Jim Vis - Ag Growth Executive Vice President - Global Engineering

AFN Stock  CAD 53.41  0.64  1.21%   

Insider

Jim Vis is Executive Vice President - Global Engineering of Ag Growth International
Address 198 Commerce Drive, Winnipeg, MB, Canada, R3P 0Z6
Phone316-264-4604
Webhttps://www.aggrowth.com

Ag Growth Management Efficiency

The company has return on total asset (ROA) of 0.0543 % which means that it generated a profit of $0.0543 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.075 %, meaning that it generated $0.075 on every $100 dollars invested by stockholders. Ag Growth's management efficiency ratios could be used to measure how well Ag Growth manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Ag Growth's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.05, while Return On Capital Employed is likely to drop 0.13. At this time, Ag Growth's Return On Assets are very stable compared to the past year.
Ag Growth International has accumulated 906.95 M in total debt with debt to equity ratio (D/E) of 2.73, implying the company greatly relies on financing operations through barrowing. Ag Growth International has a current ratio of 1.69, which is within standard range for the sector. Debt can assist Ag Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Ag Growth'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 Ag Growth International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AFN to invest in growth at high rates of return. When we think about Ag Growth's use of debt, we should always consider it together with cash and equity.

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Ag Growth International Inc., together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. Ag Growth International Inc. was founded in 1996 and is based in Winnipeg, Canada. AG GROWTH is traded on Toronto Stock Exchange in Canada. Ag Growth International (AFN) is traded on Toronto Exchange in Canada and employs 25 people. Ag Growth is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification.

Management Performance

Ag Growth International Leadership Team

Elected by the shareholders, the Ag Growth's board of directors comprises two types of representatives: Ag Growth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AFN. The board's role is to monitor Ag Growth's management team and ensure that shareholders' interests are well served. Ag Growth'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, Ag Growth's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kate Glasser, Executive Operations
David White, Independent Director
CPA CMA, Senior Systems
Jim Vis, Executive Vice President - Global Engineering
Marie McKeegan, Senior Resources
Scott McKernan, Senior USA
Andrew Jacklin, Director Relations
Noam Silberstein, Sr Devel
Claudia Roessler, Independent Director
Gary Anderson, Independent Director
Paul Brisebois, Vice President - Farm
Anne GreefSafft, Independent Director
William Maslechko, Independent Director
Steve Sommerfeld, Chief Financial Officer, Executive Vice President, Corporate Secretary
Paul Householder, Executive Vice President - International
David Postill, Vice President - Marketing
Dan Donner, Sr. VP of Sales and Marketing
George Vis, Executive Vice President - North America
Ron Braun, Senior Farm
Janet Giesselman, Independent Director
William Lambert, Independent Chairman of the Board
Timothy Close, President, Chief Executive Officer, Director
Ryan Kipp, Senior Vice President - Legal, General Counsel
Malcolm Moore, Independent Director
Gurcan Kocdag, Vice President - Global Manufacturing

AFN 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 Ag Growth 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 Ag Growth

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 Ag Growth 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 Ag Growth will appreciate offsetting losses from the drop in the long position's value.

Moving against AFN Stock

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

Ag Growth financial ratios help investors to determine whether AFN 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 AFN with respect to the benefits of owning Ag Growth security.