Marvin Haasen - Madison Pacific CEO

MPC Stock  CAD 5.30  0.00  0.00%   

CEO

Mr. Marvin G. Haasen is President, Chief Executive Officer, Director of Madison Pacific Properties Inc since 2012.
Tenure 12 years
Address 389 West 6th Avenue, Vancouver, BC, Canada, V5Y 1L1
Phone604 732 6540
Webhttps://madisonpacific.ca
Haasen has over 27 years of experience in the real estate industry. Upon finishing his education, Mr. Haasen spent 12 years working in Toronto for prominent real estate developers and investors. In 1994 he joined Lend Lease Real Estate Investments where he spent 12 years in Canada and Asia, most recently as Director of Acquisitions and Fund Manager for a $350 million real estate fund. In 2006 Mr. Haasen relocated to Vancouver, where he set up his own real estate advisory firm, assisting high net worth individuals invest in commercial real estate. He holds an Honours Bachelor degree from the University of Western Ontario and a Masters in Business Administration from the University of Toronto.

Madison Pacific Management Efficiency

The company has return on total asset (ROA) of 0.0201 % which means that it generated a profit of $0.0201 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0983) %, meaning that it generated substantial loss on money invested by shareholders. Madison Pacific's management efficiency ratios could be used to measure how well Madison Pacific manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.1. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Madison Pacific's Fixed Asset Turnover is very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.1, while Total Assets are likely to drop about 403.2 M.
Madison Pacific Properties has accumulated 302.91 M in total debt with debt to equity ratio (D/E) of 67.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Madison Pacific Prop has a current ratio of 1.53, which is within standard range for the sector. Debt can assist Madison Pacific until it has trouble settling it off, either with new capital or with free cash flow. So, Madison Pacific'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 Madison Pacific Prop sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Madison to invest in growth at high rates of return. When we think about Madison Pacific's use of debt, we should always consider it together with cash and equity.

Similar Executives

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CEO Age

Navjeet DhillonMainstreet Equity Corp
John DeLucchiMadison Pacific Properties
N/A
Madison Pacific Properties Inc., together with its subsidiaries, owns, develops, and manages office, industrial, commercial, and retail real estate properties in Metro Vancouver region, British Columbia, Alberta, and Ontario. Madison Pacific Properties Inc. was founded in 1963 and is headquartered in Vancouver, Canada. MADISON PAC operates under Real Estate Services classification in Canada and is traded on Toronto Stock Exchange. It employs 10 people. Madison Pacific Properties (MPC) is traded on Toronto Exchange in Canada and employs 11 people. Madison Pacific is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Madison Pacific Prop Leadership Team

Elected by the shareholders, the Madison Pacific's board of directors comprises two types of representatives: Madison Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Madison. The board's role is to monitor Madison Pacific's management team and ensure that shareholders' interests are well served. Madison Pacific'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, Madison Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
John DeLucchi, CEO President
Marvin Haasen, CEO and President Director and Member of Corporate Governance Committee
Bernice Yip, CFO Secretary
Nathan Worbets, Senior Development

Madison 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 Madison Pacific 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 Madison Pacific

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

Moving together with Madison Stock

  0.62NVDA NVIDIA CDRPairCorr

Moving against Madison Stock

  0.35BA BOEING CDRPairCorr
The ability to find closely correlated positions to Madison Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Pacific 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 Madison Pacific - 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 Madison Pacific Properties to buy it.
The correlation of Madison Pacific 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 Madison Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Pacific Prop 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 Madison Pacific 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 Madison Stock

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