By Ariana Ansary

Canadian Tire Corporation Limited Overview

● Canadian Tire Corporation, is a Canadian retail company which sells a wide

range of automotive, hardware, sports and leisure, and home products.

● Founded in Toronto by brothers J.W. and A.J. Billes, the company got its start
when the brothers bought the Hamilton Tire and Garage in 1922. In 1927, they
incorporated the business as the Canadian Tire Corporation.

● The headquarter remain in Toronto, but have a location in every single

province except Nunavut
1922~ Brothers John W. 1927: The Billeses
and Alfred Jackson (A. J.) incorporate their 1931: Company
Billes purchase Hamilton enterprise as Canadian introduces its
Tire and Garage Limited, Tire Corporation, unconditional tire
an automobile service Limited; first mail-
guarantee.
garage and auto parts order catalog is
depot in Toronto. published.

1982: Canadian Tire

1934: 1950’s: Canadian buys the U.S.-based
First associate store Tire “money” is White Stores, Inc.
opens in Hamilton, introduced automotive retail
Ontario. chain.
 Timeline

1991: Company
1985: The White 1994: Multiyear
reenters U.S. market
store improvement
Stores venture flops with the
program is
and is divested. establishment of the
launched.
Auto Source chain.

1997: Martha Billes,

1995: Canadian daughter of A.J. Billes, 1999: The
Tire announces buys out her brothers'
PartSource chain
stakes in the company,
that it will shutter begins its official
giving her a
Auto Source. controlling 61 percent rollout.
interest.
Holdings
Brands Owner
 LOCATIONS
1,702 TOTAL Locations

500 91 Part- 433 FGL 382 296 Gas

Canadian Source Sports Mark's Stations
Tire stores stores
stores
stores
We are one of Canada’s most admired
and trusted companies. With world-
class owned brands and exciting
market-leading merchandising
strategies, we are continually
innovating with purpose: to excite and
serve Canadian customers from coast-
to-coast.
● 65 years old

● On and off
president for 10
years
General Info
 Summarized Auditor’s Report
- The auditing company, Deloitte, confirmed that the audit went successfully
- In the report they stated that everything was within accordance of the
government standards
- Management is responsible for preparing and ensuring the financial
statements are correct and shall assume full liability
Majority Shareholder Award goes to…

Martha Billes with 61.4%

Financial Analysis
1. Current Ratio = 1.819172768
a. Ratio of 1.5-2.0 would indicate efficiency and good management
2. Working Capital = $3651.9 million
3. Inventory Turnover = 7.59
a. Their entire inventory would sell out in 48.089 days
Conclusion
● Financially healthy
● Definitely not going to suddenly “drop”
● Yes I would invest, but not too much because it is not rapidly growing
● At its maturity stage on the cycle
Bibliography
“About Us.” Canadian Tire, corp.canadiantire.ca/English/about-us/default.aspx.

“Canadian Tire Corporation Annual Report.” CTC Investors, 2017,

corp.canadiantire.ca/English/investors/financials-reporting/annual-disclosures/default.aspx

“Canadian Tire.” The Canadian Encyclopedia, www.thecanadianencyclopedia.ca/en/article/canadian-tire-corporation-limited.

“Canadian Tire: History of a Revered Canadian Icon.” TheSpec.com, TheSpec.com, 1 Mar. 2017, www.thespec.com/shopping-
story/7027509-canadian-tire-history-of-a-revered-canadian-icon/.

“Canadian Tire's Mistaken Leap into the U.S. - CBC Archives.” CBCnews, CBC/Radio Canada, www.cbc.ca/archives/entry/canadian-
tires-mistaken-leap-into-the-us