FSA FCIA - E L VP CFO

ELF Stock  CAD 1,388  11.99  0.86%   

Insider

FSA FCIA is VP CFO of E L Financial Corp
Address 165 University Avenue, Toronto, ON, Canada, M5H 3B8
Phone416 947 2578
Webhttps://www.e-lfinancial.ca

E L Management Efficiency

The company has return on total asset (ROA) of 0.0597 % which means that it generated a profit of $0.0597 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2337 %, meaning that it generated $0.2337 on every $100 dollars invested by stockholders. E L's management efficiency ratios could be used to measure how well E L manages its routine affairs as well as how well it operates its assets and liabilities. At this time, E L's Return On Tangible Assets are very stable compared to the past year. As of the 18th of December 2024, Return On Capital Employed is likely to grow to 0.11, while Return On Equity is likely to drop 0.09. At this time, E L's Return On Assets are very stable compared to the past year.
E L Financial Corp has accumulated 733.37 M in total debt with debt to equity ratio (D/E) of 7.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. E L Financial has a current ratio of 0.48, 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 E L until it has trouble settling it off, either with new capital or with free cash flow. So, E L'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 E L Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ELF to invest in growth at high rates of return. When we think about E L's use of debt, we should always consider it together with cash and equity.

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E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. The company was incorporated in 1968 and is headquartered in Toronto, Canada. E L operates under Insurance - Property Casualty classification in Canada and is traded on Toronto Stock Exchange. E L Financial Corp (ELF) is traded on Toronto Exchange in Canada and employs 9 people. E L is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

E L Financial Leadership Team

Elected by the shareholders, the E L's board of directors comprises two types of representatives: E L inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ELF. The board's role is to monitor E L's management team and ensure that shareholders' interests are well served. E L'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, E L's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Sylvia, CEO Company
Steven Whitelaw, Sr Dominion
Paul CFA, Senior Inc
Duncan Jackman, Chairman, CEO and Pres
Susan Clifford, Treasurer
FSA FCIA, VP CFO
Richard Carty, General VP
Nora Hohman, VicePres Dominion
Fahad Khan, VicePres Investments

ELF 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 E L 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 E L

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

Moving against ELF Stock

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

E L financial ratios help investors to determine whether ELF 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 ELF with respect to the benefits of owning E L security.