Reitmans Canada - Stock

Reitmans Canada ROA 2024

Reitmans Canada ROA

0.03

Reitmans Canada Dividend yield

8.4 %

Ticker

RET.A.V

ISIN

CA7594042052

WKN

868721

In 2024, Reitmans Canada's return on assets (ROA) was 0.03, a -94.01% increase from the 0.5 ROA in the previous year.

Reitmans Canada Aktienanalyse

What does Reitmans Canada do?

Reitmans Canada Ltd, founded in 1926, is a Canadian fashion company specializing in women's clothing and accessories. It has its headquarters in Montreal and operates over 600 stores throughout Canada, making it one of the country's largest retailers. The company began with the founding by Herman and Sarah Reitman in Montreal and started as a men's clothing store, but soon began selling women's clothing as well. Over the decades, Reitmans grew steadily and opened more and more stores across the country. Today, Reitmans operates in four different divisions: Reitmans, RW&CO, Thyme Maternity, and Penningtons. Each division focuses on different target groups and offers unique products. Reitmans is the company's main division and offers clothing and accessories for women of all ages. The brand has made a name for itself in the industry and is known for its stylish yet affordable women's clothing, available in various sizes and fits. RW&CO, founded in 1999, offers a wide range of modern and fashionable clothing targeted at young career women. The brand is known for its chic office wear and targeting of active professional women. Thyme Maternity is another division of Reitmans specializing in maternity wear. The brand offers a wide selection of stylish and comfortable clothing for expectant mothers who are looking for both elegance and comfort. Penningtons is a women's fashion brand that focuses on clothing for larger women. The brand offers a comprehensive range of sizes from 14 to 32 and is known for its fashionable and affordable clothing that appeals to both trendsetters and women with a more conventional choice. Reitmans aims to establish itself as a leading fashion company. To achieve this, the company relies on a combination of contemporary style, affordable prices, and a wide range of products. The Reitmans brand offers a wide range of product categories such as dresses, pants, tops, jackets, and accessories. The range includes both formal and casual pieces that complement each other ideally for seasonal transitions. The garments are available in various sizes, styles, and fits to provide the widest possible selection and cater to different needs. RW&CO offers a wide range of modern and trendy clothing targeted at a younger demographic. The brand is known for its chic office wear that is perfect for career women looking for stylish outfits that can be comfortably worn in the workplace. Thyme Maternity offers comfortable yet stylish maternity wear targeting expectant mothers. The collection includes everything from basics such as comfortable leggings to trendy dresses and tops that flatter the growing belly in every stage of pregnancy. Penningtons is a brand that focuses on larger women. It offers a wide range of clothing that is stylish and comfortable and emphasizes and conceals curves. The range includes everything from dresses and tops to pants and skirts. Overall, Reitmans Canada Ltd is a leading fashion company in Canada offering a wide range of products to serve different target groups. The Reitmans brand itself has earned a place in the industry and is known for its stylish yet affordable women's clothing. With its three other divisions, Reitmans caters to different market segments and offers a unique selection of products tailored to the needs of each customer. Reitmans Canada ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Reitmans Canada's Return on Assets (ROA)

Reitmans Canada's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Reitmans Canada's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Reitmans Canada's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Reitmans Canada’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Reitmans Canada Stock

What is the Return on Assets (ROA) of Reitmans Canada this year?

The Return on Assets (ROA) of Reitmans Canada is 0.03 undefined this year.

What was the ROA of Reitmans Canada compared to the previous year?

The ROA of Reitmans Canada has increased by -94.01% compared to the previous year.

What consequences do high ROA have for investors of Reitmans Canada?

A high ROA is advantageous for investors of Reitmans Canada, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Reitmans Canada?

A low ROA can be unfavorable for investors of Reitmans Canada as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Reitmans Canada affect the company?

An increase in ROA of Reitmans Canada can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Reitmans Canada impact the company?

A reduction in the ROA of Reitmans Canada can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Reitmans Canada?

Some factors that can influence the ROA of Reitmans Canada include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Reitmans Canada important for investors?

The ROA of Reitmans Canada is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Reitmans Canada take to improve ROA?

To improve ROA, Reitmans Canada can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Reitmans Canada pay?

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.

What is the dividend yield of Reitmans Canada?

The current dividend yield of Reitmans Canada is 8.4 %.

When does Reitmans Canada pay dividends?

Reitmans Canada pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of Reitmans Canada?

Reitmans Canada paid dividends every year for the past 0 years.

What is the dividend of Reitmans Canada?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Reitmans Canada located?

Reitmans Canada is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Reitmans Canada kaufen, um die vorherige Dividende zu erhalten?

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.

When did Reitmans Canada pay the last dividend?

The last dividend was paid out on 10/24/2019.

What was the dividend of Reitmans Canada in the year 2023?

In the year 2023, Reitmans Canada distributed 0 CAD as dividends.

In which currency does Reitmans Canada pay out the dividend?

The dividends of Reitmans Canada are distributed in CAD.

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Andere Kennzahlen von Reitmans Canada

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.