Blake Amundson - Ceres Global VP CFO

CRP Stock  CAD 3.00  0.01  0.33%   

Insider

Blake Amundson is VP CFO of Ceres Global Ag
Address 701 Xenia Avenue S.,, Golden Valley, MN, United States, 55416
Phone952 746 6800
Webhttps://ceresglobalagcorp.com

Ceres Global Management Efficiency

The company has return on total asset (ROA) of 0.0399 % which means that it generated a profit of $0.0399 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0638 %, meaning that it generated $0.0638 on every $100 dollars invested by stockholders. Ceres Global's management efficiency ratios could be used to measure how well Ceres Global manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of December 2024, Return On Tangible Assets is likely to drop to -0.04. In addition to that, Return On Capital Employed is likely to drop to -0.06. At this time, Ceres Global's Total Current Assets are very stable compared to the past year. As of the 21st of December 2024, Debt To Assets is likely to grow to 0.31, while Total Assets are likely to drop about 259.2 M.
Ceres Global Ag has accumulated 58.1 M in total debt with debt to equity ratio (D/E) of 50.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ceres Global Ag has a current ratio of 1.47, which is within standard range for the sector. Debt can assist Ceres Global until it has trouble settling it off, either with new capital or with free cash flow. So, Ceres Global'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 Ceres Global Ag sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ceres to invest in growth at high rates of return. When we think about Ceres Global's use of debt, we should always consider it together with cash and equity.

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Ceres Global Ag Corp. procures and provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics services. Ceres Global Ag Corp. was incorporated in 2007 and is headquartered in St. CERES GLOBAL operates under Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 122 people. Ceres Global Ag (CRP) is traded on Toronto Exchange in Canada and employs 11 people. Ceres Global is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification.

Management Performance

Ceres Global Ag Leadership Team

Elected by the shareholders, the Ceres Global's board of directors comprises two types of representatives: Ceres Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ceres. The board's role is to monitor Ceres Global's management team and ensure that shareholders' interests are well served. Ceres Global'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, Ceres Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Mowbray, VP Operations
Patrick Gathman, VP Operations
Glen Goldman, Vice President General Counsel, Corporate Secretary
Mark Kucala, CFO and Vice-Pres
Dale Heide, Managing Director
Blake Amundson, VP CFO
Dustin Clevenger, Vice Development
Holly Dammer, Vice Administration
Jennifer Henderson, General VP
Carlos Paz, President CEO
Jeffery Wildeman, Managing Director

Ceres 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 Ceres Global 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 Ceres Global

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

Moving against Ceres Stock

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

Ceres Global financial ratios help investors to determine whether Ceres 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 Ceres with respect to the benefits of owning Ceres Global security.