Rocco Colella - Element Fleet Director Relations

EFN Stock  CAD 30.20  0.59  1.99%   

Director

Rocco Colella is Director Relations of Element Fleet Management
Address 161 Bay Street, Toronto, ON, Canada, M5J 2S1
Phone416 386 1067
Webhttps://www.elementfleet.com

Element Fleet Management Efficiency

The company has return on total asset (ROA) of 0.0297 % which means that it generated a profit of $0.0297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1258 %, meaning that it generated $0.1258 on every $100 dollars invested by stockholders. Element Fleet's management efficiency ratios could be used to measure how well Element Fleet 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 0.03. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Element Fleet's Non Currrent Assets Other are very stable compared to the past year. As of the 26th of November 2024, Net Tangible Assets is likely to grow to about 1.1 B, while Total Assets are likely to drop about 12.7 B.
Element Fleet Management has accumulated 10.9 B in total debt with debt to equity ratio (D/E) of 2.96, implying the company greatly relies on financing operations through barrowing. Element Fleet Management has a current ratio of 11.81, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Element Fleet until it has trouble settling it off, either with new capital or with free cash flow. So, Element Fleet'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 Element Fleet Management sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Element to invest in growth at high rates of return. When we think about Element Fleet's use of debt, we should always consider it together with cash and equity.

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Element Fleet Management Corp. operates as a fleet management company in Canada, the United States, Mexico, Australia, and New Zealand. It serves agriculture, business services, chemical, construction, consumer products, education and non-profit, energy, food and beverage, insurance, manufacturing, pharmaceutical and healthcare, professional services, telecommunications, transportation, and utility industries. ELEMENT FLEET operates under Rental Leasing Services classification in Canada and is traded on Toronto Stock Exchange. Element Fleet Management (EFN) is traded on Toronto Exchange in Canada and employs 2,700 people. Element Fleet is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Element Fleet Management Leadership Team

Elected by the shareholders, the Element Fleet's board of directors comprises two types of representatives: Element Fleet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Element. The board's role is to monitor Element Fleet's management team and ensure that shareholders' interests are well served. Element Fleet'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, Element Fleet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vito Culmone, Chief Financial Officer, Executive Vice President
G Graham, Independent Director
James Halliday, Executive Vice President and Chief Operating Officer of Element Fleet
Frank Ruperto, Executive CFO
Vineet Gupta, Executive Vice President, Chief Technology Officer
Israel Kaufman, Executive Vice President Treasurer
Jay Forbes, Chief Executive Officer, Executive Director
Jacqueline McGillivray, Ex Officer
Alexander Greene, Independent Director
Andrew Clarke, Independent Director
Rubin McDougal, Independent Director
Chris Gittens, Executive Vice President Mid-market of Element Fleet
CPA FCA, Pres CEO
Jacqui McGillivray, Chief Human Resource Officer, Executive Vice President
Yu Jin, Executive Officer
David Madrigal, Executive Vice President - Mexico, Chief Commercial Officer
Andrea Rosen, Independent Director
Rocco Colella, Director Relations
Ian Oncea, Chief Officer
Michael Barrett, VP, Investor Relations
Laura DottoriAttanasio, President CEO
Virginia Addicott, Director
David Denison, Independent Chairman of the Board
Paul Damp, Independent Director
David Colman, Executive Vice President, General Counsel, Corporate Secretary
Steve Grosso, President Financial
German Piderit, Head Operations
Joan LammTennant, Independent Director
Scott Corman, Ex Fin
Jon Parker, Executive Vice President Enterprise of Element Fleet
Imran Hussein, Managing Director
Bill Sutherland, Executive Officer

Element 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 Element Fleet 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 Element Fleet

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 Element Fleet 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 Element Fleet will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Element Fleet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Fleet 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 Element Fleet - 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 Element Fleet Management to buy it.
The correlation of Element Fleet 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 Element Fleet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Fleet Management 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 Element Fleet 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 Element Stock

Element Fleet financial ratios help investors to determine whether Element 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 Element with respect to the benefits of owning Element Fleet security.