Reitmans Historical Income Statement

RET-A Stock  CAD 2.55  0.04  1.54%   
Historical analysis of Reitmans income statement accounts such as Discontinued Operations of 18.2 M, Selling General Administrative of 335.1 M, Total Revenue of 634 M or Gross Profit of 337.9 M can show how well Reitmans Limited performed in making a profits. Evaluating Reitmans income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Reitmans's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Reitmans Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Reitmans Limited is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Reitmans Income Statement Analysis

Reitmans Limited Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Reitmans shareholders. The income statement also shows Reitmans investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Reitmans Income Statement Chart

At this time, Reitmans' Net Income is fairly stable compared to the past year.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Revenue

Total revenue comprises all receipts Reitmans Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Reitmans income statement and is an important metric when analyzing Reitmans Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Reitmans' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Reitmans Limited current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Reitmans' Net Income is fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit353.2M448.6M431.0M337.9M
Total Revenue662.0M800.6M794.7M634.0M

Reitmans income statement Correlations

0.61-0.41-0.02-0.10.110.06-0.01-0.35-0.41-0.27-0.080.170.140.65-0.32-0.16-0.32
0.61-0.10.17-0.180.10.01-0.07-0.44-0.49-0.27-0.140.130.120.45-0.32-0.11-0.4
-0.41-0.1-0.16-0.010.780.80.830.23-0.010.23-0.430.740.76-0.76-0.03-0.370.1
-0.020.17-0.160.57-0.29-0.26-0.210.360.110.630.25-0.33-0.32-0.140.15-0.090.14
-0.1-0.18-0.010.57-0.130.040.140.910.760.940.71-0.1-0.14-0.540.780.430.84
0.110.10.78-0.29-0.130.980.95-0.06-0.350.0-0.620.991.0-0.36-0.36-0.62-0.18
0.060.010.8-0.260.040.980.990.13-0.160.16-0.460.980.98-0.49-0.17-0.490.01
-0.01-0.070.83-0.210.140.950.990.25-0.050.27-0.380.950.94-0.59-0.07-0.440.12
-0.35-0.440.230.360.91-0.060.130.250.890.940.67-0.05-0.08-0.770.870.480.94
-0.41-0.49-0.010.110.76-0.35-0.16-0.050.890.710.85-0.32-0.35-0.590.980.80.98
-0.27-0.270.230.630.940.00.160.270.940.710.55-0.01-0.03-0.730.710.260.79
-0.08-0.14-0.430.250.71-0.62-0.46-0.380.670.850.55-0.56-0.61-0.160.90.910.81
0.170.130.74-0.33-0.10.990.980.95-0.05-0.32-0.01-0.561.0-0.33-0.32-0.55-0.14
0.140.120.76-0.32-0.141.00.980.94-0.08-0.35-0.03-0.611.0-0.34-0.36-0.61-0.19
0.650.45-0.76-0.14-0.54-0.36-0.49-0.59-0.77-0.59-0.73-0.16-0.33-0.34-0.55-0.09-0.65
-0.32-0.32-0.030.150.78-0.36-0.17-0.070.870.980.710.9-0.32-0.36-0.550.840.98
-0.16-0.11-0.37-0.090.43-0.62-0.49-0.440.480.80.260.91-0.55-0.61-0.090.840.72
-0.32-0.40.10.140.84-0.180.010.120.940.980.790.81-0.14-0.19-0.650.980.72
Click cells to compare fundamentals

Reitmans Account Relationship Matchups

Reitmans income statement Accounts

201920202021202220232024 (projected)
Interest Expense7.5M5.7M4.1M5.4M7.6M4.2M
Net Income Applicable To Common Shares6.8M(87.4M)(172.2M)158.3M182.0M191.1M
Income Tax Expense5.4M23.8M191K(420K)(483K)(458.9K)
Tax Provision22.9M191K(420K)(32.1M)5.3M5.6M
Net Interest Income(5.7M)(5.3M)(3.7M)(3.4M)(2.4M)(2.5M)
Interest Income1.7M436K353K2.0M5.2M5.5M
Selling General Administrative484.0M311.2M310.9M401.8M408.1M335.1M
Total Revenue869.5M533.4M662.0M800.6M794.7M634.0M
Gross Profit444.4M246.3M353.2M448.6M431.0M337.9M
Operating Income(39.6M)(81.5M)42.3M46.9M22.9M24.1M
Net Income From Continuing Ops(87.4M)(100.0M)143.2M77.7M14.8M15.6M
Ebit(35.1M)(106.3M)19.6M45.7M52.5M55.1M
Ebitda46.0M5.5M196.1M95.4M109.8M77.2M
Cost Of Revenue425.1M287.1M308.8M352.0M363.7M296.0M
Total Operating Expenses909.1M614.8M619.7M753.8M771.8M633.0M
Reconciled Depreciation103.0M99.6M49.2M44.5M48.5M48.9M
Income Before Tax(64.5M)(99.8M)142.8M45.6M20.1M21.1M
Total Other Income Expense Net(19.2M)(13.1M)104.2M2.1M(424K)(402.8K)
Net Income(87.4M)(172.2M)158.3M77.7M14.8M15.6M

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Additional Tools for Reitmans Stock Analysis

When running Reitmans' price analysis, check to measure Reitmans' 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 is operating at the current time. Most of Reitmans' value examination focuses on studying past and present price action to predict the probability of Reitmans' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans' price. Additionally, you may evaluate how the addition of Reitmans to your portfolios can decrease your overall portfolio volatility.