Ali Mir - Extendicare Vice President - ParaMed Operations

EXE Stock  CAD 10.54  0.21  2.03%   

Insider

Ali Mir is Vice President - ParaMed Operations of Extendicare since 2019.
Tenure 5 years
Address 3000 Steeles Avenue East, Markham, ON, Canada, L3R 4T9
Phone905 470 4000
Webhttps://www.extendicare.com

Extendicare Management Efficiency

The company has return on total asset (ROA) of 0.0716 % which means that it generated a profit of $0.0716 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.6 %, meaning that it generated $0.6 on every $100 dollars invested by stockholders. Extendicare's management efficiency ratios could be used to measure how well Extendicare manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Extendicare's Return On Tangible Assets are very stable compared to the past year. As of the 27th of November 2024, Return On Capital Employed is likely to grow to 0.26, while Return On Equity is likely to drop 0.30. At this time, Extendicare's Fixed Asset Turnover is very stable compared to the past year. As of the 27th of November 2024, Return On Assets is likely to grow to 0.05, while Non Currrent Assets Other are likely to drop about 33.2 M.
Extendicare has accumulated 334.52 M in total debt with debt to equity ratio (D/E) of 6.07, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Extendicare has a current ratio of 1.02, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Extendicare until it has trouble settling it off, either with new capital or with free cash flow. So, Extendicare'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 Extendicare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Extendicare to invest in growth at high rates of return. When we think about Extendicare's use of debt, we should always consider it together with cash and equity.
Extendicare Inc. provides care and services for seniors in Canada. Extendicare Inc. was founded in 1968 and is based in Markham, Canada. EXTENDICARE INC operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. It employs 22800 people. Extendicare (EXE) is traded on Toronto Exchange in Canada and employs 27 people. Extendicare is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Extendicare Leadership Team

Elected by the shareholders, the Extendicare's board of directors comprises two types of representatives: Extendicare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Extendicare. The board's role is to monitor Extendicare's management team and ensure that shareholders' interests are well served. Extendicare'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, Extendicare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ali Mir, Vice President - ParaMed Operations
Samir Manji, Independent Director
Brent Houlden, Independent Director
Kathryn Bradley, Vice Development
MBA MD, President CEO
Amie Vahrmeyer, Vice ON
Jillian Fountain, Vice President - Investor Relations
Liselie Sarauer, Chief Human Resource Officer, Senior Vice President
Katie LeMoyne, Senior Officer
Bruce Wienberg, VP Care
Elaine Everson, Vice President - Corporate Development
Danielle Parr, Vice Affairs
Sandra Hanington, Independent Director
Wendy Gilmour, Senior Operations
Lisa Pearson, VP Affairs
Alan Hibben, Independent Director
David Bacon, Chief Financial Officer, Senior Vice President
Matthew Morgan, Chief Officer
Leslie Sarauer, VP Officer
Donna Kingelin, Independent Director
Joe Belinsky, VP Officer
Alan Torrie, Independent Chairman of the Board
Michael Guerriere, President, Chief Executive Officer, Director
Norma Beauchamp, Independent Director
John Toffoletto, Senior Vice President Chief Legal Officer and Corporate Secretary
Steve Paraskevopoulos, Senior CTO
Aladin Mawani, Independent Director

Extendicare 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 Extendicare 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 Extendicare

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

Moving together with Extendicare Stock

  0.72TRP TC Energy CorpPairCorr
  0.84MFC Manulife Financial CorpPairCorr

Moving against Extendicare Stock

  0.46AQN Algonquin Power UtilitiesPairCorr
The ability to find closely correlated positions to Extendicare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extendicare 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 Extendicare - 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 Extendicare to buy it.
The correlation of Extendicare 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 Extendicare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extendicare 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 Extendicare 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 Extendicare Stock

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