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Canadian Tire Corporation Equity 2024

Canadian Tire Corporation Equity

5.55 B CAD

Canadian Tire Corporation Dividend yield

5.03 %

Ticker

CTC.A.TO

ISIN

CA1366812024

WKN

858397

In 2024, Canadian Tire Corporation's equity was 5.55 B CAD, a -1.25% increase from the 5.62 B CAD equity in the previous year.

Canadian Tire Corporation Aktienanalyse

What does Canadian Tire Corporation do?

Canadian Tire Corporation Ltd is one of the most well-known and largest retail companies in Canada. Since its establishment in 1922, the corporation has become an important part of the Canadian economy, offering a wide range of products and services to its customers. The company is headquartered in Toronto and operates over 1,700 stores in Canada. The company was founded in 1922 in Toronto as a small business for auto accessories and repairs. The founder, John W. Billes, had the idea to build a distribution chain for auto parts and accessories and opened his first store in Toronto. In the 1930s, Canadian Tire expanded its focus and added household products to its offerings. In the 1950s, the company went public and since then has undergone impressive growth. Canadian Tire has acquired several companies in the past and also opened new divisions to diversify its offerings for customers. Today, the company is the fourth largest retailer in Canada, supplying various sectors from auto parts to leisure items and household products. The business model of Canadian Tire is based on the idea of providing customers with a comprehensive selection of products and services. The company specializes in the sale of auto parts and accessories, offering a variety of products for cars and trucks including tires, batteries, motor oil, windshield wipers, car seats, stereo systems, and more. Canadian Tire also offers a wide range of household products such as furniture, household goods, appliances, and kitchenware. Sports equipment such as bicycles, camping gear, fitness equipment, and more are also available. The company is not only known for its product sales, but also offers various services for the whole family, including travel and financial services, as well as auto parts installation. Canadian Tire operates various business divisions that complement its offerings. The most well-known ones include the large retail company Canadian Tire, the online trading company SportChek, the prestigious clothing store Mark's, and the home improvement store Canadian Tire Home Hardware. These different business segments allow the company to reach a wider audience and meet the diverse needs and requirements of customers. The product range of Canadian Tire is extensive, offering a wide selection of products and brands. The company offers a range of well-known and reputable brands such as Michelin, Karcher, KitchenAid, Cuisinart, Coleman, Weider, and many more. Canadian Tire continuously expands its product range and also offers its own brands such as 'Mastercraft', 'Motomaster', 'Simoniz', and 'Greenworks'. These private labels have a large following within Canada and are known for their quality and good prices. In conclusion, Canadian Tire is a diversified retail company that offers a wide range of products and services for Canada. The company has an impressive history and continues to grow steadily. The sale of auto parts and accessories is an important part of the business model, but the company also offers a variety of household and leisure items. The different business divisions allow the company to meet the different needs and requirements of customers. With its various own brands known for their quality and fair prices, the company plays an important role in Canada and is a significant part of the Canadian economy. Canadian Tire Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Canadian Tire Corporation's Equity

Canadian Tire Corporation's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Canadian Tire Corporation's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Canadian Tire Corporation's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Canadian Tire Corporation's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Canadian Tire Corporation’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Canadian Tire Corporation Stock

What is the equity of Canadian Tire Corporation this year?

Canadian Tire Corporation has equity of 5.55 B CAD this year.

What was the equity of Canadian Tire Corporation compared to the previous year?

The equity of Canadian Tire Corporation has increased/decreased by -1.25% decreased compared to the previous year.

What impact does a high equity have on investors of Canadian Tire Corporation?

A high equity is advantageous for investors of Canadian Tire Corporation as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Canadian Tire Corporation?

A low equity can be a risk for investors of Canadian Tire Corporation, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Canadian Tire Corporation affect the company?

An increase in equity of Canadian Tire Corporation can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Canadian Tire Corporation affect the company?

A reduction in equity of Canadian Tire Corporation can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Canadian Tire Corporation?

Some factors that can affect the equity of Canadian Tire Corporation include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Canadian Tire Corporation so important for investors?

The equity of Canadian Tire Corporation is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Canadian Tire Corporation take to change the equity?

To change equity, Canadian Tire Corporation can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Canadian Tire Corporation pay?

Over the past 12 months, Canadian Tire Corporation paid a dividend of 6.9 CAD . This corresponds to a dividend yield of about 5.03 %. For the coming 12 months, Canadian Tire Corporation is expected to pay a dividend of 7.86 CAD.

What is the dividend yield of Canadian Tire Corporation?

The current dividend yield of Canadian Tire Corporation is 5.03 %.

When does Canadian Tire Corporation pay dividends?

Canadian Tire Corporation pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Canadian Tire Corporation?

Canadian Tire Corporation paid dividends every year for the past 23 years.

What is the dividend of Canadian Tire Corporation?

For the upcoming 12 months, dividends amounting to 7.86 CAD are expected. This corresponds to a dividend yield of 5.73 %.

In which sector is Canadian Tire Corporation located?

Canadian Tire Corporation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Canadian Tire Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Tire Corporation from 6/1/2024 amounting to 1.75 CAD, you needed to have the stock in your portfolio before the ex-date on 4/29/2024.

When did Canadian Tire Corporation pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Canadian Tire Corporation in the year 2023?

In the year 2023, Canadian Tire Corporation distributed 5.85 CAD as dividends.

In which currency does Canadian Tire Corporation pay out the dividend?

The dividends of Canadian Tire Corporation are distributed in CAD.

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Andere Kennzahlen von Canadian Tire Corporation

Our stock analysis for Canadian Tire Corporation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Tire Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.