CHRRD
Chorus Aviation Inc., through its subsidiaries, provides aviation services. It offers 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 company also provides aeronautical pr… Read more
CHRRD (CHRRD) - Net Assets
Latest net assets as of March 2025: $516.22 Million USD
Based on the latest financial reports, CHRRD (CHRRD) has net assets worth $516.22 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.42 Billion) and total liabilities ($900.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $516.22 Million |
| % of Total Assets | 36.43% |
| Annual Growth Rate | -5.48% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.01 |
CHRRD - Net Assets Trend (2020–2024)
This chart illustrates how CHRRD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CHRRD (2020–2024)
The table below shows the annual net assets of CHRRD from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $511.95 Million | -60.02% |
| 2023-12-31 | $1.28 Billion | +0.95% |
| 2022-12-31 | $1.27 Billion | +83.70% |
| 2021-12-31 | $690.47 Million | +7.66% |
| 2020-12-31 | $641.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CHRRD's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 15262100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.35 Billion | 263.49% |
| Total Equity | $511.95 Million | 100.00% |
CHRRD Competitors by Market Cap
The table below lists competitors of CHRRD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trans Lux Cp
PINK:TNLX
|
$134.96K |
|
Purpose International Tactical Hedged Equity
TO:PHW
|
$135.07K |
|
GREEN PLAINS RENEW
MU:G3V
|
$135.13K |
|
Cerveceria San Juan S.A. (I share)
LIM:SNJUANI1
|
$135.18K |
|
Sparinv Bæredy Virkobl IG KL A
CO:SPIBDVOIGKLA
|
$134.91K |
|
COHERIS
BE:OHE
|
$134.74K |
|
Itau Tempus Fundo De Investimento Imobiliario
SA:TMPS11
|
$134.64K |
|
PIMCO Access Income Fund
NYSE:PAXS
|
$134.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHRRD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,193,884,000 to 511,948,000, a change of -681,936,000 (-57.1%).
- Net loss of 158,500,000 reduced equity.
- Dividend payments of 26,777,000 reduced retained earnings.
- Share repurchases of 531,341,000 reduced equity.
- Other factors increased equity by 34,682,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-158.50 Million | -30.96% |
| Dividends Paid | $26.78 Million | -5.23% |
| Share Repurchases | $531.34 Million | -103.79% |
| Other Changes | $34.68 Million | +6.77% |
| Total Change | $- | -57.12% |
Book Value vs Market Value Analysis
This analysis compares CHRRD's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.73x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.50x to 0.73x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $27.74 | $13.84 | x |
| 2021-12-31 | $27.21 | $13.84 | x |
| 2022-12-31 | $41.01 | $13.84 | x |
| 2023-12-31 | $43.21 | $13.84 | x |
| 2024-12-31 | $18.84 | $13.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHRRD utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -30.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.28%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.14x
- Recent ROE (-30.96%) is below the historical average (-2.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.47% | 4.37% | 0.28x | 5.20x | $-22.65 Million |
| 2021 | -2.97% | -2.00% | 0.32x | 4.61x | $-89.53 Million |
| 2022 | 4.14% | 3.06% | 0.39x | 3.44x | $-69.07 Million |
| 2023 | 8.49% | 7.24% | 0.36x | 3.23x | $-18.04 Million |
| 2024 | -30.96% | -11.28% | 0.87x | 3.14x | $-209.69 Million |
Industry Comparison
This section compares CHRRD's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $16,123,518,967
- Average return on equity (ROE) among peers: 6.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHRRD (CHRRD) | $516.22 Million | 6.47% | 1.74x | $134.94K |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| AerSale Corp (ASLE) | $455.62 Million | 1.28% | 0.33x | $174.95 Million |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $230.30 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |