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 ratio | 2.8x |
Cash | CA$88.83m |
Equity | CA$1.28b |
Total liabilities | CA$2.57b |
Total assets | CA$3.85b |
Recent financial health updates
Does 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 14Here's Why Chorus Aviation (TSE:CHR) Is Weighed Down By Its Debt Load
Feb 20Recent updates
Analyst 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 15Chorus Aviation Inc. (TSE:CHR) Delivered A Weaker ROE Than Its Industry
Mar 13Here's Why Chorus Aviation (TSE:CHR) Is Weighed Down By Its Debt Load
Feb 20Are Chorus Aviation's (TSE:CHR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 29Returns On Capital At Chorus Aviation (TSE:CHR) Paint An Interesting Picture
Jan 07A Look At Chorus Aviation's (TSE:CHR) Share Price Returns
Dec 17Can Chorus Aviation Inc.'s (TSE:CHR) ROE Continue To Surpass The Industry Average?
Dec 02Newsflash: Chorus Aviation Inc. (TSE:CHR) Analysts Have Been Trimming Their Revenue Forecasts
Nov 19Financial 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).