Michael Zakuta - Plaza Retail CEO and President and Trustee

PAZRF Stock  USD 2.45  0.01  0.41%   

CEO

Mr. Michael A. Zakuta serves as President, Chief Executive Officer, Director of Plazacorp Retail Properties Ltd. He is President CEO of Plaza and Plaza Group Management Limited and was also President CEO of Plazacorp. He is also a principal and President of TC Land REIT. Mr. Zakuta entered the real estate development business on a full time basis after obtaining his law degree from the University of Montreal and a business degree from McGill University. Mr. Zakuta is a cofounder of the Plaza Group and was involved in every aspect of shopping centre development, acquisitions and management in Quebec and Atlantic Canada since 1986. since 2005.
Age 63
Tenure 20 years
Phone506-451-1826
Webhttps://www.plaza.ca

Plaza Retail Management Efficiency

The company has return on total asset (ROA) of 0.0351 % which means that it generated a profit of $0.0351 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1647 %, meaning that it generated $0.1647 on every $100 dollars invested by stockholders. Plaza Retail's management efficiency ratios could be used to measure how well Plaza Retail manages its routine affairs as well as how well it operates its assets and liabilities.
Plaza Retail REIT has accumulated 493.31 M in total debt with debt to equity ratio (D/E) of 1.35, which is about average as compared to similar companies. Plaza Retail REIT has a current ratio of 0.17, 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 Plaza Retail until it has trouble settling it off, either with new capital or with free cash flow. So, Plaza Retail'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 Plaza Retail REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Plaza to invest in growth at high rates of return. When we think about Plaza Retail's use of debt, we should always consider it together with cash and equity.

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Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plazas portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants. Plaza Retail operates under REITRetail classification in the United States and is traded on OTC Exchange. Plaza Retail REIT [PAZRF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Plaza Retail REIT Leadership Team

Elected by the shareholders, the Plaza Retail's board of directors comprises two types of representatives: Plaza Retail inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Plaza. The board's role is to monitor Plaza Retail's management team and ensure that shareholders' interests are well served. Plaza Retail'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, Plaza Retail's outside directors are responsible for providing unbiased perspectives on the board's policies.
LLB BA, G Sec
Michael Zakuta, CEO and President and Trustee
Stephen Penney, Ex VP
Patricia Elias, VicePres Accounting
Patricia Borrelli, VicePres Legal
Kim Sharpe, Director of Bus. Devel.
Peter Mackenzie, Executive Vice President Chief Investment Officer
CGA CPA, Chief Officer
Myles Martin, VP

Plaza Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Plaza Retail 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Plaza Pink Sheet

Plaza Retail financial ratios help investors to determine whether Plaza Pink Sheet 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 Plaza with respect to the benefits of owning Plaza Retail security.