CPA CMA - Canadian Tire CFO VP

CTC-A Stock  CAD 152.94  0.31  0.20%   

Insider

CPA CMA is CFO VP of Canadian Tire
Age 56
Address 2180 Yonge Street, Toronto, ON, Canada, M4P 2V8
Phone416 480 3000
Webhttps://www.corp.canadiantire.ca

Canadian Tire Management Efficiency

The company has return on total asset (ROA) of 0.0372 % which means that it generated a profit of $0.0372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1123 %, meaning that it generated $0.1123 on every $100 dollars invested by stockholders. Canadian Tire's management efficiency ratios could be used to measure how well Canadian Tire manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. At this time, Canadian Tire's Non Current Liabilities Total is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 2.6 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.4 B in 2024.
Canadian Tire has accumulated 8.81 B in total debt with debt to equity ratio (D/E) of 1.86, which is about average as compared to similar companies. Canadian Tire has a current ratio of 1.87, which is within standard range for the sector. Debt can assist Canadian Tire until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Tire'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 Canadian Tire sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Tire's use of debt, we should always consider it together with cash and equity.

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Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada. CANADIAN TIRE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 13303 people. Canadian Tire (CTC-A) is traded on Toronto Exchange in Canada and employs 14,322 people. Canadian Tire is listed under Other Specialty Retail category by Fama And French industry classification.

Management Performance

Canadian Tire Leadership Team

Elected by the shareholders, the Canadian Tire's board of directors comprises two types of representatives: Canadian Tire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Tire's management team and ensure that shareholders' interests are well served. Canadian Tire'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, Canadian Tire's outside directors are responsible for providing unbiased perspectives on the board's policies.
Aayaz Pira, Pres Services
Darryl Jenkins, Chief Officer
CPA CMA, CFO VP
Peter Czank, President Marks
Johnathan Pershing, Ex Officer
Susan OBrien, Executive Officer
Jane Nakamachi, Senior Talent
Karen Keyes, Head Relations
Rex Lee, Chief Officer
Gregory Hicks, President CEO
Stephanie Nadalin, VicePresident Communications
Jane Shaw, VP Communications
Thomas Flood, Executive Retail
John Salt, Senior Chain
Robert Mongeau, VP Estate
James Christie, Executive VicePresident
Bob Hakeem, Executive Officer

Canadian 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 Canadian Tire 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 Canadian Tire

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

Moving against Canadian Stock

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

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