AndreXavier Cooreman - Ackermans Van Member of the Executive Committee

ACKB Stock  EUR 187.90  1.90  1.02%   

Executive

Mr. AndreXavier Cooreman has served as Member of the Executive Committee of Ackermans Van Haaren N.V. since July 1, 2014. He graduated from Katholieke Universiteit Leuven with a bachelor degree in Law, from John Hopkins School for Advanced International Studies with a degree in International Relations, and from Universite Libre de Bruxelles with a degree in Tax Management . He worked for the International Development Law Institute, Shell Group, Fortis Bank, McKinsey C and Bank Degroof . He joined the Company in 1997. since 2014.
Age 59
Tenure 10 years
Phone32 3 231 87 70
Webhttps://www.avh.be

Ackermans Van Management Efficiency

The company has return on total asset (ROA) of 0.0107 % which means that it generated a profit of $0.0107 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1189 %, meaning that it generated $0.1189 on every $100 dollars invested by stockholders. Ackermans Van's management efficiency ratios could be used to measure how well Ackermans Van manages its routine affairs as well as how well it operates its assets and liabilities.
Ackermans Van Haaren has accumulated 1.96 B in total debt with debt to equity ratio (D/E) of 54.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ackermans Van Haaren has a current ratio of 0.59, 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 Ackermans Van until it has trouble settling it off, either with new capital or with free cash flow. So, Ackermans Van'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 Ackermans Van Haaren sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ackermans to invest in growth at high rates of return. When we think about Ackermans Van's use of debt, we should always consider it together with cash and equity.

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Ackermans Van Haaren NV primarily engages in the marine engineering and contracting, private banking, real estate and senior care, and energy and resources businesses worldwide. The company was founded in 1876 and is based in Antwerp, Belgium. Ackermans Van operates under Asset Management classification in Belgium and is traded on Brussels Stock Exchange. It employs 22709 people. Ackermans Van Haaren (ACKB) is traded on Euronext Brussels in Belgium and employs 22,653 people.

Management Performance

Ackermans Van Haaren Leadership Team

Elected by the shareholders, the Ackermans Van's board of directors comprises two types of representatives: Ackermans Van inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ackermans. The board's role is to monitor Ackermans Van's management team and ensure that shareholders' interests are well served. Ackermans Van'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, Ackermans Van's outside directors are responsible for providing unbiased perspectives on the board's policies.
Piet Dejonghe, Member of the Executive Committee
JohnEric Bertrand, Member of the Executive Committee
AndreXavier Cooreman, Member of the Executive Committee
Hilde Haems, Chief Officer
Hari Rajmohan, Investment Mang
Katia Waegemans, Communication Mang
An Herremans, Member Committee
Pieter Bevernage, Legal Gen
Tom Bamelis, CFO, Financial Director and Member of the Executive Committee
Koen Janssen, Member of Executive Committee

Ackermans 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 Ackermans Van 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 Ackermans Van

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 Ackermans Van 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 Ackermans Van will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ackermans Van could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ackermans Van 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 Ackermans Van - 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 Ackermans Van Haaren to buy it.
The correlation of Ackermans Van 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 Ackermans Van moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ackermans Van Haaren 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 Ackermans Van 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 Ackermans Stock Analysis

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