Victor Diab - Leons Furniture Chief Officer

LNF Stock  CAD 26.56  0.22  0.82%   

Executive

Victor Diab is Chief Officer of Leons Furniture Limited
Address 45 Gordon Mackay Road, Toronto, ON, Canada, M9N 3X3
Phone416 243 7880
Webhttps://www.leons.ca

Leons Furniture Management Efficiency

The company has return on total asset (ROA) of 0.0535 % which means that it generated a profit of $0.0535 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1272 %, meaning that it generated $0.1272 on every $100 dollars invested by stockholders. Leons Furniture's management efficiency ratios could be used to measure how well Leons Furniture manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.12. Also, Return On Capital Employed is likely to grow to 0.20. At this time, Leons Furniture's Non Current Assets Total are very stable compared to the past year. As of the 22nd of November 2024, Non Currrent Assets Other is likely to grow to about 23.8 M, while Total Assets are likely to drop about 1.1 B.
Leons Furniture Limited has accumulated 453.93 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. Leons Furniture has a current ratio of 1.25, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Leons Furniture until it has trouble settling it off, either with new capital or with free cash flow. So, Leons Furniture'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 Leons Furniture sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leons to invest in growth at high rates of return. When we think about Leons Furniture's use of debt, we should always consider it together with cash and equity.

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Leons Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. Leons Furniture Limited was founded in 1909 and is headquartered in Toronto, Canada. LEONS FURNITURE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 8599 people. Leons Furniture Limited (LNF) is traded on Toronto Exchange in Canada and employs 8,468 people. Leons Furniture is listed under Other Specialty Retail category by Fama And French industry classification.

Management Performance

Leons Furniture Leadership Team

Elected by the shareholders, the Leons Furniture's board of directors comprises two types of representatives: Leons Furniture inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Leons. The board's role is to monitor Leons Furniture's management team and ensure that shareholders' interests are well served. Leons Furniture'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, Leons Furniture's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Leon, Independent Chairman of the Board
Luke Leon, Vice Strategy
Daniel Leon, VicePres Ltd
Joseph Leon, Independent corporate director
Dave Freeman, President - Brick division
Victor Diab, Chief Officer
Frank Gagliano, Independent Corporate Director
Mary Leon, Independent Director
Constantine Pefanis, Chief Financial Officer
Peter Eby, Independent Director
Terrence Leon, CEO, Director and Member of Compensation Committee
Edward Leon, President, Chief Operating Officer, Director
John Cooney, Vice President, Legal, and Corporate Secretary
Michael Walsh, President - Leon's Division
Lewis Leon, President Division
Alan Lenczner, Independent Director
Darci Walker, President Brick
Graeme Leon, VP of Merchandising for the Leon's Division

Leons 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 Leons Furniture 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 Leons Furniture

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

Moving against Leons Stock

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

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