Farhan Khan - Goeasy Executive Officer

GSY Stock  CAD 170.88  1.40  0.81%   

Executive

Farhan Khan is Executive Officer of goeasy
Address 33 City Centre Drive, Mississauga, ON, Canada, L5B 2N5
Phone844 446 3279
Webhttps://www.goeasy.com

Goeasy Management Efficiency

The company has return on total asset (ROA) of 0.0643 % which means that it generated a profit of $0.0643 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2575 %, meaning that it generated $0.2575 on every $100 dollars invested by stockholders. Goeasy's management efficiency ratios could be used to measure how well Goeasy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Equity is likely to grow to 0.25, while Return On Tangible Assets are likely to drop 0.05. At this time, Goeasy's Intangibles To Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.71, though Non Currrent Assets Other are likely to grow to (3.9 B).
goeasy has accumulated 2.89 B in total debt with debt to equity ratio (D/E) of 2.21, implying the company greatly relies on financing operations through barrowing. goeasy has a current ratio of 12.23, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Goeasy until it has trouble settling it off, either with new capital or with free cash flow. So, Goeasy'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 goeasy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goeasy to invest in growth at high rates of return. When we think about Goeasy's use of debt, we should always consider it together with cash and equity.

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goeasy Ltd. provides loans and other financial services to consumers in Canada. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was founded in 1990 and is headquartered in Mississauga, Canada. GOEASY operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. goeasy (GSY) is traded on Toronto Exchange in Canada and employs 2,500 people. Goeasy is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

goeasy Leadership Team

Elected by the shareholders, the Goeasy's board of directors comprises two types of representatives: Goeasy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goeasy. The board's role is to monitor Goeasy's management team and ensure that shareholders' interests are well served. Goeasy'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, Goeasy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sabrina Anzini, Vice President - Legal
Hal Khouri, CFO, Executive Vice President
Jackie Foo, Executive COO
Mark Schell, Chief LendCare
Jason Appel, Senior Vice President - Risk and Analytics
Farhan Khan, Executive Officer
Patrick Ens, President Easyhome
Hal CPA, CFO VP
Bryan Tritt, VP Relations
Michael Eubanks, Executive Officer
Ali Metel, President LendCare
Andrea Fiederer, Chief Marketing Officer and Sr. VP
David Ingram, CEO and President and Director
Jason Mullins, COO and Executive VP
Steven Poole, Senior Merchandising

Goeasy 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 Goeasy 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 Goeasy

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

Moving against Goeasy Stock

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

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