Cargojet Inc
Cargojet Inc. provides time-sensitive overnight air cargo services and carries in Canada. It operates domestic air cargo network services between Canadian cities; and provides aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, the United States, Mexico, South America, Europe and Asia. The company also operates scheduled and ad hoc inte… Read more
Cargojet Inc (CGJTF) - Total Assets
Latest total assets as of September 2025: $2.09 Billion USD
Based on the latest financial reports, Cargojet Inc (CGJTF) holds total assets worth $2.09 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Cargojet Inc - Total Assets Trend (2005–2024)
This chart illustrates how Cargojet Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cargojet Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Cargojet Inc's total assets of $2.09 Billion consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $103.10 Million | 5.4% |
| Inventory | $2.50 Million | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.00 Million | 0.1% |
| Goodwill | $48.30 Million | 2.5% |
Asset Composition Trend (2005–2024)
This chart illustrates how Cargojet Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cargojet Inc's current assets represent 6.0% of total assets in 2024, a decrease from 11.7% in 2005.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 0.3% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 64.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 5.4% of total assets.
Cargojet Inc Competitors by Total Assets
Key competitors of Cargojet Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
China | CN¥7.38 Billion |
|
CJ Korea Express
KO:000120
|
Korea | ₩10.35 Trillion |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
China | CN¥1.87 Billion |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
China | CN¥4.22 Billion |
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
China | CN¥1.90 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
China | CN¥36.46 Billion |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
Korea | ₩4.33 Trillion |
|
S.F. Holding Co. Ltd
SHE:002352
|
China | CN¥217.93 Billion |
Cargojet Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Cargojet Inc generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Cargojet Inc generates $5.63 in net profit.
Cargojet Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.70 | 0.56 | 0.53 |
| Quick Ratio | 0.68 | 0.55 | 0.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-87.12 Million | $ -105.70 Million | $ -84.40 Million |
Cargojet Inc - Advanced Valuation Insights
This section examines the relationship between Cargojet Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.02 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $1.93 Billion |
| Market Capitalization | $791.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cargojet Inc's assets below their book value (0.41 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cargojet Inc's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cargojet Inc (2005–2024)
The table below shows the annual total assets of Cargojet Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.93 Billion | -5.43% |
| 2023-12-31 | $2.04 Billion | +2.52% |
| 2022-12-31 | $1.99 Billion | +33.33% |
| 2021-12-31 | $1.49 Billion | +21.73% |
| 2020-12-31 | $1.22 Billion | +11.44% |
| 2019-12-31 | $1.10 Billion | +28.77% |
| 2018-12-31 | $852.90 Million | +35.88% |
| 2017-12-31 | $627.70 Million | +35.72% |
| 2016-12-31 | $462.50 Million | +2.61% |
| 2015-12-31 | $450.73 Million | +57.97% |
| 2014-12-31 | $285.33 Million | +145.66% |
| 2013-12-31 | $116.15 Million | +2.39% |
| 2012-12-31 | $113.44 Million | -1.05% |
| 2011-12-31 | $114.64 Million | -5.11% |
| 2010-12-31 | $120.82 Million | -10.38% |
| 2009-12-31 | $134.81 Million | -1.49% |
| 2008-12-31 | $136.86 Million | +21.36% |
| 2007-12-31 | $112.77 Million | -3.39% |
| 2006-12-31 | $116.73 Million | -6.93% |
| 2005-12-31 | $125.42 Million | -- |