Serena Kraayeveld - Exchange Income Independent Director

EIF Stock  CAD 55.93  1.22  2.13%   

Director

Ms. Serena Kraayeveld is an Independent Director of Exchange Income Corporationrationration. Ms. Kraayeveld graduated with a Bachelor of Commerce degree from the University of Manitoba and is a member of the Chartered Professional Accountants of Manitoba and Canada. Ms. Kraayeveld was elected an FCA by the Institute of Chartered Accountants of Manitoba in 1990. Prior to her retirement from public practice in 2008, Ms. Kraayeveld was a tax partner with PricewaterhouseCoopers LLP, providing tax and business advisory services to public and private clients in a broad range of industries. In addition, Ms. Kraayeveld served terms as the Managing Partner of the Winnipeg Office of Coopers Lybrand, as the Partner in Charge of the Winnipeg tax practice of PricewaterhouseCoopers LLP and as a member of the Partnership Board of each of these firms since 2011.
Age 67
Tenure 14 years
Address 101-990 Lorimer Boulevard, Winnipeg, MB, Canada, R3P 0Z9
Phone204 982 1857
Webhttps://www.exchangeincomecorp.ca
Kraayeveld is a member of the ICD and received the ICD.D designation in 2008. Other past board positions have included the boards of CAA Manitoba, Institute of Chartered Accountants of Manitoba, Canadian Tax Foundation, United Way of Winnipeg, Manitoba Theatre Centre, Ducks Unlimited Canada and YWCA of Winnipeg.

Exchange Income Management Efficiency

The company has return on total asset (ROA) of 0.0462 % which means that it generated a profit of $0.0462 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0968 %, meaning that it generated $0.0968 on every $100 dollars invested by stockholders. Exchange Income's management efficiency ratios could be used to measure how well Exchange Income manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of February 2025, Return On Assets is likely to grow to 0.04, while Return On Tangible Assets are likely to drop 0.05. At this time, Exchange Income's Net Tangible Assets are very stable compared to the past year. As of the 1st of February 2025, Other Assets is likely to grow to about 17.9 M, while Return On Tangible Assets are likely to drop 0.05.
Exchange Income has accumulated 2.01 B in total debt with debt to equity ratio (D/E) of 1.73, which is about average as compared to similar companies. Exchange Income has a current ratio of 2.23, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Exchange Income until it has trouble settling it off, either with new capital or with free cash flow. So, Exchange Income'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 Exchange Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Exchange to invest in growth at high rates of return. When we think about Exchange Income's use of debt, we should always consider it together with cash and equity.

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Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. Exchange Income Corporation is headquartered in Winnipeg, Canada. EXCHANGE INCOME operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. Exchange Income (EIF) is traded on Toronto Exchange in Canada and employs 31 people. Exchange Income is listed under Passenger Airlines category by Fama And French industry classification.

Management Performance

Exchange Income Leadership Team

Elected by the shareholders, the Exchange Income's board of directors comprises two types of representatives: Exchange Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Exchange. The board's role is to monitor Exchange Income's management team and ensure that shareholders' interests are well served. Exchange Income'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, Exchange Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Buckley, Independent Director
Duncan QC, Executive Chairman
Michael MBA, CEO Director
David White, Executive Vice President - Aviation
Melissa Sonberg, Independent Director
QC LLB, President
LLB QC, President
Grace Schalkwyk, Independent Director
Michael Pyle, CEO, Director, Member of Aviation Sector Committee, Member of Manufacturing Sector Committee and Member of Disclosure and Competition Committee
Donald Streuber, Independent Director
Brad Bennett, Independent Director
Gary Filmon, Independent Chairman of the Board
Travis Muhr, Chief Officer
Duncan Jessiman, Executive Vice Chairman of the Board
Doron Marom, CEO of Regional One, Inc
Dianne Spencer, Corporate Secretary
Darwin Sparrow, Chief Operating Officer
Darren Francis, CEO LP
Carmele Peter, Chief Administrative Officer
Hank Gibson, I One
Polly Craik, Independent Director
Curtis Anderson, Chief Officer
Pam Plaster, Vice Development
Brian Chafe, CEO of Provincial Aerospace Ltd
Serena Kraayeveld, Independent Director
Richard Wowryk, Chief Officer
Darryl Bergman, Chief Financial Officer
MBA MBA, CEO Director
Steven Stennett, Chief Officer
Edward Warkentin, Independent Director
Adam Terwin, Chief Corporate Development Officer

Exchange 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 Exchange Income 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 Exchange Income

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 Exchange Income 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 Exchange Income will appreciate offsetting losses from the drop in the long position's value.

Moving against Exchange Stock

  0.58PSLV Sprott Physical SilverPairCorr
  0.53SPPP Sprott Physical PlatinumPairCorr
  0.31CEF Sprott Physical GoldPairCorr
The ability to find closely correlated positions to Exchange Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Income 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 Exchange Income - 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 Exchange Income to buy it.
The correlation of Exchange Income 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 Exchange Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Income 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 Exchange Income 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 Exchange Stock

Exchange Income financial ratios help investors to determine whether Exchange 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 Exchange with respect to the benefits of owning Exchange Income security.