Nicolangelo Vecchiarelli - CCL Industries Vice Accounting

CCL-B Stock  CAD 77.42  0.58  0.74%   

Executive

Nicolangelo Vecchiarelli is Vice Accounting of CCL Industries
Address 111 Gordon Baker Road, Toronto, ON, Canada, M2H 3R1
Phone416 756 8500
Webhttps://www.cclind.com

CCL Industries Management Efficiency

The company has return on total asset (ROA) of 0.0685 % which means that it generated a profit of $0.0685 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1439 %, meaning that it generated $0.1439 on every $100 dollars invested by stockholders. CCL Industries' management efficiency ratios could be used to measure how well CCL Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.06 in 2024. Return On Capital Employed is likely to drop to 0.09 in 2024. At this time, CCL Industries' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 9.4 B in 2024, whereas Change To Liabilities is likely to drop slightly above 36.2 M in 2024.
CCL Industries has accumulated 2.28 B in total debt with debt to equity ratio (D/E) of 0.81, which is about average as compared to similar companies. CCL Industries has a current ratio of 1.79, which is within standard range for the sector. Debt can assist CCL Industries until it has trouble settling it off, either with new capital or with free cash flow. So, CCL Industries' 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 CCL Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CCL to invest in growth at high rates of return. When we think about CCL Industries' use of debt, we should always consider it together with cash and equity.

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CCL Industries Inc. manufactures and sells labels, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. CCL Industries Inc. was founded in 1951 and is headquartered in Toronto, Canada. CCL INDUSTRIES operates under Packaging Containers classification in Canada and is traded on Toronto Stock Exchange. It employs 21400 people. CCL Industries (CCL-B) is traded on Toronto Exchange in Canada and employs 25,700 people. CCL Industries is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification.

Management Performance

CCL Industries Leadership Team

Elected by the shareholders, the CCL Industries' board of directors comprises two types of representatives: CCL Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CCL. The board's role is to monitor CCL Industries' management team and ensure that shareholders' interests are well served. CCL Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CCL Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark JD, VP Counsel
Lalitha Vaidyanathan, IT Finance
Ben Lilienthal, Group Unit
James Sellors, Senior Development
Jamie Robinson, VP UK
Ben Rubino, President Worldwide
Sean Washchuk, Senior CFO
Nicolangelo Vecchiarelli, Vice Accounting
Gunther Birkner, Healthcare Beverage
Geoffrey Martin, CEO President
HBA B, Executive Chairman
Mark McClendon, VP Counsel

CCL 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 CCL Industries 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 CCL Industries

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

Moving against CCL Stock

  0.4INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to CCL Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCL Industries 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 CCL Industries - 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 CCL Industries to buy it.
The correlation of CCL Industries 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 CCL Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCL Industries 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 CCL Industries 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

Additional Tools for CCL Stock Analysis

When running CCL Industries' price analysis, check to measure CCL Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CCL Industries is operating at the current time. Most of CCL Industries' value examination focuses on studying past and present price action to predict the probability of CCL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCL Industries' price. Additionally, you may evaluate how the addition of CCL Industries to your portfolios can decrease your overall portfolio volatility.