Braden Fenske - Medipharm Labs Chief Strategy Officer

LABS Stock  CAD 0.07  0.01  7.14%   

Insider

Braden Fenske is Chief Strategy Officer of Medipharm Labs Corp since 2019.
Tenure 5 years
Address 151 John Street, Barrie, ON, Canada, L4N 2L1
Phone705 719 7425
Webhttps://www.medipharmlabs.com

Medipharm Labs Management Efficiency

The company has return on total asset (ROA) of (0.0717) % which means that it has lost $0.0717 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2496) %, meaning that it generated substantial loss on money invested by shareholders. Medipharm Labs' management efficiency ratios could be used to measure how well Medipharm Labs manages its routine affairs as well as how well it operates its assets and liabilities. As of the 14th of December 2024, Return On Tangible Assets is likely to drop to -0.22. In addition to that, Return On Capital Employed is likely to drop to -0.36. At this time, Medipharm Labs' Fixed Asset Turnover is very stable compared to the past year.
Medipharm Labs Corp has accumulated 2.29 M in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Medipharm Labs Corp has a current ratio of 3.13, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Medipharm Labs until it has trouble settling it off, either with new capital or with free cash flow. So, Medipharm Labs' 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 Medipharm Labs Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Medipharm to invest in growth at high rates of return. When we think about Medipharm Labs' use of debt, we should always consider it together with cash and equity.

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MediPharm Labs Corp., together with its subsidiaries, produces and sells pharmaceutical-grade cannabis oil and concentrates for derivative products in Canada and Australia. The company was founded in 2015 and is headquartered in Barrie, Canada. MEDIPHARM LABS operates under Drug ManufacturersSpecialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 230 people. Medipharm Labs Corp (LABS) is traded on Toronto Exchange in Canada and employs 166 people. Medipharm Labs is listed under Pharmaceuticals category by Fama And French industry classification.

Management Performance

Medipharm Labs Corp Leadership Team

Elected by the shareholders, the Medipharm Labs' board of directors comprises two types of representatives: Medipharm Labs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Medipharm. The board's role is to monitor Medipharm Labs' management team and ensure that shareholders' interests are well served. Medipharm Labs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Medipharm Labs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Shelley Martin, Independent Director
Saravan Subramaniam, Vice Chain
Nigel Dewsbury, Head Quality
Geoffrey Marr, Executive Counsel
Brett Moon, Vice Sales
Kirk Binns, Executive Accounts
Sybil Taylor, Chief Marketing Officer
Robert Kwon, Chief Financial Officer
Paul Tam, Director
Chris Halyk, Independent Director
Miriam McDonald, Director
David Pidduck, CEO Director
Keith Strachan, President Director
Greg Hunter, Chief Officer
Warren Everitt, Managing Director - MediPharm Labs Australia
Chris Taves, Director
Patrick McCutcheon, Chairman of the Board, Chief Executive Officer and Director
David Mayers, Chief Operating Officer
Christopher Hobbs, Director
Braden Fenske, Chief Strategy Officer
Marufur Raza, Director

Medipharm 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 Medipharm Labs 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 Medipharm Labs

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

Medipharm Labs financial ratios help investors to determine whether Medipharm 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 Medipharm with respect to the benefits of owning Medipharm Labs security.