Rob Nemett - Reitmans Vice President - Retail Systems

RTMAF Stock  USD 1.80  0.09  5.26%   

President

Mr. Rob Nemett serves as Vice President Retail Systems of the company. Prior to October 2016, Mr. Nemett was a management consultant in the retail practices of global consulting firms Kurt Salmon since 2016.
Tenure 8 years
Phone514 384 1140
Webhttps://www.reitmanscanadalimited.com

Reitmans Management Efficiency

The company has return on total asset (ROA) of 0.0656 % which means that it generated a profit of $0.0656 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.9305 %, meaning that it generated $0.9305 on every $100 dollars invested by stockholders. Reitmans' management efficiency ratios could be used to measure how well Reitmans manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 79.09 M in total debt with debt to equity ratio (D/E) of 0.36, which is about average as compared to similar companies. Reitmans Limited has a current ratio of 2.33, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Reitmans until it has trouble settling it off, either with new capital or with free cash flow. So, Reitmans' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Reitmans Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reitmans to invest in growth at high rates of return. When we think about Reitmans' use of debt, we should always consider it together with cash and equity.

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Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada. The company was founded in 1926 and is headquartered in Montreal, Canada. Reitmans Canada is traded on OTC Exchange in the United States. Reitmans Limited [RTMAF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Reitmans Limited Leadership Team

Elected by the shareholders, the Reitmans' board of directors comprises two types of representatives: Reitmans inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reitmans. The board's role is to monitor Reitmans' management team and ensure that shareholders' interests are well served. Reitmans' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reitmans' outside directors are responsible for providing unbiased perspectives on the board's policies.
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Alain Murad, VP of Legal and Secretary
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Reitmans Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Reitmans a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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Please note, there is a significant difference between Reitmans' value and its price as these two are different measures arrived at by different means. Investors typically determine if Reitmans is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reitmans' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.