John Steep - US Financial Independent Director

FTU Stock  CAD 0.69  0.01  1.47%   

Director

Mr. John D. Steep is Independent Director of US Financial 15 Split Corporationration He is currently the President of S Factor Consulting Inc. Prior to retiring in 2002, Mr. Steep spent over 30 years in the financial services business and retired as a Senior VicePresident at a Canadian chartered bank.
Address 200 Front Street West, Toronto, ON, Canada, M5V 3K2
Phone416-304-4440
Webhttps://www.quadravest.com/#!usfinancial15-home/c1

US Financial Management Efficiency

The company has return on total asset (ROA) of (0.0605) % which means that it has lost $0.0605 on every $100 spent on assets. This is way below average. US Financial's management efficiency ratios could be used to measure how well US Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Equity is likely to grow to 0.35, though Return On Tangible Assets are likely to grow to (0.12). As of the 26th of November 2024, Total Assets is likely to drop to about 9.6 M. In addition to that, Non Current Assets Total is likely to drop to about 8.8 M
US Financial 15 has accumulated 11.07 M in total debt. US Financial 15 has a current ratio of 0.98, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist US Financial until it has trouble settling it off, either with new capital or with free cash flow. So, US Financial'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 US Financial 15 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FTU to invest in growth at high rates of return. When we think about US Financial's use of debt, we should always consider it together with cash and equity.

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US Financial 15 Split Corp is a closed ended equity mutual fund launched by Quadravest Inc. US Financial 15 Split Corp was formed on December 17, 2004 and is domiciled in Canada. US FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. US Financial 15 (FTU) is traded on Toronto Exchange in Canada and employs 6 people. US Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

US Financial 15 Leadership Team

Elected by the shareholders, the US Financial's board of directors comprises two types of representatives: US Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FTU. The board's role is to monitor US Financial's management team and ensure that shareholders' interests are well served. US Financial'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, US Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Laura Johnson, Secretary and Director
Michael Sharp, Director
Peter Cruickshank, CFO, Managing Director and Director
John Steep, Independent Director
William Thornhill, Independent Director
S Finch, Chairman of the Board, President, Chief Executive Officer

FTU 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 US Financial 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 US Financial

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 US Financial 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 US Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against FTU Stock

  0.85VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to US Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US Financial 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 US Financial - 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 US Financial 15 to buy it.
The correlation of US Financial 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 US Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US Financial 15 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 US Financial 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 FTU Stock

US Financial financial ratios help investors to determine whether FTU 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 FTU with respect to the benefits of owning US Financial security.