Brian Pedlar - Covalon Technologies President, Chief Executive Officer, Director

COV Stock  CAD 3.70  0.20  5.71%   

CEO

Mr. Brian E. Pedlar is President, Chief Executive Officer, Director of Covalon Technologies Ltd. He was Interim Chief Financial Officer of the Company effective January 9, 2013. He was member of the Board of Directors since January 14, 2010. Previously, Mr. Pedlar was President of Pedlar Ventures Limited, a private venture investment and consulting firm based in Oakville, Ontario. He has served in senior executive positions with public companies including temporary CFO, Cygnal Technologies Corporationration, October 2007 President, Cedara Software Corporationration, 2005 to 2006 Chief Financial Officer, Cedara Software Corporationration, 2004 to 2005 and Director of Finance, Cedara Software Corporationration, 2000 to 2004. Mr. Pedlar has also held senior executive positions with Merge Healthcare and IMAX Corporation since 2015.
Tenure 9 years
Address 1660 Tech Avenue, Mississauga, ON, Canada, L4W 5S7
Phone905 568 8400
Webhttps://www.covalon.com
Pedlar holds a BS degree from Mount Allison University, a postgraduate diploma in Accounting from Wilfrid Laurier University and is a Canadian Chartered Accountant.

Covalon Technologies Management Efficiency

The company has return on total asset (ROA) of (0.0325) % which means that it has lost $0.0325 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0385) %, meaning that it generated substantial loss on money invested by shareholders. Covalon Technologies' management efficiency ratios could be used to measure how well Covalon Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.18 in 2024. Return On Capital Employed is likely to drop to -0.22 in 2024. At this time, Covalon Technologies' Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 637.1 K in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 115.6 K in 2024.
Covalon Technologies has accumulated 1.56 M in total debt with debt to equity ratio (D/E) of 2.49, implying the company greatly relies on financing operations through barrowing. Covalon Technologies has a current ratio of 0.62, 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 Covalon Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Covalon Technologies' 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 Covalon Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Covalon to invest in growth at high rates of return. When we think about Covalon Technologies' use of debt, we should always consider it together with cash and equity.

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Covalon Technologies Ltd. researches, develops, manufactures, commercializes, and licenses medical technologies and products in the United States, Canada, the United Kingdom, Europe, the Middle East, Asia, Latin America, and internationally. It serves hospitals, wound care centers, burn centers, extendedalternate care and acute care facilities, home health care agencies, and physicians offices. COVALON TECHNOLOGIES operates under Biotechnology classification in Exotistan and is traded on Commodity Exchange. Covalon Technologies (COV) is traded on TSX Venture Exchange in Canada and employs 28 people. Covalon Technologies is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Covalon Technologies Leadership Team

Elected by the shareholders, the Covalon Technologies' board of directors comprises two types of representatives: Covalon Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Covalon. The board's role is to monitor Covalon Technologies' management team and ensure that shareholders' interests are well served. Covalon Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Covalon Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Simon Smith, Chief Ltd
John Hands, Senior Director - Global Marketing
Greg Leszczynski, Vice Resources
Brent Ashton, CEO Director
Hamed Abbasian, Vice Development
Ian Brindle, Independent Director
Elaine Zhang, Vice Operations
Mark Doolittle, Senior Operations
Joseph Cordiano, Independent Director
Valerio DiTizio, Co-Founder and Chief Science Officer
Ronald Smith, Director
Gerry Arambula, President Ltd
Emily Hill, Executive CEO
Elinor Caplan, Director
Murray Miller, Independent Director
Kim Crooks, Vice President - Operations
Ron Hebert, VP Marketing
Gale Pollock, Director
Amir CFA, Executive Chairman
Jeffrey Mandel, Independent Director
Myrna Francis, Independent Director
Katie Martinovich, Interim Officer
Danny Brannagan, Chief Financial Officer
Brian Pedlar, President, Chief Executive Officer, Director
John Suk, Director
Ronald Hebert, Senior Marketing
Jason Gorel, Interim Officer
Abe Schwartz, Chairman of The Board, Advisor and Member of Audit Committee

Covalon 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 Covalon Technologies 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.

Thematic Opportunities

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Additional Tools for Covalon Stock Analysis

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