Canadian Historical Balance Sheet

CTC-A Stock

CAD 151.38 2.19 1.47%

Trend analysis of Canadian Tire balance sheet accounts such as Short Long Term Debt Total of 10.6 B, Other Current Liabilities of 896.1 M or Total Current Liabilities of 3.5 B provides information on Canadian TireLimited's total assets, liabilities, and equity, which is the actual value of Canadian TireLimited to its prevalent stockholders. By breaking down trends over time using Canadian TireLimited 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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Canadian TireLimited 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 Canadian TireLimited is a good buy for the upcoming year.

Canadian TireLimited Inventory

1.37 Billion

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Tire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Canadian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Canadian TireLimited at a specified time, usually calculated after every quarter, six months, or one year. Canadian TireLimited Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian TireLimited 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 Canadian currently owns. An asset can also be divided into two categories, current and non-current.

Canadian TireLimited Balance Sheet Chart

At this time, Canadian TireLimited's Short Term Debt is comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 413.4 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 3.5 B in 2025.

Total Assets Short Long Term Debt Total Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of Canadian TireLimited 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 Canadian TireLimited 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 Current Liabilities

Total Current Liabilities is an item on Canadian TireLimited balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canadian Tire 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 Canadian TireLimited's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canadian TireLimited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Tire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	7.7B	8.8B	10.1B	10.6B
Total Assets	22.1B	22.0B	22.2B	11.8B

Short Long Term Debt Total Total Assets

Canadian TireLimited balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Current Deferred Revenue	Short Term Investments
Total Assets		0.73	0.62	0.97	0.81	0.96	0.89	0.87	0.96	0.29	0.99	0.6	0.35	0.01	-0.84	0.84	0.97	0.61	-0.55	0.87	0.99	0.66	0.97	0.95	0.78	0.36
Short Long Term Debt Total	0.73		0.21	0.7	0.48	0.81	0.72	0.54	0.74	0.11	0.78	0.12	0.13	-0.03	-0.94	0.95	0.72	0.88	-0.52	0.95	0.66	0.93	0.76	0.81	0.95	0.22
Other Current Liab	0.62	0.21		0.69	0.61	0.46	0.44	0.62	0.59	0.52	0.54	0.64	0.58	0.06	-0.29	0.38	0.57	0.08	-0.5	0.46	0.68	0.13	0.59	0.54	0.35	0.54
Total Current Liabilities	0.97	0.7	0.69		0.81	0.91	0.87	0.86	0.95	0.23	0.95	0.63	0.29	-0.01	-0.77	0.77	0.96	0.54	-0.62	0.84	0.96	0.69	0.93	0.92	0.74	0.32
Total Stockholder Equity	0.81	0.48	0.61	0.81		0.73	0.55	0.99	0.84	0.21	0.74	0.45	0.24	0.08	-0.53	0.55	0.76	0.49	-0.4	0.62	0.87	0.51	0.65	0.62	0.62	0.17
Property Plant And Equipment Net	0.96	0.81	0.46	0.91	0.73		0.89	0.81	0.93	0.19	0.98	0.42	0.24	0.12	-0.91	0.88	0.95	0.7	-0.41	0.88	0.92	0.72	0.94	0.94	0.86	0.29
Net Debt	0.89	0.72	0.44	0.87	0.55	0.89		0.64	0.82	0.02	0.92	0.65	0.1	0.15	-0.82	0.8	0.91	0.51	-0.53	0.81	0.83	0.68	0.93	0.92	0.7	0.22
Retained Earnings	0.87	0.54	0.62	0.86	0.99	0.81	0.64		0.87	0.23	0.81	0.47	0.27	0.09	-0.61	0.61	0.82	0.53	-0.41	0.68	0.91	0.55	0.73	0.7	0.67	0.22
Accounts Payable	0.96	0.74	0.59	0.95	0.84	0.93	0.82	0.87		0.24	0.94	0.52	0.3	-0.06	-0.82	0.82	0.95	0.66	-0.53	0.87	0.96	0.71	0.91	0.9	0.82	0.32
Cash	0.29	0.11	0.52	0.23	0.21	0.19	0.02	0.23	0.24		0.23	0.23	0.98	-0.3	-0.17	0.29	0.18	0.17	-0.14	0.27	0.34	-0.07	0.28	0.27	0.19	0.77
Non Current Assets Total	0.99	0.78	0.54	0.95	0.74	0.98	0.92	0.81	0.94	0.23		0.55	0.3	0.04	-0.89	0.87	0.96	0.63	-0.52	0.89	0.95	0.69	0.98	0.97	0.81	0.34
Non Currrent Assets Other	0.6	0.12	0.64	0.63	0.45	0.42	0.65	0.47	0.52	0.23	0.55		0.3	-0.05	-0.28	0.33	0.59	-0.05	-0.54	0.37	0.65	0.13	0.62	0.55	0.14	0.28
Cash And Short Term Investments	0.35	0.13	0.58	0.29	0.24	0.24	0.1	0.27	0.3	0.98	0.3	0.3		-0.26	-0.2	0.33	0.23	0.15	-0.14	0.31	0.39	-0.06	0.36	0.34	0.23	0.88
Net Receivables	0.01	-0.03	0.06	-0.01	0.08	0.12	0.15	0.09	-0.06	-0.3	0.04	-0.05	-0.26		-0.02	-0.01	0.02	0.03	0.32	-0.03	-0.02	-0.1	-0.03	-0.06	0.1	-0.15
Common Stock Shares Outstanding	-0.84	-0.94	-0.29	-0.77	-0.53	-0.91	-0.82	-0.61	-0.82	-0.17	-0.89	-0.28	-0.2	-0.02		-0.96	-0.84	-0.81	0.45	-0.95	-0.77	-0.82	-0.86	-0.88	-0.92	-0.26
Non Current Liabilities Total	0.84	0.95	0.38	0.77	0.55	0.88	0.8	0.61	0.82	0.29	0.87	0.33	0.33	-0.01	-0.96		0.81	0.83	-0.53	0.99	0.78	0.81	0.87	0.9	0.94	0.39
Inventory	0.97	0.72	0.57	0.96	0.76	0.95	0.91	0.82	0.95	0.18	0.96	0.59	0.23	0.02	-0.84	0.81		0.62	-0.55	0.85	0.95	0.68	0.94	0.93	0.76	0.26
Other Current Assets	0.61	0.88	0.08	0.54	0.49	0.7	0.51	0.53	0.66	0.17	0.63	-0.05	0.15	0.03	-0.81	0.83	0.62		-0.42	0.82	0.57	0.8	0.57	0.63	0.85	0.14
Other Stockholder Equity	-0.55	-0.52	-0.5	-0.62	-0.4	-0.41	-0.53	-0.41	-0.53	-0.14	-0.52	-0.54	-0.14	0.32	0.45	-0.53	-0.55	-0.42		-0.59	-0.57	-0.55	-0.58	-0.6	-0.37	-0.12
Total Liab	0.87	0.95	0.46	0.84	0.62	0.88	0.81	0.68	0.87	0.27	0.89	0.37	0.31	-0.03	-0.95	0.99	0.85	0.82	-0.59		0.83	0.86	0.89	0.91	0.95	0.37
Total Current Assets	0.99	0.66	0.68	0.96	0.87	0.92	0.83	0.91	0.96	0.34	0.95	0.65	0.39	-0.02	-0.77	0.78	0.95	0.57	-0.57	0.83		0.61	0.93	0.9	0.73	0.37
Short Term Debt	0.66	0.93	0.13	0.69	0.51	0.72	0.68	0.55	0.71	-0.07	0.69	0.13	-0.06	-0.1	-0.82	0.81	0.68	0.8	-0.55	0.86	0.61		0.66	0.71	0.85	0.01
Intangible Assets	0.97	0.76	0.59	0.93	0.65	0.94	0.93	0.73	0.91	0.28	0.98	0.62	0.36	-0.03	-0.86	0.87	0.94	0.57	-0.58	0.89	0.93	0.66		0.99	0.78	0.43
Good Will	0.95	0.81	0.54	0.92	0.62	0.94	0.92	0.7	0.9	0.27	0.97	0.55	0.34	-0.06	-0.88	0.9	0.93	0.63	-0.6	0.91	0.9	0.71	0.99		0.8	0.43
Current Deferred Revenue	0.78	0.95	0.35	0.74	0.62	0.86	0.7	0.67	0.82	0.19	0.81	0.14	0.23	0.1	-0.92	0.94	0.76	0.85	-0.37	0.95	0.73	0.85	0.78	0.8		0.32
Short Term Investments	0.36	0.22	0.54	0.32	0.17	0.29	0.22	0.22	0.32	0.77	0.34	0.28	0.88	-0.15	-0.26	0.39	0.26	0.14	-0.12	0.37	0.37	0.01	0.43	0.43	0.32

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Canadian TireLimited Account Relationship Matchups

Canadian TireLimited balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.4B	21.8B	22.1B	22.0B	22.2B	11.8B
Short Long Term Debt Total	7.2B	7.1B	7.7B	8.8B	10.1B	10.6B
Other Current Liab	1.7B	2.4B	1.7B	1.4B	1.2B	896.1M
Total Current Liabilities	5.2B	6.8B	7.1B	6.4B	6.3B	3.5B
Total Stockholder Equity	4.5B	5.1B	5.6B	5.5B	6.2B	3.8B
Property Plant And Equipment Net	6.0B	6.3B	6.9B	7.2B	7.4B	3.9B
Net Debt	5.9B	5.4B	7.4B	8.5B	5.0B	2.7B
Retained Earnings	4.1B	4.7B	5.1B	5.1B	5.6B	3.2B
Accounts Payable	2.0B	2.4B	2.7B	2.2B	2.4B	1.7B
Cash	1.3B	1.7B	313.8M	311.2M	447.5M	636.3M
Non Current Assets Total	9.8B	10.2B	10.6B	10.7B	10.9B	5.5B
Non Currrent Assets Other	1.0B	1.1B	1.1B	1.1B	50.9M	48.4M
Cash And Short Term Investments	1.9B	2.3B	490.1M	488.4M	561.7M	778.0M
Net Receivables	714.4M	715.7M	884.6M	7.8B	829.6M	788.1M
Common Stock Shares Outstanding	61.1M	61.3M	59.3M	56.5M	55.6M	61.0M
Liabilities And Stockholders Equity	20.4B	21.8B	22.1B	22.0B	25.3B	26.5B
Non Current Liabilities Total	9.3B	8.5B	7.9B	9.1B	8.8B	9.3B
Inventory	2.3B	2.5B	3.2B	2.7B	2.6B	1.4B
Other Current Assets	342.6M	326.3M	405.7M	512.1M	588.9M	618.4M
Total Liab	14.5B	15.3B	15.1B	15.5B	15.2B	15.9B
Total Current Assets	10.5B	11.6B	11.5B	11.3B	11.3B	6.2B
Accumulated Other Comprehensive Income	(237.7M)	(169.2M)	(42.4M)	(181.8M)	(163.6M)	(155.4M)
Short Term Debt	1.2B	1.6B	2.5B	2.4B	2.8B	2.9B
Intangible Assets	1.5B	1.5B	1.5B	1.4B	1.3B	734.7M
Good Will	889.5M	876.8M	863.2M	844.8M	838.7M	470.8M
Current Deferred Revenue	246.8M	291.2M	316.4M	342.4M	393.8M	413.4M
Short Term Investments	643M	606.2M	176.3M	177.2M	128.4M	252.3M
Common Stock	597M	593.6M	587.8M	598.7M	538.8M	503.9M
Other Liab	1.0B	1.0B	1.0B	932.8M	1.1B	1.0B
Net Tangible Assets	1.8B	2.1B	2.8B	3.3B	2.9B	2.4B
Other Assets	1.5B	1.3B	1.3B	1.2B	1.4B	1.2B
Long Term Debt	4.1B	3.6B	3.2B	4.4B	3.9B	3.3B
Long Term Investments	146.2M	175.1M	62.6M	108.2M	72.8M	110.7M
Short Long Term Debt	822.5M	1.3B	2.1B	2.0B	1.5B	1.3B
Property Plant Equipment	5.9B	6.0B	6.3B	6.9B	8.0B	5.4B
Non Current Liabilities Other	2.9B	2.6B	2.3B	2.3B	2.4B	2.6B
Net Invested Capital	9.4B	9.9B	10.9B	12.0B	11.6B	11.4B
Net Working Capital	5.3B	4.9B	4.4B	4.9B	5.0B	5.0B
Capital Stock	597M	593.6M	587.8M	598.7M	625.9M	657.3M

Pair Trading with Canadian TireLimited

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 Canadian TireLimited 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 Canadian TireLimited will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.66	MSFT	Microsoft Corp CDR	Pair Corr
0.69	AMZN	Amazon CDR	Pair Corr
0.76	GOOG	Alphabet CDR	Pair Corr

Moving against Canadian Stock

0.58	BRK	Berkshire Hathaway CDR	Pair Corr
0.57	LLY	Eli Lilly	Pair Corr

The ability to find closely correlated positions to Canadian TireLimited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian TireLimited 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 Canadian TireLimited - 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 Canadian Tire to buy it.

The correlation of Canadian TireLimited 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 Canadian TireLimited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian TireLimited 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 Canadian TireLimited 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.

Pair Correlation Correlation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian TireLimited's price analysis, check to measure Canadian TireLimited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian TireLimited is operating at the current time. Most of Canadian TireLimited's value examination focuses on studying past and present price action to predict the probability of Canadian TireLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian TireLimited's price. Additionally, you may evaluate how the addition of Canadian TireLimited to your portfolios can decrease your overall portfolio volatility.

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Canadian Historical Balance Sheet

Canadian TireLimited Inventory

1.37 Billion

About Canadian Balance Sheet Analysis

Canadian TireLimited Balance Sheet Chart

Total Assets

Total Current Liabilities

Canadian TireLimited balance sheet Correlations

Canadian TireLimited Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian TireLimited balance sheet Accounts

Pair Trading with Canadian TireLimited

Moving together with Canadian Stock

Moving against Canadian Stock

Additional Tools for Canadian Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Non Current Liabilities Total
Good Will	+ 0.99	Intangible Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Non Current Liabilities Total	- 0.96	Common Stock Shares Outstanding
Total Liab	- 0.95	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Short Long Term Debt Total
Current Deferred Revenue	- 0.92	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.91	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.89	Non Current Assets Total