Reitmans Probability Of Bankruptcy

RTMAF -  USA Stock  

USD 0.54  0.00  0.00%

Reitmans Canada Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Reitmans Canada Probability Of Bankruptcy is determined by interpolating and adjusting Reitmans Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Reitmans balance sheet as well as cash flow and income statements available from the company's most recent filings. Additionally, take a look at Reitmans Canada Piotroski F Score and Reitmans Canada Altman Z Score analysis.

Reitmans Probability Of Bankruptcy 

 
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Reitmans Probability Of Bankruptcy Analysis

Reitmans Canada's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Reitmans Canada Probability Of Bankruptcy

    
  63%  
Most of Reitmans Canada's fundamental indicators, such as Probability Of Bankruptcy, 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, Reitmans Canada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Reitmans Canada probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Reitmans Canada odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Reitmans Canada financial health.
The market value of Reitmans Canada is measured differently than its book value, which is the value of Reitmans that is recorded on the company's balance sheet. Investors also form their own opinion of Reitmans Canada's value that differs from its market value or its book value, called intrinsic value, which is Reitmans Canada's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reitmans Canada's market value can be influenced by many factors that don't directly affect Reitmans Canada underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reitmans Canada's value and its price as these two are different measures arrived at by different means. Investors typically determine Reitmans Canada value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reitmans Canada's 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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition
Based on the latest financial disclosure, Reitmans Canada has a Probability Of Bankruptcy of 63%. This is much higher than that of the sector and significantly higher than that of the Probability Of Bankruptcy industry. The probability of bankruptcy for all United States stocks is notably lower than that of the firm.

Reitmans Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reitmans Canada's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Reitmans Canada could also be used in its relative valuation, which is a method of valuing Reitmans Canada by comparing valuation metrics of similar companies.
Reitmans Canada is currently under evaluation in probability of bankruptcy category among related companies.

Reitmans Fundamentals

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.
Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada. The company was founded in 1926 and is based in Montreal, Canada. Reitmans Canada is traded on OTC Exchange in the United States.

Reitmans Canada Investors Sentiment

The influence of Reitmans Canada's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Reitmans. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - RTMAF

Reitmans Canada Investor Sentiment

Most of Macroaxis users are at this time bullish on Reitmans Canada. What is your perspective on investing in Reitmans Canada? Are you bullish or bearish?
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Additionally, take a look at Reitmans Canada Piotroski F Score and Reitmans Canada Altman Z Score analysis. Note that the Reitmans Canada information on this page should be used as a complementary analysis to other Reitmans Canada's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Reitmans Canada 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 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.
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The market value of Reitmans Canada is measured differently than its book value, which is the value of Reitmans that is recorded on the company's balance sheet. Investors also form their own opinion of Reitmans Canada's value that differs from its market value or its book value, called intrinsic value, which is Reitmans Canada's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reitmans Canada's market value can be influenced by many factors that don't directly affect Reitmans Canada underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reitmans Canada's value and its price as these two are different measures arrived at by different means. Investors typically determine Reitmans Canada value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reitmans Canada's 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.