Phillip Burns - European Residential CEO Trustee

ERE-UN Stock  CAD 3.63  0.02  0.55%   

Insider

Phillip Burns is CEO Trustee of European Residential Real
Age 55
Address 11 Church Street, Toronto, ON, Canada, M5E 1W1
Phone416 861 9404
Webhttps://www.eresreit.com

European Residential Management Efficiency

The company has return on total asset (ROA) of 0.0251 % which means that it generated a profit of $0.0251 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1095) %, meaning that it generated substantial loss on money invested by shareholders. European Residential's management efficiency ratios could be used to measure how well European Residential manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.06. The current year's Return On Capital Employed is expected to grow to -0.0053. At present, European Residential's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 2.8 M, whereas Total Assets are forecasted to decline to about 1.2 B.
European Residential Real has accumulated 992.49 M in total debt with debt to equity ratio (D/E) of 2.56, implying the company greatly relies on financing operations through barrowing. European Residential Real has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist European Residential until it has trouble settling it off, either with new capital or with free cash flow. So, European Residential'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 European Residential Real sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for European to invest in growth at high rates of return. When we think about European Residential's use of debt, we should always consider it together with cash and equity.

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ERES is an unincorporated, open-ended real estate investment trust. ERESs registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1. EUROPEAN RESIDENTIAL operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange. European Residential Real (ERE-UN) is traded on Toronto Exchange in Canada and employs 4 people. European Residential is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

European Residential Real Leadership Team

Elected by the shareholders, the European Residential's board of directors comprises two types of representatives: European Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of European. The board's role is to monitor European Residential's management team and ensure that shareholders' interests are well served. European Residential'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, European Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phillip Burns, CEO Trustee
Corinne Pruzanski, General Secretary
Jenny Chou, Chief Officer
Mark Kenney, CEO President

European 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 European Residential 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 European Residential

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 European Residential 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 European Residential will appreciate offsetting losses from the drop in the long position's value.

Moving against European Stock

  0.75AEMC Alaska Energy MetalsPairCorr
  0.37CMC Cielo Waste SolutionsPairCorr
The ability to find closely correlated positions to European Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Residential 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 European Residential - 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 European Residential Real to buy it.
The correlation of European Residential 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential Real 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 European Residential 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 European Stock

European Residential financial ratios help investors to determine whether European 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 European with respect to the benefits of owning European Residential security.