Introduction Hudson’s Bay Company is a multinational company head quartered out of Toronto, Ontario. The corporation is governed by a board of directors chaired by Richard Baker. Joining Baker on the board are seven men and two women. Gerald Storch, the Chief Executive Officer, and Todd Zator, the Chief Accounting Officer, both hold important leadership positions in the company. Elizabeth Rodbell works as the president of the HBC Department Store Group. HBC has six subsidiaries, most based in Toronto or New York. The exception being Fields which is based in Delta, British Columbia. In Toronto, aside from the main offices, are Home Outfitters and Designer Depot. Saks, Saks Fifth Avenue and Lord and Taylor, HBC’s high fashion brands,
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Turnover and operating cycle figures are not strengthening at the pace interested parties may hope but they are thankfully not getting any weaker. Interest was earned 3 times in 2015, down from 3.1 in 2014 and a worryingly low 0.1 in 2013. Equity and debt ratios are opposites as a steady 75% of assets have been delegated to debt over the past three years. As with other ratios, profitability has increased marginally between 2014 and 2015 after the stark figures of 2013. Total assets increased 39% in 2015 while liabilities only increased by 36%. Long term loans decreased by 69 million in 2014 but increased by 6 million in 2015. Gross profits increased by 50%, marginally better than the 49% increase in expenses. Current assets have decreased in terms of percentage of total assets along with property and plant. Investments in joint ventures were posted in 2015, taking up 5% of total assets. Inventory, cash, trade and other receivables continue to increase drastically, boding well for …show more content…
After a brief increase the stock once again devalued to a further 14.60 in mid-May. This volatility makes their stocks unattractive to amateur stock traders but may be considered a junk share by some investors. Experts recommend buying for the comany’s real estate holding despite lacklustre performance in the retail sector. However, other experts recommend only for long term investors since the shares often take time to rebound from lows like the company is experiencing
Turnover and operating cycle figures are not strengthening at the pace interested parties may hope but they are thankfully not getting any weaker. Interest was earned 3 times in 2015, down from 3.1 in 2014 and a worryingly low 0.1 in 2013. Equity and debt ratios are opposites as a steady 75% of assets have been delegated to debt over the past three years. As with other ratios, profitability has increased marginally between 2014 and 2015 after the stark figures of 2013. Total assets increased 39% in 2015 while liabilities only increased by 36%. Long term loans decreased by 69 million in 2014 but increased by 6 million in 2015. Gross profits increased by 50%, marginally better than the 49% increase in expenses. Current assets have decreased in terms of percentage of total assets along with property and plant. Investments in joint ventures were posted in 2015, taking up 5% of total assets. Inventory, cash, trade and other receivables continue to increase drastically, boding well for …show more content…
After a brief increase the stock once again devalued to a further 14.60 in mid-May. This volatility makes their stocks unattractive to amateur stock traders but may be considered a junk share by some investors. Experts recommend buying for the comany’s real estate holding despite lacklustre performance in the retail sector. However, other experts recommend only for long term investors since the shares often take time to rebound from lows like the company is experiencing