Patrick Lemaire - Cascades Non-Independent Director

CAS Stock  CAD 11.95  0.15  1.27%   

Director

Mr. Patrick Lemairehas is NonIndependent Director of the Company. Patrick Lemaire has served as President and CEO of Boralex Inc. since September 2006. Over the last decade, he has profoundly transformed the company and helped position it as a renewable energy leader in Canada and France. In 1988, after obtaining his degree in Mechanical Engineering from Universit Laval, he began his career at Cascades. He successively held the positions of project manager, maintenance manager and plant manager in France and the United States. His managerial skills and leadership were then put to use as General Manager of five plants and as VicePresident and Chief Operating Officer in the containerboard packaging sector. In 2016, he received the Prix dexcellence from the Cercle des Dirigeants dEntreprises FrancoQubcois. In 2017, he was a finalist at the Quebec EY Entrepreneur of the y since 2016.
Age 55
Tenure 8 years
Address 404 Marie-Victorin Boulevard, Kingsey Falls, QC, Canada, J0A 1B0
Phone819 363 5100
Webhttps://www.cascades.com

Cascades Management Efficiency

The company has return on total asset (ROA) of 0.0228 % which means that it generated a profit of $0.0228 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0332) %, meaning that it generated substantial loss on money invested by shareholders. Cascades' management efficiency ratios could be used to measure how well Cascades manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Cascades' Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Total Current Assets is likely to grow to about 1.2 B, while Total Assets are likely to drop about 4 B.
Cascades has accumulated 1.94 B in total debt with debt to equity ratio (D/E) of 1.27, which is about average as compared to similar companies. Cascades has a current ratio of 1.3, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Cascades until it has trouble settling it off, either with new capital or with free cash flow. So, Cascades' 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 Cascades sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cascades to invest in growth at high rates of return. When we think about Cascades' use of debt, we should always consider it together with cash and equity.

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Cascades Inc. produces, converts, and markets packaging and tissue products in Canada, the United States, Italy, and internationally. Cascades Inc. was founded in 1964 and is headquartered in Kingsey Falls, Canada. CASCADES INC operates under Paper Paper Products classification in Canada and is traded on Toronto Stock Exchange. It employs 12000 people. Cascades (CAS) is traded on Toronto Exchange in Canada and employs 9,700 people. Cascades is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification.

Management Performance

Cascades Leadership Team

Elected by the shareholders, the Cascades' board of directors comprises two types of representatives: Cascades inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cascades. The board's role is to monitor Cascades' management team and ensure that shareholders' interests are well served. Cascades' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cascades' outside directors are responsible for providing unbiased perspectives on the board's policies.
Leon Marineau, Vice President - Environment
Elif Levesque, Independent Director
Sylvie Lemaire, Non-Independent Director
Thierry Trudel, Vice President - Innovation and Marketing
JeanDavid Tardif, President and Chief Operating Officer - Cascades Tissue Group
Melanie Dunn, Independent Director
Jrme Porlier, President SPG
Hugo DAmours, Vice President - Communications, Public Affairs and Sustainability
Dominic Dore, Chief Supply Chain and Information Officer
Martin Couture, Independent Director
Hubert Lacroix, Independent Director
Hugues Simon, President CEO
Louis Garneau, Independent Director
Michael Guerra, Corporate Secretary
Elise Pelletier, Non-Independent Director
Jennifer Aitken, Director, Investor Relations
Robert Hall, Chief of Strategy, Legal Affairs and Corporate Secretary
ASA CFA, VP Devel
Dominic Dor, Chief Officer
Charles Malo, President and Chief Operating Officer of Containerboard Group (Norampac)
Alain Lemaire, Co-Founder, Executive Chairman and Member of Admin. Committee
Allan Hogg, Chief Financial Officer, Vice President
Michelle Cormier, Lead Independent Director
Laurence Sellyn, Independent Director
Maryse Fernet, Vice President - Human Resources
Mario Plourde, President, Chief Executive Officer, Non-Independent Director
Jean Jobin, President and Chief Operating Officer of Tissue Group
Nelson Gentiletti, Independent Director
Allan CA, VP CFO
Georges Kobrynsky, Lead Independent Director
CFA ASA, Vice Development
Luc Langevin, President and Chief Operating Officer - Specialty Products Group
Patrick Lemaire, Non-Independent Director
Sylvie Vachon, Independent Director

Cascades 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 Cascades 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 Cascades

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

Moving together with Cascades Stock

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Moving against Cascades Stock

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

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