Cargojet Total Liabilities from 2010 to 2023
| CJT Stock | CAD 90.04 1.06 1.16% |
Check Cargojet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cargojet main balance sheet or income statement drivers, such as Direct Expenses of 511.6 M, Net Income of 162.6 M or Operating Income of 229.4 M, as well as many exotic indicators such as Interest Coverage of 7.42, Long Term Debt to Equity of 0.52 or Calculated Tax Rate of 19.26. Cargojet financial statements analysis is a perfect complement when working with Cargojet Valuation or Volatility modules.
Cargojet | Total Liabilities |
Cargojet Total Liabilities Breakdown
Showing smoothed Total Liabilities of Cargojet with missing and latest data points interpolated. Deferred Income Tax is recorded on Cargojet balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Cargojet books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; [Payables]; Deposit Liabilities; and Tax Liabilities. Cargojet's Total Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cargojet's overall financial position and show how it may be relating to other accounts over time.
| Total Liabilities | 10 Years Trend |
|
Total Liabilities |
| Timeline |
Cargojet Total Liabilities Regression Statistics
| Arithmetic Mean | 471,981,791 | |
| Geometric Mean | 297,147,265 | |
| Coefficient Of Variation | 73.39 | |
| Mean Deviation | 295,791,668 | |
| Median | 473,100,000 | |
| Standard Deviation | 346,387,951 | |
| Range | 999,728,391 | |
| R-Value | 0.92 | |
| R-Squared | 0.85 | |
| Slope | 76,280,479 |
Cargojet Total Liabilities History
| 2023 | 789.9 M | ||
| 2022 | 732.1 M | ||
| 2021 | 813.4 M | ||
| 2020 | 1 B | ||
| 2019 | 822.1 M | ||
| 2018 | 695.2 M | ||
| 2017 | 473.1 M | ||
| 2016 | 395.9 M | ||
| 2015 | 396 M | ||
| 2014 | 219.9 M | ||
| 2013 | 53.6 M |
About Cargojet Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cargojet income statement, its balance sheet, and the statement of cash flows. Cargojet investors use historical funamental indicators, such as Cargojet's Total Liabilities, to determine how well the company is positioned to perform in the future. Although Cargojet investors may use each financial statement separately, they are all related. The changes in Cargojet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cargojet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cargojet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cargojet. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for 2023 | ||
| Total Liabilities | 732.1 M | 789.9 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cargojet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cargojet's short interest history, or implied volatility extrapolated from Cargojet options trading.
Pair Trading with Cargojet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cargojet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cargojet will appreciate offsetting losses from the drop in the long position's value.Moving against Cargojet Stock
The ability to find closely correlated positions to Cargojet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cargojet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cargojet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cargojet to buy it.
The correlation of Cargojet is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cargojet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cargojet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cargojet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cargojet Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Cargojet Stock analysis
When running Cargojet's price analysis, check to measure Cargojet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Bond Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| CEO Directory Screen CEOs from public companies around the world |