What is the level of liabilities of Cargojet this year?
Cargojet has a debt balance of 1.25 B CAD this year.
Cargojet Liabilities 2024
Cargojet Liabilities
1.25 B CAD
Ticker
CJT.TO
ISIN
CA14179V5036
WKN
A2PKMF
In 2024, Cargojet's total liabilities amounted to 1.25 B CAD, a 8.4% difference from the 1.15 B CAD total liabilities 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.Liabilities Details
Assessing Cargojet's Liabilities
Cargojet's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Cargojet's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Cargojet's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Cargojet's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Cargojet’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Cargojet stock
What were the liabilities of Cargojet compared to the previous year?
The liabilities of Cargojet have increased by 8.4% increased compared to the previous year.
What are the consequences of high debt for investors of Cargojet?
High liabilities can pose a risk for investors of Cargojet, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Cargojet?
Low liabilities mean that Cargojet has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Cargojet affect the company?
An increase in liabilities of Cargojet can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Cargojet affect the company?
A decrease in the liabilities of Cargojet can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Cargojet?
Some factors that can influence the liabilities of Cargojet include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Cargojet so important for investors?
The liabilities of Cargojet are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Cargojet take to modify the liabilities?
To change its liabilities, Cargojet can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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.
