| TNT-UN Stock | | | CAD 10.73 0.18 1.71% |
CFO
Martin Liddell is CFO Trustee of True North Commercial
| Age | 54 |
| Address | 3280 Bloor Street West, Toronto, ON, Canada, M8X 2X3 |
| Phone | 416 234 8444 |
| Web | https://www.truenorthreit.com |
True North Management Efficiency
The company has return on total asset
(ROA) of
0.0293 % which means that it generated a profit of $0.0293 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.0482) %, meaning that it generated substantial loss on money invested by shareholders. True North's management efficiency ratios could be used to measure how well True North manages its routine affairs as well as how well it operates its assets and liabilities. As of March 24, 2025,
Return On Tangible Assets is expected to decline to -0.02. In addition to that,
Return On Capital Employed is expected to decline to 0.03. At present, True North's
Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's
Other Current Assets is expected to grow to about 6.1
M, whereas
Total Assets are forecasted to decline to about 943.6
M.
True North Commercial has accumulated 299.58
M in total debt with debt to equity ratio
(D/E) of 162.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. True North Commercial has a current ratio of 0.06, 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 True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North'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 True North Commercial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity.
Similar Executives
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist. TRUE NORTH operates under REIT - Diversified classification in Canada and is traded on Toronto Stock Exchange. True North Commercial (TNT-UN) is traded on Toronto Exchange in Canada and employs 2 people. True North is listed under Diversified REITs category by Fama And French industry classification.
Management Performance
True North Commercial Leadership Team
Elected by the shareholders, the True North's board of directors comprises two types of representatives: True North inside directors who are chosen from within the company, and outside directors, selected externally and held independent of True. The board's role is to monitor True North's management team and ensure that shareholders' interests are well served. True North'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, True North's outside directors are responsible for providing unbiased perspectives on the board's policies.
True 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 True North 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.
Other Information on Investing in True Stock
True North financial ratios help investors to determine whether True 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 True with respect to the benefits of owning True North security.