Martin Brassard - Heroux Devtek President, Chief Executive Officer, Director

HRX Stock  CAD 31.76  0.01  0.03%   

CEO

Mr. Martin Brassard was appointed as President, Chief Executive Officer of the company, Effective June 01, 2019. and is no longer as Chief Operating Officer, Vice President of HerouxDevtek Inc. Effective June 01, 2019. He joined the Corporation in 1994 and was VicePresident, General Manager, Landing Gear since June 2005. He had previously occupied the positions of VicePresident, Control and Information Technology, Project Manager for the implementation of an Enterprise Resource Planning software and Controller since 2019.
Tenure 5 years
Professional MarksCPA
Address West Tower, Longueuil, QC, Canada, J4K 5G4
Phone450 679 5450
Webhttps://www.herouxdevtek.com
Brassard holds a Bachelor of Commerce from Université du Québec in TroisRivières as well as the professional designations of Chartered Professional Accountant and Chartered Accountant .

Heroux Devtek Management Efficiency

The company has return on total asset (ROA) of 0.0481 % which means that it generated a profit of $0.0481 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1118 %, meaning that it generated $0.1118 on every $100 dollars invested by stockholders. Heroux Devtek's management efficiency ratios could be used to measure how well Heroux Devtek manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Heroux Devtek's Non Currrent Assets Other are very stable compared to the past year. As of the 11th of December 2024, Debt To Assets is likely to grow to 0.28, while Total Assets are likely to drop about 518.4 M.
Heroux Devtek has accumulated 218.03 M in total debt with debt to equity ratio (D/E) of 1.0, which is about average as compared to similar companies. Heroux Devtek has a current ratio of 2.25, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Heroux Devtek until it has trouble settling it off, either with new capital or with free cash flow. So, Heroux Devtek'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 Heroux Devtek sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Heroux to invest in growth at high rates of return. When we think about Heroux Devtek's use of debt, we should always consider it together with cash and equity.

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Hroux-Devtek Inc. engages in the design, development, manufacture, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. Hroux-Devtek Inc. was founded in 1942 and is headquartered in Longueuil, Canada. HEROUX DEVTEK operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 1960 people. Heroux Devtek (HRX) is traded on Toronto Exchange in Canada and employs 24 people. Heroux Devtek is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

Heroux Devtek Leadership Team

Elected by the shareholders, the Heroux Devtek's board of directors comprises two types of representatives: Heroux Devtek inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heroux. The board's role is to monitor Heroux Devtek's management team and ensure that shareholders' interests are well served. Heroux Devtek'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, Heroux Devtek's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Stevens, Independent Director
Gatan Roy, Managing Gear
James Morris, Independent Director
JeanLouis Fontaine, Independent Director
FCA FCA, Ex Chairman
Stphane Rainville, Vice Environment
Gilles Labbe, Executive Chairman of the Board
Jack Curley, Vice President and General Manager - Central Region
Paule Dore, Independent Director
Louis Morin, Independent Director
Martin Brassard, President, Chief Executive Officer, Director
Beverly Wyse, Independent Director
FCPA FCA, Executive Board
Gaetan Roy, Managing Director - UK Region
Patrick Gagnon, VP Controller
Nathalie Bourque, Independent Director
Guinn Crousen, President Division
Franois Renaud, Corporate Secretary
Stephane Arsenault, Chief Financial Officer, Vice President
Jean Gravel, VicePresident Management
Real Belanger, Executive Vice President - Business Development and Special Projects
Brian Robbins, Lead Independent Director
Real Raymond, Chairman of the Board
JeanPhilippe Sanche, Vice Affairs

Heroux 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 Heroux Devtek 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.

Other Information on Investing in Heroux Stock

Heroux Devtek financial ratios help investors to determine whether Heroux Stock 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 Heroux with respect to the benefits of owning Heroux Devtek security.