Chemtrade Logistics Income Fund Balance Sheet Health
Financial Health criteria checks 3/6
Chemtrade Logistics Income Fund has a total shareholder equity of CA$804.2M and total debt of CA$655.5M, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are CA$2.2B and CA$1.4B respectively. Chemtrade Logistics Income Fund's EBIT is CA$242.9M making its interest coverage ratio 4.9. It has cash and short-term investments of CA$16.3M.
Key information
81.5%
Debt to equity ratio
CA$655.48m
Debt
| Interest coverage ratio | 4.9x |
| Cash | CA$16.34m |
| Equity | CA$804.21m |
| Total liabilities | CA$1.36b |
| Total assets | CA$2.16b |
Recent financial health updates
Recent updates
Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.055
Jul 26
Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.055
Apr 26Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.055
Feb 24Sentiment Still Eluding Chemtrade Logistics Income Fund (TSE:CHE.UN)
Jan 16Is Chemtrade Logistics Income Fund (TSE:CHE.UN) Potentially Undervalued?
Oct 11Robust Earnings May Not Tell The Whole Story For Chemtrade Logistics Income Fund (TSE:CHE.UN)
Mar 01Chemtrade Logistics Income Fund (TSE:CHE.UN) Will Pay A Dividend Of CA$0.05
Jan 27We Think Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Taking Some Risk With Its Debt
Jan 19Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.05
Dec 22Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Paying Out A Dividend Of CA$0.05
Oct 25An Intrinsic Calculation For Chemtrade Logistics Income Fund (TSE:CHE.UN) Suggests It's 48% Undervalued
Oct 12Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Affirmed Its Dividend Of CA$0.05
Aug 25News Flash: Analysts Just Made A Notable Upgrade To Their Chemtrade Logistics Income Fund (TSE:CHE.UN) Forecasts
Aug 12Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.05
Jun 25Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.05
May 24Is Chemtrade Logistics Income Fund (TSE:CHE.UN) Trading At A 25% Discount?
May 17Financial Position Analysis
Short Term Liabilities: CHE.UN's short term assets (CA$304.4M) do not cover its short term liabilities (CA$753.4M).
Long Term Liabilities: CHE.UN's short term assets (CA$304.4M) do not cover its long term liabilities (CA$604.3M).
Debt to Equity History and Analysis
Debt Level: CHE.UN's net debt to equity ratio (79.5%) is considered high.
Reducing Debt: CHE.UN's debt to equity ratio has reduced from 170.3% to 81.5% over the past 5 years.
Debt Coverage: CHE.UN's debt is well covered by operating cash flow (52.8%).
Interest Coverage: CHE.UN's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Chemtrade Logistics Income Fund is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joel Jackson | BMO Capital Markets Equity Research |
| Hamir Patel | CIBC Capital Markets |
| Jacob Bout | CIBC Capital Markets |