| RET-A Stock | | | CAD 2.57 0.02 0.78% |
Reitmans financial indicator trend analysis is much more than just breaking down Reitmans Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reitmans Limited is a good investment. Please check the relationship between Reitmans Total Operating Expenses and its Cost Of Revenue accounts. 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.
Total Operating Expenses vs Cost Of Revenue
Total Operating Expenses vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Reitmans Limited Total Operating Expenses account and
Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Reitmans' Total Operating Expenses and Cost Of Revenue is 1.0. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Reitmans Limited, assuming nothing else is changed. The correlation between historical values of Reitmans' Total Operating Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Reitmans Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Operating Expenses i.e., Reitmans' Total Operating Expenses and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Cost Of Revenue
Cost of Revenue is found on Reitmans Limited income statement and represents the costs associated with goods and services Reitmans provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Reitmans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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'
Tax Provision is fairly stable compared to the past year.
Discontinued Operations is likely to climb to about 18.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 335.1
M in 2024.
Reitmans fundamental ratios Correlations
Click cells to compare fundamentals
Reitmans Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reitmans fundamental ratios Accounts
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Additional Tools for Reitmans Stock Analysis
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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.