Financial Overview : Cara Operations Essay

2476 Words Nov 13th, 2016 10 Pages
Financial Overview Cara Operations is a pretty large company, with total dollar sales of $900.5 million (Cara Reports Q2 2016 Results, 2016). Market capitalization is equal to the current share price of the company multiplied by the number of outstanding shares of the company. Cara’s current stock price is $24.84 and their number of shares outstanding are 24.43M. Therefore, Cara’s market capitalization would be $24.84 x 24.43M = $606.8M. CHL will continue to hold 14,492,906 Multiple Voting Shares, representing approximately 29.5% of Cara 's total issued and outstanding shares. Fairfax Financial is also a shareholder of Cara Operations. Cara follows its history to 1883, when it sold daily papers and snacks along the Canadian Railroad (thus "CaRa"). Today, Cara’s goals for next 5 to 7 years is to grow their revenue between $2.5 and $3 Million. They plan on doing this by acquiring new brands and solidifying their well known title as Canada’s Largest Foodservice Company. five to seven years is to grow revenue to between $2.5 and $3 million, a
Is The Company Profitable?

Profitability ratios measure a company’s operating success for a certain time period. Generally, if a company has a higher value relative to the same ratio from a previous time period or a higher value than the industry average suggests improved performance.
Return on equity (ROE) is the amount of net income returned as a percentage of shareholders equity. Return on equity measures the ability of a company…

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