Choice Historical Balance Sheet
CHP-UN Stock | CAD 13.88 0.21 1.49% |
Trend analysis of Choice Properties Real balance sheet accounts such as Short Long Term Debt Total of 5.9 B, Total Current Liabilities of 1 B or Total Stockholder Equity of 2.6 B provides information on Choice Properties' total assets, liabilities, and equity, which is the actual value of Choice Properties Real to its prevalent stockholders. By breaking down trends over time using Choice Properties balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Choice Properties Real latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Choice Properties Real is a good buy for the upcoming year.
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About Choice Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Choice Properties Real at a specified time, usually calculated after every quarter, six months, or one year. Choice Properties Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Choice Properties and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Choice currently owns. An asset can also be divided into two categories, current and non-current.
Choice Properties Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Choice Properties balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Choice Properties Real are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Choice Properties obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Choice Properties Real are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of Choice Properties balance sheet that represents investments Choice Properties Real intends to hold for over a year. Choice Properties Real long term investments may include different instruments such as stocks, bonds, real estate and cash.Most accounts from Choice Properties' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Choice Properties Real current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Choice Properties Real. 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, Choice Properties' Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 265 M, whereas Total Assets are forecasted to decline to about 14.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.2B | 6.6B | 6.7B | 5.9B | Total Assets | 16.2B | 16.8B | 17.3B | 14.1B |
Choice Properties balance sheet Correlations
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Choice Properties Account Relationship Matchups
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Choice Properties balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.6B | 15.6B | 16.2B | 16.8B | 17.3B | 14.1B | |
Short Long Term Debt Total | 6.5B | 6.5B | 6.2B | 6.6B | 6.7B | 5.9B | |
Total Current Liabilities | 1.2B | 803.5M | 1.1B | 1.2B | 1.7B | 1.0B | |
Total Stockholder Equity | 3.1B | 3.5B | 3.3B | 3.8B | 4.4B | 2.6B | |
Property Plant And Equipment Net | 14.4B | 14.4B | 86.6M | 109.5M | 195.5M | 185.7M | |
Net Debt | 6.5B | 6.4B | 6.1B | 6.5B | 6.4B | 5.8B | |
Retained Earnings | 361.0M | 811.7M | 834.7M | 1.6B | 2.4B | 2.5B | |
Accounts Payable | 500.9M | 476.3M | 598.1M | 578.5M | 698.5M | 516.2M | |
Cash | 42.0M | 72.2M | 84.3M | 64.7M | 252.4M | 265.0M | |
Non Current Assets Total | 15.1B | 15.2B | 15.8B | 16.1B | 16.4B | 13.7B | |
Non Currrent Assets Other | 14.5B | 14.5B | 15.1B | (2.1B) | (2.3B) | (2.2B) | |
Cash And Short Term Investments | 42.0M | 207.2M | 84.3M | 64.7M | 252.4M | 265.0M | |
Net Receivables | 292.4M | 224.4M | 317.6M | 558.5M | 685.4M | 349.8M | |
Common Stock Shares Outstanding | 689.0M | 707.8M | 723.1M | 723.5M | 723.7M | 612.4M | |
Liabilities And Stockholders Equity | 15.6B | 15.6B | 16.2B | 16.8B | 17.3B | 14.1B | |
Non Current Liabilities Total | 11.3B | 11.3B | 11.7B | 11.8B | 11.3B | 10.5B | |
Inventory | (182K) | (377K) | 10.1M | 18.8M | 8.7M | 8.2M | |
Other Current Assets | 292.0M | 150.5M | 215.8M | 50.4M | (917.1M) | (871.3M) | |
Other Stockholder Equity | (1.0B) | (1.8B) | (2.0B) | (3.0B) | (4.1B) | (3.8B) | |
Total Liab | 12.5B | 12.1B | 12.9B | 13.0B | 12.9B | 11.5B | |
Total Current Assets | 432.2M | 431.7M | 412.0M | 692.4M | 946.5M | 993.8M | |
Accumulated Other Comprehensive Income | (1.3M) | (5.0M) | 1.4M | 12.9M | 6.6M | 6.9M | |
Short Term Debt | 715.6M | 327.3M | 518.5M | 655.7M | 964.5M | 492.2M | |
Common Stock | 3.4B | 3.7B | 3.7B | 3.7B | 3.7B | 2.5B | |
Other Current Liab | 1.1B | 646.7M | 906.9M | 1.1B | 516.2M | 798.6M | |
Other Liab | 146.6M | 139.3M | 187.9M | 159.0M | 182.8M | 107.8M | |
Net Tangible Assets | 3.1B | 3.5B | 3.3B | 3.8B | 4.4B | 2.7B | |
Other Assets | 217.9M | 255.1M | 302.8M | 646.7M | 743.7M | 780.9M | |
Long Term Debt | 6.5B | 6.2B | 5.7B | 5.9B | 5.7B | 6.3B | |
Long Term Investments | 606.1M | 642.0M | 651.0M | 1.3B | 1.1B | 625.1M | |
Short Long Term Debt | 718.4M | 327.3M | 518.5M | 655.7M | 964.5M | 590.9M | |
Property Plant Equipment | 14.4B | 14.4B | 14.9B | 14.4B | 16.6B | 13.7B | |
Current Deferred Revenue | (1.1B) | (646.7M) | (906.9M) | (1.1B) | (516.2M) | (542.0M) | |
Non Current Liabilities Other | 5.4B | 5.1B | 6.0B | 5.8B | 5.5B | 5.6B | |
Net Invested Capital | 9.6B | 10.0B | 9.5B | 10.4B | 11.1B | 10.5B | |
Net Working Capital | (784.3M) | (371.9M) | (714.7M) | (541.8M) | (716.5M) | (752.3M) | |
Short Term Investments | 182K | 135.0M | 3.3M | (302.3M) | 144.4M | 151.7M | |
Deferred Long Term Liab | 1.4M | 1.4M | 8.6M | 8.3M | 9.6M | 4.8M | |
Capital Stock | 3.4B | 3.7B | 3.7B | 3.7B | 3.7B | 3.9B |
Pair Trading with Choice Properties
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 Choice Properties 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 Choice Properties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Choice Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Properties 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 Choice Properties - 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 Choice Properties Real to buy it.
The correlation of Choice Properties 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 Choice Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Properties Real 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 Choice Properties 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 Choice Stock
Balance Sheet is a snapshot of the financial position of Choice Properties Real at a specified time, usually calculated after every quarter, six months, or one year. Choice Properties Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Choice Properties and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Choice currently owns. An asset can also be divided into two categories, current and non-current.