Chorus Aviation Inc
Chorus Aviation Inc., through its subsidiaries, provides aviation services in Canada and internationally. It offers contract flying services, charter services, and specialized contracts ACMI (aircraft, crew, maintenance, and insurance) flying, such as medical, logistical, and humanitarian flights; aircraft leasing and acquisition; and maintenance, repair and overhaul services, and technical and p… Read more
Chorus Aviation Inc (CHRRF) - Net Assets
Latest net assets as of December 2025: $507.84 Million USD
Based on the latest financial reports, Chorus Aviation Inc (CHRRF) has net assets worth $507.84 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.31 Billion) and total liabilities ($802.61 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 | $507.84 Million |
| % of Total Assets | 38.75% |
| Annual Growth Rate | 3.99% |
| 5-Year Change | -26.45% |
| 10-Year Change | 265.45% |
| Growth Volatility | 75.31 |
Chorus Aviation Inc - Net Assets Trend (2006–2025)
This chart illustrates how Chorus Aviation Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chorus Aviation Inc (2006–2025)
The table below shows the annual net assets of Chorus Aviation Inc from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $507.84 Million | -0.80% |
| 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 | +6.01% |
| 2019-12-31 | $604.99 Million | +40.77% |
| 2018-12-31 | $429.79 Million | +54.53% |
| 2017-12-31 | $278.13 Million | +100.15% |
| 2016-12-31 | $138.96 Million | +25.42% |
| 2015-12-31 | $110.80 Million | -14.81% |
| 2014-12-31 | $130.06 Million | -30.07% |
| 2013-12-31 | $185.98 Million | +40.77% |
| 2012-12-31 | $132.12 Million | -7.70% |
| 2011-12-31 | $143.14 Million | -83.46% |
| 2010-12-31 | $865.18 Million | +7.55% |
| 2009-12-31 | $804.46 Million | -0.44% |
| 2008-12-31 | $808.03 Million | -13.44% |
| 2007-12-31 | $933.51 Million | +286.41% |
| 2006-12-31 | $241.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chorus Aviation Inc'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 75641100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $344.04 Million | 67.75% |
| Other Comprehensive Income | $2.53 Million | 0.50% |
| Other Components | $922.27 Million | 181.61% |
| Total Equity | $507.84 Million | 100.00% |
Chorus Aviation Inc Competitors by Market Cap
The table below lists competitors of Chorus Aviation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZJMI Environmental Energy Co. Ltd.
SHG:603071
|
$271.78 Million |
|
Yatharth Hospital & Trauma Care Services Limited
NSE:YATHARTH
|
$271.79 Million |
|
Guangdong Chant Group Inc
SHE:002616
|
$271.83 Million |
|
Tianjin Tianyao Pharmaceuticals Co Ltd
SHG:600488
|
$271.83 Million |
|
Fila SpA
LSE:0QIQ
|
$271.70 Million |
|
Mainova AG
F:MNV6
|
$271.67 Million |
|
init innovation in traffic systems SE
F:IXX
|
$271.67 Million |
|
Wuxi Xinhongtai ElecTech
SHG:603016
|
$271.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chorus Aviation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 511,948,000 to 507,837,000, a change of -4,111,000 (-0.8%).
- Net income of 78,739,000 contributed positively to equity growth.
- Dividend payments of 3,931,000 reduced retained earnings.
- Share repurchases of 85,800,000 reduced equity.
- Other comprehensive income increased equity by 975,000.
- Other factors increased equity by 5,906,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $78.74 Million | +15.5% |
| Dividends Paid | $3.93 Million | -0.77% |
| Share Repurchases | $85.80 Million | -16.9% |
| Other Comprehensive Income | $975.00K | +0.19% |
| Other Changes | $5.91 Million | +1.16% |
| Total Change | $- | -0.80% |
Book Value vs Market Value Analysis
This analysis compares Chorus Aviation Inc'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: 0.71x
- 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 decreased from 1.43x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $9.66 | $13.84 | x |
| 2007-12-31 | $9.25 | $13.84 | x |
| 2008-12-31 | $6.62 | $13.84 | x |
| 2009-12-31 | $6.48 | $13.84 | x |
| 2010-12-31 | $7.08 | $13.84 | x |
| 2011-12-31 | $1.03 | $13.84 | x |
| 2012-12-31 | $0.95 | $13.84 | x |
| 2013-12-31 | $1.34 | $13.84 | x |
| 2014-12-31 | $1.05 | $13.84 | x |
| 2015-12-31 | $0.89 | $13.84 | x |
| 2016-12-31 | $1.11 | $13.84 | x |
| 2017-12-31 | $2.21 | $13.84 | x |
| 2018-12-31 | $3.09 | $13.84 | x |
| 2019-12-31 | $3.81 | $13.84 | x |
| 2020-12-31 | $3.93 | $13.84 | x |
| 2021-12-31 | $3.84 | $13.84 | x |
| 2022-12-31 | $5.72 | $13.84 | x |
| 2023-12-31 | $41.53 | $13.84 | x |
| 2024-12-31 | $18.69 | $13.84 | x |
| 2025-12-31 | $19.39 | $13.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chorus Aviation Inc 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): 15.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.58x
- Recent ROE (15.50%) is below the historical average (21.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.37% | 0.00% | 0.00x | 1.01x | $-8.77 Million |
| 2007 | 1.51% | 1.60% | 0.62x | 1.52x | $-79.23 Million |
| 2008 | -1.16% | -0.58% | 1.33x | 1.53x | $-90.21 Million |
| 2009 | 11.52% | 6.29% | 1.16x | 1.57x | $12.19 Million |
| 2010 | 6.46% | 3.76% | 1.23x | 1.40x | $-30.63 Million |
| 2011 | 47.60% | 4.09% | 2.15x | 5.40x | $53.82 Million |
| 2012 | 76.53% | 5.91% | 2.11x | 6.15x | $87.90 Million |
| 2013 | 33.26% | 3.70% | 1.71x | 5.25x | $43.27 Million |
| 2014 | 49.75% | 3.88% | 1.89x | 6.78x | $51.70 Million |
| 2015 | 23.00% | 1.65% | 1.39x | 9.99x | $14.41 Million |
| 2016 | 80.43% | 8.75% | 0.87x | 10.52x | $97.87 Million |
| 2017 | 59.81% | 12.28% | 0.67x | 7.28x | $138.53 Million |
| 2018 | 15.59% | 4.62% | 0.63x | 5.39x | $24.01 Million |
| 2019 | 22.01% | 9.74% | 0.46x | 4.87x | $72.66 Million |
| 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% | 6.03% | 0.44x | 3.23x | $-18.04 Million |
| 2024 | -30.96% | -11.28% | 0.87x | 3.14x | $-209.69 Million |
| 2025 | 15.50% | 5.98% | 1.00x | 2.58x | $27.96 Million |
Industry Comparison
This section compares Chorus Aviation Inc'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 |
|---|---|---|---|---|
| Chorus Aviation Inc (CHRRF) | $507.84 Million | 6.37% | 1.58x | $271.74 Million |
| 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 |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |