Canada Jetlines Operations Ltd

As of March 31, 2024, Canada Jetlines Operations Ltd has 157.75M shares outstanding.

These figures are as of March 31, 2024. The price-to-sales ratio is 0.24, and the price-to-book ratio stands at -1.56.

These figures are as of March 31, 2024. The EV/Sales ratio of 1.05 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Canada Jetlines Operations Ltd trades at an EV/FCF ratio of 6.33, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of March 31, 2024, Canada Jetlines Operations Ltd maintains a current ratio of 0.26, meaning it holds 0.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -855.42, indicating conservative leverage, while an interest coverage ratio of -2.18 demonstrates limited ability to service its debt obligations.

These figures cover the twelve months ended March 31, 2024. Return on assets (ROA) is negative at -36.16, reflecting losses generated across the asset base. Return on capital employed (ROCE) is 155.11, useful for judging operating efficiency across full business cycles. Inventory turnover of 668.26 indicates how many times Canada Jetlines Operations Ltd sells and replaces its inventory over a year, a key working capital efficiency ratio.

As of the close on September 9, 2024, Canada Jetlines Operations Ltd's stock has declined approximately 86.67% over the past 52 weeks. The 50-day moving average sits at 0.04, while the 200-day moving average is 0.09.

Over the twelve months ended March 31, 2024, Canada Jetlines Operations Ltd posted a gross margin of 2.75, reflecting its pricing power and cost economics. The operating margin of -26.04 and net profit margin of -32.65 provide insight into operational efficiency.

These figures cover the twelve months ended March 31, 2024. Free cash flow yield is negative at -29.08: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -63.19, meaning Canada Jetlines Operations Ltd raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of March 31, 2024, Canada Jetlines Operations Ltd has an Altman Z-Score of -1.18, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.