Terry Reidel - Linamar Independent Director

LNR Stock  CAD 61.47  0.73  1.20%   

Director

Mr. Terry J. Reidel is Independent Director of Linamar Corporationration Mr. Reidel has extensive financial experience. He was President and Chief Operating Officer of Kuntz Electroplating Inc., a Kitchener Waterloo company founded in 1948. Mr. Reidel joined Kuntz in March of 2001 as Vice President finance. Prior to joining Kuntz, Mr. Reidel spent years with the accounting firm of Ernst Young and was Office Managing Partner of their Waterloo Region Office. Ernst Young is an international professional service firm offering services to all industry sections in the areas of accounting, auditing, advisory, tax and corporate finance. Mr. Reidel earned his CA designation from Queens University in 1967and was elected a fellow in 2003.Mr. Reidel retired from Kuntz during 2008. Kuntz does not currently supply services to Linamar and has not done so in the past three years. Mr. Reidel was a Director of Linamar Corporation since 2003 and was the Chair of the Human Resources and Corporationrationrate Governance Committee and a member of the Audit Committee since 2003. Mr. Reidel is also a director on several public boards. since 2003.
Age 74
Tenure 21 years
Address 287 Speedvale Avenue West, Guelph, ON, Canada, N1H 1C5
Phone519 836 7550
Webhttps://www.linamar.com

Linamar Management Efficiency

The company has return on total asset (ROA) of 0.0569 % which means that it generated a profit of $0.0569 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1088 %, meaning that it generated $0.1088 on every $100 dollars invested by stockholders. Linamar's management efficiency ratios could be used to measure how well Linamar manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.18. At this time, Linamar's Intangibles To Total Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Assets is likely to grow to 0.08, while Non Currrent Assets Other are likely to drop about 42 M.
Linamar has accumulated 1.77 B in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. Linamar has a current ratio of 1.25, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Linamar until it has trouble settling it off, either with new capital or with free cash flow. So, Linamar'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 Linamar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Linamar to invest in growth at high rates of return. When we think about Linamar's use of debt, we should always consider it together with cash and equity.

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Linamar Corporation together with its subsidiaries design, develop, and produce engineered products in Canada, Rest of North America, the Asia Pacific, and Europe. Linamar Corporation was founded in 1966 and is headquartered in Guelph, Canada. LINAMAR CORP operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 26000 people. Linamar (LNR) is traded on Toronto Exchange in Canada and employs 33,000 people. Linamar is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Linamar Leadership Team

Elected by the shareholders, the Linamar's board of directors comprises two types of representatives: Linamar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Linamar. The board's role is to monitor Linamar's management team and ensure that shareholders' interests are well served. Linamar'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, Linamar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kurt Buehler, Group MacDon
Sean Congdon, Group Americas
Kenneth McDougall, Group President - Linamar Machining and Assembly, Americas
Dale Schneider, Chief Financial Officer
Chris Merchant, Global Fin
Salvatore Cocca, Group Europe
Dennis Grimm, Independent Director
Wenzhang Huang, Group President - Linamar Machining and Assembly, Asia and Pacific Group
Linda Hasenfratz, Chief Executive Officer, Director
Roxanne Rose, Executive Resources
William Harrison, Independent Director
Jim Jarrell, President, Chief Operating Officer
Elliot Burger, Corporate Counsel
Mark Stoddart, Executive Vice President - Marketing and Sales, Chief Technology Officer, Director
Frank Hasenfratz, Executive Chairman of the Board
Terry Reidel, Independent Director
Dale CMA, Chief Officer
Roger Fulton, Executive Vice President - Human Resources, General Counsel, Corporate Secretary

Linamar 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 Linamar 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 Linamar

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

Moving against Linamar Stock

  0.31FFH Fairfax FinancialPairCorr
  0.31FFH-PC Fairfax Fin HldPairCorr
The ability to find closely correlated positions to Linamar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linamar 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 Linamar - 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 Linamar to buy it.
The correlation of Linamar 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 Linamar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linamar 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 Linamar 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 Linamar Stock

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