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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Choice Properties Real balance sheet. This account contains Choice Properties investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Choice Properties Real fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Long Term Debt
Long-term debt is a debt that Choice Properties Real has held for over one year. Long-term debt appears on Choice Properties Real balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Choice Properties Real balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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.