Hand | 31.09 | 30.25 | 29.72 | 36.86 | 31.97 | 18.54 | |
| Payables Turnover | 10.65 | 11.12 | 10.06 | 8.65 | 8.92 | 6.77 | |
| Sales General And Administrative To Revenue | 0.0622 | 0.073 | 0.0842 | 0.0656 | 0.0737 | 0.0802 | |
| Capex To Revenue | 0.0628 | 0.0559 | 0.0629 | 0.0637 | 0.0901 | 0.0946 | |
| Pocfratio | 7.32 | 2.06 | 3.44 | 2.63 | 2.47 | 2.34 | |
| Interest Coverage | (0.14) | (1.7) | (1.9) | 3.49 | 5.63 | 5.91 | |
| Payout Ratio | (1.12) | (0.4) | (0.22) | 0.5 | 0.23 | 0.22 | |
| Capex To Operating Cash Flow | 0.69 | 0.29 | 0.39 | 0.31 | 0.41 | 0.26 | |
| Pfcf Ratio | 23.65 | 2.92 | 5.66 | 3.83 | 4.21 | 4.0 | |
| Days Payables Outstanding | 34.26 | 32.83 | 36.26 | 42.17 | 40.9 | 49.91 | |
| Income Quality | (1.4) | (1.56) | (0.93) | 3.38 | 1.61 | 2.31 | |
| Ev To Operating Cash Flow | 18.23 | 7.3 | 8.81 | 5.26 | 4.56 | 4.34 | |
| Pe Ratio | (10.25) | (3.23) | (3.2) | 8.91 | 3.97 | 3.77 | |
| Return On Tangible Assets | (0.0522) | (0.0956) | (0.16) | 0.0695 | 0.16 | 0.17 | |
| Ev To Free Cash Flow | 58.9 | 10.34 | 14.53 | 7.66 | 7.8 | 14.86 | |
| Earnings Yield | 0.0869 | (0.14) | (0.0976) | (0.31) | 0.25 | 0.26 | |
| Intangibles To Total Assets | 0.43 | 0.41 | 0.31 | 0.3 | 0.27 | 0.26 | |
| Net Debt To E B I T D A | 12.47 | 6.76 | 11.48 | 12.68 | 2.18 | 1.42 | |
| Current Ratio | 0.82 | 1.35 | 1.43 | 0.53 | 0.8 | 1.21 | |
| Tangible Book Value Per Share | (1.21) | (1.53) | (2.21) | (0.19) | 1.45 | 1.52 | |
| Receivables Turnover | 9.75 | 15.06 | 13.99 | 14.1 | 11.94 | 6.75 | |
| Graham Number | 14.09 | 16.3 | 13.94 | 10.87 | 17.14 | 10.42 | |
| Shareholders Equity Per Share | 8.2 | 6.54 | 3.73 | 5.22 | 6.08 | 9.69 |
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
| 0.67 | AG | First Majestic Silver | PairCorr |
| 0.78 | 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 LogisticsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Chemtrade Logistics investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Chemtrade financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Chemtrade Logistics history.