Canadian Utilities Limited Stock Analysis

Canadian Pink Sheet Analysis Notes

The company last dividend was issued on the 1st of February 2023. Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 4796 people.The quote for Canadian Utilities Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Canadian Utilities Limited please contact Nancy Southern at 403 292 7500 or go to https://www.canadianutilities.com.

Canadian Utilities Thematic Classifications

Canadian Profitablity

The company has Profit Margin (PM) of 0.17 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.31 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.31.

Technical Drivers

As of the 10th of February, Canadian Utilities shows the Risk Adjusted Performance of 0.1268, mean deviation of 0.4067, and Standard Deviation of 1.39. Canadian Utilities 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. Please confirm Canadian Utilities variance and skewness to decide if Canadian Utilities is priced correctly, providing market reflects its regular price of 18.03 per share. Given that Canadian Utilities has variance of 1.94, we suggest you to validate Canadian Utilities Limited's prevailing market performance to make sure the company can sustain itself at a future point.

Canadian Utilities Price Movement Analysis

Canadian Utilities Predictive Daily Indicators

Canadian Utilities Forecast Models

Canadian Utilities' time-series forecasting models are one of many Canadian Utilities' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Canadian Utilities' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Canadian Utilities Debt to Cash Allocation

Canadian Utilities Limited has accumulated 8.98 B in total debt with debt to equity ratio (D/E) of 1.39, which is about average as compared to similar companies. Canadian Utilities has a current ratio of 1.39, which is within standard range for the sector. Debt can assist Canadian Utilities until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Utilities' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Utilities sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Utilities' use of debt, we should always consider it together with cash and equity.

Canadian Utilities Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Canadian Utilities' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Canadian Utilities, which in turn will lower the firm's financial flexibility.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Canadian Utilities prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Canadian shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Canadian Utilities. By using and applying Canadian Pink Sheet analysis, traders can create a robust methodology for identifying Canadian entry and exit points for their positions.

When running Canadian Utilities' price analysis, check to measure Canadian Utilities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.