Riva Richard - Pollard Banknote EVP

PBL Stock  CAD 25.66  0.26  1.02%   

EVP

Ms. Riva Richard serves as Executive Vice President Legal Affairs, General Counsel, Corporationrationrate Secretary of Pollard Banknote Ltd. She joined Pollard Banknote Limited in 2010. Prior to joining Pollard Banknote Ms. Richard served as Vice President, Legal Affairs and Corporationrationrate Secretary of Canwest Global Communications Corporationration Until September 2001, Ms. Richard practiced as a corporate law associate with the Toronto office of McCarthy Ttrault LLP since 2010.
Tenure 14 years
Address 140 Otter Street, Winnipeg, MB, Canada, R3T 0M8
Phone204 474 2323
Webhttps://www.pollardbanknote.com
Richard received her Bachelor of Laws and Bachelor of Civil Law Degrees, with distinction, from McGill University and holds an undergraduate business degree from the Richard Ivey School of Business at the University of Western Ontario. She is a member of the Ontario and Manitoba Bars.

Pollard Banknote Management Efficiency

The company has return on total asset (ROA) of 0.0167 % which means that it generated a profit of $0.0167 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1334 %, meaning that it generated $0.1334 on every $100 dollars invested by stockholders. Pollard Banknote's management efficiency ratios could be used to measure how well Pollard Banknote manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Equity is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.06. At this time, Pollard Banknote's Fixed Asset Turnover is very stable compared to the past year.
Pollard Banknote Limited has accumulated 137.23 M in total debt with debt to equity ratio (D/E) of 107.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pollard Banknote has a current ratio of 2.33, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Pollard Banknote until it has trouble settling it off, either with new capital or with free cash flow. So, Pollard Banknote'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 Pollard Banknote sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pollard to invest in growth at high rates of return. When we think about Pollard Banknote's use of debt, we should always consider it together with cash and equity.
Pollard Banknote Limited, together with its subsidiaries, provides lottery and gaming products and services worldwide. Pollard Banknote Limited is a subsidiary of Pollard Equities Limited. POLLARD BANKNOTE operates under Gambling classification in Canada and is traded on Toronto Stock Exchange. It employs 1597 people. Pollard Banknote Limited (PBL) is traded on Toronto Exchange in Canada and employs 2,285 people. Pollard Banknote is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Pollard Banknote Leadership Team

Elected by the shareholders, the Pollard Banknote's board of directors comprises two types of representatives: Pollard Banknote inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pollard. The board's role is to monitor Pollard Banknote's management team and ensure that shareholders' interests are well served. Pollard Banknote'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, Pollard Banknote's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Young, Executive Operations
Jennifer Westbury, Executive Development
Douglas Pollard, Co-CEO and Director
Gordon Pollard, Executive Chairman and Secretary
Riva Richard, Executive VP of Legal Affairs, General Counsel and Corporate Secretary
Robert Rose, CFO and Executive Vice-President of Fin.
Paul Franzmann, Executive Development
Margaret Proven, Executive Resources
Pedro Melo, Executive Digital

Pollard 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 Pollard Banknote 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 Pollard Banknote

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

Pollard Banknote financial ratios help investors to determine whether Pollard 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 Pollard with respect to the benefits of owning Pollard Banknote security.