Canlan Ice Sports Stock Today

ICE Stock  CAD 4.10  0.02  0.49%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 47

 
High
 
Low
About Average
Canlan Ice is selling at 4.10 as of the 6th of December 2024; that is 0.49% up since the beginning of the trading day. The stock's open price was 4.08. Canlan Ice has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. The performance scores are derived for the period starting the 12th of December 2023 and ending today, the 6th of December 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
Category
Consumer Cyclical
Classification
Consumer Discretionary
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd. CANLAN ICE operates under Leisure classification in Canada and is traded on Toronto Stock Exchange. The company has 13.34 M outstanding shares of which 337 shares are currently shorted by private and institutional investors with about 0.8 days to cover all short positions. More on Canlan Ice Sports

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Moving against Canlan Stock

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Canlan Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canlan Ice's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canlan Ice or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorJoey StAubin
Thematic Ideas
(View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, Recreation, Entertainment, Sport Products, Consumer Discretionary, Leisure Products, Leisure, Consumer Cyclical (View all Sectors)
Canlan Ice's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canlan Ice's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Canlan Ice can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canlan Ice's financial leverage. It provides some insight into what part of Canlan Ice's total assets is financed by creditors.
Liquidity
Canlan Ice cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Canlan Ice Sports has accumulated 49.27 M in total debt with debt to equity ratio (D/E) of 139.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Canlan Ice Sports has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canlan Ice until it has trouble settling it off, either with new capital or with free cash flow. So, Canlan Ice's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canlan Ice Sports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canlan to invest in growth at high rates of return. When we think about Canlan Ice's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

5.55 Million
Canlan Ice Sports (ICE) is traded on Toronto Exchange in Canada and employs 1,000 people. Canlan Ice is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canlan Ice's market, we take the total number of its shares issued and multiply it by Canlan Ice's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canlan Ice Sports operates under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 13.34 M outstanding shares of which 337 shares are currently shorted by private and institutional investors with about 0.8 days to cover all short positions. Canlan Ice Sports has accumulated about 18.53 M in cash with 9.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check Canlan Ice Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Canlan Ice Sports is C$54.68 Million. Canlan Ice Sports shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 93.45 percent of Canlan Ice Sports outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Canlan Ownership Details

Canlan Ice Sports Risk Profiles

Although Canlan Ice's alpha and beta are two of the key measurements used to evaluate Canlan Ice's performance over the market, the standard measures of volatility play an important role as well.

Canlan Stock Against Markets

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Canlan Ice Corporate Management

Elected by the shareholders, the Canlan Ice's board of directors comprises two types of representatives: Canlan Ice inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canlan. The board's role is to monitor Canlan Ice's management team and ensure that shareholders' interests are well served. Canlan Ice's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canlan Ice's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark FaubertSr. VP of OperationsProfile
Costa KlandianosVP InnovationProfile
Liana GuiryMarketing SalesProfile
Rita PriceVP OfficerProfile

Other Information on Investing in Canlan Stock

Canlan Ice financial ratios help investors to determine whether Canlan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canlan with respect to the benefits of owning Canlan Ice security.