Canadian Utilities Limited 2ND PFD SER Y
Canadian Utilities Limited 2ND PFD SER Y operates in various business sectors.
Canadian Utilities Limited 2ND PFD SER Y (CNAUF) - Net Assets
Latest net assets as of September 2024: $7.09 Billion USD
Based on the latest financial reports, Canadian Utilities Limited 2ND PFD SER Y (CNAUF) has net assets worth $7.09 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.27 Billion) and total liabilities ($16.18 Billion). 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 | $7.09 Billion |
| % of Total Assets | 30.46% |
| Annual Growth Rate | 6.95% |
| 5-Year Change | 3.4% |
| 10-Year Change | 27.63% |
| Growth Volatility | 11.3 |
Canadian Utilities Limited 2ND PFD SER Y - Net Assets Trend (1998–2023)
This chart illustrates how Canadian Utilities Limited 2ND PFD SER Y's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canadian Utilities Limited 2ND PFD SER Y (1998–2023)
The table below shows the annual net assets of Canadian Utilities Limited 2ND PFD SER Y from 1998 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $7.16 Billion | +1.27% |
| 2022-12-31 | $7.07 Billion | +3.58% |
| 2021-12-31 | $6.82 Billion | +0.21% |
| 2020-12-31 | $6.81 Billion | -1.63% |
| 2019-12-31 | $6.92 Billion | +5.47% |
| 2018-12-31 | $6.56 Billion | +1.55% |
| 2017-12-31 | $6.46 Billion | +0.65% |
| 2016-12-31 | $6.42 Billion | +3.67% |
| 2015-12-31 | $6.19 Billion | +10.45% |
| 2014-12-31 | $5.61 Billion | +3.95% |
| 2013-12-31 | $5.39 Billion | +23.46% |
| 2012-12-31 | $4.37 Billion | +4.37% |
| 2011-12-31 | $4.19 Billion | +1.23% |
| 2010-12-31 | $4.14 Billion | +7.94% |
| 2009-12-31 | $3.83 Billion | +39.23% |
| 2008-12-31 | $2.75 Billion | -12.55% |
| 2007-12-31 | $3.15 Billion | +6.26% |
| 2006-12-31 | $2.96 Billion | +3.54% |
| 2005-12-31 | $2.86 Billion | +3.84% |
| 2004-12-31 | $2.75 Billion | +6.42% |
| 2003-12-31 | $2.59 Billion | +11.72% |
| 2002-12-31 | $2.32 Billion | +40.93% |
| 2001-12-31 | $1.64 Billion | +7.68% |
| 2000-12-31 | $1.53 Billion | +7.58% |
| 1999-12-31 | $1.42 Billion | +6.37% |
| 1998-12-31 | $1.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canadian Utilities Limited 2ND PFD SER Y'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 grown by 396.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.08 Billion | 58.81% |
| Common Stock | $1.28 Billion | 18.38% |
| Other Comprehensive Income | $-1.00 Million | -0.01% |
| Other Components | $1.58 Billion | 22.83% |
| Total Equity | $6.94 Billion | 100.00% |
Canadian Utilities Limited 2ND PFD SER Y Competitors by Market Cap
The table below lists competitors of Canadian Utilities Limited 2ND PFD SER Y ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Comprehensive Healthcare Systems Inc
PINK:CMHSF
|
$142.94K |
|
CONAGRA FOODS
BE:CAO
|
$142.95K |
|
AZO
NEO:AZO
|
$142.99K |
|
Vesuvius PLC
LSE:VSVS
|
$143.04K |
|
JBS N.V.
NYSE:JBS
|
$142.89K |
|
MAXLINEAR-A
BE:JMX
|
$142.80K |
|
Plastic Omnium
STU:EZM
|
$142.69K |
|
TRPPF
OTCGREY:TRPPF
|
$142.67K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian Utilities Limited 2ND PFD SER Y's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,879,000,000 to 6,944,000,000, a change of 65,000,000 (0.9%).
- Net income of 707,000,000 contributed positively to equity growth.
- Dividend payments of 535,000,000 reduced retained earnings.
- Share repurchases of 10,000,000 reduced equity.
- New share issuances of 17,000,000 increased equity.
- Other comprehensive income decreased equity by 127,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $707.00 Million | +10.18% |
| Dividends Paid | $535.00 Million | -7.7% |
| Share Repurchases | $10.00 Million | -0.14% |
| Share Issuances | $17.00 Million | +0.24% |
| Other Comprehensive Income | $-127.00 Million | -1.83% |
| Other Changes | $13.00 Million | +0.19% |
| Total Change | $- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Canadian Utilities Limited 2ND PFD SER Y'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: 0.57x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $23.34 | $14.65 | x |
| 2016-12-31 | $23.22 | $14.65 | x |
| 2017-12-31 | $23.24 | $14.65 | x |
| 2018-12-31 | $23.43 | $14.65 | x |
| 2019-12-31 | $24.65 | $14.65 | x |
| 2020-12-31 | $24.23 | $14.65 | x |
| 2021-12-31 | $24.55 | $14.65 | x |
| 2022-12-31 | $25.51 | $14.65 | x |
| 2023-12-31 | $25.69 | $14.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian Utilities Limited 2ND PFD SER Y 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): 10.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.62%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.33x
- Recent ROE (10.18%) is below the historical average (10.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 16.39% | 11.24% | 0.44x | 3.33x | $85.20 Million |
| 1999 | 14.10% | 9.06% | 0.49x | 3.19x | $58.20 Million |
| 2000 | 14.90% | 7.78% | 0.54x | 3.53x | $74.75 Million |
| 2001 | 14.42% | 6.77% | 0.65x | 3.28x | $72.72 Million |
| 2002 | 13.17% | 10.25% | 0.50x | 2.56x | $73.34 Million |
| 2003 | 10.01% | 6.92% | 0.62x | 2.35x | $290.00K |
| 2004 | 11.22% | 10.00% | 0.48x | 2.35x | $33.58 Million |
| 2005 | 9.29% | 10.56% | 0.37x | 2.38x | $-20.40 Million |
| 2006 | 10.94% | 13.33% | 0.35x | 2.36x | $27.78 Million |
| 2007 | 12.29% | 16.08% | 0.33x | 2.32x | $72.03 Million |
| 2008 | 15.06% | 14.92% | 0.35x | 2.86x | $139.33 Million |
| 2009 | 12.18% | 18.06% | 0.28x | 2.37x | $83.49 Million |
| 2010 | 10.45% | 16.26% | 0.28x | 2.28x | $18.48 Million |
| 2011 | 11.13% | 15.54% | 0.26x | 2.79x | $47.40 Million |
| 2012 | 11.86% | 16.50% | 0.23x | 3.07x | $81.10 Million |
| 2013 | 10.05% | 16.03% | 0.22x | 2.79x | $2.60 Million |
| 2014 | 11.79% | 18.36% | 0.22x | 2.98x | $100.30 Million |
| 2015 | 4.78% | 9.07% | 0.18x | 2.92x | $-323.30 Million |
| 2016 | 8.88% | 16.24% | 0.18x | 3.02x | $-69.80 Million |
| 2017 | 7.12% | 11.10% | 0.19x | 3.32x | $-180.50 Million |
| 2018 | 8.89% | 12.95% | 0.20x | 3.42x | $-70.50 Million |
| 2019 | 13.13% | 22.64% | 0.19x | 2.98x | $210.60 Million |
| 2020 | 6.45% | 13.21% | 0.16x | 3.07x | $-235.10 Million |
| 2021 | 5.92% | 11.18% | 0.17x | 3.18x | $-270.50 Million |
| 2022 | 9.19% | 15.61% | 0.18x | 3.19x | $-55.90 Million |
| 2023 | 10.18% | 18.62% | 0.16x | 3.33x | $12.60 Million |
Industry Comparison
This section compares Canadian Utilities Limited 2ND PFD SER Y's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $23,187,369,533
- Average return on equity (ROE) among peers: 33.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $7.09 Billion | 16.39% | 2.28x | $142.90K |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |