RioCan Historical Balance Sheet
REI-UN Stock | CAD 18.81 0.08 0.43% |
Trend analysis of RioCan Real Estate balance sheet accounts such as Net Debt of 4.1 B, Non Currrent Assets Other of 407.7 M, Other Assets of 664.9 M or Common Stock Shares Outstanding of 233.8 M provides information on RioCan Real's total assets, liabilities, and equity, which is the actual value of RioCan Real Estate to its prevalent stockholders. By breaking down trends over time using RioCan Real balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining RioCan Real Estate latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RioCan Real Estate is a good buy for the upcoming year.
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About RioCan Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of RioCan Real Estate at a specified time, usually calculated after every quarter, six months, or one year. RioCan Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RioCan Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RioCan currently owns. An asset can also be divided into two categories, current and non-current.
RioCan Real Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of RioCan Real assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in RioCan Real Estate books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Current Liabilities
Total Current Liabilities is an item on RioCan Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RioCan Real Estate are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from RioCan Real's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RioCan Real Estate current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RioCan Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, RioCan Real's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 407.7 M, whereas Total Assets are forecasted to decline to about 8.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.7B | 6.8B | 6.9B | 4.2B | Total Assets | 15.2B | 15.1B | 14.8B | 8.8B |
RioCan Real balance sheet Correlations
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RioCan Real Account Relationship Matchups
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RioCan Real balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.2B | 15.3B | 15.2B | 15.1B | 14.8B | 8.8B | |
Short Long Term Debt Total | 6.4B | 7.0B | 6.7B | 6.8B | 6.9B | 4.2B | |
Total Stockholder Equity | 8.3B | 7.7B | 7.9B | 7.7B | 7.4B | 4.3B | |
Property Plant And Equipment Net | 14.4B | 14.1B | 14.0B | 13.8B | 13.6B | 14.2B | |
Net Debt | 6.3B | 6.7B | 6.6B | 6.7B | 6.8B | 4.1B | |
Non Currrent Assets Other | 14.6B | 186.5M | 219.3M | 291.8M | 388.3M | 407.7M | |
Other Assets | 270.5M | 252.1M | 309.4M | 373.0M | 335.7M | 664.9M | |
Common Stock Shares Outstanding | 314.0M | 307.8M | 317.7M | 317.3M | 300.5M | 233.8M | |
Liabilities And Stockholders Equity | 15.2B | 15.3B | 15.2B | 15.1B | 14.8B | 8.8B | |
Non Current Liabilities Total | 5.6B | 6.2B | 6.4B | 5.8B | 5.8B | 3.9B | |
Other Stockholder Equity | (3.4B) | (2.9B) | (3.1B) | (3.0B) | 56.0M | 58.7M | |
Total Liab | 6.9B | 7.5B | 7.3B | 7.4B | 7.4B | 4.4B | |
Retained Earnings | 3.5B | 3.0B | 3.2B | 3.1B | 2.8B | 2.1B | |
Net Receivables | 90.4M | 129.5M | 33.0M | 32.3M | 41.0M | 62.1M | |
Other Current Liab | 260.4M | 244.2M | 185.0M | 281.1M | 276.8M | 290.7M | |
Accounts Payable | 57.8M | 86.5M | 92.3M | 88.6M | 68.5M | 98.9M | |
Cash | 93.5M | 238.5M | 77.8M | 86.2M | 124.2M | 87.8M | |
Non Current Assets Total | 14.8B | 14.5B | 14.6B | 14.5B | 14.3B | 11.6B | |
Cash And Short Term Investments | 93.5M | 238.5M | 77.8M | 86.2M | 128.4M | 88.1M | |
Total Current Assets | 375.4M | 808.5M | 609.5M | 637.4M | 503.8M | 578.0M | |
Total Current Liabilities | 1.3B | 1.3B | 859.0M | 1.6B | 1.6B | 950.8M | |
Short Term Debt | 935.8M | 943.0M | 512.8M | 1.2B | 1.3B | 771.7M | |
Other Current Assets | 82.5M | 226.3M | 164.8M | 133.7M | 117.3M | 111.4M | |
Accumulated Other Comprehensive Income | (17.3M) | (68.3M) | (26.5M) | 62.4M | 51.2M | 48.7M | |
Common Stock | 4.8B | 4.8B | 4.7B | 4.6B | 4.6B | 4.8B | |
Current Deferred Revenue | 30.6M | 36.3M | 55.4M | 41.4M | 31.4M | 29.9M | |
Other Liab | 76.2M | 121.0M | 147.1M | 168.6M | 193.9M | 124.6M | |
Net Tangible Assets | 8.3B | 7.7B | 7.9B | 7.7B | 8.9B | 8.5B | |
Long Term Debt | 5.1B | 6.0B | 6.2B | 5.6B | 5.6B | 6.0B | |
Long Term Investments | 190.5M | 209.7M | 327.3M | 364.9M | 383.9M | 228.7M | |
Short Long Term Debt | 934.0M | 935.2M | 462.8M | 1.2B | 1.3B | 1.1B | |
Property Plant Equipment | 14.4B | 14.1B | 14.0B | 13.8B | 15.9B | 14.8B | |
Inventory | 109.0M | 214.2M | 217.0M | 272.0M | 217.2M | 169.6M | |
Capital Lease Obligations | 35.4M | 40.7M | 38.0M | 36.6M | 35.1M | 33.8M | |
Non Current Liabilities Other | 30.7M | 31.5M | 36.5M | 228K | 205.2K | 194.9K |
Pair Trading with RioCan Real
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RioCan Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RioCan Real will appreciate offsetting losses from the drop in the long position's value.Moving against RioCan Stock
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The ability to find closely correlated positions to RioCan Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RioCan Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RioCan Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RioCan Real Estate to buy it.
The correlation of RioCan Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RioCan Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RioCan Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RioCan Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in RioCan Stock
Balance Sheet is a snapshot of the financial position of RioCan Real Estate at a specified time, usually calculated after every quarter, six months, or one year. RioCan Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RioCan Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RioCan currently owns. An asset can also be divided into two categories, current and non-current.