Reitmans Canada Stock Today

RET Stock  CAD 2.70  0.05  1.82%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 10

 
High
 
Low
Low
Reitmans Canada is selling for under 2.70 as of the 6th of October 2024; that is 1.82 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.7. Reitmans Canada has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Reitmans Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of July 2024 and ending today, the 6th of October 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
Category
Consumer Cyclical
Classification
Consumer Discretionary
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 Commodity Exchange in Exotistan. The company has 13.44 M outstanding shares of which 3.45 K shares are at this time shorted by private and institutional investors with about 2.04 days to cover all short positions. More on Reitmans Canada

Reitmans Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Reitmans Canada's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reitmans Canada or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentAndrea Limbardi
Business ConcentrationSpecialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors)
Reitmans Canada's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Reitmans Canada's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Reitmans Canada can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Reitmans Canada's financial leverage. It provides some insight into what part of Reitmans Canada's total assets is financed by creditors.
Liquidity
Reitmans Canada cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Reitmans Canada has accumulated 211.73 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Reitmans Canada has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Reitmans Canada until it has trouble settling it off, either with new capital or with free cash flow. So, Reitmans Canada's 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 Canada 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 Canada's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

3.69 Million
Reitmans Canada (RET) is traded on TSX Venture Exchange in Canada and employs 13 people. Reitmans Canada is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 127.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reitmans Canada's market, we take the total number of its shares issued and multiply it by Reitmans Canada's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Reitmans Canada classifies itself under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 13.44 M outstanding shares of which 3.45 K shares are at this time shorted by private and institutional investors with about 2.04 days to cover all short positions. Reitmans Canada has accumulated about 90.34 M in cash with 69.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.85.
Check Reitmans Canada Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Reitmans Canada is C$127.16 Million. Reitmans Canada has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Reitmans Ownership Details

Reitmans Canada Risk Profiles

Although Reitmans Canada's alpha and beta are two of the key measurements used to evaluate Reitmans Canada's performance over the market, the standard measures of volatility play an important role as well.

Reitmans Stock Against Markets

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Reitmans Canada Corporate Executives

Elected by the shareholders, the Reitmans Canada's board of directors comprises two types of representatives: Reitmans Canada 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 Canada's management team and ensure that shareholders' interests are well served. Reitmans Canada's 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 Canada's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard CPAExecutive CFOProfile

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.