James Bishop - High Liner General VP

HLF Stock  CAD 15.43  0.10  0.65%   

VP

James Bishop is General VP of High Liner Foods
Address 100 Battery Point, Lunenburg, NS, Canada, B0J 2C0
Phone902 634 8811
Webhttps://www.highlinerfoods.com

High Liner Management Efficiency

The company has return on total asset (ROA) of 0.054 % which means that it generated a profit of $0.054 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1526 %, meaning that it generated $0.1526 on every $100 dollars invested by stockholders. High Liner's management efficiency ratios could be used to measure how well High Liner manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.11. At this time, High Liner's Asset Turnover is very stable compared to the past year.
High Liner Foods has accumulated 253.56 M in total debt with debt to equity ratio (D/E) of 1.19, which is about average as compared to similar companies. High Liner Foods has a current ratio of 2.42, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist High Liner until it has trouble settling it off, either with new capital or with free cash flow. So, High Liner'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 High Liner Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for High to invest in growth at high rates of return. When we think about High Liner's use of debt, we should always consider it together with cash and equity.
High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in the United States and Canada. High Liner Foods Incorporated was founded in 1899 and is headquartered in Lunenburg, Canada. HIGH LINER operates under Packaged Foods classification in Canada and is traded on Toronto Stock Exchange. It employs 1200 people. High Liner Foods (HLF) is traded on Toronto Exchange in Canada and employs 1,202 people. High Liner is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

High Liner Foods Leadership Team

Elected by the shareholders, the High Liner's board of directors comprises two types of representatives: High Liner inside directors who are chosen from within the company, and outside directors, selected externally and held independent of High. The board's role is to monitor High Liner's management team and ensure that shareholders' interests are well served. High Liner'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, High Liner's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Covelluzzi, Non-Independent Director
Deepak Bhandari, Interim Officer
Joan Chow, Director
FCA FCA, Ex CFO
Rodney Hepponstall, President, Chief Executive Officer, Director
FCA FCPA, President CEO
Andy Tanner, Director Treasurer
James Bishop, General VP
John Kramer, Director Planning
Tom Jansen, Chief Officer
J MacQuarrie, Independent Director
Chris Mulder, Senior Vice President- North American Sales
Jillian Hennigar, Independent Director
Anthony Rasetta, Chief Officer
Robert Dexter, Independent Director
Frank Schaayk, Director
Brian Wynn, President- Rubicon Resources
Johanne McNallyMyers, Vice President - Human Resource
Mario Marino, President and Chief Operating Officer - Canadian Operations
Peter Brown, President and Chief Operating Officer – U.S. Operations
David Hennigar, Independent Chairman of the Board
W Dimento, Vice Affairs
M Mahody, Independent Director
Timothy Rorabeck, VP of Corporate Affairs, General Counsel and Secretary
Matthew Hennigar, Independent Director
R Miller, Independent Director
Robert Pace, Chairman of the Board
Joanne Brown, Executive Vice President - Human Resources
Craig Murray, Senior Vice President - Marketing and Innovations
Paul Snow, Executive Vice President - Global Procurement, Pleasantville, Nova Scotia, Canada
Paul Jewer, Chief Financial Officer, Executive Vice President
Alan Bell, Independent Director
Shelly Jamieson, Independent Director

High 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 High Liner 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 High Liner

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

Moving against High Stock

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

High Liner financial ratios help investors to determine whether High 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 High with respect to the benefits of owning High Liner security.