Chorus Historical Balance Sheet

CHR Stock

CAD 3.25 0.06 1.81%

Trend analysis of Chorus Aviation balance sheet accounts such as Other Current Liab of 42.1 M, Total Current Liabilities of 842.6 M or Total Stockholder Equity of 1.3 B provides information on Chorus Aviation's total assets, liabilities, and equity, which is the actual value of Chorus Aviation to its prevalent stockholders. By breaking down trends over time using Chorus Aviation 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.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Chorus Aviation 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 Chorus Aviation is a good buy for the upcoming year.

Chorus Aviation Inventory

216.86 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chorus Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Chorus Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Chorus Aviation at a specified time, usually calculated after every quarter, six months, or one year. Chorus Aviation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chorus Aviation 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 Chorus currently owns. An asset can also be divided into two categories, current and non-current.

Chorus Aviation Balance Sheet Chart

At this time, Chorus Aviation's Inventory is very stable compared to the past year. As of the 24th of November 2024, Other Current Assets is likely to grow to about 28.5 M, while Total Assets are likely to drop about 2 B.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Other Stockholder Equity Capital Stock

Add Fundamental

Total Assets

Total assets refers to the total amount of Chorus Aviation assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chorus Aviation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Chorus Aviation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Chorus Aviation 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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most accounts from Chorus Aviation's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Chorus Aviation 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 Chorus Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	16.2M	65.6M	51.4M	42.1M
Total Assets	3.2B	4.1B	3.9B	2.0B

Other Current Liab Total Assets

Chorus Aviation balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Current Deferred Revenue
Total Assets		0.62	0.72	0.8	0.96	0.03	0.55	0.47	-0.02	0.69	0.81	-0.39	0.39	0.98	0.7	0.64	0.96	0.99	0.97	0.54	0.95	0.58	0.16	0.89	-0.38	-0.46
Other Current Liab	0.62		0.82	0.74	0.45	-0.13	0.75	0.23	-0.24	0.78	0.69	-0.38	0.4	0.54	0.62	0.59	0.45	0.58	0.55	0.58	0.42	0.67	0.56	0.7	-0.36	-0.41
Total Current Liabilities	0.72	0.82		0.91	0.55	-0.12	0.76	0.54	-0.1	0.98	0.78	-0.5	0.52	0.65	0.74	0.78	0.58	0.66	0.62	0.5	0.54	0.91	0.38	0.89	-0.47	-0.27
Total Stockholder Equity	0.8	0.74	0.91		0.65	0.26	0.51	0.44	0.17	0.9	0.63	-0.17	0.2	0.7	0.78	0.94	0.68	0.76	0.8	0.58	0.66	0.9	0.25	0.96	-0.14	-0.34
Net Debt	0.96	0.45	0.55	0.65		0.01	0.38	0.35	-0.12	0.52	0.71	-0.39	0.38	0.99	0.48	0.5	1.0	0.98	0.94	0.41	1.0	0.4	0.02	0.8	-0.39	-0.52
Retained Earnings	0.03	-0.13	-0.12	0.26	0.01		-0.55	-0.29	0.72	-0.1	-0.47	0.88	-0.88	-0.07	0.18	0.51	0.03	0.06	0.27	0.16	0.06	0.16	-0.22	0.12	0.89	0.11
Accounts Payable	0.55	0.75	0.76	0.51	0.38	-0.55		0.57	-0.31	0.74	0.86	-0.74	0.74	0.51	0.64	0.28	0.38	0.48	0.36	0.49	0.33	0.49	0.65	0.54	-0.72	-0.12
Cash	0.47	0.23	0.54	0.44	0.35	-0.29	0.57		0.31	0.55	0.7	-0.55	0.54	0.44	0.66	0.29	0.4	0.39	0.31	0.24	0.34	0.44	0.13	0.42	-0.53	-0.08
Cash And Short Term Investments	-0.02	-0.24	-0.1	0.17	-0.12	0.72	-0.31	0.31		-0.06	-0.24	0.62	-0.63	-0.12	0.44	0.34	-0.07	-0.04	0.11	0.16	-0.08	0.13	-0.15	-0.01	0.64	0.28
Net Receivables	0.69	0.78	0.98	0.9	0.52	-0.1	0.74	0.55	-0.06		0.77	-0.47	0.49	0.62	0.77	0.78	0.55	0.62	0.6	0.48	0.51	0.91	0.39	0.88	-0.43	-0.21
Common Stock Shares Outstanding	0.81	0.69	0.78	0.63	0.71	-0.47	0.86	0.7	-0.24	0.77		-0.8	0.79	0.8	0.66	0.37	0.72	0.75	0.64	0.45	0.68	0.53	0.37	0.73	-0.78	-0.41
Short Term Investments	-0.39	-0.38	-0.5	-0.17	-0.39	0.88	-0.74	-0.55	0.62	-0.47	-0.8		-1.0	-0.47	-0.16	0.11	-0.38	-0.36	-0.16	-0.06	-0.35	-0.2	-0.25	-0.33	1.0	0.31
Other Stockholder Equity	0.39	0.4	0.52	0.2	0.38	-0.88	0.74	0.54	-0.63	0.49	0.79	-1.0		0.47	0.15	-0.09	0.37	0.35	0.15	0.07	0.34	0.22	0.27	0.34	-1.0	-0.31
Total Liab	0.98	0.54	0.65	0.7	0.99	-0.07	0.51	0.44	-0.12	0.62	0.8	-0.47	0.47		0.58	0.53	0.99	0.99	0.94	0.45	0.98	0.48	0.1	0.84	-0.47	-0.5
Total Current Assets	0.7	0.62	0.74	0.78	0.48	0.18	0.64	0.66	0.44	0.77	0.66	-0.16	0.15	0.58		0.72	0.52	0.63	0.66	0.58	0.48	0.71	0.38	0.69	-0.13	0.01
Short Term Debt	0.64	0.59	0.78	0.94	0.5	0.51	0.28	0.29	0.34	0.78	0.37	0.11	-0.09	0.53	0.72		0.53	0.61	0.71	0.48	0.52	0.9	0.1	0.86	0.14	-0.18
Short Long Term Debt Total	0.96	0.45	0.58	0.68	1.0	0.03	0.38	0.4	-0.07	0.55	0.72	-0.38	0.37	0.99	0.52	0.53		0.98	0.95	0.43	1.0	0.43	0.02	0.82	-0.38	-0.51
Property Plant And Equipment Net	0.99	0.58	0.66	0.76	0.98	0.06	0.48	0.39	-0.04	0.62	0.75	-0.36	0.35	0.99	0.63	0.61	0.98		0.98	0.51	0.97	0.52	0.11	0.86	-0.35	-0.48
Non Current Assets Total	0.97	0.55	0.62	0.8	0.94	0.27	0.36	0.31	0.11	0.6	0.64	-0.16	0.15	0.94	0.66	0.71	0.95	0.98		0.54	0.94	0.55	0.08	0.87	-0.15	-0.45
Non Currrent Assets Other	0.54	0.58	0.5	0.58	0.41	0.16	0.49	0.24	0.16	0.48	0.45	-0.06	0.07	0.45	0.58	0.48	0.43	0.51	0.54		0.39	0.3	0.64	0.52	-0.04	-0.28
Non Current Liabilities Total	0.95	0.42	0.54	0.66	1.0	0.06	0.33	0.34	-0.08	0.51	0.68	-0.35	0.34	0.98	0.48	0.52	1.0	0.97	0.94	0.39		0.41	-0.02	0.81	-0.35	-0.53
Inventory	0.58	0.67	0.91	0.9	0.4	0.16	0.49	0.44	0.13	0.91	0.53	-0.2	0.22	0.48	0.71	0.9	0.43	0.52	0.55	0.3	0.41		0.12	0.83	-0.17	-0.13
Other Current Assets	0.16	0.56	0.38	0.25	0.02	-0.22	0.65	0.13	-0.15	0.39	0.37	-0.25	0.27	0.1	0.38	0.1	0.02	0.11	0.08	0.64	-0.02	0.12		0.18	-0.22	0.06
Property Plant And Equipment Gross	0.89	0.7	0.89	0.96	0.8	0.12	0.54	0.42	-0.01	0.88	0.73	-0.33	0.34	0.84	0.69	0.86	0.82	0.86	0.87	0.52	0.81	0.83	0.18		-0.3	-0.43
Intangible Assets	-0.38	-0.36	-0.47	-0.14	-0.39	0.89	-0.72	-0.53	0.64	-0.43	-0.78	1.0	-1.0	-0.47	-0.13	0.14	-0.38	-0.35	-0.15	-0.04	-0.35	-0.17	-0.22	-0.3		0.3
Current Deferred Revenue	-0.46	-0.41	-0.27	-0.34	-0.52	0.11	-0.12	-0.08	0.28	-0.21	-0.41	0.31	-0.31	-0.5	0.01	-0.18	-0.51	-0.48	-0.45	-0.28	-0.53	-0.13	0.06	-0.43	0.3

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Chorus Aviation Account Relationship Matchups

Chorus Aviation balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.3B	3.2B	4.1B	3.9B	2.0B
Other Current Liab	38.3M	10.9M	16.2M	65.6M	51.4M	42.1M
Total Current Liabilities	371.1M	380.4M	451.7M	732.7M	802.5M	842.6M
Total Stockholder Equity	605.0M	641.3M	690.5M	1.2B	1.2B	1.3B
Net Debt	1.8B	2.0B	1.8B	1.9B	1.6B	875.8M
Retained Earnings	(716.0M)	(684.4M)	(707.9M)	(702.4M)	(649.4M)	(681.9M)
Accounts Payable	162.0M	136.3M	194.5M	312.8M	298.1M	205.6M
Cash	87.2M	165.7M	123.6M	100.0M	176.4M	117.2M
Cash And Short Term Investments	87.2M	165.7M	123.6M	100.0M	176.4M	96.0M
Net Receivables	74.5M	120.6M	138.1M	203.8M	225.5M	236.8M
Common Stock Shares Outstanding	158.9M	163.6M	173.5M	199.0M	201.2M	149.5M
Short Term Investments	6.3M	6.2M	862K	3.3M	2.8M	2.7M
Liabilities And Stockholders Equity	2.9B	3.3B	3.2B	4.1B	3.9B	2.0B
Total Liab	2.3B	2.7B	2.5B	2.8B	2.6B	1.4B
Total Current Assets	234.7M	378.6M	350.0M	503.7M	630.8M	327.8M
Short Term Debt	170.3M	220.4M	230.3M	345.3M	433.4M	455.1M
Short Long Term Debt Total	1.8B	2.2B	1.9B	2.0B	1.8B	1.1B
Property Plant And Equipment Net	2.6B	2.8B	2.6B	3.3B	3.0B	1.5B
Non Current Assets Total	2.7B	3.0B	2.8B	3.6B	3.2B	1.8B
Non Currrent Assets Other	27.4M	38.9M	55.4M	212.3M	46.2M	47.2M
Non Current Liabilities Total	2.0B	2.3B	2.0B	2.1B	1.8B	1.1B
Inventory	61.8M	81.2M	76.2M	113.8M	206.5M	216.9M
Other Current Assets	11.2M	11.0M	12.2M	86.1M	22.3M	28.5M
Property Plant And Equipment Gross	2.6B	2.8B	3.6B	4.3B	4.2B	4.4B
Accumulated Other Comprehensive Income	(3.6M)	(5.6M)	(5.2M)	28.4M	27.4M	28.7M
Intangible Assets	2.1M	1.8M	1.7M	18.9M	14.6M	13.9M
Current Deferred Revenue	472K	12.7M	10.7M	8.9M	19.6M	11.6M
Common Stock Total Equity	32.4M	153.7M	281.8M	288.5M	331.7M	348.3M
Common Stock	281.8M	288.5M	356.6M	788.7M	781.7M	820.8M
Other Liab	298.0M	330.1M	350.9M	369.9M	425.4M	284.8M
Net Tangible Assets	596.0M	632.5M	681.6M	1.2B	1.3B	1.4B
Other Assets	140.0M	185.1M	232.6M	(18.3M)	(21.0M)	(20.0M)
Long Term Debt	1.7B	2.0B	1.7B	1.7B	1.3B	1.4B
Long Term Investments	637K	424K	0.0	26.0M	24.8M	26.1M
Short Long Term Debt	164.6M	216.8M	226.5M	340.3M	430.1M	451.6M
Property Plant Equipment	2.6B	2.8B	2.6B	3.3B	3.8B	2.1B
Long Term Debt Total	1.7B	2.0B	1.7B	1.7B	1.9B	1.5B
Capital Surpluse	1.0B	1.0B	1.0B	1.0B	934.0M	832.1M

Pair Trading with Chorus Aviation

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 Chorus Aviation 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 Chorus Aviation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chorus Stock

0.73	GOOG	Alphabet CDR	Pair Corr
0.83	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Chorus Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chorus Aviation 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 Chorus Aviation - 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 Chorus Aviation to buy it.

The correlation of Chorus Aviation 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 Chorus Aviation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chorus Aviation 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 Chorus Aviation 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.

Pair Correlation Correlation Matching

Other Information on Investing in Chorus Stock

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Chorus Historical Balance Sheet

Chorus Aviation Inventory

216.86 Million

About Chorus Balance Sheet Analysis

Chorus Aviation Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Capital Stock

Chorus Aviation balance sheet Correlations

Chorus Aviation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chorus Aviation balance sheet Accounts

Pair Trading with Chorus Aviation

Moving together with Chorus Stock

Other Information on Investing in Chorus Stock

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Short Long Term Debt Total	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Net Debt
Intangible Assets	+ 1.0	Short Term Investments
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Net Debt

Intangible Assets	- 1.0	Other Stockholder Equity
Other Stockholder Equity	- 1.0	Short Term Investments
Other Stockholder Equity	- 0.88	Retained Earnings
Short Term Investments	- 0.8	Common Stock Shares Outstanding
Intangible Assets	- 0.78	Common Stock Shares Outstanding
Short Term Investments	- 0.74	Accounts Payable