Shawn Thompson - Firan Technology Chatsworth Aerospace

FTG Stock  CAD 7.50  0.11  1.45%   

Insider

Shawn Thompson is Chatsworth Aerospace of Firan Technology Group
Address 250 Finchdene Square, Toronto, ON, Canada, M1X 1A5
Phone416 299 4000
Webhttps://www.ftgcorp.com

Firan Technology Management Efficiency

The company has return on total asset (ROA) of 0.077 % which means that it generated a profit of $0.077 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1685 %, meaning that it generated $0.1685 on every $100 dollars invested by stockholders. Firan Technology's management efficiency ratios could be used to measure how well Firan Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to -0.06. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Firan Technology's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 62.4 M, while Non Currrent Assets Other are likely to drop about 728.7 K.
Firan Technology Group has accumulated 35.18 M in total debt with debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from borrowing. Firan Technology has a current ratio of 2.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Firan Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Firan Technology'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 Firan Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Firan to invest in growth at high rates of return. When we think about Firan Technology's use of debt, we should always consider it together with cash and equity.

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Firan Technology Group Corporation manufactures and sells printed circuit boards, illuminated cockpit display panels, and keyboards primarily in Canada, the United States, Asia, Europe, and rest of Americas. Firan Technology Group Corporation was founded in 1983 and is headquartered in Toronto, Canada. FIRAN TECHNOLOGY operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 450 people. Firan Technology Group (FTG) is traded on Toronto Exchange in Canada and employs 6 people. Firan Technology is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

Firan Technology Leadership Team

Elected by the shareholders, the Firan Technology's board of directors comprises two types of representatives: Firan Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Firan. The board's role is to monitor Firan Technology's management team and ensure that shareholders' interests are well served. Firan Technology'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, Firan Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Crichton, VP CFO
Bradley Bourne, CEO and President and Director
Leo LaCroix, Executive Circuits
Shawn Thompson, Chatsworth Aerospace
Hardeep Heer, CTO and VP of Engineering
Andre Khachatourians, Vice President General Manager - FTG Circuits and FTG Aerospace – Chatsworth

Firan 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 Firan Technology 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 Firan Technology

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

Moving together with Firan Stock

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Moving against Firan Stock

  0.37VZ Verizon CommunicationsPairCorr
The ability to find closely correlated positions to Firan Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firan Technology 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 Firan Technology - 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 Firan Technology Group to buy it.
The correlation of Firan Technology 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 Firan Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firan Technology 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 Firan Technology 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 Firan Stock

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