Reitmans Canada Stock Current Asset
RET Stock | CAD 2.74 0.16 5.52% |
Reitmans Canada fundamentals help investors to digest information that contributes to Reitmans Canada's financial success or failures. It also enables traders to predict the movement of Reitmans Stock. The fundamental analysis module provides a way to measure Reitmans Canada'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 Reitmans Canada stock.
Non Current Assets Total is likely to drop to about 155.1 M in 2024. Other Current Assets is likely to drop to about 12.2 M in 2024. Reitmans | Current Asset |
Reitmans Canada Company Current Asset Analysis
Reitmans Canada'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.
Reitmans Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Reitmans Canada is extremely important. It helps to project a fair market value of Reitmans Stock properly, considering its historical fundamentals such as Current Asset. Since Reitmans Canada's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reitmans Canada's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reitmans Canada's interrelated accounts and indicators.
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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.
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Reitmans Total Assets
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In accordance with the recently published financial statements, Reitmans Canada has a Current Asset of 0.0. This is 100.0% lower than that of the Specialty Retail sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
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Reitmans Fundamentals
Return On Equity | 0.069 | ||||
Return On Asset | 0.0372 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.10 % | ||||
Current Valuation | 145.27 M | ||||
Shares Outstanding | 13.44 M | ||||
Shares Owned By Insiders | 57.50 % | ||||
Shares Owned By Institutions | 3.91 % | ||||
Number Of Shares Shorted | 1.22 K | ||||
Price To Book | 0.46 X | ||||
Price To Sales | 0.16 X | ||||
Revenue | 794.69 M | ||||
Gross Profit | 353.17 M | ||||
EBITDA | 40.67 M | ||||
Net Income | 14.81 M | ||||
Cash And Equivalents | 90.34 M | ||||
Cash Per Share | 1.85 X | ||||
Total Debt | 211.73 M | ||||
Debt To Equity | 1.11 % | ||||
Current Ratio | 0.91 X | ||||
Book Value Per Share | 5.91 X | ||||
Cash Flow From Operations | 69.53 M | ||||
Short Ratio | 0.78 X | ||||
Earnings Per Share | 0.39 X | ||||
Beta | 0.078 | ||||
Market Capitalization | 128.41 M | ||||
Total Asset | 490.75 M | ||||
Retained Earnings | 238.67 M | ||||
Working Capital | 154.48 M | ||||
Net Asset | 490.75 M |
About Reitmans Canada Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reitmans Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reitmans Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reitmans Canada 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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Additional Tools for Reitmans Stock Analysis
When running Reitmans Canada's price analysis, check to measure Reitmans Canada'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 Reitmans Canada is operating at the current time. Most of Reitmans Canada's value examination focuses on studying past and present price action to predict the probability of Reitmans Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans Canada's price. Additionally, you may evaluate how the addition of Reitmans Canada to your portfolios can decrease your overall portfolio volatility.