Andrew Duncan - RioCan Real Chief Officer

REI-UN Stock  CAD 18.92  0.16  0.84%   

Insider

Andrew Duncan is Chief Officer of RioCan Real Estate
Address RioCan Yonge Eglinton Centre, Toronto, ON, Canada, M4P 1E4
Phone416 866 3033
Webhttps://www.riocan.com

RioCan Real Management Efficiency

The company has return on total asset (ROA) of 0.0302 % which means that it generated a profit of $0.0302 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0303 %, meaning that it generated $0.0303 on every $100 dollars invested by stockholders. RioCan Real's management efficiency ratios could be used to measure how well RioCan Real manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Tangible Assets are forecasted to decline to 0. At present, RioCan Real's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 664.9 M, whereas Total Assets are forecasted to decline to about 8.8 B.
RioCan Real Estate has accumulated 6.9 B in total debt with debt to equity ratio (D/E) of 0.87, which is about average as compared to similar companies. RioCan Real Estate has a current ratio of 0.32, 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 RioCan Real until it has trouble settling it off, either with new capital or with free cash flow. So, RioCan 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 RioCan Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RioCan to invest in growth at high rates of return. When we think about RioCan Real's use of debt, we should always consider it together with cash and equity.

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RioCan is one of Canadas largest real estate investment trusts. As at June 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.6 million square feet including office, residential rental and 15 development properties. RIOCAN REAL operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange. It employs 587 people. RioCan Real Estate (REI-UN) is traded on Toronto Exchange in Canada and employs 543 people. RioCan Real is listed under Retail REITs category by Fama And French industry classification.

Management Performance

RioCan Real Estate Leadership Team

Elected by the shareholders, the RioCan Real's board of directors comprises two types of representatives: RioCan Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RioCan. The board's role is to monitor RioCan Real's management team and ensure that shareholders' interests are well served. RioCan 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, RioCan Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan Donkers, VP Investments
Jonathan Gitlin, CEO President
Andrew Duncan, Chief Officer
Jennifer Suess, General ESG
Rocky Kim, Vice Treasury
Dennis Blasutti, Chief Officer
Terri Andrianopoulos, Senior Brand
Franca Smith, Senior Finance
John McKinnon, Vice Management
Jeff Ross, Senior Construction
Kim Lee, Vice Relations
John Ballantyne, Chief Officer
Oliver Harrison, Senior Experience

RioCan 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 RioCan 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 RioCan 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 RioCan 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 RioCan Real will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to RioCan 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 RioCan 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 RioCan 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 RioCan Real Estate to buy it.
The correlation of RioCan 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 RioCan Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RioCan 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 RioCan 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 RioCan Stock

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