Tom Penney - Canadian Apartment Resident Manager

CAR-UN Stock  CAD 45.51  0.82  1.83%   

Executive

Tom Penney is Resident Manager of Canadian Apartment Properties
Address 11 Church Street, Toronto, ON, Canada, M5E 1W1
Phone416 861 9404
Webhttps://www.capreit.ca

Canadian Apartment Management Efficiency

The company has return on total asset (ROA) of 0.0247 % which means that it generated a profit of $0.0247 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0426 %, meaning that it generated $0.0426 on every $100 dollars invested by stockholders. Canadian Apartment's management efficiency ratios could be used to measure how well Canadian Apartment manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.02. The current year's Return On Capital Employed is expected to grow to -0.02. At present, Canadian Apartment's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 17.6 B, whereas Other Assets are forecasted to decline to about 48.3 M.
Canadian Apartment Properties has accumulated 7.11 B in total debt with debt to equity ratio (D/E) of 0.63, which is about average as compared to similar companies. Canadian Apartment has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Apartment until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Apartment'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 Canadian Apartment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Apartment's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Michael EmoryAllied Properties Real
68
JeanFranois BurdetAllied Properties Real
N/A
Samantha AdamsBoardwalk Real Estate
52
John CFABoardwalk Real Estate
N/A
Leslie ChenAllied Properties Real
N/A
Nandini SomayajiBoardwalk Real Estate
39
Travis VokeyAllied Properties Real
N/A
Lorne KumerGranite Real Estate
N/A
Andrea SanelliGranite Real Estate
N/A
Ana LopesAllied Properties Real
N/A
Audrey CraigHR Real Estate
N/A
J MackayAllied Properties Real
N/A
Jon SorgGranite Real Estate
N/A
Samantha KoliasGunnBoardwalk Real Estate
36
Leonora DavidsBoardwalk Real Estate
N/A
Jo FlattAllied Properties Real
N/A
Michael RamparasGranite Real Estate
N/A
Melissa KoliasBoardwalk Real Estate
N/A
Andrew CooperAllied Properties Real
N/A
Michelle TremblayAllied Properties Real
N/A
Witsard SchaperGranite Real Estate
N/A
CAPREIT is one of Canadas largest real estate investment trusts. CAPREIT manages approximately 60,900 of its owned suites in Canada and Netherlands, and additionally 3,700 suites in Ireland as at June 30, 2020. CDN APARTMENT operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange. It employs 1003 people. Canadian Apartment Properties (CAR-UN) is traded on Toronto Exchange in Canada and employs 16 people. Canadian Apartment is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Canadian Apartment Leadership Team

Elected by the shareholders, the Canadian Apartment's board of directors comprises two types of representatives: Canadian Apartment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Apartment's management team and ensure that shareholders' interests are well served. Canadian Apartment'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, Canadian Apartment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Archna Sharma, Executive Compliance
Tom Penney, Resident Manager
Julian Schonfeldt, Chief Officer
Nick Savino, Senior Operations
Larry Greer, Senior Affairs
Clayton Yeung, Senior Accounting
Jodi Lieberman, Culture People
Andrew Wood, Executive Technology
Gobal Mailwaganam, MD Affairs
Stephen CPA, Chief Officer
Roman Brailovski, Executive Operations
Mark Kenney, President CEO
Stephen Co, CFO Accounting
Elise Lenser, Senior Secretary
Georgeta Morar, Director Operations
Patti Baker, Managing Director

Canadian 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 Canadian Apartment 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 Canadian Apartment

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 Canadian Apartment 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 Canadian Apartment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

  0.67AEMC Alaska Energy MetalsPairCorr
  0.72CMC Cielo Waste SolutionsPairCorr

Moving against Canadian Stock

  0.93LQWD LQwD FinTech CorpPairCorr
  0.7ERC Eros Resources CorpPairCorr
  0.68MATE Blockmate Ventures Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Canadian Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Apartment 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 Canadian Apartment - 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 Canadian Apartment Properties to buy it.
The correlation of Canadian Apartment 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 Canadian Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Apartment 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 Canadian Apartment 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 Canadian Stock

Canadian Apartment financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian Apartment security.