James Carter - Finning International Independent Director

FTT Stock  CAD 36.80  0.36  0.97%   

Director

Mr. James Edward Clarke Carter is Independent Director of Finning International Inc. He is a Corporationrationrate Director. Mr. Carter retired from Syncrude Canada Ltd. in 2007 after 28 years, including 10 years as President and 18 years as Operations Chief. He currently serves on the Boards of Directors of Irving Oil Limited, Brand Energy and Industrial Services, Alberta Treasury Branch Financial, Alberta Treasury Branch Investor Services and EllisDon Construction Services Inc. Mr. Carter serves as board chair of Careers The Next Generation, a notforprofit organization. He is a former Chair of the Mining Association of Canada and Board member of The Alberta Chamber of Resources. In June 2014 Mr. Carter was awarded the Order of Canada. Mr. Carter is a registered professional engineer in the Province of Alberta and a Fellow of the Canadian Academy of Engineering. He holds a Bachelor of Engineering degree from the Technical University of Nova Scotia and is a graduate of the Advanced Management Program at Harvard Graduate School of Business Administration in Boston, Massachusetts since 2007.
Age 69
Tenure 17 years
Professional MarksPh.D
Address 19100 94 Avenue, Surrey, BC, Canada, V4N 5C3
Phone604 691 6444
Webhttps://www.finning.com
Carter has also been awarded honourary doctorates by three Canadian universities.

James Carter Latest Insider Activity

Tracking and analyzing the buying and selling activities of James Carter against Finning International stock is an integral part of due diligence when investing in Finning International. James Carter insider activity provides valuable insight into whether Finning International is net buyers or sellers over its current business cycle. Note, Finning International insiders must abide by specific rules, including filing SEC forms every time they buy or sell Finning International'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Finning International Management Efficiency

The company has return on total asset (ROA) of 0.0675 % which means that it generated a profit of $0.0675 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.176 %, meaning that it generated $0.176 on every $100 dollars invested by stockholders. Finning International's management efficiency ratios could be used to measure how well Finning International manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Finning International'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 0.07, while Return On Capital Employed is likely to drop 0.15. At this time, Finning International's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.37, while Total Assets are likely to drop about 4.5 B.
Finning International has accumulated 2.7 B in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. Finning International has a current ratio of 1.86, which is within standard range for the sector. Debt can assist Finning International until it has trouble settling it off, either with new capital or with free cash flow. So, Finning 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 Finning International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Finning to invest in growth at high rates of return. When we think about Finning International's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Donald LowryStantec
67
Erik OlssonRitchie Bros Auctioneers
57
Amy GuggenheimShenkanRitchie Bros Auctioneers
54
Wayne HillToromont Industries
72
Christopher ZimmermanRitchie Bros Auctioneers
59
Richard RoyToromont Industries
63
CM FCATranscontinental
84
James GillToromont Industries
69
Cathryn CranstonToromont Industries
59
Katherine RethyToromont Industries
62
Shelley BrownStantec
62
Sarah RaissRitchie Bros Auctioneers
61
Patricia GallowayStantec
61
Richard BradeenStantec
62
MarieLucie MorinStantec
61
Robert EltonRitchie Bros Auctioneers
67
Jeffrey ChisholmToromont Industries
70
Finning International Inc. engages in selling, servicing, and renting heavy equipment, and power and energy systems in Canada, the United States, South America, the United Kingdom, and Ireland. Finning International Inc. was founded in 1933 and is headquartered in Vancouver, Canada. FINNING INTL operates under Industrial Distribution classification in Canada and is traded on Toronto Stock Exchange. It employs 13188 people. Finning International (FTT) is traded on Toronto Exchange in Canada and employs 29 people. Finning International is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Finning International Leadership Team

Elected by the shareholders, the Finning International's board of directors comprises two types of representatives: Finning International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Finning. The board's role is to monitor Finning International's management team and ensure that shareholders' interests are well served. Finning 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, Finning International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Juan Amar, President Finning South America
Dori Assaly, Senior Secretary
H Murdoch, General Counsel, Corporate Secretary
CPA CMA, VP Canada
L Thomson, President, Chief Executive Officer, Director
Jacynthe Cote, Independent Director
Vicki AvrilGroves, Independent Director
Russell Day, Senior Development
Nicholas Hartery, Independent Director
Kieran Holm, Executive Equipment
Stuart Levenick, Independent Director
Alexandre Zanelatto, Executive Chain
Anna Marks, Senior Vice President, Corporate Controller, Treasurer
David Cummings, Executive Vice President, Chief Digital Officer
Jane Murdoch, General Counsel, Secretary
Amanda Hobson, Senior Vice President - Investor Relations and Treasury
Kevin Parkes, Managing Director, Director
Harold Kvisle, Non-Executive Chairman of the Board
Tim Ferwerda, Managing Business
David Primrose, Managing Director - Finning U.K. and Ireland
Elisha McCallum, Director Communications
Chad Hiley, Chief Human Resource Officer
Christopher Patterson, Independent Director
Kathleen ONeill, Independent Director
Greg Palaschuk, Vice President Treasurer
Andres Kuhlmann, Independent Director
Mary Kelley, Independent Director
Edward Seraphim, Independent Director
James Carter, Independent Director

Finning 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 Finning 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 Finning 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 Finning 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 Finning International will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Finning 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 Finning 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 Finning 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 Finning International to buy it.
The correlation of Finning 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 Finning International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Finning 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 Finning 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 Finning Stock

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