Canadian OTC Stock Financials

We suggest to use Canadian Utilities fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Canadian Utilities is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to break down and analyze data for twenty-eight available fundamental indicators for Canadian Utilities, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Canadian Utilities financials, including its price to sales and the relationship between the cash and equivalents and market capitalization .
  
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With this module, you can analyze Canadian financials for your investing period. You should be able to track the changes in Canadian Utilities individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Canadian Utilities Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canadian Utilities' financial statements are interrelated, with each one affecting the others. For example, an increase in Canadian Utilities' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 65
Canadian Utilities has more than 65 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Canadian Utilities otc stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Canadian Utilities' official financial statements usually reflect Canadian Utilities' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Canadian Utilities. For example, before you start analyzing numbers published by Canadian accountants, it's critical to develop an understanding of what Canadian Utilities' liquidity, profitability, and earnings quality are in the context of the Utilities space in which it operates.
Please note, the presentation of Canadian Utilities' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canadian Utilities' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Canadian Utilities' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Canadian Utilities. Please utilize our Beneish M Score to check the likelihood of Canadian Utilities' management to manipulate its earnings.

Canadian Utilities Company Summary

Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 4796 people.
InstrumentUSA OTC Stock View All
ExchangeOTC Exchange
Business AddressWest Building
SectorUtilities
IndustryUtilities—Diversified
BenchmarkDOW
Websitewww.canadianutilities.com
Phone403 292 7500
CurrencyUSD - US Dollar
You should never invest in Canadian Utilities without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canadian OTC Stock, because this is throwing your money away. Analyzing the key information contained in Canadian Utilities' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Canadian Utilities Key Financial Ratios

Generally speaking, Canadian Utilities' financial ratios allow both analysts and investors to convert raw data from Canadian Utilities' financial statements into concise, actionable information that can be used to evaluate the performance of Canadian Utilities over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canadian Utilities reports annually and quarterly.

Canadian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Canadian Utilities's current stock value. Our valuation model uses many indicators to compare Canadian Utilities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Utilities competition to find correlations between indicators driving Canadian Utilities's intrinsic value. More Info.
Canadian Utilities is number one stock in price to earning category among related companies. It is number one stock in debt to equity category among related companies fabricating about  0.03  of Debt to Equity per Price to Earning. The ratio of Price to Earning to Debt to Equity for Canadian Utilities is roughly  29.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canadian Utilities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canadian Utilities' OTC Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canadian Utilities' earnings, one of the primary drivers of an investment's value.

Canadian Utilities Systematic Risk

Canadian Utilities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canadian Utilities volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Canadian Utilities correlated with the market. If Beta is less than 0 Canadian Utilities generally moves in the opposite direction as compared to the market. If Canadian Utilities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canadian Utilities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canadian Utilities is generally in the same direction as the market. If Beta > 1 Canadian Utilities moves generally in the same direction as, but more than the movement of the benchmark.
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About Canadian Utilities Financials

What exactly are Canadian Utilities Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Canadian Utilities' income statement, its balance sheet, and the statement of cash flows. Potential Canadian Utilities investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Canadian Utilities investors may use each financial statement separately, they are all related. The changes in Canadian Utilities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Utilities'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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Canadian Utilities is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Canadian grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Canadian Utilities July 4, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Canadian Utilities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canadian Utilities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian Utilities based on widely used predictive technical indicators. In general, we focus on analyzing Canadian OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian Utilities's daily price indicators and compare them against related drivers.
Information Ratio0.1283
Maximum Drawdown170.06
Continue to Trending Equities. Note that the Canadian Utilities information on this page should be used as a complementary analysis to other Canadian Utilities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Canadian Utilities price analysis, check to measure Canadian Utilities' 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 Canadian Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Utilities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Utilities. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Canadian Utilities is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Utilities' value that differs from its market value or its book value, called intrinsic value, which is Canadian Utilities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Utilities' market value can be influenced by many factors that don't directly affect Canadian Utilities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine Canadian Utilities value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.