Chemtrade Logistics Income Stock Today

CHE-UN Stock  CAD 11.50  0.06  0.52%   

Performance

18 of 100

 
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Odds Of Distress

Less than 25

 
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Low
Chemtrade Logistics is trading at 11.50 as of the 25th of November 2024, a 0.52 percent increase since the beginning of the trading day. The stock's open price was 11.44. Chemtrade Logistics has about a 25 % 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 Chemtrade Logistics Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. Chemtrade Logistics Income Fund was founded in 2001 and is headquartered in Toronto, Canada. CHEMTRADE LOGISTICS operates under Specialty Chemicals classification in Canada and is traded on Toronto Stock Exchange. The company has 121.5 M outstanding shares of which 2.94 M shares are currently shorted by private and institutional investors with about 14.59 days to cover all short positions. More on Chemtrade Logistics Income

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Chemtrade 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. Chemtrade Logistics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chemtrade Logistics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOScott Rook
Thematic IdeaMarketing (View all Themes)
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, Marketing, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Chemtrade Logistics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Chemtrade Logistics' 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
Chemtrade Logistics 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 Chemtrade Logistics' financial leverage. It provides some insight into what part of Chemtrade Logistics' total assets is financed by creditors.
Liquidity
Chemtrade Logistics 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. Chemtrade Logistics Income has accumulated 863.95 M in total debt with debt to equity ratio (D/E) of 2.14, implying the company greatly relies on financing operations through barrowing. Chemtrade Logistics has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Chemtrade Logistics until it has trouble settling it off, either with new capital or with free cash flow. So, Chemtrade Logistics' 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 Chemtrade Logistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chemtrade to invest in growth at high rates of return. When we think about Chemtrade Logistics' use of debt, we should always consider it together with cash and equity.

Change In Cash

(48.49 Million)
Chemtrade Logistics Income (CHE-UN) is traded on Toronto Exchange in Canada and employs 11 people. Chemtrade Logistics is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chemtrade Logistics's market, we take the total number of its shares issued and multiply it by Chemtrade Logistics'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. Chemtrade Logistics operates under Chemicals sector and is part of Materials industry. The entity has 121.5 M outstanding shares of which 2.94 M shares are currently shorted by private and institutional investors with about 14.59 days to cover all short positions. Chemtrade Logistics Income has accumulated about 12.33 M in cash with 401.46 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check Chemtrade Logistics Probability Of Bankruptcy
Ownership Allocation
Chemtrade Logistics holds a total of 121.5 Million outstanding shares. Almost 88.51 percent of Chemtrade Logistics outstanding shares are held by general public with 0.18 (percent) owned by insiders and only 11.31 % by other corporate entities. 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 Chemtrade Ownership Details

Chemtrade Logistics Risk Profiles

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

Chemtrade Stock Against Markets

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Chemtrade Logistics Corporate Management

Elected by the shareholders, the Chemtrade Logistics' board of directors comprises two types of representatives: Chemtrade Logistics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chemtrade. The board's role is to monitor Chemtrade Logistics' management team and ensure that shareholders' interests are well served. Chemtrade Logistics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Chemtrade Logistics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Tim MontgomeryGroup EngineeringProfile
Susan PareGeneral SecretaryProfile
Alan RobinsonGroup CommercialProfile
Ryan PaullSenior DevelopmentProfile
Bramora RebelloVice ResourcesProfile

Other Information on Investing in Chemtrade Stock

Chemtrade Logistics financial ratios help investors to determine whether Chemtrade 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 Chemtrade with respect to the benefits of owning Chemtrade Logistics security.