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Canoe EIT Income Fund Pref

Canoe EIT Income Fund Pref

EIT-PA · TO · Financial Services / Asset Management

25.49CAD-0.01 (-0.04%)

Price History

Full chart

Market Stats

Previous Close25.50
Open25.49
Day Range25.49 – 25.49
52-Week Range24.23 – 26.13
Volume100
Market Cap1.32B
P/E (TTM)5.80
Forward P/E0.00
EPS4.35
Dividend Yield4.75%
Beta0.72
50-Day Avg25.40
200-Day Avg25.47

About

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.

Company Details

Leadership

  • Mr. Rafi G. TahmazianMD, Senior Portfolio Mngr & Director of Canoe Financial Corp. · b. 1966
  • Mr. David James Rain CAVice President of Canoe Financial Corp. and Director of Canoe Financial Corp. · b. 1965
  • Mr. Carl HoytInvestment Manager

Financials

Income Statement

Currency: CAD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-75.66M-49.36M187.70M80.52M597.15M278.12M148.57M659.55M387.76M
Growth (%)---165.24%+480.27%-57.10%+641.61%-53.43%-46.58%+343.92%-41.21%
Net Income-66.52M-58.41M178.33M70.14M586.49M255.37M124.73M637.59M367.14M
Net Income Margin-87.92%118.33%95.01%87.10%98.21%91.82%83.95%96.67%94.68%
Interest Expense002.78M3.09M1.50M886.00K2.16M5.75M6.33M5.44M
Interest Expense % of Total Revenue-0.00%-5.64%1.65%1.87%0.15%0.78%3.87%0.96%1.40%

Balance Sheet

Currency: CAD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.31B1.39B1.61B1.55B2.24B2.51B2.66B3.09B3.32B
Total Liabilities-238.19M326.54M324.84M1.43B327.44M337.22M338.30M292.17M279.15M
Total Equity-1.07B1.07B1.28B121.92M1.91B2.17B2.32B2.80B3.04B
Cash-9.01M359.11M167.14M43.76M145.48M98.23M14.77M109.97M76.77M
Net Debt-82.06M--48.48M--81.22M-21.62M

Cash Flow

Currency: CAD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow226.23M-69.83M202.66M-236.47M-9.36M-12.09M-50.13M-112.77M315.12M98.73M
Financing Cash Flow--3.27M142.61M48.54M-115.90M115.42M----
Capital Expenditure0000000000
Free Cash Flow--69.83M202.66M-236.47M-9.36M-12.09M-50.13M-112.77M315.12M98.73M
Dividends Paid-21.51M18.60M110.78M143.47M156.90M182.05M201.78M213.89M220.19M
FCF to OCF-100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--30.80%9.18%-46.85%-1532.62%-1297.73%-363.19%-178.93%67.88%223.01%

Key Statistics & Ratios

Market Cap1.32B
Enterprise Value5.40B
Trailing P/E5.80
Forward P/E0.00
Price / Sales3.14
Price / Book0.00
EPS4.35
Book Value17.64
Revenue (TTM)636.73M
Gross Profit (TTM)636.73M
Profit Margin88.87%
Operating Margin93.79%
Return on Equity17.93%
Return on Assets10.19%
Shares Outstanding86.04M
Shares Float0
Beta0.72
Dividend Yield4.75%
Dividend Rate1.20
Payout Ratio0.00%

Dividends

20263×
0.30Aug 21, 20260.30May 25, 20260.30Feb 23, 2026
20254×
0.30Nov 21, 20250.30Aug 22, 20250.30May 23, 20250.30Feb 24, 2025
20244×
0.30Nov 22, 20240.30Aug 22, 20240.30May 22, 20240.30Feb 21, 2024
20234×
0.30Nov 21, 20230.30Aug 21, 20230.30May 19, 20230.30Feb 22, 2023
20224×
0.30Nov 21, 20220.30Aug 19, 20220.30May 19, 20220.30Feb 22, 2022
20214×
0.30Nov 19, 20210.30Aug 19, 20210.30May 20, 20210.30Feb 19, 2021
20201×
0.30Nov 19, 2020