Chorus Aviation Balance Sheet Health
Financial Health criteria checks 4/6
Chorus Aviation has a total shareholder equity of CA$645.5M and total debt of CA$653.1M, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are CA$3.5B and CA$2.8B respectively. Chorus Aviation's EBIT is CA$227.8M making its interest coverage ratio 2.4. It has cash and short-term investments of CA$23.7M.
Key information
101.2%
Debt to equity ratio
CA$653.07m
Debt
| Interest coverage ratio | 2.4x |
| Cash | CA$23.67m |
| Equity | CA$645.51m |
| Total liabilities | CA$2.83b |
| Total assets | CA$3.48b |
Recent financial health updates
Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?
Jan 10
Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?
Sep 29These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way
Feb 04These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way
Aug 14Recent updates
We Think You Can Look Beyond Chorus Aviation's (TSE:CHR) Lackluster Earnings
Nov 14Revenue Beat: Chorus Aviation Inc. Exceeded Revenue Forecasts By 5.3% And Analysts Are Updating Their Estimates
Aug 17A Piece Of The Puzzle Missing From Chorus Aviation Inc.'s (TSE:CHR) 28% Share Price Climb
Jul 24Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point
May 13Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report
Feb 25Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?
Jan 10Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?
Sep 29These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way
Feb 04These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way
Aug 14Chorus Aviation Inc.'s (TSE:CHR) CEO Might Not Expect Shareholders To Be So Generous This Year
Jun 15Financial Position Analysis
Short Term Liabilities: CHR's short term assets (CA$2.4B) exceed its short term liabilities (CA$2.1B).
Long Term Liabilities: CHR's short term assets (CA$2.4B) exceed its long term liabilities (CA$739.3M).
Debt to Equity History and Analysis
Debt Level: CHR's net debt to equity ratio (97.5%) is considered high.
Reducing Debt: CHR's debt to equity ratio has reduced from 291.7% to 101.2% over the past 5 years.
Debt Coverage: CHR's debt is well covered by operating cash flow (39%).
Interest Coverage: CHR's interest payments on its debt are not well covered by EBIT (2.4x coverage).