Reitmans (Canada) is among the group of TSX Venture Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap.
Stocks in this category are held primarily for speculation.
Today we are looking at companies trading at less than cash value. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a PE Ratio greater than zero and are worth exploring in more detail. Today's data is for companies listed on the .
More about Reitmans (Canada)
Reitmans (Canada) Ltd is a retailer of varied types of apparels. It manages apparel stores under the Reitman, Penningtons, RW & CO , Addition Elle, Thyme Maternity and Hyba brands.
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