Air Financial Statements From 2010 to 2024
| AC Stock | CAD 20.00 0.10 0.50% |
Gross Profit 4 B | Profit Margin 0.1043 | Market Capitalization 7.2 B | Enterprise Value Revenue 0.5465 | Revenue 21.8 B |
Air Canada Total Revenue |
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Check Air Canada financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Interest Expense of 976.5 M or Selling General Administrative of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.92 or PTB Ratio of 7.9. Air financial statements analysis is a perfect complement when working with Air Canada Valuation or Volatility modules.
Air | Select Account or Indicator |
Air Canada Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Air Canada Income Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Air Canada Cash Flow Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Air Canada Valuation Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Air Fundamental Market Drivers
| Forward Price Earnings | 6.2617 |
About Air Canada Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Air Canada income statement, its balance sheet, and the statement of cash flows. Air Canada investors use historical funamental indicators, such as Air Canada's revenue or net income, to determine how well the company is positioned to perform in the future. Although Air Canada investors may use each financial statement separately, they are all related. The changes in Air Canada's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Air Canada'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 Air Canada Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Air Canada. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 6.2 B | 6.5 B | |
| Total Revenue | 21.8 B | 13.6 B | |
| Cost Of Revenue | 15.7 B | 10.1 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.03 | 0.02 | |
| Research And Ddevelopement To Revenue | 0 | 0 | |
| Capex To Revenue | (0.07) | (0.08) | |
| Revenue Per Share | 60.99 | 73.32 | |
| Ebit Per Revenue | 0.10 | 0.11 |
Pair Trading with Air Canada
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 Air Canada 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 Air Canada will appreciate offsetting losses from the drop in the long position's value.Moving against Air Stock
| 0.54 | SBUX | Starbucks CDR | PairCorr |
The ability to find closely correlated positions to Air Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Canada 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 Air Canada - 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 Air Canada to buy it.
The correlation of Air Canada is a statistical measure of how it moves in relation to other instruments. 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 Air Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Canada 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 Air Canada 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 Air Canada Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Air Stock analysis
When running Air Canada's price analysis, check to measure Air Canada'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 Air Canada is operating at the current time. Most of Air Canada's value examination focuses on studying past and present price action to predict the probability of Air Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Canada's price. Additionally, you may evaluate how the addition of Air Canada to your portfolios can decrease your overall portfolio volatility.
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