Canterbury Financial Statements From 2010 to 2024

CPHC Stock  USD 23.04  1.74  7.02%   
Canterbury Park financial statements provide useful quarterly and yearly information to potential Canterbury Park Holding investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Canterbury Park financial statements helps investors assess Canterbury Park's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Canterbury Park's valuation are summarized below:
Gross Profit
26.8 M
Profit Margin
0.1719
Market Capitalization
123.2 M
Enterprise Value Revenue
1.3463
Revenue
61.4 M
We have found one hundred twenty available fundamental signals for Canterbury Park Holding, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to validate all of Canterbury Park's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 105.6 M. The current year's Enterprise Value is expected to grow to about 78.5 M

Canterbury Park Total Revenue

47.31 Million

Check Canterbury Park financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canterbury main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 1.1 M or Selling General Administrative of 21.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0215 or PTB Ratio of 1.91. Canterbury financial statements analysis is a perfect complement when working with Canterbury Park Valuation or Volatility modules.
  
This module can also supplement various Canterbury Park Technical models . Check out the analysis of Canterbury Park Correlation against competitors.

Canterbury Park Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets110.2 M105 M59.4 M
Slightly volatile
Other Current Liabilities4.5 M6.2 MM
Slightly volatile
Total Current Liabilities7.2 M11.1 M8.3 M
Slightly volatile
Total Stockholder Equity85.9 M81.8 M45.4 M
Slightly volatile
Property Plant And Equipment Net26 M44.3 M31.4 M
Slightly volatile
Accounts Payable2.4 M4.6 M2.8 M
Slightly volatile
Non Current Assets Total72.1 M68.7 M43.2 M
Slightly volatile
Net Receivables4.8 M4.6 M2.7 M
Slightly volatile
Common Stock Shares Outstanding4.4 M4.9 M4.3 M
Slightly volatile
Liabilities And Stockholders Equity110.2 M105 M59.4 M
Slightly volatile
Other Current Assets613.2 K645.4 KM
Pretty Stable
Other Stockholder Equity29.9 M27.4 M34.1 M
Pretty Stable
Total Liabilities24.3 M23.2 M14 M
Slightly volatile
Property Plant And Equipment Gross80.3 M76.5 M42.2 M
Slightly volatile
Total Current Assets38.1 M36.3 M16.2 M
Slightly volatile
Non Currrent Assets Other10.4 K11 K5.4 M
Slightly volatile
Inventory207.6 K249.4 K240.6 K
Slightly volatile
Short and Long Term Debt Total59.3 K62.4 K1.2 M
Slightly volatile
Short Term Debt25.6 K27 K377 K
Slightly volatile
Other Assets155 K163.2 K4.8 M
Slightly volatile
Common Stock Total Equity45.4 K56.2 K44.6 K
Slightly volatile
Common Stock46.1 K49.6 K44.2 K
Slightly volatile
Property Plant Equipment28.8 M42 M30.9 M
Slightly volatile
Non Current Liabilities Total12.7 M12.1 M5.4 M
Slightly volatile
Other Liabilities12.9 M12.3 M4.8 M
Slightly volatile
Net Tangible Assets49.8 M81.9 M44.6 M
Slightly volatile
Deferred Long Term Liabilities4.5 M8.6 M4.2 M
Slightly volatile
Current Deferred Revenue261.2 K274.9 K710.6 K
Slightly volatile
Long Term Debt Total61.4 K64.6 K1.1 M
Slightly volatile
Capital Surpluse23.6 M29.8 M21.3 M
Slightly volatile
Short and Long Term Debt2.5 M2.9 M3.1 M
Slightly volatile
Retained Earnings Total Equity29.9 M52 M26.5 M
Slightly volatile
Long Term Investments7.4 M6.6 M4.9 M
Slightly volatile
Net Invested Capital63.7 M81.8 M50.3 M
Slightly volatile
Capital Stock52.4 K49.6 K46.7 K
Slightly volatile

Canterbury Park Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.9 M3.1 M2.1 M
Slightly volatile
Selling General Administrative21.7 M31.5 M22.1 M
Slightly volatile
Total Revenue47.3 M61.4 M49.3 M
Slightly volatile
Gross Profit32.2 M20.2 M35.4 M
Slightly volatile
Other Operating Expenses43.9 M56.3 M45.2 M
Slightly volatile
Cost Of Revenue43.3 M41.3 M15.7 M
Slightly volatile
Total Operating Expenses28.8 M15 M31.4 M
Pretty Stable
Net Income Applicable To Common Shares9.1 M8.6 M4.2 M
Slightly volatile
Selling And Marketing Expenses2.1 M2.1 MM
Pretty Stable
Net Income From Continuing Ops5.4 M10.6 M4.1 M
Slightly volatile
Interest Income2.1 MM455.5 K
Slightly volatile
Reconciled Depreciation3.1 M3.1 M2.7 M
Slightly volatile
Extraordinary Items150.1 K158 K796.4 K
Slightly volatile

Canterbury Park Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
DepreciationM3.1 M2.3 M
Slightly volatile
Capital Expenditures8.3 M7.9 M4.8 M
Slightly volatile
End Period Cash Flow27.1 M25.8 M11.1 M
Slightly volatile
Begin Period Cash Flow16.9 M16.1 MM
Slightly volatile
Dividends Paid1.1 M1.4 M1.1 M
Pretty Stable
Issuance Of Capital Stock240.7 K230.6 K502.3 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.721.63651.2098
Slightly volatile
Dividend Yield0.02150.01380.0221
Slightly volatile
PTB Ratio1.911.22921.4248
Pretty Stable
Days Sales Outstanding28.4927.135518.0204
Slightly volatile
Book Value Per Share17.4516.620710.0197
Slightly volatile
Invested Capital7.0E-48.0E-40.0419
Slightly volatile
Average Payables1.9 M2.4 M2.6 M
Very volatile
PB Ratio1.911.22921.4248
Pretty Stable
EV To Sales0.71.21691.0036
Slightly volatile
ROIC0.04230.04450.085
Slightly volatile
Inventory Turnover88.4616564.5043
Very volatile
Days Of Inventory On Hand2.12.20556.6666
Very volatile
Payables Turnover8.568.97265.5033
Very volatile
Sales General And Administrative To Revenue0.350.51230.4315
Slightly volatile
Average Inventory154.4 K230.1 K241.5 K
Slightly volatile
Payout Ratio0.120.13110.5066
Slightly volatile
Days Payables Outstanding56.5640.679280.2703
Very volatile
Income Quality1.041.0952.1876
Slightly volatile
Current Ratio3.443.27581.7927
Slightly volatile
Tangible Book Value Per Share17.4516.620710.0197
Slightly volatile
Receivables Turnover12.7813.45160.622
Slightly volatile
Graham Number29.7528.331614.3304
Slightly volatile
Shareholders Equity Per Share17.4516.620710.0197
Slightly volatile
Debt To Equity7.0E-48.0E-40.0419
Slightly volatile
Average ReceivablesM6.7 M2.8 M
Slightly volatile
Revenue Per Share8.5512.483711.0423
Slightly volatile
Interest Debt Per Share0.0120.01270.2603
Slightly volatile
Debt To Assets6.0E-46.0E-40.0305
Slightly volatile
Short Term Coverage Ratios451429149
Slightly volatile
Operating Cycle30.8129.341124.4863
Slightly volatile
Price Book Value Ratio1.911.22921.4248
Pretty Stable
Days Of Payables Outstanding56.5640.679280.2703
Very volatile
Dividend Payout Ratio0.120.13110.5066
Slightly volatile
Ebt Per Ebit3.042.89861.1885
Slightly volatile
Effective Tax Rate0.510.29490.7718
Pretty Stable
Company Equity Multiplier1.471.28341.3314
Very volatile
Long Term Debt To Capitalization5.0E-45.0E-40.0298
Slightly volatile
Total Debt To Capitalization7.0E-48.0E-40.0385
Slightly volatile
Debt Equity Ratio7.0E-48.0E-40.0419
Slightly volatile
Quick Ratio3.353.19511.4629
Slightly volatile
Days Of Inventory Outstanding2.12.20556.6666
Very volatile
Days Of Sales Outstanding28.4927.135518.0204
Slightly volatile
Cash Flow Coverage Ratios96.8718579.9887
Slightly volatile
Price To Book Ratio1.911.22921.4248
Pretty Stable
Fixed Asset Turnover2.161.38831.595
Very volatile
Debt Ratio6.0E-46.0E-40.0305
Slightly volatile
Cash Flow To Debt Ratio96.8718579.9887
Slightly volatile
Price Sales Ratio1.721.63651.2098
Slightly volatile
Asset Turnover0.560.58520.9368
Slightly volatile
Gross Profit Margin0.510.32830.6873
Very volatile
Price Fair Value1.911.22921.4248
Pretty Stable

Canterbury Park Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap105.6 M100.5 M63.6 M
Slightly volatile
Enterprise Value78.5 M74.8 M54.4 M
Slightly volatile

Canterbury Fundamental Market Drivers

Cash And Short Term Investments30.8 M

Canterbury Upcoming Events

18th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Canterbury Park Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Canterbury Park income statement, its balance sheet, and the statement of cash flows. Canterbury Park investors use historical funamental indicators, such as Canterbury Park's revenue or net income, to determine how well the company is positioned to perform in the future. Although Canterbury Park investors may use each financial statement separately, they are all related. The changes in Canterbury Park's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canterbury Park'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 Canterbury Park Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canterbury Park. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue274.9 K261.2 K
Total Revenue61.4 M47.3 M
Cost Of Revenue41.3 M43.3 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.51  0.35 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.13)(0.14)
Revenue Per Share 12.48  8.55 
Ebit Per Revenue 0.08  0.05 

Pair Trading with Canterbury Park

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 Canterbury Park 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 Canterbury Park will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Canterbury Park could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canterbury Park 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 Canterbury Park - 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 Canterbury Park Holding to buy it.
The correlation of Canterbury Park 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 Canterbury Park moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canterbury Park Holding 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 Canterbury Park 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.
Pair CorrelationCorrelation Matching
When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
Check out the analysis of Canterbury Park Correlation against competitors.
Note that the Canterbury Park Holding information on this page should be used as a complementary analysis to other Canterbury Park's 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 the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Canterbury Stock analysis

When running Canterbury Park's price analysis, check to measure Canterbury Park'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 Canterbury Park is operating at the current time. Most of Canterbury Park's value examination focuses on studying past and present price action to predict the probability of Canterbury Park's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canterbury Park's price. Additionally, you may evaluate how the addition of Canterbury Park to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Is Canterbury Park's 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 Canterbury Park. If investors know Canterbury 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 Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.248
Dividend Share
0.28
Earnings Share
2.13
Revenue Per Share
12.484
Quarterly Revenue Growth
(0.04)
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's 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 Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's 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 Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's 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.