Nicole Forsythe - Melcor Developments Director Communication

MRD Stock  CAD 13.06  0.04  0.31%   

Insider

Nicole Forsythe is Director Communication of Melcor Developments
Address 10310 Jasper Avenue NW, Edmonton, AB, Canada, T5J 1Y8
Phone780-423-6931
Webhttps://www.melcor.ca

Melcor Developments Management Efficiency

The company has return on total asset (ROA) of 0.0328 % which means that it generated a profit of $0.0328 on every $100 spent on assets. This is way below average. Melcor Developments' management efficiency ratios could be used to measure how well Melcor Developments manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Melcor Developments' Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.1, while Return On Equity is likely to drop 0.05. At this time, Melcor Developments' Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 56.1 M, while Total Assets are likely to drop about 1.1 B.
Melcor Developments has accumulated 670.17 M in total debt with debt to equity ratio (D/E) of 0.66, which is about average as compared to similar companies. Melcor Developments has a current ratio of 6.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Melcor Developments until it has trouble settling it off, either with new capital or with free cash flow. So, Melcor Developments' 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 Melcor Developments sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Melcor to invest in growth at high rates of return. When we think about Melcor Developments' use of debt, we should always consider it together with cash and equity.

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Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company was founded in 1923 and is headquartered in Edmonton, Canada. MELCOR DEV operates under Real EstateDevelopment classification in Canada and is traded on Toronto Stock Exchange. It employs 144 people. Melcor Developments (MRD) is traded on Toronto Exchange in Canada and employs 124 people. Melcor Developments is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Melcor Developments Leadership Team

Elected by the shareholders, the Melcor Developments' board of directors comprises two types of representatives: Melcor Developments inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Melcor. The board's role is to monitor Melcor Developments' management team and ensure that shareholders' interests are well served. Melcor Developments' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Melcor Developments' outside directors are responsible for providing unbiased perspectives on the board's policies.
Nicole Forsythe, Director Communication
Naomi Stefura, Chief Financial Officer and Corporate Secretary
Guy Pelletier, VicePres Region
Catherine Roozen, Independent Director
Allan Scott, Lead Independent Director
Andrew Melton, Vice Chairman of the Board
Darin Rayburn, Executive VP of Investment Properties Division
CA CA, CFO VP
Jarett Thompson, VicePresident Sales
Leah Margiotta, VicePresident Development
Susan Monson, Vice President - Community Development, Edmonton
Timothy Melton, Chairman of the Board
Susan Keating, Community VicePres
Kathleen Melton, Director
Gordon Clanachan, Independent Director
Naomi CA, CFO COO
Brett Halford, VicePresident Properties
Ralph Young, Independent Director
Eric Newell, Independent Director
Robyn Salik, Vice Services
Ross Grieve, Independent Director
Ryan Mott, Regional USA

Melcor 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 Melcor Developments 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 Melcor Developments

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 Melcor Developments 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 Melcor Developments will appreciate offsetting losses from the drop in the long position's value.

Moving together with Melcor Stock

  0.7NVDA NVIDIA CDRPairCorr
  0.89META Meta Platforms CDRPairCorr
The ability to find closely correlated positions to Melcor Developments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melcor Developments 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 Melcor Developments - 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 Melcor Developments to buy it.
The correlation of Melcor Developments 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 Melcor Developments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melcor Developments 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 Melcor Developments 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 Melcor Stock

Melcor Developments financial ratios help investors to determine whether Melcor 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 Melcor with respect to the benefits of owning Melcor Developments security.