What is the debt of Reitmans Canada this year?
Reitmans Canada has a debt level of 20.94 CAD this year.
In 2024, Reitmans Canada's total debt was 20.94 CAD, a -62.87% change from the 56.4 CAD total debt recorded in the previous year.
Reitmans Canada's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Reitmans Canada's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Reitmans Canada’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Reitmans Canada’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Reitmans Canada has a debt level of 20.94 CAD this year.
The debt of Reitmans Canada has increased by -62.87% compared to the previous year dropped.
High debt can pose a risk for investors of Reitmans Canada, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Reitmans Canada has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Reitmans Canada can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Reitmans Canada can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Reitmans Canada include investments, acquisitions, operating costs, and revenue development.
The debts of Reitmans Canada are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Reitmans Canada can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Reitmans Canada paid a dividend of 0.2 CAD . This corresponds to a dividend yield of about 8.4 %. For the coming 12 months, Reitmans Canada is expected to pay a dividend of 0 CAD.
The current dividend yield of Reitmans Canada is 8.4 %.
Reitmans Canada pays a quarterly dividend. This is distributed in the months of February, May, August, November.
Reitmans Canada paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
Reitmans Canada is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Reitmans Canada from 10/24/2019 amounting to 0.05 CAD, you needed to have the stock in your portfolio before the ex-date on 10/9/2019.
The last dividend was paid out on 10/24/2019.
In the year 2023, Reitmans Canada distributed 0 CAD as dividends.
The dividends of Reitmans Canada are distributed in CAD.
Our stock analysis for Reitmans Canada 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 Reitmans Canada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.