Laura Cillis - Western Forest Independent Director

WEF Stock  CAD 0.45  0.02  4.26%   

Director

Ms. Laura A. Cillis is Director of the company. Ms. Cillis serves on the boards of Crescent Point Energy Corporationration and Solium Capital Inc. and previously served as a director of Enbridge Income Fund Holdings Inc. She held the role of Senior Vice President, Finance and Chief Financial Officer of Calfrac Well Services Ltd. from 2008 until 2013, and was Chief Financial Officer of Canadian Energy Services L.P. from 2006 to 2008 since 2019.
Age 60
Tenure 5 years
Address Royal Centre Building, Vancouver, BC, Canada, V6E 3P3
Phone604 648 4500
Webhttps://www.westernforest.com
Cillis is a Chartered Professional Accountant, is a designated member of the Institute of Corporationrationrationrate Directors and holds a Bachelor of Commerce degree from the University of Alberta.

Western Forest Management Efficiency

The company has return on total asset (ROA) of (0.0428) % which means that it has lost $0.0428 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0829) %, meaning that it generated substantial loss on money invested by shareholders. Western Forest's management efficiency ratios could be used to measure how well Western Forest manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to -0.08. In addition to that, Return On Capital Employed is likely to grow to -0.1. At this time, Western Forest's Other Current Assets are very stable compared to the past year. As of the 30th of November 2024, Intangibles To Total Assets is likely to grow to 0.17, while Total Assets are likely to drop about 829.1 M.
Western Forest Products has accumulated 104.6 M in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Western Forest Products has a current ratio of 2.1, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Western Forest until it has trouble settling it off, either with new capital or with free cash flow. So, Western Forest'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 Western Forest Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Forest's use of debt, we should always consider it together with cash and equity.

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Western Forest Products Inc. operates as an integrated forest products company. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. WESTERN FOREST operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 2210 people. Western Forest Products (WEF) is traded on Toronto Exchange in Canada and employs 22 people. Western Forest is listed under Paper & Forest Products category by Fama And French industry classification.

Management Performance

Western Forest Products Leadership Team

Elected by the shareholders, the Western Forest's board of directors comprises two types of representatives: Western Forest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Forest's management team and ensure that shareholders' interests are well served. Western Forest'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, Western Forest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Foster, Vice President of Human Resources
Alyce JD, General VP
Stephen Williams, Chief Financial Officer, Executive Vice President
James Arthurs, Independent Director
Jane Bird, Independent Director
Lee Doney, Non-Executive Chairman of the Board
Cheri Phyfer, Independent Director
Shannon Janzen, Vice President and Chief Forester
Daniel NOCENTE, Independent Director
Dallyn Willis, Vice President - Finance
Steven Hofer, CEO President
Babita Khunkhun, Director Communications
Donald Holmes, Vice President - Timberlands
Laura Cillis, Independent Director
Glen Nontell, Vice Development
Michael Waites, Chairman of the Board and Independent Lead Director
Donald McGregor, Vice President - Wholesale Lumber
Bruce Alexander, Senior Vice President of Sales, Marketing and Manufacturing
Donald Demens, CEO and President and Non Independent Director
Robert Regner, Vice President - Timberlands
Morris Mandziuk, Treasurer
Alyce Harper, Vice President, General Counsel, Corporate Secretary

Western 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 Western Forest 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 Western Forest

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

Moving together with Western Stock

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Moving against Western Stock

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  0.33JPM JPMorgan ChasePairCorr
The ability to find closely correlated positions to Western Forest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Forest 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 Western Forest - 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 Western Forest Products to buy it.
The correlation of Western Forest 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 Western Forest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Forest Products 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 Western Forest 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 Western Stock

Western Forest financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Forest security.