Riocan Financial Statements From 2010 to 2024
| RIOCF Stock | USD 13.45 0.26 1.90% |
Check Riocan REIT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Riocan REIT's main balance sheet or income statement drivers, such as , as well as many indicators such as . Riocan financial statements analysis is a perfect complement when working with Riocan REIT Valuation or Volatility modules.
Riocan |
Riocan REIT Company Return On Equity Analysis
Riocan REIT's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Riocan REIT Return On Equity | 0.057 |
Most of Riocan REIT's fundamental indicators, such as Return On Equity, 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, Riocan REIT is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Riocan REIT has a Return On Equity of 0.057. This is 104.19% lower than that of the Equity Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Real Estate industry. The return on equity for all United States stocks is 118.39% lower than that of the firm.
Riocan REIT Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Riocan REIT's current stock value. Our valuation model uses many indicators to compare Riocan REIT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Riocan REIT competition to find correlations between indicators driving Riocan REIT's intrinsic value. More Info.Riocan REIT is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Riocan REIT is roughly 2.04 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Riocan REIT's earnings, one of the primary drivers of an investment's value.About Riocan REIT Financial Statements
Riocan REIT stakeholders use historical fundamental indicators, such as Riocan REIT's revenue or net income, to determine how well the company is positioned to perform in the future. Although Riocan REIT investors may analyze each financial statement separately, they are all interrelated. For example, changes in Riocan REIT's assets and liabilities are reflected in the revenues and expenses on Riocan REIT's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Riocan REIT. Please read more on our technical analysis and fundamental analysis pages.
RioCan is one of Canadas largest real estate investment trusts. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet including office, residential rental and 16 development properties. Riocan Real operates under REITRetail classification in the United States and is traded on OTC Exchange. It employs 582 people.
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Other Information on Investing in Riocan Pink Sheet
Riocan REIT financial ratios help investors to determine whether Riocan Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Riocan with respect to the benefits of owning Riocan REIT security.