GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (TSX:REAL) » Definitions » Financial Strength

Real Matters (TSX:REAL) Financial Strength : 7 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Real Matters Financial Strength?

Real Matters has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Real Matters did not have earnings to cover the interest expense. Real Matters's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.02. As of today, Real Matters's Altman Z-Score is 10.15.


Competitive Comparison of Real Matters's Financial Strength

For the Real Estate Services subindustry, Real Matters's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Real Matters's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Real Matters's Financial Strength distribution charts can be found below:

* The bar in red indicates where Real Matters's Financial Strength falls into.


;
;

Real Matters Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Real Matters's Interest Expense for the months ended in Mar. 2025 was C$-0.1 Mil. Its Operating Income for the months ended in Mar. 2025 was C$-4.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$1.8 Mil.

Real Matters's Interest Coverage for the quarter that ended in Mar. 2025 is

Real Matters did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Real Matters's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.469 + 1.786) / 214.316
=0.02

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Real Matters has a Z-score of 10.15, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 10.15 is strong.

* 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.


Real Matters  (TSX:REAL) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Real Matters has the Financial Strength Rank of 7.


Real Matters Financial Strength Related Terms

Thank you for viewing the detailed overview of Real Matters's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Real Matters Business Description

Traded in Other Exchanges
Address
50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title, and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.
Executives
Jason Smith Director
Loren Cooke Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Ryan Jacob Smith Senior Officer
Brian Lang Director, Senior Officer
Kay Brekken Director
Frank Vincent Mcmahon Director
Karen Lynne Martin Director
William Thomas Holland Director
Garry Foster Director
Robert John Smith Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Craig Rowsell Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Kimberly Sue Montgomery Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Michael Vukanovich Director
Kevin Alan Walton Senior Officer
William Peter Melvin Herman Senior Officer