Chorus Aviation Inc.

TSX:CHR Stock Report

Market Cap: CA$588.2m

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 ratio2.4x
CashCA$23.67m
EquityCA$645.51m
Total liabilitiesCA$2.83b
Total assetsCA$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?

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

Recent updates

We Think You Can Look Beyond Chorus Aviation's (TSE:CHR) Lackluster Earnings

Nov 14
We Think You Can Look Beyond Chorus Aviation's (TSE:CHR) Lackluster Earnings

Revenue Beat: Chorus Aviation Inc. Exceeded Revenue Forecasts By 5.3% And Analysts Are Updating Their Estimates

Aug 17
Revenue Beat: Chorus Aviation Inc. Exceeded Revenue Forecasts By 5.3% And Analysts Are Updating Their Estimates

A Piece Of The Puzzle Missing From Chorus Aviation Inc.'s (TSE:CHR) 28% Share Price Climb

Jul 24
A Piece Of The Puzzle Missing From Chorus Aviation Inc.'s (TSE:CHR) 28% Share Price Climb

Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point

May 13
Chorus Aviation's (TSE:CHR) Earnings May Just Be The Starting Point

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

Financial 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).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:03
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Chorus Aviation Inc. is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George TrapkovBeacon Securities Limited
Fadi ChamounBMO Capital Markets Equity Research
Matthew LeeCanaccord Genuity