Mohammad Awada - Goodfood Market Ex Execution

FOOD Stock  CAD 0.44  0.01  2.33%   

Insider

Mohammad Awada is Ex Execution of Goodfood Market Corp
Address 4600 Hickmore Street, Saint-Laurent, QC, Canada, H4T 1K2
Phone855 515 5191
Webhttps://www.makegoodfood.ca

Goodfood Market Management Efficiency

The company has return on total asset (ROA) of 0.0161 % which means that it generated a profit of $0.0161 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (5.6495) %, meaning that it generated substantial loss on money invested by shareholders. Goodfood Market's management efficiency ratios could be used to measure how well Goodfood Market manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.19. In addition to that, Return On Capital Employed is likely to drop to -0.22. At this time, Goodfood Market's Other Current Assets are very stable compared to the past year. As of the 25th of November 2024, Intangible Assets is likely to grow to about 3.4 M, while Total Assets are likely to drop about 153.3 K.
Goodfood Market Corp has accumulated 59.15 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Goodfood Market Corp has a current ratio of 2.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Goodfood Market until it has trouble settling it off, either with new capital or with free cash flow. So, Goodfood Market'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 Goodfood Market Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodfood to invest in growth at high rates of return. When we think about Goodfood Market's use of debt, we should always consider it together with cash and equity.

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Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. Goodfood Market Corp. is headquartered in Saint-Laurent, Canada. GOODFOOD MARKET is traded on Toronto Stock Exchange in Canada. Goodfood Market Corp (FOOD) is traded on Toronto Exchange in Canada and employs 780 people. Goodfood Market is listed under Diversified Consumer Services category by Fama And French industry classification.

Management Performance

Goodfood Market Corp Leadership Team

Elected by the shareholders, the Goodfood Market's board of directors comprises two types of representatives: Goodfood Market inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodfood. The board's role is to monitor Goodfood Market's management team and ensure that shareholders' interests are well served. Goodfood Market'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, Goodfood Market's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Roiter, Chief Officer
Jonathan Ferrari, Chairman of the Board, CEO
Raffi Krikorian, Executive Chain
Simon Brown, Executive Merchandising
Jennifer Stahlke, Executive Happiness
Bipasha Chiu, Chief Officer
Roslane Aouameur, Chief Officer
Mohammad Awada, Ex Execution
Neil Cuggy, President COO, Director

Goodfood 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 Goodfood Market 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 Goodfood Market

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

Moving together with Goodfood Stock

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  0.79RY-PS Royal BankPairCorr
The ability to find closely correlated positions to Goodfood Market could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodfood Market 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 Goodfood Market - 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 Goodfood Market Corp to buy it.
The correlation of Goodfood Market 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 Goodfood Market moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodfood Market Corp 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 Goodfood Market 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 Goodfood Stock

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