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    MHR.TO  McGraw-Hill Ryerson Ltd

    Exchange

    TSX

    Sector

    Diversified Industries

    Industry

    Market Cap.

    77.8M

    Very Strong Balance Sheet

    MHR.TO has more Cash than its Total Liabilities, resulting in $11.79 Net Cash per share. In other words, if you buy MHR.TO today, the price you're paying for shares is actually $27.21 because $11.79 of Cash is included in the current share price. This much Cash is very healthy. It can help MHR.TO sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.
    Figures in CAD. Fiscal year ends in December
    2002200320042005200620072008200920102011
    Cash 14.12M 21.45M 21.50M 27.21M 33.51M 35.65M 43.86M 36.70M 45.23M 42.64M
    Current Assets 58.31M 52.69M 55.79M 58.49M 64.16M 62.47M 69.61M 61.44M 63.58M 62.40M
    Total Assets 95.41M 86.88M 87.37M 87.68M 95.21M 94.66M 102.82M 96.03M 96.75M 93.40M
    Current Liabilities 34.43M 21.19M 16.60M 16.15M 18.50M 17.25M 30.73M 15.86M 15.01M 16.62M
    Total Liabilities 36.00M 22.66M 17.54M 16.55M 18.71M 19.23M 32.75M 18.67M 18.90M 18.94M
    Stockholder' Equity 59.40M 64.22M 69.83M 71.14M 76.50M 75.43M 70.07M 77.36M 77.86M 74.46M
    Current Ratio 1.69 2.49 3.36 3.62 3.47 3.62 2.27 3.87 4.24 3.75
    TL-to-TA 0.38 0.26 0.20 0.19 0.20 0.20 0.32 0.19 0.20 0.20

    Low or No Reinvestment of Profits over the past 10 years

    MHR.TO has either been retaining a small amount of their earnings or has done so inconsistently. A lack of consistency could be due to MHR.TO operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth. Be wary of future prospects and if applicable, inspect the moat's sustainability.
    Figures in CAD. Fiscal year ends in December
    2002200320042005200620072008200920102011
    Retained Earnings 57.41M 62.22M 67.84M 69.14M 74.50M 73.43M 68.07M 75.36M 75.86M 71.76M
    Retained Earnings Growth - 8.39% 9.02% 1.93% 7.75% -1.43% -7.30% 10.71% 0.66% -5.40%