Nicolas Krantz - Corby Spirit CEO President

CSW-A Stock  CAD 12.64  0.02  0.16%   

CEO

Nicolas Krantz is CEO President of Corby Spirit and
Age 53
Address 225 King Street West, Toronto, ON, Canada, M5V 3M2
Phone416 479 2400
Webhttps://www.corby.ca

Corby Spirit Management Efficiency

The company has return on total asset (ROA) of 0.0649 % which means that it generated a profit of $0.0649 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1322 %, meaning that it generated $0.1322 on every $100 dollars invested by stockholders. Corby Spirit's management efficiency ratios could be used to measure how well Corby Spirit manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.13 in 2024. Return On Capital Employed is likely to gain to 0.27 in 2024. At this time, Corby Spirit's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 170.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 266 M in 2024.
Corby Spirit and has accumulated 140.84 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Corby Spirit has a current ratio of 4.13, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Corby Spirit until it has trouble settling it off, either with new capital or with free cash flow. So, Corby Spirit'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 Corby Spirit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Corby to invest in growth at high rates of return. When we think about Corby Spirit's use of debt, we should always consider it together with cash and equity.

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Corby Spirit and Wine Limited manufactures, markets, and imports spirits and wines. Corby Spirit and Wine Limited is a subsidiary of Hiram Walker Sons Limited. CORBY SPIRIT operates under BeveragesWineries Distilleries classification in Canada and is traded on Toronto Stock Exchange. Corby Spirit and (CSW-A) is traded on Toronto Exchange in Canada and employs 11 people. Corby Spirit is listed under Distillers & Vintners category by Fama And French industry classification.

Management Performance

Corby Spirit Leadership Team

Elected by the shareholders, the Corby Spirit's board of directors comprises two types of representatives: Corby Spirit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corby. The board's role is to monitor Corby Spirit's management team and ensure that shareholders' interests are well served. Corby Spirit'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, Corby Spirit's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Thorne, VP Sales
Ron Hurley, Canada Chain
Douglas Costantini, Regional Ontario
Nicolas Krantz, CEO President
Marc Valencia, Corporate Counsel
Valerie BriveTurtle, Public Communications
Caroline Begley, VicePresident Marketing
Ryan Smith, Vice Sales
Juan Alonso, CFO VP
Vanita Kakkar, Senior Resources
Sayali Deshpande, Head Canada

Corby 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 Corby Spirit 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 Corby Spirit

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

Moving against Corby Stock

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

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