Abigail Meana - Diversified Royalty Corporate Controller

DIV Stock  CAD 2.98  0.03  1.00%   

Executive

Abigail Meana is Corporate Controller of Diversified Royalty Corp
Address 609 Granville Street, Vancouver, BC, Canada, V7Y 1A1
Phone604 235 3146
Webhttps://www.diversifiedroyaltycorp.com

Diversified Royalty Management Efficiency

The company has return on total asset (ROA) of 0.069 % which means that it generated a profit of $0.069 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1206 %, meaning that it generated $0.1206 on every $100 dollars invested by stockholders. Diversified Royalty's management efficiency ratios could be used to measure how well Diversified Royalty manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.60. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Diversified Royalty's Intangibles To Total Assets are very stable compared to the past year. As of the 26th of November 2024, Debt To Assets is likely to grow to 0.56, while Total Current Assets are likely to drop about 12.2 M.
Diversified Royalty Corp has accumulated 305.16 M in total debt with debt to equity ratio (D/E) of 0.84, which is about average as compared to similar companies. Diversified Royalty Corp has a current ratio of 1.66, which is within standard range for the sector. Debt can assist Diversified Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, Diversified Royalty'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 Diversified Royalty Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diversified to invest in growth at high rates of return. When we think about Diversified Royalty's use of debt, we should always consider it together with cash and equity.

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Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada. DIVERSIFIED ROYALTY operates under Conglomerates classification in Canada and is traded on Toronto Stock Exchange. It employs 38 people. Diversified Royalty Corp (DIV) is traded on Toronto Exchange in Canada and employs 39 people. Diversified Royalty is listed under Industrial Conglomerates category by Fama And French industry classification.

Management Performance

Diversified Royalty Corp Leadership Team

Elected by the shareholders, the Diversified Royalty's board of directors comprises two types of representatives: Diversified Royalty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diversified. The board's role is to monitor Diversified Royalty's management team and ensure that shareholders' interests are well served. Diversified Royalty'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, Diversified Royalty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Johnny Ciampi, Independent Director
Abigail Meana, Corporate Controller
Adrian Law, Corporate Controller
Greg Gutmanis, Chief Financial Officer, Vice President - Acquisitions, Corporate Secretary
Sean Morrison, President, Chief Executive Officer
Garry Herdler, Independent Director
Lorraine McLachlan, Independent Director
Paula Rogers, Independent Chairman of the Board

Diversified 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 Diversified Royalty 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 Diversified Royalty

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

Moving together with Diversified Stock

  0.85PIC-A Premium Income SplitPairCorr
  0.77FFH Fairfax FinancialPairCorr
The ability to find closely correlated positions to Diversified Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diversified Royalty 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 Diversified Royalty - 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 Diversified Royalty Corp to buy it.
The correlation of Diversified Royalty 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 Diversified Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diversified Royalty Corp 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 Diversified Royalty 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 Diversified Stock

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