Ryan MacDermid - Russel Metals Vice President - Risk Management and Legal
| RUS Stock | CAD 44.35 0.60 1.33% |
President
Mr. Ryan W. MacDermid serves as Vice President Risk Management and Legal of the Company. Mr. MacDermid is responsible for the Company enterprise risk management program which involves the identification, assessment, management and monitoring of enterprise risk, and he oversees the Company legal affairs which include corporate transactions, capital market issuances, litigation management and corporate governance. Prior to joining Russel Metals in 2015, Mr. MacDermid was a partner of Davies Ward Phillips Vineberg LLP where his practice was focused on mergers and acquisitions, corporate finance and corporate governance since 2016.
| Tenure | 8 years |
| Address | 6600 Financial Drive, Mississauga, ON, Canada, L5N 7J6 |
| Phone | 905 819 7777 |
| Web | https://www.russelmetals.com |
Russel Metals Management Efficiency
The company has return on total asset (ROA) of 0.0596 % which means that it generated a profit of $0.0596 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1111 %, meaning that it generated $0.1111 on every $100 dollars invested by stockholders. Russel Metals' management efficiency ratios could be used to measure how well Russel Metals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 13th of December 2024, Return On Tangible Assets is likely to grow to 0.11. Also, Return On Capital Employed is likely to grow to 0.28. At this time, Russel Metals' Non Currrent Assets Other are very stable compared to the past year. As of the 13th of December 2024, Other Assets is likely to grow to about 57.7 M, while Total Assets are likely to drop about 1.5 B.Similar Executives
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Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0596 |
Russel Metals Leadership Team
Elected by the shareholders, the Russel Metals' board of directors comprises two types of representatives: Russel Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Russel. The board's role is to monitor Russel Metals' management team and ensure that shareholders' interests are well served. Russel Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Russel Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Dinning, Independent Chairman of the Board | ||
| John Tulloch, Independent Director | ||
| Ryan MacDermid, Vice President - Risk Management and Legal | ||
| Sherri McKelvey, Assistant Sec | ||
| Dan Bailey, Director Operations | ||
| Alain Benedetti, Independent Director | ||
| Catherine Milne, Human President | ||
| Marion Britton, Chief Financial Officer, Executive Vice President, Secretary | ||
| Lesley Coleman, Vice President Controller, Assistant Secretary | ||
| John Clark, Independent Director | ||
| William OReilly, Independent Director | ||
| David Halcrow, Vice President - Purchasing and Inventory Management | ||
| John Reid, President, Chief Executive Officer, Director | ||
| John Maclean, Vice President - Canadian Service Center Operations | ||
| Roger Paiva, Director | ||
| Daniel Bailey, Director Operations | ||
| Barbara Jeremiah, Independent Director | ||
| Annie Thabet, Independent Director | ||
| Alice Laberge, Independent Director | ||
| Brian Hedges, President CEO, Director | ||
| Maureen Kelly, Vice President - Information Systems |
Russel 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 Russel Metals 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.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0596 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 2.72 B | ||||
| Shares Outstanding | 57.45 M | ||||
| Shares Owned By Insiders | 0.84 % | ||||
| Shares Owned By Institutions | 27.36 % | ||||
| Number Of Shares Shorted | 314.5 K | ||||
| Price To Earning | 46.36 X |
Pair Trading with Russel Metals
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 Russel Metals 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 Russel Metals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals 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 Russel Metals - 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 Russel Metals to buy it.
The correlation of Russel Metals 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 Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals 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 Russel Metals 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.Other Information on Investing in Russel Stock
Russel Metals financial ratios help investors to determine whether Russel 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 Russel with respect to the benefits of owning Russel Metals security.