Canadian Financial Statements From 2010 to 2024
| YAAA Stock | 102.40 0.60 0.58% |
Check Canadian Tire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Tire's main balance sheet or income statement drivers, such as , as well as many indicators such as . Canadian financial statements analysis is a perfect complement when working with Canadian Tire Valuation or Volatility modules.
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Canadian Tire Corp Company Net Income Analysis
Canadian Tire's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Canadian Tire Net Income | 1.04 B |
Most of Canadian Tire's fundamental indicators, such as Net Income, 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, Canadian Tire Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Based on the recorded statements, Canadian Tire Corp reported net income of 1.04 B. This is much higher than that of the sector and significantly higher than that of the Net Income industry. The net income for all Germany stocks is notably lower than that of the firm.
Canadian Tire Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Tire's current stock value. Our valuation model uses many indicators to compare Canadian Tire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Tire competition to find correlations between indicators driving Canadian Tire's intrinsic value. More Info.Canadian Tire Corp is rated second in current valuation category among its peers. It is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for Canadian Tire Corp is about 7,259,462,504 . 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 Canadian Tire's earnings, one of the primary drivers of an investment's value.About Canadian Tire Financial Statements
Canadian Tire shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Canadian Tire investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Tire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Tire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Additional Tools for Canadian Stock Analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.