Alan Casnoff - DVL CEO and President and Director

DVLN Stock  USD 4,500  0.00  0.00%   

CEO

Mr. Alan E. Casnoff has served as President of DVL Inc since November 1994, and was appointed as a Director of DVL Inc in November 2001. Mr. Casnoff served as Executive Vice President of the Company from October 1991 to November 1994. Mr. Casnoff has maintained his other business interests during this period and thus has devoted less than full time to the business affairs of DVL. From November 1990 to October 1991, Mr. Casnoff served as a consultant to the Company and from 1977 to October 1991, as secretary of the Company. Since May 1991, Mr. Casnoff has also served as a director of Kenbee Management, Inc., an affiliate of the Company, and as President of Kenbee since November 1994. Since 1977, Mr. Casnoff has also been a partner of PA Associates, a private real estate development firm headquartered in Philadelphia, Pennsylvania. Since 1969, Mr. Casnoff was associated with various Philadelphia, Pennsylvania law firms which have been legal counsel to the Company and Kenbee. Since November, 2004, he was of counsel to Zarwin, Baum, DeVito, Kaplan, Schaer and Toddy, P.C. . Mr. Casnoffs experience, qualifications, attributes and skills noted above led to the conclusion to elect him as a director of the Company. since 2001.
Age 79
Tenure 24 years
Phone212 350 9900
Webhttps://www.dvlninc.com
Casnoff has maintained his other business interests during this period and thus has devoted less than full time to the business affairs of DVL. From November 1990 to October 1991, Mr. Casnoff served as a consultant to the Company and from 1977 to October 1991, as secretary of the Company. Since May 1991, Mr. Casnoff has also served as a director of Kenbee Management, Inc., an affiliate of the Company, and as President of Kenbee since November 1994. Since 1977, Mr. Casnoff has also been a partner of P&A Associates, a private real estate development firm headquartered in Philadelphia, Pennsylvania. Since 1969, Mr. Casnoff was associated with various Philadelphia, Pennsylvania law firms which have been legal counsel to the Company and Kenbee. Since November, 2004, he was of counsel to Zarwin, Baum, Devito .

DVL Management Efficiency

The company has return on total asset (ROA) of 0.2216 % which means that it generated a profit of $0.2216 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2831 %, meaning that it created $0.2831 on every $100 dollars invested by stockholders. DVL's management efficiency ratios could be used to measure how well DVL manages its routine affairs as well as how well it operates its assets and liabilities.
DVL Inc currently holds 36.53 M in liabilities with Debt to Equity (D/E) ratio of 1.36, which is about average as compared to similar companies. DVL Inc has a current ratio of 15.3, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist DVL until it has trouble settling it off, either with new capital or with free cash flow. So, DVL'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 DVL Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DVL to invest in growth at high rates of return. When we think about DVL's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 4 records

CEO Age

Ok KimFranklin Wireless Corp
60
Robert MehmelGriffon
63
Gregory VolovicHurco Companies
60
Surendralal KarsanbhaiEmerson Electric
54
DVL, Inc., together with its subsidiaries, operates as a commercial finance company in the United States. The company was incorporated in 1977 and is based in New York, New York. Dvl operates under Mortgage Finance classification in the United States and is traded on OTC Exchange. DVL Inc [DVLN] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

DVL Inc Leadership Team

Elected by the shareholders, the DVL's board of directors comprises two types of representatives: DVL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DVL. The board's role is to monitor DVL's management team and ensure that shareholders' interests are well served. DVL'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, DVL's outside directors are responsible for providing unbiased perspectives on the board's policies.
Keith Stein, Director of Special Purpose
Henry Swain, Executive VP
Alan Casnoff, CEO and President and Director
Charles Carames, Vice President Secretary

DVL Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is DVL 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 DVL

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 DVL 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 DVL will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to DVL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DVL 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 DVL - 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 DVL Inc to buy it.
The correlation of DVL 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 DVL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DVL Inc 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 DVL 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

Other Information on Investing in DVL Pink Sheet

DVL financial ratios help investors to determine whether DVL Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DVL with respect to the benefits of owning DVL security.