Keith Stephen - Granite Real Vice Environment

GRT-UN Stock  CAD 73.93  0.14  0.19%   

Executive

Keith Stephen is Vice Environment of Granite Real Estate
Address Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1H1
Phone647 925 7500
Webhttps://www.granitereit.com

Granite Real Management Efficiency

The company has return on total asset (ROA) of 0.0283 % which means that it generated a profit of $0.0283 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.057 %, meaning that it generated $0.057 on every $100 dollars invested by stockholders. Granite Real's management efficiency ratios could be used to measure how well Granite Real manages its routine affairs as well as how well it operates its assets and liabilities. At present, Granite Real's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.05, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Granite Real's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 9.4 B, whereas Total Current Assets are forecasted to decline to about 144.1 M.
Granite Real Estate has accumulated 3.1 B in total debt with debt to equity ratio (D/E) of 46.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Granite Real Estate has a current ratio of 7.11, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Granite Real until it has trouble settling it off, either with new capital or with free cash flow. So, Granite Real'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 Granite Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Granite to invest in growth at high rates of return. When we think about Granite Real's use of debt, we should always consider it together with cash and equity.

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Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns 85 investment properties representing approximately 35 million square feet of leasable area. GRANITE REAL operates under REIT - Industrial classification in Canada and is traded on Toronto Stock Exchange. It employs 44 people. Granite Real Estate (GRT-UN) is traded on Toronto Exchange in Canada and employs 69 people. Granite Real is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Granite Real Estate Leadership Team

Elected by the shareholders, the Granite Real's board of directors comprises two types of representatives: Granite Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Granite. The board's role is to monitor Granite Real's management team and ensure that shareholders' interests are well served. Granite Real'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, Granite Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Teresa CA, Chief Officer
P ICDD, CEO President
Jon Sorg, Senior US
Michael Ramparas, Executive Investments
Kristy Boys, Senior Finance
Lawrence Clarfield, General VP
Keith Stephen, Vice Environment
Andrea Sanelli, Manager Services
Lorne Kumer, Executive Estate
Gregory Avioli, CEO Division
Witsard Schaper, Senior Europe
Stephanie Karamarkovic, Vice Reporting
Don Mathew, Real VP

Granite 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 Granite Real 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 Granite Real

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 Granite Real 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 Granite Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Granite Stock

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

Granite Real financial ratios help investors to determine whether Granite 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 Granite with respect to the benefits of owning Granite Real security.