Dave CPM - InterRent Real Chief Officer

IIP-UN Stock  CAD 10.80  0.04  0.37%   

Insider

Dave CPM is Chief Officer of InterRent Real Estate
Address 485 Bank Street, Ottawa, ON, Canada, K2P 1Z2
Phone613 569 5699
Webhttps://www.interrentreit.com

InterRent Real Management Efficiency

The company has return on total asset (ROA) of 0.0211 % which means that it generated a profit of $0.0211 on every $100 spent on assets. This is way below average. InterRent Real's management efficiency ratios could be used to measure how well InterRent Real manages its routine affairs as well as how well it operates its assets and liabilities. At present, InterRent Real's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Capital Employed is expected to grow to 0.04, whereas Return On Assets are forecasted to decline to 0.02. At present, InterRent 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 4.6 B, whereas Other Current Assets are projected to grow to (19.6 M).
InterRent Real Estate has accumulated 1.69 B in total debt with debt to equity ratio (D/E) of 0.44, which is about average as compared to similar companies. InterRent Real Estate has a current ratio of 1.43, which is within standard range for the sector. Debt can assist InterRent Real until it has trouble settling it off, either with new capital or with free cash flow. So, InterRent 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 InterRent Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for InterRent to invest in growth at high rates of return. When we think about InterRent Real's use of debt, we should always consider it together with cash and equity.

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InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRents primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties to provide Unitholders with sustainable and growing cash distributions, payable monthly and to maintain a conservative payout ratio and balance sheet. INTERRENT REAL operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange. It employs 4 people. InterRent Real Estate (IIP-UN) is traded on Toronto Exchange in Canada and employs 10 people. InterRent Real is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

InterRent Real Estate Leadership Team

Elected by the shareholders, the InterRent Real's board of directors comprises two types of representatives: InterRent Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of InterRent. The board's role is to monitor InterRent Real's management team and ensure that shareholders' interests are well served. InterRent 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, InterRent Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Asad Hanif, Vice Acquisitions
Michael McGahan, Executive Chairman
Catherine Hebert, Chief Officer
Craig Stewart, Vice Finance
Bradley CFA, CEO President
Dave CPM, Chief Officer
Will Chan, Chief Officer
Chris Willoughby, Vice Marketing
Renee Wei, Director Sustainability
Sandy CFA, Director Sustainability

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

Moving together with InterRent Stock

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Moving against InterRent Stock

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The ability to find closely correlated positions to InterRent 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 InterRent 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 InterRent 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 InterRent Real Estate to buy it.
The correlation of InterRent 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 InterRent Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InterRent 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 InterRent 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 InterRent Stock

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