Kenneth Norgrove - Intact Financial Chief UKI

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Preferred Stock . Intact Financial Corp . Stakeholders . Insider . Kenneth Norgrove
IFC-PE Preferred Stock  CAD 21.90  0.04  0.18%   

Executive

Kenneth Norgrove is Chief UKI of Intact Financial Corp
Age 55
Phone866 941 5094
Webhttps://www.intactfc.com

Intact Financial Management Efficiency

The company has return on total asset (ROA) of 0.0355 % which means that it generated a profit of $0.0355 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1293 %, meaning that it generated $0.1293 on every $100 dollars invested by stockholders. Intact Financial's management efficiency ratios could be used to measure how well Intact Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Intact Financial Corp has accumulated 5.74 B in total debt with debt to equity ratio (D/E) of 32.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Intact Financial Corp has a current ratio of 0.27, 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 Intact Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Intact 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 Intact Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Intact to invest in growth at high rates of return. When we think about Intact Financial's use of debt, we should always consider it together with cash and equity.

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Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada. INTACT FINANCIAL operates under Insurance - Property Casualty classification in Canada and is traded on Toronto Stock Exchange. It employs 14000 people. Intact Financial Corp (IFC-PE) is traded on Toronto Exchange in Canada and employs 30,000 people.

Management Performance

Return On Equity0.13
Return On Asset0.0355

Intact Financial Corp Leadership Team

Elected by the shareholders, the Intact Financial's board of directors comprises two types of representatives: Intact Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intact. The board's role is to monitor Intact Financial's management team and ensure that shareholders' interests are well served. Intact 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, Intact Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Miller, Chief Lines
Shubha Khan, Vice Relations
Anne Fortin, President Officer
Louis Marcotte, Executive CFO
Kenneth Anderson, Executive International
Carla Smith, Strategy People
Imen Zitouni, Senior Officer
Jennifer Beaudry, Ma Relations
Patrick Barbeau, Executive COO
Charles BSc, CEO Director
Louis MBA, Chief Canada
Frederic Cotnoir, Chief VP
David Tremblay, Deputy Inc
Kenneth Norgrove, Chief UKI

Intact Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Intact 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.
Return On Equity0.13
Return On Asset0.0355
Profit Margin0.07 %
Operating Margin0.17 %
Current Valuation8.74 B
Shares Outstanding139.19 M
Shares Owned By Institutions14.46 %
Number Of Shares Shorted15.46 K
Price To Earning4.63 X
Price To Sales0.55 X

Pair Trading with Intact 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 Intact 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 Intact Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Intact Preferred Stock

  0.93NRR-UN Northview ResidentialPairCorr

Moving against Intact Preferred Stock

  0.69FFN North American FinancialPairCorr
  0.57WCM-A Wilmington CapitalPairCorr
  0.41WINS Winshear Gold Corp Earnings Call TodayPairCorr
  0.39DGS Dividend Growth SplitPairCorr
  0.35DFN Dividend 15 SplitPairCorr
The ability to find closely correlated positions to Intact 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 Intact 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 Intact 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 Intact Financial Corp to buy it.
The correlation of Intact 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 Intact Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intact Financial Corp 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 Intact 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 Intact Preferred Stock

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