JeanFranois Reid - TVA Vice Resources

TVA-B Stock  CAD 1.00  0.13  11.50%   

Executive

JeanFranois Reid is Vice Resources of TVA Group
Address 1600 de Maisonneuve Boulevard East, Montreal, QC, Canada
Phone514 380 1999
Webhttps://www.groupetva.ca

TVA Management Efficiency

The company has return on total asset (ROA) of (0.0101) % which means that it has lost $0.0101 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0968) %, meaning that it generated substantial loss on money invested by shareholders. TVA's management efficiency ratios could be used to measure how well TVA manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.08 in 2024. Return On Capital Employed is likely to gain to -0.07 in 2024. Total Current Liabilities is likely to gain to about 205.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 609.3 M in 2024.
TVA Group has accumulated 91.71 M in total debt with debt to equity ratio (D/E) of 32.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TVA Group has a current ratio of 0.88, 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 TVA until it has trouble settling it off, either with new capital or with free cash flow. So, TVA'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 TVA Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TVA to invest in growth at high rates of return. When we think about TVA's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Bryan BaileyFairfax Financial Holdings
N/A
Khaled HasanFairfax Financial Holdings
71
Paul AdamsonFairfax Financial Holdings
56
John CPAFairfax Financial Holdings
67
Paul AdamsonFairfax Financial Holdings
56
Bryan BaileyFairfax Financial Holdings
N/A
John CPAFairfax Financial Holdings
67
Paul CFAE L Financial Corp
N/A
Khaled HasanFairfax Financial Holdings
71
Bryan BaileyFairfax Financial Holdings
N/A
John CPAFairfax Financial Holdings
67
Vinodh LoganadhanFairfax Financial Holdings
N/A
Paul AdamsonFairfax Financial Holdings
56
Vinodh LoganadhanFairfax Financial Holdings
N/A
Vinodh LoganadhanFairfax Financial Holdings
N/A
Khaled HasanFairfax Financial Holdings
71
It operates through three segments Broadcasting Production Magazines and Film Production Audiovisual Services. TVA Group Inc. was founded in 1960 and is headquartered in Montreal, Canada. TVA GROUP operates under Broadcasting - TV classification in Canada and is traded on Toronto Stock Exchange. It employs 1342 people. TVA Group (TVA-B) is traded on Toronto Exchange in Canada and employs 13 people. TVA is listed under Broadcasting category by Fama And French industry classification.

Management Performance

TVA Group Leadership Team

Elected by the shareholders, the TVA's board of directors comprises two types of representatives: TVA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TVA. The board's role is to monitor TVA's management team and ensure that shareholders' interests are well served. TVA'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, TVA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sophie Riendeau, Corporate Secretary
Vronique Mercier, Vice Communications
Martin Picard, VP Content
Denis Rozon, Operations Productions
Marjorie Daoust, Vice Finance
Denis CPA, Operations Productions
Claude Foisy, Vice Marketing
Maggie Hache, Director Operations
Patrick Jutras, Sr Revenue
Martin Carrier, Pres MELS
Marc Tremblay, Chief Officer
JeanFranois Reid, Vice Resources
Pierre Peladeau, Interim CEO

TVA 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 TVA 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 TVA

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

Moving together with TVA Stock

  0.79THRM Therma BrightPairCorr
  0.74XIM Ximen Mining CorpPairCorr

Moving against TVA Stock

  0.89Y Yellow Pages LimitedPairCorr
  0.85VLE Valeura EnergyPairCorr
  0.84FFH-PH Fairfax FinancialPairCorr
  0.83ENS-PA E Split CorpPairCorr
  0.81PRU Perseus MiningPairCorr
The ability to find closely correlated positions to TVA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TVA 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 TVA - 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 TVA Group to buy it.
The correlation of TVA 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 TVA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TVA Group 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 TVA 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 TVA Stock Analysis

When running TVA's price analysis, check to measure TVA'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 TVA is operating at the current time. Most of TVA's value examination focuses on studying past and present price action to predict the probability of TVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TVA's price. Additionally, you may evaluate how the addition of TVA to your portfolios can decrease your overall portfolio volatility.