Susan BSc - Rubellite Energy President Chairman

RBY Stock   2.23  0.03  1.36%   

Chairman

Susan BSc is President Chairman of Rubellite Energy
Age 59
Address 605 ? 5 Avenue SW, Calgary, AB, Canada, T2P 3H5
Phone403-269-4400
Webhttps://rubelliteenergy.com

Rubellite Energy Management Efficiency

The company has return on total asset (ROA) of 0.0879 % which means that it generated a profit of $0.0879 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1106 %, meaning that it generated $0.1106 on every $100 dollars invested by stockholders. Rubellite Energy's management efficiency ratios could be used to measure how well Rubellite Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Capital Employed is likely to grow to 0.21, while Return On Tangible Assets are likely to drop 0.07. As of the 1st of December 2024, Other Current Assets is likely to grow to about 9.7 M, while Total Assets are likely to drop about 216.7 M.
Rubellite Energy has accumulated 29.32 M in total debt. Debt can assist Rubellite Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Rubellite Energy'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 Rubellite Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rubellite to invest in growth at high rates of return. When we think about Rubellite Energy's use of debt, we should always consider it together with cash and equity.
Rubellite Energy (RBY) is traded on Toronto Exchange in Canada and employs 5 people. Rubellite Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Rubellite Energy Leadership Team

Elected by the shareholders, the Rubellite Energy's board of directors comprises two types of representatives: Rubellite Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rubellite. The board's role is to monitor Rubellite Energy's management team and ensure that shareholders' interests are well served. Rubellite Energy'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, Rubellite Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan CFA, CFO Finance
Linda McKean, VP Devel
Susan BSc, President Chairman
Karlton Rumpf, Vice Ventures
Marcello Rapini, Vice Marketing

Rubellite 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 Rubellite Energy 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 Rubellite Energy

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

Moving against Rubellite Stock

  0.55ENB-PFV Enbridge Pref 5PairCorr
  0.48ENS E Split CorpPairCorr
  0.38ENB-PFU Enbridge Pref LPairCorr
  0.31ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Rubellite Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubellite Energy 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 Rubellite Energy - 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 Rubellite Energy to buy it.
The correlation of Rubellite Energy 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 Rubellite Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rubellite Energy 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 Rubellite Energy 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 Rubellite Stock

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