Cascades Stock Today

CAS Stock  CAD 11.15  0.11  1.00%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 23

 
High
 
Low
Low
Cascades is selling at 11.15 as of the 22nd of November 2024; that is 1.00% up since the beginning of the trading day. The stock's open price was 11.04. Cascades has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Cascades are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Materials
Category
Consumer Cyclical
Cascades Inc. produces, converts, and markets packaging and tissue products in Canada, the United States, Italy, and internationally. Cascades Inc. was founded in 1964 and is headquartered in Kingsey Falls, Canada. CASCADES INC operates under Paper Paper Products classification in Canada and is traded on Toronto Stock Exchange. The company has 100.99 M outstanding shares of which 698.35 K shares are currently shorted by private and institutional investors with about 5.85 days to cover all short positions. More on Cascades

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Cascades Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cascades' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cascades or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOHugues Simon
Business ConcentrationPaper & Plastic Packaging Products & Materials, Packaging & Containers, Consumer Cyclical, Materials, Containers & Packaging, Paper & Paper Products, Basic Materials (View all Sectors)
Cascades' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cascades' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Cascades can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cascades' financial leverage. It provides some insight into what part of Cascades' total assets is financed by creditors.
Liquidity
Cascades cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Cascades has accumulated 1.94 B in total debt with debt to equity ratio (D/E) of 1.27, which is about average as compared to similar companies. Cascades has a current ratio of 1.3, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Cascades until it has trouble settling it off, either with new capital or with free cash flow. So, Cascades' 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 Cascades sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cascades to invest in growth at high rates of return. When we think about Cascades' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

194.25 Million
Cascades (CAS) is traded on Toronto Exchange in Canada and employs 9,700 people. Cascades is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cascades's market, we take the total number of its shares issued and multiply it by Cascades's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cascades operates under Containers & Packaging sector and is part of Materials industry. The entity has 100.99 M outstanding shares of which 698.35 K shares are currently shorted by private and institutional investors with about 5.85 days to cover all short positions. Cascades has accumulated about 102 M in cash with 510 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71.
Check Cascades Probability Of Bankruptcy
Ownership Allocation
Cascades holds a total of 100.99 Million outstanding shares. Cascades retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cascades Ownership Details

Cascades Risk Profiles

Although Cascades' alpha and beta are two of the key measurements used to evaluate Cascades' performance over the market, the standard measures of volatility play an important role as well.

Cascades Stock Against Markets

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Cascades Corporate Directors

Sylvie LemaireNon-Independent DirectorProfile
Martin CoutureIndependent DirectorProfile
Louis GarneauIndependent DirectorProfile
Elise PelletierNon-Independent DirectorProfile

Other Information on Investing in Cascades Stock

Cascades financial ratios help investors to determine whether Cascades Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cascades with respect to the benefits of owning Cascades security.