Edward Sonshine - Cineplex Independent Director

CGX Stock  CAD 10.21  0.06  0.59%   

Director

Mr. Edward Sonshine, QC, O. Ont., serves as Independent Director of Cineplex Inc. since February 2010. Mr. Sonshine is the Chief Executive Officer, as well as a member of the Board of Trustees of RioCan Real Estate Investment Trust, having held those positions since the companys founding in 1993. In addition to his Director role with the Corporationrationration, Mr. Sonshine is active in the community and currently is a director of Mount Sinai Health System. He previously served on the board of the Royal Bank of Canada, as Chair of the Israel Bonds Organization of Canada, as Chair of the board of Chesswood Group Limited and as Chair of the Mount Sinai Hospital Foundation. Mr. Sonshine was appointed Queens Counsel in 1983 and a Member of the Order of Ontario in 2011. In 2013, he was honoured as Canadas Outstanding CEO of the year. since 2010.
Age 72
Tenure 14 years
Address 1303 Yonge Street, Toronto, ON, Canada, M4T 2Y9
Phone416 323 6600
Webhttps://www.cineplex.com

Cineplex Management Efficiency

The company has return on total asset (ROA) of 0.0194 % which means that it generated a profit of $0.0194 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (16.1698) %, meaning that it generated substantial loss on money invested by shareholders. Cineplex's management efficiency ratios could be used to measure how well Cineplex manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Cineplex's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Assets is likely to grow to 0.08, while Return On Capital Employed is likely to drop 0.07. At this time, Cineplex's Return On Assets are very stable compared to the past year.
Cineplex has accumulated 1.9 B in total debt with debt to equity ratio (D/E) of 6.53, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Cineplex has a current ratio of 0.09, 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 Cineplex until it has trouble settling it off, either with new capital or with free cash flow. So, Cineplex'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 Cineplex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cineplex to invest in growth at high rates of return. When we think about Cineplex's use of debt, we should always consider it together with cash and equity.

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Cineplex Inc., through its subsidiaries, operates as an entertainment and media company in Canada and internationally. Cineplex Inc. was founded in 2003 and is headquartered in Toronto, Canada. CINEPLEX INC operates under Entertainment classification in Canada and is traded on Toronto Stock Exchange. It employs 13000 people. Cineplex (CGX) is traded on Toronto Exchange in Canada and employs 10,000 people. Cineplex is listed under Movies & Entertainment category by Fama And French industry classification.

Management Performance

Cineplex Leadership Team

Elected by the shareholders, the Cineplex's board of directors comprises two types of representatives: Cineplex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cineplex. The board's role is to monitor Cineplex's management team and ensure that shareholders' interests are well served. Cineplex'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, Cineplex's outside directors are responsible for providing unbiased perspectives on the board's policies.
CM CMA, CEO President
Robert Cousins, Senior Film
Brad LaDouceur, Vice Programming
Nadir Mohamed, Independent Director
Scott Hughes, Executive Officer
Robert Bruce, Independent Director
CMA FCA, CEO Pres
Sara Moore, Executive Officer
Mahsa Rejali, Executive Relations
Donna Hayes, Independent Director
Joan Dea, Independent Director
Cindy Bush, Chief Human Resource Officer
Edward Sonshine, Independent Director
Anne Fitzgerald, Chief Legal Officer and Executive Vice President Real Estate
Thomas Santram, Senior Counsel
Fabrizio Stanghieri, Executive Media
Jordan Banks, Independent Director
Michael Kennedy, Executive Vice President - Filmed Entertainment
Sarah Lange, Executive Communications
Gord CM, Chief Officer
Janice Fukakusa, Independent Director
Kevin Watts, Executive Entertainment
Dan McGrath, Chief Operating Officer
Ellis Jacob, President, Chief Executive Officer, Director
Sarabjit Marwah, Independent Director
Phyllis Yaffe, Independent Chairman of the Board
Shawn Mandel, Chief Digital and Technology Officer
Kim West, Senior Resources
Ian Greenberg, Independent Chairman of the Board
Gord Nelson, Chief Financial Officer

Cineplex 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 Cineplex 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 Cineplex

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

Moving together with Cineplex Stock

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Moving against Cineplex Stock

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  0.48PPL-PA Pembina Pipeline CorpPairCorr
The ability to find closely correlated positions to Cineplex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cineplex 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 Cineplex - 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 Cineplex to buy it.
The correlation of Cineplex 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 Cineplex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cineplex 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 Cineplex 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 Cineplex Stock

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