Cargojet Inc.

Toronto Stock Exchange CJT.TO

Cargojet Inc. Interest Coverage Ratio for the year ending December 31, 2023: 1.07

Cargojet Inc. Interest Coverage Ratio is 1.07 for the year ending December 31, 2023, a -85.96% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Cargojet Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 7.61, a 1.45% change year over year.
  • Cargojet Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 7.50, a 7,169.90% change year over year.
  • Cargojet Inc. Interest Coverage Ratio for the year ending December 31, 2020 was -0.11, a -107.18% change year over year.
  • Cargojet Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 1.48, a -28.76% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
Toronto Stock Exchange: CJT.TO

Cargojet Inc.

CEO Mr. Jamie Bennett Porteous
IPO Date Feb. 13, 2012
Location Canada
Headquarters 2281 North Sheridan Way
Employees 1,892
Sector Consumer Discretionary
Industries
Description

Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. The company also operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an adhoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2021, it operated a fleet of 31 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada.

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StockViz Staff

February 6, 2025

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