Wayne Boulais - DIRTT Environmental Independent Director

DRT Stock  CAD 0.94  0.06  6.82%   

Director

Mr. Wayne Boulais is Independent Director of Dirtt Environmental Solutions Ltd since 2014.
Age 55
Tenure 10 years
Professional MarksMBA
Address 7303-30th Street S.E., Calgary, AB, Canada, T2C 1N6
Phone403 723 5000
Webhttps://www.dirtt.com
Boulais has more than 15 years of technology investing experience where he is currently a General Partner at Apex Venture Partners, a USbased VC firm that has raised and managed more than $350 million in their Fund V and Fund VI. During Wayne’s tenure at Apex, Wayne has sourced or managed 10 investments and served as the board designee of Apex for eight of those investments. Wayne is currently the board designee of Apex for two active investments. Prior to Wayne’s investment experience, Wayne was a principal at Mercer Management Consulting in the communications, information and entertainment practice. Before attending business school, Wayne was a senior development engineer at Raytheon Corporationration where Wayne led product development efforts for satellite and wireless communication systems. Wayne holds an MBA from the Massachusetts Institute of Technology as well as a Master and Bachelor of Electrical Engineering from the University of Massachusetts.

DIRTT Environmental Management Efficiency

The company has return on total asset (ROA) of 0.0318 % which means that it generated a profit of $0.0318 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.5091 %, meaning that it generated $0.5091 on every $100 dollars invested by stockholders. DIRTT Environmental's management efficiency ratios could be used to measure how well DIRTT Environmental manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.13. In addition to that, Return On Capital Employed is likely to grow to -0.17. At this time, DIRTT Environmental's Total Assets are very stable compared to the past year. As of the 23rd of November 2024, Non Current Assets Total is likely to grow to about 75.9 M, while Net Tangible Assets are likely to drop about 11.6 M.
DIRTT Environmental Solutions has accumulated 89.56 M in total debt with debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from borrowing. DIRTT Environmental has a current ratio of 2.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist DIRTT Environmental until it has trouble settling it off, either with new capital or with free cash flow. So, DIRTT Environmental'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 DIRTT Environmental sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DIRTT to invest in growth at high rates of return. When we think about DIRTT Environmental's use of debt, we should always consider it together with cash and equity.

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DIRTT Environmental Solutions Ltd. designs, manufactures, and installs prefabricated interior solutions for use primarily in commercial spaces across various industries and businesses in the United States, Canada, internationally. DIRTT Environmental Solutions Ltd. was founded in 2003 and is headquartered in Calgary, Canada. DIRTT ENVIRONMENTAL operates under Engineering Construction classification in Canada and is traded on Toronto Stock Exchange. It employs 1169 people. DIRTT Environmental Solutions (DRT) is traded on Toronto Exchange in Canada and employs 27 people. DIRTT Environmental is listed under Construction & Engineering category by Fama And French industry classification.

Management Performance

DIRTT Environmental Leadership Team

Elected by the shareholders, the DIRTT Environmental's board of directors comprises two types of representatives: DIRTT Environmental inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DIRTT. The board's role is to monitor DIRTT Environmental's management team and ensure that shareholders' interests are well served. DIRTT Environmental'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, DIRTT Environmental's outside directors are responsible for providing unbiased perspectives on the board's policies.
Denise Karkkainen, Independent Director
Fareeha Khan, Chief Officer
Cassondra Dickin, Director Marketing
Lindsay Gusso, Chief Human Resource Officer
Jennifer Warawa, Senior Vice President, Chief Commercial Officer
Geoffrey Gosling, CoFounder
John Elliot, Independent Director
Geoffrey Krause, Chief Financial Officer
Michael Ford, Independent Director
Shauna King, Independent Director
Mark Greffen, Senior Vice President - Software Development
Nandini Somayaji, Gen Talent
James Mulawyshyn, Senior Technology
Kimberly MacEachern, Director Relations
Bradley Little, Chief Officer
Wayne Boulais, Independent Director
Benjamin Urban, CEO Director
Richard Hunter, Chief Officer
Colin Blehm, Director Devel
Steven Parry, Independent Chairman of the Board
Christine McGinley, Independent Director
Jeffrey Calkins, Chief Operating Officer
Todd Lillibridge, Independent Director
Charles Kraus, Senior Vice President General Counsel, Corporate Secretary
Brandon Jones, Vice President of Strategy
Jeff Dopheide, Chief Officer
Kevin OMeara, President, Chief Executive Officer, Director

DIRTT 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 DIRTT Environmental 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 DIRTT Environmental

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

Moving together with DIRTT Stock

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Moving against DIRTT Stock

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

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