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Last update at 2025-02-04T21:00:00Z
Chorus Aviation Announces Agreement to Sell its Regional Aircraft Leasing Segment
Tue 30 Jul 24, 11:30 AMInvestors in Chorus Aviation (TSE:CHR) have unfortunately lost 61% over the last five years
Mon 29 Jan 24, 12:31 PMJazz reports successful Air Canada Express holiday travel season
Wed 10 Jan 24, 02:07 PMSome Confidence Is Lacking In Chorus Aviation Inc.'s (TSE:CHR) P/S
Mon 18 Dec 23, 04:33 PMJazz honoured with Indigenous Reconciliation award from Government of Canada
Thu 23 Nov 23, 01:22 PMJazz wins Award of Excellence at Canada's Safest Employers awards
Fri 20 Oct 23, 12:30 PMJazz and its Pilots Represented by ALPA Ratify Modifications to the Pilot Collective Agreement
Mon 28 Aug 23, 10:00 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 73.85M | -27.88000M | 46.98M | 158.26M | 104.16M |
Minority interest | -3.02700M | - | - | - | - |
Net income | 48.89M | -20.48500M | 41.49M | 133.16M | 66.99M |
Selling general administrative | 514.27M | 373.74M | 322.45M | 491.61M | 465.05M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 423.40M | 205.63M | 230.12M | 359.98M | 356.51M |
Reconciled depreciation | 202.61M | 201.13M | 224.35M | 136.95M | 120.69M |
Ebit | 188.27M | 70.98M | 114.55M | 200.46M | 163.37M |
Ebitda | 394.93M | 273.33M | 339.91M | 340.07M | 284.06M |
Depreciation and amortization | 206.66M | 202.35M | 225.36M | 139.60M | 120.69M |
Non operating income net other | - | - | - | - | - |
Operating income | 188.27M | 70.98M | 114.55M | 200.46M | 216.64M |
Other operating expenses | 1407.54M | 952.30M | 834.17M | 1165.98M | 1234.55M |
Interest expense | 104.89M | 97.21M | 91.78M | 74.82M | 59.21M |
Tax provision | 21.93M | -7.39500M | 5.50M | 25.10M | 37.34M |
Interest income | 114.59M | 100.93M | 1.01M | 41.16M | 112.27M |
Net interest income | -100.84300M | -96.33300M | -90.77400M | -71.76800M | -56.28500M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 21.93M | -7.39500M | 5.50M | 25.10M | 37.17M |
Total revenue | 1595.80M | 1023.27M | 948.72M | 1366.45M | 1451.19M |
Total operating expenses | 235.13M | 134.65M | 115.57M | 159.51M | 139.87M |
Cost of revenue | 1172.41M | 817.64M | 718.60M | 1006.47M | 1094.69M |
Total other income expense net | -114.41600M | -98.85900M | -67.56400M | -42.20300M | -112.47900M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 51.92M | -20.48500M | 41.49M | 133.16M | 66.99M |
Net income applicable to common shares | 25.99M | -20.48500M | 41.49M | 133.16M | 67.43M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 3850.87M | 4055.91M | 3180.52M | 3337.69M | 2945.69M |
Intangible assets | 14.60M | 18.88M | 1.68M | 1.68M | 1.80M |
Earning assets | - | - | - | - | - |
Other current assets | 22.33M | 86.10M | 12.16M | 11.02M | 11.15M |
Total liab | 2570.40M | 2787.49M | 2490.05M | 2696.34M | 2340.70M |
Total stockholder equity | 1193.88M | 1179.57M | 690.47M | 641.34M | 604.99M |
Deferred long term liab | - | 4.55M | 5.57M | 6.39M | 6.29M |
Other current liab | 51.42M | 65.64M | 26.86M | 23.60M | 38.77M |
Common stock | 781.70M | 788.70M | 356.61M | 288.48M | 281.85M |
Capital stock | 781.70M | 788.70M | 356.61M | 288.48M | 281.85M |
Retained earnings | -649.38200M | -702.41200M | -707.90800M | -684.37500M | -716.03600M |
Other liab | - | 369.87M | 350.89M | 330.07M | 298.04M |
Good will | 8.97M | 9.01M | 7.15M | 7.15M | 7.15M |
Other assets | - | -18.27700M | 232.55M | 185.14M | 140.03M |
Cash | 176.42M | 100.03M | 123.57M | 165.72M | 87.17M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 802.46M | 732.69M | 451.68M | 380.36M | 371.06M |
Current deferred revenue | 19.59M | 8.89M | - | - | - |
Net debt | 1579.16M | 1930.25M | 1790.24M | 2028.87M | 1752.28M |
Short term debt | 433.39M | 345.35M | 230.31M | 220.41M | 170.34M |
Short long term debt | 430.08M | 340.31M | 226.51M | 216.80M | 164.55M |
Short long term debt total | 1755.58M | 2030.28M | 1913.81M | 2194.59M | 1839.45M |
Other stockholder equity | 1034.19M | 1064.85M | 1047.01M | 1042.81M | 1042.81M |
Property plant equipment | - | 3282.01M | 2589.09M | 2764.87M | 2561.59M |
Total current assets | 630.81M | 503.75M | 350.05M | 378.57M | 234.71M |
Long term investments | 24.82M | 26.01M | - | - | 0.42M |
Net tangible assets | - | 1151.68M | 681.64M | 632.51M | 596.04M |
Short term investments | 2.84M | - | - | - | 6.32M |
Net receivables | 225.53M | 203.80M | 138.08M | 120.64M | 74.55M |
Long term debt | 1314.92M | 1678.66M | 1677.17M | 1965.81M | 1658.58M |
Inventory | 206.53M | 113.82M | 76.23M | 81.19M | 61.84M |
Accounts payable | 298.06M | 312.81M | 194.50M | 136.34M | 161.96M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 27.37M | 28.44M | -5.24300M | -5.57000M | -3.63300M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 288.48M | 281.85M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 46.23M | 212.29M | 225.89M | 176.14M | 106.93M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 3220.06M | 3570.44M | 2830.47M | 2959.12M | 2710.99M |
Capital lease obligations | 10.58M | 11.31M | 10.14M | 11.98M | 16.32M |
Long term debt total | - | 1684.93M | 1683.50M | 1974.18M | 1669.11M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -231.36900M | -45.74500M | -407.58900M | -755.02900M | -318.73100M |
Change to liabilities | 63.72M | 55.78M | -5.49700M | -10.73700M | -21.27400M |
Total cashflows from investing activities | -231.36900M | -45.74500M | -407.58900M | -755.02900M | -315.75300M |
Net borrowings | -509.98500M | -249.48500M | 353.24M | 441.61M | 34.72M |
Total cash from financing activities | -71.45900M | -180.92500M | 334.56M | 492.59M | 86.15M |
Change to operating activities | 3.61M | -46.69000M | -22.89900M | -4.65200M | -16.98500M |
Net income | 51.92M | -20.48500M | 41.49M | 133.16M | 66.99M |
Change in cash | -10.53500M | -42.14400M | 78.55M | -5.42500M | 14.59M |
Begin period cash flow | 178.45M | 165.72M | 87.17M | 92.59M | 78.01M |
End period cash flow | 167.91M | 123.57M | 165.72M | 87.17M | 92.59M |
Total cash from operating activities | 279.51M | 184.97M | 156.64M | 261.71M | 240.04M |
Issuance of capital stock | 465.04M | 68.56M | 0.00000M | 97.26M | 107.08M |
Depreciation | 202.61M | 201.13M | 224.35M | 136.95M | 120.69M |
Other cashflows from investing activities | -169.08900M | 24.97M | -13.23400M | 30.16M | 7.59M |
Dividends paid | 14.62M | 14.62M | 18.68M | 55.29M | 53.65M |
Change to inventory | -19.50500M | 1.63M | -15.89900M | -6.15200M | -4.14800M |
Change to account receivables | -44.62200M | -25.36200M | -42.75100M | 8.35M | 0.30M |
Sale purchase of stock | -5.46300M | 68.56M | 0.00000M | 106.27M | 107.43M |
Other cashflows from financing activities | 53.01M | 175.83M | 500.71M | 653.75M | 162.82M |
Change to netincome | 17.66M | 58.10M | 59.36M | -7.22900M | 91.53M |
Capital expenditures | 62.28M | 74.71M | 406.14M | 875.70M | 326.71M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | 28.77M | -3.31800M | -104.67000M | -4.62800M | -41.97600M |
Stock based compensation | - | - | -21.94500M | -23.94600M | - |
Other non cash items | 10.45M | 21.87M | -16.84600M | -20.45600M | 59.30M |
Free cash flow | 217.23M | 110.26M | -249.49900M | -613.99400M | -86.67600M |
Sector: Industrials Industry: Airports & Air Services
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
CHR Chorus Aviation Inc |
0.07 2.52% | 2.85 | 17.00 | 10.20 | 0.35 | 1.05 | 0.72 | 2.70 |
Chorus Aviation Inc., through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services. The Regional Aircraft Leasing segment engages in asset management business comprising management of aircraft investment funds and provision of lease services to aircraft operators. In addition, the company provides aeronautical products, which includes component, sheet metal, and avionics repair support services for airlines, leasing companies, aviation maintenance organizations, and original equipment manufacturers. Further, it offers in-house design and certification services including repair design and supplemental type certificate approvals for aircraft modifications, reconfigurations, and part replacements; and provides technical support, structural and system design, operational documentation, and project management. Chorus Aviation Inc. was formerly known as Jazz Air Income Fund. The company was founded in 2005 and is based in Dartmouth, Canada.
3 Spectacle Lake Drive, Dartmouth, NS, Canada, B3B 1W8
Name | Title | Year Born |
---|---|---|
Mr. Joseph D. Randell | Pres, CEO & Non-Independent Director | 1954 |
Mr. Gary James Osborne | Chief Financial Officer | NA |
Mr. Colin L. Copp | COO & Pres of Chorus Aviation Services | NA |
Ms. M. Jolene Mahody F.C.A., FCPA | Exec. VP & Chief Strategy Officer | NA |
Mr. Tyrone D. Cotie CA | VP of Treasury & Investor Relations | NA |
Mr. Dennis M. L. Lopes | Sr. VP, Chief Legal Officer & Corp. Sec. | NA |
Ms. Laurel Ann Clark | VP of Corp. HR & Sustainability | NA |
Mr. Scott Tapson | Pres of Voyageur | NA |
Mr. Carl Kumpic | VP of Marketing & Sales - Chorus Aviation Services | NA |
Mr. James Bruce Peddle | Chief Operating Officer of Chorus Aviation Capital | NA |
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