Reitmans (Canada) Balance Sheet Health
Financial Health criteria checks 6/6
Reitmans (Canada) has a total shareholder equity of CA$296.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$533.9M and CA$237.4M respectively. Reitmans (Canada)'s EBIT is CA$24.7M making its interest coverage ratio 6.6. It has cash and short-term investments of CA$123.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 6.6x |
| Cash | CA$123.07m |
| Equity | CA$296.56m |
| Total liabilities | CA$237.38m |
| Total assets | CA$533.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTMA.F's short term assets (CA$295.6M) exceed its short term liabilities (CA$122.7M).
Long Term Liabilities: RTMA.F's short term assets (CA$295.6M) exceed its long term liabilities (CA$114.7M).
Debt to Equity History and Analysis
Debt Level: RTMA.F is debt free.
Reducing Debt: RTMA.F had no debt 5 years ago.
Debt Coverage: RTMA.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RTMA.F has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:54 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reitmans (Canada) Limited is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Morris | BMO Capital Markets Equity Research |
| Neil Linsdell | Cantor Fitzgerald Canada Corporation |
| Mark Petrie | CIBC Capital Markets |