Canterbury Park Holding Stock Current Asset

CPHC Stock  USD 20.89  0.06  0.29%   
Canterbury Park Holding fundamentals help investors to digest information that contributes to Canterbury Park's financial success or failures. It also enables traders to predict the movement of Canterbury Stock. The fundamental analysis module provides a way to measure Canterbury Park's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canterbury Park stock.
The current year's Non Current Assets Total is expected to grow to about 71.8 M. The current year's Other Current Assets is expected to grow to about 4.8 M.
  
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Canterbury Park Holding Company Current Asset Analysis

Canterbury Park's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Canterbury Park Current Asset

    
  4.48 M  
Most of Canterbury Park's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canterbury Park Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canterbury Current Asset Historical Pattern

Today, most investors in Canterbury Park Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canterbury Park's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Canterbury Park current asset as a starting point in their analysis.
   Canterbury Park Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Canterbury Total Assets

Total Assets

109.91 Million

At present, Canterbury Park's Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Canterbury Park Holding has a Current Asset of 4.48 M. This is 99.99% lower than that of the Hotels, Restaurants & Leisure sector and 98.59% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 99.95% higher than that of the company.

Canterbury Park Current Valuation Drivers

We derive many important indicators used in calculating different scores of Canterbury Park from analyzing Canterbury Park's financial statements. These drivers represent accounts that assess Canterbury Park's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canterbury Park's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap57.0M56.2M82.5M151.7M100.5M105.6M
Enterprise Value56.8M56.5M70.7M138.8M78.7M82.6M

Canterbury Park ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canterbury Park's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canterbury Park's managers, analysts, and investors.
Environmental
Governance
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Canterbury Fundamentals

About Canterbury Park Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canterbury Park Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canterbury Park using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canterbury Park Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
Check out Canterbury Park Piotroski F Score and Canterbury Park Altman Z Score analysis.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.98
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0318
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.