David Morris - ECN Capital Independent Director

ECN Stock  CAD 3.15  0.05  1.56%   

Director

Mr. David Morris is Independent Director of the Company. Mr. Morris recently retired as a senior audit partner at Deloitte LLP after serving over 41 years with the firm, and was appointed to ECN Capitals Board in October 2016. Mr. Morris is a graduate of McGill University. He has extensive experience auditing global financial institutions and public companies. Mr. Morris has worked closely with audit committees on a number of special engagements including those relating to mergers and acquisitions, regulatory reporting, due diligence and accounting for complex transactions. Mr. Morris also has a strong background with U.S. Securities and Exchange Commission registrants, including internal controls over financial reporting. Mr. Morris has acted as an advisor to senior management and directors throughout his career. since 2016.
Age 64
Tenure 9 years
Address Commerce Court West, Toronto, ON, Canada, M5L 1A9
Phone416 646 4710
Webhttps://www.ecncapitalcorp.com

David Morris Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Morris against ECN Capital stock is an integral part of due diligence when investing in ECN Capital. David Morris insider activity provides valuable insight into whether ECN Capital is net buyers or sellers over its current business cycle. Note, ECN Capital insiders must abide by specific rules, including filing SEC forms every time they buy or sell ECN Capital'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
David Morris over a week ago
Disposition of 767 shares by David Morris of RBB Bancorp subject to Rule 16b-3
 
David Morris over two months ago
Disposition of 9000 shares by David Morris of RBB Bancorp at 20.55 subject to Rule 16b-3
 
David Morris over six months ago
Insider Trading
 
David Morris over six months ago
Insider Trading

ECN Capital Management Efficiency

The company has return on total asset (ROA) of (0.0402) % which means that it has lost $0.0402 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1875) %, meaning that it generated substantial loss on money invested by shareholders. ECN Capital's management efficiency ratios could be used to measure how well ECN Capital manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of February 2025, Return On Tangible Assets is likely to grow to -0.11. In addition to that, Return On Capital Employed is likely to grow to -0.04. At this time, ECN Capital's Total Assets are very stable compared to the past year. As of the 1st of February 2025, Non Currrent Assets Other is likely to grow to about 1.2 B, though Net Tangible Assets are likely to grow to (185.5 M).
ECN Capital Corp has accumulated 917.7 M in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. ECN Capital Corp has a current ratio of 4.31, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist ECN Capital until it has trouble settling it off, either with new capital or with free cash flow. So, ECN Capital'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 ECN Capital Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ECN to invest in growth at high rates of return. When we think about ECN Capital's use of debt, we should always consider it together with cash and equity.

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ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios primarily in the United States. ECN Capital Corp. was founded in 2016 and is headquartered in Toronto, Canada. ECN CAPITAL operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. It employs 590 people. ECN Capital Corp (ECN) is traded on Toronto Exchange in Canada and employs 680 people. ECN Capital is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

ECN Capital Corp Leadership Team

Elected by the shareholders, the ECN Capital's board of directors comprises two types of representatives: ECN Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ECN. The board's role is to monitor ECN Capital's management team and ensure that shareholders' interests are well served. ECN Capital'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, ECN Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Stoyan, Independent Director
Jacqueline Weber, Chief Officer
Mary Koenig, Chief Legal Officer
John Menard, Chief Officer
Hans Kraaz, CEO LLC
Randall Yasny, Senior Vice President - Corporate
Katherine Moradiellos, Vice Relations
David Morris, Independent Director
John Wimsatt, Senior Vice President - Corporate Development and Investor Relations
Mark Berch, President of Service Finance Company LLC
Steven Hudson, Chief Executive Officer, Director
Michael Tolbert, Pres Services
Donnie Cole, President LLC
Lance Hull, President Services
Karen Martin, Independent Director
Michael Lepore, Chief Financial Officer
BBA FCA, CEO Director
Pierre Lortie, Independent Director
Matt Nelson, President CEO
Steve Grosso, Chief US
William Lovatt, Independent Chairman of the Board
Michael Opdahl, President Financial
Christopher Johnson, Senior Markets
Joseph OBrien, Chief Financial
Scott Shaw, Chief Executive Officer of Kessler Financial Services, LLC
Matthew Heidelberg, Chief Services
Algis Vaitonis, Chief Credit Officer
Carol Goldman, Independent Director
James Barry, Chief Services

ECN 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 ECN Capital 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 ECN Capital

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

Moving together with ECN Stock

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  0.74GOOG Alphabet CDRPairCorr
The ability to find closely correlated positions to ECN Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECN Capital 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 ECN Capital - 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 ECN Capital Corp to buy it.
The correlation of ECN Capital 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 ECN Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECN Capital 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 ECN Capital 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 ECN Stock

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