Kevin Glass - Spin Master Director

TOY Stock  CAD 32.94  0.08  0.24%   

Insider

Kevin Glass is Director of Spin Master Corp since 2020.
Age 52
Tenure 4 years
Address 225 King Street West, Toronto, ON, Canada, M5V 3M2
Phone800 622 8339
Webhttps://www.spinmaster.com

Spin Master Management Efficiency

The company has return on total asset (ROA) of 0.0459 % which means that it generated a profit of $0.0459 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0217 %, meaning that it generated $0.0217 on every $100 dollars invested by stockholders. Spin Master's management efficiency ratios could be used to measure how well Spin Master manages its routine affairs as well as how well it operates its assets and liabilities. As of the 4th of December 2024, Return On Capital Employed is likely to grow to 0.13, while Return On Tangible Assets are likely to drop 0.1. At this time, Spin Master's Non Currrent Assets Other are very stable compared to the past year. As of the 4th of December 2024, Net Tangible Assets is likely to grow to about 961.5 M, while Total Assets are likely to drop about 1.1 B.
Spin Master Corp has accumulated 62.1 M in total debt with debt to equity ratio (D/E) of 0.53, which is about average as compared to similar companies. Spin Master Corp has a current ratio of 1.41, which is within standard range for the sector. Debt can assist Spin Master until it has trouble settling it off, either with new capital or with free cash flow. So, Spin Master'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 Spin Master Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spin to invest in growth at high rates of return. When we think about Spin Master's use of debt, we should always consider it together with cash and equity.

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Spin Master Corp., a childrens entertainment company, creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally. The company was founded in 1994 and is headquartered in Toronto, Canada. SPIN MASTER operates under Leisure classification in Canada and is traded on Toronto Stock Exchange. Spin Master Corp (TOY) is traded on Toronto Exchange in Canada and employs 3,000 people. Spin Master is listed under Leisure Products category by Fama And French industry classification.

Management Performance

Spin Master Corp Leadership Team

Elected by the shareholders, the Spin Master's board of directors comprises two types of representatives: Spin Master inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spin. The board's role is to monitor Spin Master's management team and ensure that shareholders' interests are well served. Spin Master'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, Spin Master's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Harrs, Executive Vice President and General Counsel, Corporate Secretary
Tara Deakin, Executive Vice President Chief People Officer
Jeffrey Cohen, Non-Executive Director
Jennifer Dodge, Executive Vice President Spin Master Entertainment
Ronnen Harary, Chairman of the Board, Co-Chief Executive Officer
Todd Tappin, Non-Executive Independent Director
Anton Rabie, Chairman of the Board, Co-Chief Executive Officer
Laura Henderson, Executive Vice President - Marketing and Ecommerce
Dina Howell, Non-Executive Independent Director
Mark Segal, Chief Financial Officer, Executive Vice President
Ben Varadi, Director, Executive Vice President and Chief Creative Officer
Sophia Bisoukis, Vice Relations
Reginald Filsaime, Independent Director
Christina Miller, Independent Director
Christopher Beardall, Executive Vice President of Global Sales
Kevin Glass, Director
Jason Wilson, Executive Officer
Max Rangel, CEO President
Adam Beder, Executive Vice President Strategic Partnership and Franchise Development
Paul Blom, Interim Executive Vice President - Global Operations and Technology
Charles Winograd, Non-Executive Independent Director
Tara Tucker, VP Communications

Spin 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 Spin Master 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 Spin Master

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

Moving together with Spin Stock

  0.77AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Spin Master could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spin Master 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 Spin Master - 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 Spin Master Corp to buy it.
The correlation of Spin Master 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 Spin Master moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spin Master 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 Spin Master 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 Spin Stock

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