What is the debt of Cargojet this year?
Cargojet has a debt level of 767.4 CAD this year.
Cargojet Debt 2024
Cargojet Debt
767.4 CAD
Ticker
CJT.TO
ISIN
CA14179V5036
WKN
A2PKMF
In 2024, Cargojet's total debt was 767.4 CAD, a 10.45% change from the 694.8 CAD total debt recorded in the previous year.
Cargojet Aktienanalyse
What does Cargojet do?
Cargojet Inc is a leading air cargo company in Canada based in Mississauga, Ontario. The company was founded in 2002 and has been listed on the Toronto Stock Exchange since 2012. Cargojet offers high-quality air freight services within Canada and internationally. The history of Cargojet dates back to 2002 when the company was founded by Ajay Virmani. Virmani had previously worked in the air cargo industry and recognized the potential for a specialized air cargo company in Canada. The company started with a single aircraft and a limited network of flight connections. However, over the years, the company has grown significantly and is now one of the largest air cargo providers in Canada. Cargojet's business model is based on providing air freight services to various industries, such as logistics companies, e-commerce firms, automotive manufacturers, pharmaceutical and food industries, as well as government agencies. The company has an extensive fleet of cargo aircraft and offers both domestic and international air freight services. Cargojet is divided into various segments to meet the needs of its customers. These segments include national air cargo, international air cargo, ground handling services, and ACMI (Aircraft, Crew, Maintenance, and Insurance) charter services. With its strong presence and comprehensive coverage within Canada, Cargojet is well positioned to operate as an integrated air cargo provider. In addition to standardized air freight services, Cargojet also offers specialized services to meet the needs of its customers. The company has extensive experience in air freight logistics and provides customized solutions for customers with specific requirements. In addition to its core business areas, Cargojet is also involved in air mail delivery and works closely with the Canadian Post to ensure fast and reliable delivery of airmail. The company is also responsible for the delivery of medical supplies within Canada and played a crucial role in the distribution of COVID-19 vaccines within the country. Overall, Cargojet offers a comprehensive range of air freight services and is an important partner for companies in need of fast and reliable delivery of goods. The company has experienced strong growth in recent years and continues to work on improving its services and expanding its presence in the international market. Cargojet ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Cargojet's Debt Structure
Cargojet's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Cargojet's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Cargojet’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Cargojet’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Cargojet stock
What was the debt of Cargojet compared to the previous year?
The debt of Cargojet has increased by 10.45% compared to the previous year increased.
What are the consequences of high debt for investors in Cargojet?
High debt can pose a risk for investors of Cargojet, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Cargojet?
Low debt means that Cargojet has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Cargojet affect the company?
An increase in debt of Cargojet can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Cargojet affect the company?
A reduction in debt of Cargojet can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Cargojet?
Some factors that can influence the debt of Cargojet include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Cargojet so important for investors?
The debts of Cargojet are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Cargojet take to change the debt?
To change the debt, Cargojet can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Cargojet pay?
Over the past 12 months, Cargojet paid a dividend of 1.17 CAD . This corresponds to a dividend yield of about 0.98 %. For the coming 12 months, Cargojet is expected to pay a dividend of 1.37 CAD.
What is the dividend yield of Cargojet?
The current dividend yield of Cargojet is 0.98 %.
When does Cargojet pay dividends?
Cargojet pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of Cargojet?
Cargojet paid dividends every year for the past 23 years.
What is the dividend of Cargojet?
For the upcoming 12 months, dividends amounting to 1.37 CAD are expected. This corresponds to a dividend yield of 1.15 %.
In which sector is Cargojet located?
Cargojet is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Cargojet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cargojet from 7/5/2024 amounting to 0.315 CAD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.
When did Cargojet pay the last dividend?
The last dividend was paid out on 7/5/2024.
What was the dividend of Cargojet in the year 2023?
In the year 2023, Cargojet distributed 1.118 CAD as dividends.
In which currency does Cargojet pay out the dividend?
The dividends of Cargojet are distributed in CAD.
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Andere Kennzahlen von Cargojet
Our stock analysis for Cargojet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cargojet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
