Richard McHardy - Spartan Delta Ex Chairman

SDE Stock   3.54  0.01  0.28%   

Insider

Richard McHardy is Ex Chairman of Spartan Delta Corp
Age 55
Address Jamieson Place, Calgary, AB, Canada, T2P 0H7
Phone403 265 8011
Webhttps://www.spartandeltacorp.com

Spartan Delta Management Efficiency

The company has return on total asset (ROA) of 0.0451 % which means that it generated a profit of $0.0451 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3569 %, meaning that it generated $0.3569 on every $100 dollars invested by stockholders. Spartan Delta's management efficiency ratios could be used to measure how well Spartan Delta manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Tangible Assets is likely to grow to 0.85. Also, Return On Capital Employed is likely to grow to 0.57. At this time, Spartan Delta's Other Assets are very stable compared to the past year. As of the 2nd of December 2024, Return On Tangible Assets is likely to grow to 0.85, while Debt To Assets are likely to drop 0.05.
Spartan Delta Corp has accumulated 79.71 M in total debt. Debt can assist Spartan Delta until it has trouble settling it off, either with new capital or with free cash flow. So, Spartan Delta'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 Spartan Delta Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spartan to invest in growth at high rates of return. When we think about Spartan Delta's use of debt, we should always consider it together with cash and equity.

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Spartan Delta Corp (SDE) is traded on Toronto Exchange in Canada and employs 13 people. Spartan Delta is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Spartan Delta Corp Leadership Team

Elected by the shareholders, the Spartan Delta's board of directors comprises two types of representatives: Spartan Delta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spartan. The board's role is to monitor Spartan Delta's management team and ensure that shareholders' interests are well served. Spartan Delta'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, Spartan Delta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin Malek, Vice Development
Randy Berg, Vice Relations
Craig Martin, VP Operations
Richard McHardy, Ex Chairman
Brendan Paton, Engineering Mang
Sanjib LLB, Corporate Secretary
Mark Hodgson, VP Devel
Ashley Hohm, VP Controller
OJay Platt, Vice Production
Geraldine CFA, Chief Officer
Ronald CA, VP CFO
Fotis PGeoph, CEO President
Thanos Natras, Vice Exploration

Spartan 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 Spartan Delta 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 Spartan Delta

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

Moving against Spartan Stock

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  0.5ENS-PA E Split CorpPairCorr
  0.34ENB-PFU Enbridge Pref LPairCorr
The ability to find closely correlated positions to Spartan Delta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spartan Delta 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 Spartan Delta - 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 Spartan Delta Corp to buy it.
The correlation of Spartan Delta 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 Spartan Delta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spartan Delta 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 Spartan Delta 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 Spartan Stock

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