Jim Bogle - Canfor Vice Digital

CFP Stock  CAD 18.05  0.24  1.31%   

Executive

Jim Bogle is Vice Digital of Canfor
Address 101-161 East 4th Avenue, Vancouver, BC, Canada, V5T 1G4
Phone604 661 5241
Webhttps://www.canfor.com

Canfor Management Efficiency

The company has return on total asset (ROA) of (0.0738) % which means that it has lost $0.0738 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1986) %, meaning that it generated substantial loss on money invested by shareholders. Canfor's management efficiency ratios could be used to measure how well Canfor manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to -0.06. In addition to that, Return On Capital Employed is likely to grow to -0.1. At this time, Canfor's Non Currrent Assets Other are very stable compared to the past year. As of the 27th of November 2024, Other Current Assets is likely to grow to about 354.5 M, while Total Assets are likely to drop about 3.6 B.
Canfor has accumulated 399.3 M in total debt with debt to equity ratio (D/E) of 0.35, which is about average as compared to similar companies. Canfor has a current ratio of 2.03, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Canfor until it has trouble settling it off, either with new capital or with free cash flow. So, Canfor'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 Canfor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canfor to invest in growth at high rates of return. When we think about Canfor's use of debt, we should always consider it together with cash and equity.

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Canfor Corporation operates as an integrated forest products company in the United States, Canada, Europe, Asia, and internationally. Canfor Corporation was founded in 1938 and is based in Vancouver, Canada. CANFOR CORP operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 6766 people. Canfor (CFP) is traded on Toronto Exchange in Canada and employs 7,580 people. Canfor is listed under Paper & Forest Products category by Fama And French industry classification.

Management Performance

Canfor Leadership Team

Elected by the shareholders, the Canfor's board of directors comprises two types of representatives: Canfor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canfor. The board's role is to monitor Canfor's management team and ensure that shareholders' interests are well served. Canfor'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, Canfor's outside directors are responsible for providing unbiased perspectives on the board's policies.
Glen Clark, Independent Director
Kevin Pankratz, Senior Vice President of Sales and Marketing
Frederick Stimpson, President - Canfor Southern Pine
Barbara Hislop, Independent Director
Ryan BarringtonFoote, Independent Director
Bob Hayes, Vice President - Transportation Procurement and Distribution
Kevin Horsnell, Vice President - Operations Canada
Dianne Watts, Independent Director
William Stinson, Independent Director
Peter Bentley, Independent Chairman Emeritus of the Board
David Trent, Senior Digital
Donald Kayne, President, Chief Executive Officer, Director
John Baird, Independent Director
Mns Johansson, Chief Group
Ross Smith, Independent Director
Stephen Mackie, Executive Vice President - North American Operations
Patrick Elliott, Vice President - Corporate Finance and Strategy
Alan Nicholl, Chief Financial Officer, Senior Vice President - Finance and Canfor Pulp Operations
Katy Player, Vice President - People and Communications
Michelle Ward, Vice Communications
Mark Feldinger, Senior Vice President - Energy, Environment, Transportation, Sourcing
David Calabrigo, Senior Vice President - Corporate Development, Legal Affairs and Human Resources and Corporate Secretary
Conrad Pinette, Independent Chairman of the Board
J Singleton, Independent Director
Jim Bogle, Vice Digital
Ross Lennox, Vice President - Woodlands Canada
Daniel Barwin, Director Finance
M Ross, Independent Director
Mans Johansson, Chief Executive Officer - Vida Group

Canfor 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 Canfor 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 Canfor

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

Moving together with Canfor Stock

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Moving against Canfor Stock

  0.62INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Canfor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canfor 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 Canfor - 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 Canfor to buy it.
The correlation of Canfor 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 Canfor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canfor 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 Canfor 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 Canfor Stock

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