Ross Smith - K Bro Independent Chairman of the Board

KBL Stock  CAD 33.37  0.42  1.27%   

Chairman

Mr. Ross S. Smith, FCA., is an Independent Chairman of the Board of KBro Linen Inc., since January 1, 2011. Mr. Smith is a Fellow of the Institute of Chartered Accountants of British Columbia with extensive experience in accounting and consulting, and has served major public and private companies from an audit and securities perspective. He had a 35year career at KPMG LLP where he held various roles, including Senior Partner for British Columbia, prior to his retirement in 1998. In 2010, Mr. Smith was honoured with a Lifetime Achievement Award from the Institute of Chartered Accountants of British Columbia since 2011.
Age 79
Tenure 14 years
Address 14903-137 Avenue NW, Edmonton, AB, Canada, T5V 1R9
Phone780 453 5218
Webhttps://www.k-brolinen.com
Smith is chair of the boards of Kal Tire Holdings Ltd, and N&T Properties Ltd., a member of the boards of Canfor Corporationrationrationration, and Rotherham Holdings Ltd. He is also a member of the Canadian Advisory Board of Marsh Canada Limited. He is also a former member of the board of HSBC Bank Canada and a former Governor of the University of British Columbia.

K Bro Management Efficiency

The company has return on total asset (ROA) of 0.049 % which means that it generated a profit of $0.049 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0976 %, meaning that it generated $0.0976 on every $100 dollars invested by stockholders. K Bro's management efficiency ratios could be used to measure how well K Bro manages its routine affairs as well as how well it operates its assets and liabilities. At this time, K Bro's Return On Tangible Assets are very stable compared to the past year. As of the 21st of March 2025, Return On Capital Employed is likely to grow to 0.12, while Return On Equity is likely to drop 0.09. At this time, K Bro's Intangibles To Total Assets are very stable compared to the past year. As of the 21st of March 2025, Debt To Assets is likely to grow to 0.32, while Non Current Assets Total are likely to drop about 157.9 M.
K Bro Linen has accumulated 123.55 M in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. K Bro Linen has a current ratio of 1.86, which is within standard range for the sector. Debt can assist K Bro until it has trouble settling it off, either with new capital or with free cash flow. So, K Bro'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 K Bro Linen sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KBL to invest in growth at high rates of return. When we think about K Bro's use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

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K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada. KBRO LINEN operates under Specialty Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 2700 people. K Bro Linen (KBL) is traded on Toronto Exchange in Canada and employs 3,050 people. K Bro is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

K Bro Linen Leadership Team

Elected by the shareholders, the K Bro's board of directors comprises two types of representatives: K Bro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KBL. The board's role is to monitor K Bro's management team and ensure that shareholders' interests are well served. K Bro'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, K Bro's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Stephenson, General Manager, Toronto
Ross Smith, Independent Chairman of the Board
Ryo Utahara, Executive Director
Michael Jones, Managing Director, Fishers
Kristie Plaquin, Chief Financial Officer
Timothy Bruns, President Specialty
Jessica Lvesque, Director Quebec
Sean Curtis, Senior Vice President & General Manager - Edmonton
Linda McCurdy, President, Chief Executive Officer, Director
Matthew Hills, Director
Ronald Graham, General Manager of Vancouver 1 Plant
Steven Matyas, Independent Director
MBA MBA, CEO Pres
Michael Percy, Independent Director
Sean Jackson, Gen Regina
MAAA FCAS, VP Company
Jeffrey Gannon, General Plant
Linda MBA, CEO President

KBL 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 K Bro 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 K Bro

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

Moving together with KBL Stock

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Moving against KBL Stock

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

K Bro financial ratios help investors to determine whether KBL 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 KBL with respect to the benefits of owning K Bro security.