Reitmans (Canada) (Reitmans (Canada)) Total Assets : $365.6 Mil (As of Jan. 2024)

View and export this data going back to . Start your Free Trial

What is Reitmans (Canada) Total Assets?

Reitmans (Canada)'s Total Assets for the quarter that ended in Jan. 2024 was $365.6 Mil.

During the past 12 months, Reitmans (Canada)'s average Total Assets Growth Rate was 9.50% per year. During the past 3 years, the average Total Assets Growth Rate was 5.40% per year. During the past 5 years, the average Total Assets Growth Rate was -1.30% per year. During the past 10 years, the average Total Assets Growth Rate was -1.60% per year.

During the past 13 years, Reitmans (Canada)'s highest 3-Year average Total Assets Growth Rate was 24.60%. The lowest was -10.10%. And the median was 0.60%.

Total Assets is connected with ROA %. Reitmans (Canada)'s annualized ROA % for the quarter that ended in Jan. 2024 was -0.01%. Total Assets is also linked to Revenue through Asset Turnover. Reitmans (Canada)'s Asset Turnover for the quarter that ended in Jan. 2024 was 0.46.

Reitmans (Canada) Total Assets Historical Data

The historical data trend for Reitmans (Canada)'s Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reitmans (Canada) Total Assets Chart

Reitmans (Canada) Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Assets

Get a 7-Day Free Trial

427.97

312.17

248.99

331.20

365.60

Reitmans (Canada) Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															331.20	313.07	342.35	345.61	365.60

Reitmans (Canada) Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Reitmans (Canada)'s Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (A: Jan. 2024 )	+	Total Liabilities (A: Jan. 2024 )
	=	207.866	+	157.738
	=	365.6

Reitmans (Canada)'s Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	207.866	+	157.738
	=	365.6

Reitmans (Canada) (OTCPK:RTMAF) Total Assets Explanation

Total Assets is connected with ROA %.

Reitmans (Canada)'s annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.04	/	( (345.607	+	365.604)	/ 2 )
	=	-0.04	/	355.6055
	=	-0.01 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Reitmans (Canada)'s Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	164.631	/	( (345.607	+	365.604)	/ 2 )
=	164.631	/	355.6055
=	0.46

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Reitmans (Canada) Total Assets Related Terms

Thank you for viewing the detailed overview of Reitmans (Canada)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Reitmans (Canada) (Reitmans (Canada)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Reitmans (Canada) Ltd (OTCPK:RTMAF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

RTMNF:USA CX40:Germany RET.A:Canada RET:Canada

Address

155 Wellington Street West, 40th Floor, Toronto, ON, CAN, M5V 3J7

Website

https://www.reitmans.com

Reitmans (Canada) Ltd is an apparel retailer based in Canada. Its main business is the sale of ladies' specialty apparel to consumers. The product offering comprises Tops, Bottoms, Dresses, Coats and Jackets, Blazers, Lingerie and Sleepwear, among others. It also sells accessories such as Scarves, Bags, Belts, Sunglasses and others. The company operates an e-commerce website shopping for all its banners. Some of its revenue sources are from the sale of merchandise, customer loyalty award programs and sale of gift cards. The group offers its products through the retail banners of Reitmans, Penningtons and RW & CO. The Company's operating segments, operate in the women apparel business, in Canada.

Reitmans (Canada) (Reitmans (Canada)) Headlines

From GuruFocus

Reitmans: An Owner Operator Business with Messed Up Expectations

By Chandan Dubey Chandan Dubey • 12-13-2013