Philippe Violle - Foraco International Vice Services

FAR Stock  CAD 2.11  0.04  1.86%   

Executive

Philippe Violle is Vice Services of Foraco International SA
Address 26 Plage de l?Estaque, Marseille, France, 13016
Phone33 4 96 15 13 60
Webhttps://foraco.com

Foraco International Management Efficiency

The company has return on total asset (ROA) of 0.1104 % which means that it generated a profit of $0.1104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2805 %, meaning that it generated $0.2805 on every $100 dollars invested by stockholders. Foraco International's management efficiency ratios could be used to measure how well Foraco International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.14. Also, Return On Capital Employed is likely to grow to 0.38. At this time, Foraco International's Non Current Assets Total are very stable compared to the past year. As of the 28th of November 2024, Intangible Assets is likely to grow to about 532.4 K, while Total Assets are likely to drop about 247.8 M.
Foraco International SA has accumulated 99.49 M in total debt with debt to equity ratio (D/E) of 380.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Foraco International has a current ratio of 1.5, which is within standard range for the sector. Debt can assist Foraco International until it has trouble settling it off, either with new capital or with free cash flow. So, Foraco International'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 Foraco International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foraco to invest in growth at high rates of return. When we think about Foraco International's use of debt, we should always consider it together with cash and equity.

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Foraco International SA provides drilling services to mining and water projects worldwide. The company was founded in 1997 and is headquartered in Marseille, France. FORACO INTERNATIONAL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 2074 people. Foraco International SA (FAR) is traded on Toronto Exchange in Canada and employs 2,100 people. Foraco International is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Foraco International Leadership Team

Elected by the shareholders, the Foraco International's board of directors comprises two types of representatives: Foraco International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Foraco. The board's role is to monitor Foraco International's management team and ensure that shareholders' interests are well served. Foraco International'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, Foraco International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Bremner, Sr. VP of North America
Daniel Simoncini, Chairman and CEO
Olivier Demesy, Vice President Brazil
Fabien Sevestre, Deputy Officer
Peter Jacobs, Sr. VP of Asia Pacific
JeanPierre Charmensat, Co-CEO, Acting CFO, Director
Philippe Violle, Vice Services
Laurence Mahieux, Corporate Counsel

Foraco 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 Foraco International 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 Foraco International

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

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