Ben Mullen - Minto Apartment Senior Management

MI-UN Stock  CAD 14.76  0.06  0.41%   

Executive

Ben Mullen is Senior Management of Minto Apartment Real
Address 180 Kent Street, Ottawa, ON, Canada, K1P 0B6
Phone613 230 7051
Webhttps://www.mintoapartmentreit.com

Minto Apartment Management Efficiency

The company has return on total asset (ROA) of 0.0215 % which means that it generated a profit of $0.0215 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0319) %, meaning that it generated substantial loss on money invested by shareholders. Minto Apartment's management efficiency ratios could be used to measure how well Minto Apartment manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.04 in 2024. Return On Capital Employed is likely to drop to 0.01 in 2024. Change To Liabilities is likely to gain to about 4.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 115.6 M in 2024.
Minto Apartment Real has accumulated 930.05 M in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Minto Apartment Real has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Minto Apartment until it has trouble settling it off, either with new capital or with free cash flow. So, Minto Apartment'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 Minto Apartment Real sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minto to invest in growth at high rates of return. When we think about Minto Apartment's use of debt, we should always consider it together with cash and equity.

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Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada. MINTO APARTMENT operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange. Minto Apartment Real (MI-UN) is traded on Toronto Exchange in Canada and employs 179 people. Minto Apartment is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Minto Apartment Real Leadership Team

Elected by the shareholders, the Minto Apartment's board of directors comprises two types of representatives: Minto Apartment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Minto. The board's role is to monitor Minto Apartment's management team and ensure that shareholders' interests are well served. Minto Apartment'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, Minto Apartment's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA CPA, Chief Officer
Roger Greenberg, Executive Chairman
Edward Fu, Chief Officer
Paul CFA, Senior Operations
Jonathan Li, CEO President
Ben Mullen, Senior Management
John Moss, General Secretary
JoAnn TaylorRyan, Chief Officer
FCA FCAS, CEO Trustee
CA BA, Chief Officer
Martin Tovey, Senior Investments

Minto 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 Minto Apartment 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 Minto Apartment

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

Moving together with Minto Stock

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Moving against Minto Stock

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

Additional Tools for Minto Stock Analysis

When running Minto Apartment's price analysis, check to measure Minto Apartment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Minto Apartment is operating at the current time. Most of Minto Apartment's value examination focuses on studying past and present price action to predict the probability of Minto Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minto Apartment's price. Additionally, you may evaluate how the addition of Minto Apartment to your portfolios can decrease your overall portfolio volatility.