Spencer Forgo - ATCO Director Affairs

ACO-Y Stock  CAD 50.48  1.02  1.98%   

Director

Spencer Forgo is Director Affairs of ATCO
Address West Building, Calgary, AB, Canada, T3E 8B4
Phone403 292 7500
Webhttps://www.atco.com

ATCO Management Efficiency

The company has return on total asset (ROA) of 0.0296 % which means that it generated a profit of $0.0296 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0854 %, meaning that it generated $0.0854 on every $100 dollars invested by stockholders. ATCO's management efficiency ratios could be used to measure how well ATCO manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.09 in 2024. Change To Liabilities is likely to gain to about 339.3 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1 B in 2024.
ATCO has accumulated 11.17 B in total debt with debt to equity ratio (D/E) of 129.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ATCO has a current ratio of 1.15, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist ATCO until it has trouble settling it off, either with new capital or with free cash flow. So, ATCO's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ATCO sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ATCO to invest in growth at high rates of return. When we think about ATCO's use of debt, we should always consider it together with cash and equity.

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ATCO Ltd., together with its subsidiaries, engages in the electricity, pipeline and liquid, and retail energy businesses in Canada, Australia, and internationally. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO LTD operates under Utilities - Diversified classification in Canada and is traded on Toronto Stock Exchange. It employs 6241 people. ATCO (ACO-Y) is traded on Toronto Exchange in Canada and employs 20,175 people. ATCO is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

ATCO Leadership Team

Elected by the shareholders, the ATCO's board of directors comprises two types of representatives: ATCO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ATCO. The board's role is to monitor ATCO's management team and ensure that shareholders' interests are well served. ATCO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ATCO's outside directors are responsible for providing unbiased perspectives on the board's policies.
Spencer Forgo, Director Affairs
George Constantinescu, Executive Officer
Adam Beattie, President Ltd
Dale Friesen, Senior Officer
Derek Cook, Senior Controller
James Landon, President Frontec
Lisa Cooke, Senior Officer
Marshall Wilmot, President Retail
Eng BSc, Chief EnPower
KatherineJane Patrick, Executive Officer
Rebecca Kalmacoff, VP Structures
Nancy Southern, Chair CEO
Myles Dougan, Director Relations
Kyle Brunner, General VP
Kurt Kadatz, Senior Communications
John Ivulich, CEO Australia
Wayne Stensby, Chief Systems
Rebecca Penrice, Executive Services

ATCO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ATCO a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with ATCO

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

Moving together with ATCO Stock

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Moving against ATCO Stock

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The ability to find closely correlated positions to ATCO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATCO 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 ATCO - 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 ATCO to buy it.
The correlation of ATCO 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 ATCO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATCO 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 ATCO 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 CorrelationCorrelation Matching

Additional Tools for ATCO Stock Analysis

When running ATCO's price analysis, check to measure ATCO'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 ATCO is operating at the current time. Most of ATCO's value examination focuses on studying past and present price action to predict the probability of ATCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATCO's price. Additionally, you may evaluate how the addition of ATCO to your portfolios can decrease your overall portfolio volatility.