Gary Collins - Chorus Aviation Independent Director

CHR Stock  CAD 3.25  0.06  1.81%   

Director

Mr. Gary M. Collins serves as Independent Director of Chorus Aviation Inc. Mr. Collins is a Senior Advisor at Lazard Canada, a financial advisory and asset management firm. Until May 2014, Mr. Collins was the President of Coastal Contacts Inc., the worlds leading online directtocustomer retailer of replacement contact lenses, eye glasses and optical products. In May 2014 Coastal Contacts was purchased by Essilor International. From April 2007 to June 2012 Mr. Collins was Senior Vice President of Belkorp Industries Inc. Prior to that, Mr. Collins was the President and Chief Executive Officer of Harmony Airways from December 2004 until December 2006. From October 1991 to December 2004 he was a member of the British Columbia Legislative Assembly and held the portfolio of Minister of Finance from June 2001 to December 2004. Mr. Collins is also a director of DBox Technologies Inc. and Rogers Sugar Inc. since 2010.
Age 55
Tenure 14 years
Address 3 Spectacle Lake Drive, Dartmouth, NS, Canada, B3B 1W8
Phone902 873 5000
Webhttps://www.chorusaviation.com

Chorus Aviation Management Efficiency

The company has return on total asset (ROA) of 0.0385 % which means that it generated a profit of $0.0385 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0687 %, meaning that it generated $0.0687 on every $100 dollars invested by stockholders. Chorus Aviation's management efficiency ratios could be used to measure how well Chorus Aviation manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.03. At this time, Chorus Aviation's Non Currrent Assets Other are very stable compared to the past year. As of the 24th of November 2024, Other Current Assets is likely to grow to about 28.5 M, while Total Assets are likely to drop about 2 B.
Chorus Aviation has accumulated 1.76 B in total debt with debt to equity ratio (D/E) of 3.4, implying the company greatly relies on financing operations through barrowing. Chorus Aviation has a current ratio of 1.01, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Chorus Aviation until it has trouble settling it off, either with new capital or with free cash flow. So, Chorus Aviation'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 Chorus Aviation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chorus to invest in growth at high rates of return. When we think about Chorus Aviation's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Donna HayesCineplex
62
John MarinucciNFI Group
62
Donald StreuberExchange Income
61
Phyllis CochranNFI Group
67
Jamie PorteousCargojet
N/A
Krystyna HoegNFI Group
69
JeanYves LeblancTransat AT
72
Joan DeaCineplex
55
Susan KudzmanTransat AT
56
John WebsterCargojet
62
Jordan BanksCineplex
50
Jacques SimoneauTransat AT
61
Sarabjit MarwahCineplex
67
Robert BruceCineplex
62
Edward WarkentinExchange Income
69
Louise StPierreTransat AT
63
Raymond BachandTransat AT
71
Paulo NunesNFI Group
66
Brad BennettExchange Income
61
Polly CraikExchange Income
57
Nadir MohamedCineplex
63
Chorus Aviation Inc., through its subsidiaries, engages in the airline business in Canada and the United States. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada. CHORUS AVIATION operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. It employs 2164 people. Chorus Aviation (CHR) is traded on Toronto Exchange in Canada and employs 4,503 people. Chorus Aviation is listed under Transportation Infrastructure category by Fama And French industry classification.

Management Performance

Chorus Aviation Leadership Team

Elected by the shareholders, the Chorus Aviation's board of directors comprises two types of representatives: Chorus Aviation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chorus. The board's role is to monitor Chorus Aviation's management team and ensure that shareholders' interests are well served. Chorus Aviation'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, Chorus Aviation's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Randell, President, Chief Executive Officer, Director
Karen Cramm, Independent Director
FCPA FCA, Executive Officer
Tyrone CA, Vice Relations
Jill McKim, Vice Compliance
Dennis JD, Chief VP
Laurel Clark, VP Sustainability
MarieLucie Morin, Independent Director
Sydney Isaacs, Independent Director
Gary Osborne, Chief Financial Officer
Richard Falconer, Independent Director
Lynne McMullen, President Academy
Dennis Lopes, Senior Vice-President, Chief Legal Officer and Corporate Secretary
Carl Kumpic, VP Services
Jeremy Barnes, Chief Aircraft
Gary CPA, Chief Officer
Scott Tapson, President Voyageur Aviation, Vice President - Corporate and Commercial Development
Steven Ridolfi, President Chorus Aviation Capital
Cory Cousineau, President Aviation
Richard McCoy, Independent Chairman of the Board
Gary Collins, Independent Director
Randolph DeGooyer, President - Jazz
Colin Copp, Chief Operating Officer and President, Chorus Aviation Services
Margaret Clandillon, Independent Director
Jolene Mahody, Executive Vice President and Chief Strategy Officer
R Hannahs, Independent Director
James Peddle, Chief Capital

Chorus 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 Chorus Aviation 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 Chorus Aviation

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

Moving together with Chorus Stock

  0.73GOOG Alphabet CDRPairCorr
  0.83AMZN Amazon CDRPairCorr
The ability to find closely correlated positions to Chorus Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chorus Aviation 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 Chorus Aviation - 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 Chorus Aviation to buy it.
The correlation of Chorus Aviation 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 Chorus Aviation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chorus Aviation 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 Chorus Aviation 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 Chorus Stock

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