Chorus Aviation Balance Sheet Health

Financial Health criteria checks 1/6

Chorus Aviation has a total shareholder equity of CA$1.3B and total debt of CA$1.7B, which brings its debt-to-equity ratio to 136.3%. Its total assets and total liabilities are CA$3.9B and CA$2.6B respectively. Chorus Aviation's EBIT is CA$276.2M making its interest coverage ratio 2.8. It has cash and short-term investments of CA$88.8M.

Key information

136.3%

Debt to equity ratio

CA$1.75b

Debt

Interest coverage ratio2.8x
CashCA$88.83m
EquityCA$1.28b
Total liabilitiesCA$2.57b
Total assetsCA$3.85b

Recent financial health updates

Recent updates

Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report

Feb 25
Analyst Estimates: Here's What Brokers Think Of Chorus Aviation Inc. (TSE:CHR) After Its Yearly Report

Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

Jan 10
Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

Sep 29
Does Chorus Aviation (TSE:CHR) Have A Healthy Balance Sheet?

These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Feb 04
These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Aug 14
These 4 Measures Indicate That Chorus Aviation (TSE:CHR) Is Using Debt In A Risky Way

Chorus Aviation Inc.'s (TSE:CHR) CEO Might Not Expect Shareholders To Be So Generous This Year

Jun 15
Chorus Aviation Inc.'s (TSE:CHR) CEO Might Not Expect Shareholders To Be So Generous This Year

Chorus Aviation Inc. (TSE:CHR) Delivered A Weaker ROE Than Its Industry

Mar 13
Chorus Aviation Inc. (TSE:CHR) Delivered A Weaker ROE Than Its Industry

Here's Why Chorus Aviation (TSE:CHR) Is Weighed Down By Its Debt Load

Feb 20
Here's Why Chorus Aviation (TSE:CHR) Is Weighed Down By Its Debt Load

Are Chorus Aviation's (TSE:CHR) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 29
Are Chorus Aviation's (TSE:CHR) Statutory Earnings A Good Guide To Its Underlying Profitability?

Returns On Capital At Chorus Aviation (TSE:CHR) Paint An Interesting Picture

Jan 07
Returns On Capital At Chorus Aviation (TSE:CHR) Paint An Interesting Picture

A Look At Chorus Aviation's (TSE:CHR) Share Price Returns

Dec 17
A Look At Chorus Aviation's (TSE:CHR) Share Price Returns

Can Chorus Aviation Inc.'s (TSE:CHR) ROE Continue To Surpass The Industry Average?

Dec 02
Can Chorus Aviation Inc.'s (TSE:CHR) ROE Continue To Surpass The Industry Average?

Newsflash: Chorus Aviation Inc. (TSE:CHR) Analysts Have Been Trimming Their Revenue Forecasts

Nov 19
Newsflash: Chorus Aviation Inc. (TSE:CHR) Analysts Have Been Trimming Their Revenue Forecasts

Financial Position Analysis

Short Term Liabilities: CHR's short term assets (CA$630.8M) do not cover its short term liabilities (CA$802.5M).

Long Term Liabilities: CHR's short term assets (CA$630.8M) do not cover its long term liabilities (CA$1.8B).


Debt to Equity History and Analysis

Debt Level: CHR's net debt to equity ratio (129.3%) is considered high.

Reducing Debt: CHR's debt to equity ratio has reduced from 335% to 136.3% over the past 5 years.

Debt Coverage: CHR's debt is not well covered by operating cash flow (17.2%).

Interest Coverage: CHR's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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