Geoffrey Bledin - Firm Capital Independent Director

FC Stock  CAD 11.56  0.08  0.70%   

Director

Mr. Geoffrey Bledin is an Independent Director of Firm Capital Mortgage Investment Corporationrationsince 2008. He was the past President and Chief Executive Officer of The Equitable Trust Company from 1990 to 2007 . Prior to 1990 Mr. Bledin was a partner at Price Waterhouse. Mr. Bledin is also a Trustee of Firm Capital Property Trust since 2008.
Tenure 16 years
Address 163 Cartwright Avenue, Toronto, ON, Canada, M6A 1V5
Phone416-635-0221
Webhttps://firmcapital.com/fcmic

Firm Capital Management Efficiency

The company has return on total asset (ROA) of 0.0559 % which means that it generated a profit of $0.0559 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0833 %, meaning that it generated $0.0833 on every $100 dollars invested by stockholders. Firm Capital's management efficiency ratios could be used to measure how well Firm Capital manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Firm Capital's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.09. At this time, Firm Capital's Total Current Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.06, while Total Assets are likely to drop about 462.3 M.
Firm Capital Mortgage has accumulated 182.8 M in total debt with debt to equity ratio (D/E) of 0.64, which is about average as compared to similar companies. Firm Capital Mortgage has a current ratio of 7.38, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Firm Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Firm Capital'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 Firm Capital Mortgage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Firm to invest in growth at high rates of return. When we think about Firm Capital's use of debt, we should always consider it together with cash and equity.

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Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, provides residential and commercial real estate finance in Canada. The company was founded in 1988 and is based in Toronto, Canada. FIRM CAPITAL operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. Firm Capital Mortgage (FC) is traded on Toronto Exchange in Canada and employs 18 people. Firm Capital is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

Firm Capital Mortgage Leadership Team

Elected by the shareholders, the Firm Capital's board of directors comprises two types of representatives: Firm Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Firm. The board's role is to monitor Firm Capital's management team and ensure that shareholders' interests are well served. Firm Capital'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, Firm Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Keith Ray, Independent Director
Joe Oliver, Independent Director
Lawrence Shulman, Independent Director
Edward Gilbert, Director
Geoffrey Bledin, Independent Director
MFin CFA, Internal Secretary
Michael Warner, Senior Director
Anthony Heller, Independent Director, Member of Audit Committee and Member of Investment Committee
Eli Dadouch, President, Chief Executive Officer, Director
Sandy Poklar, Executive Vice President, Managing Director - Finance
Victoria Granovski, Senior Vice President Credit and Equity Capital and Director
Jonathan Mair, Chief Operating Officer, Executive Vice President, Director
Ryan Lim, Chief Officer
Morris Fischtein, Independent Director, Member of Audit Committee and Member of Investment Committee
Stanley Goldfarb, Independent Chairman of the Board
Francis Newbould, Independent Director
Joseph Fried, General Counsel, Secretary
Boris Baril, Chief Financial Officer

Firm 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 Firm Capital 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 Firm Capital

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

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