Mitchell Goldhar - SmartCentres Real Executive CEO

SRU-UN Stock  CAD 25.21  0.03  0.12%   

CEO

Mitchell Goldhar is Executive CEO of SmartCentres Real Estate
Age 62
Address 3200 Highway 7, Vaughan, ON, Canada, L4K 5Z5
Phone905 326 6400
Webhttps://www.smartcentres.com

SmartCentres Real Management Efficiency

The company has return on total asset (ROA) of 0.0312 % which means that it generated a profit of $0.0312 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0259 %, meaning that it generated $0.0259 on every $100 dollars invested by stockholders. SmartCentres Real's management efficiency ratios could be used to measure how well SmartCentres Real manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.08, whereas Return On Tangible Assets are forecasted to decline to 0.02. At present, SmartCentres Real's Debt To Assets are projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.11, whereas Total Assets are forecasted to decline to about 6 B.
SmartCentres Real Estate has accumulated 5 B in total debt with debt to equity ratio (D/E) of 0.95, which is about average as compared to similar companies. SmartCentres Real Estate has a current ratio of 0.61, 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 SmartCentres Real until it has trouble settling it off, either with new capital or with free cash flow. So, SmartCentres 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 SmartCentres Real Estate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SmartCentres to invest in growth at high rates of return. When we think about SmartCentres Real's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 3 records

CEO Age

P ICDDGranite Real Estate
55
Jonathan GitlinRioCan Real Estate
51
Gregory AvioliGranite Real Estate
N/A
SmartCentres Real Estate Investment Trust is one of Canadas largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. From shopping centres to city centres, SmartCentres is uniquely positioned to reshape the Canadian urban and urban-suburban landscape. SMARTCENTRES REIT operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange. It employs 342 people. SmartCentres Real Estate (SRU-UN) is traded on Toronto Exchange in Canada and employs 13 people. SmartCentres Real is listed under Retail REITs category by Fama And French industry classification.

Management Performance

SmartCentres Real Estate Leadership Team

Elected by the shareholders, the SmartCentres Real's board of directors comprises two types of representatives: SmartCentres Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SmartCentres. The board's role is to monitor SmartCentres Real's management team and ensure that shareholders' interests are well served. SmartCentres 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, SmartCentres Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Julia Mok, Director Accounting
Mauro Pambianchi, Chief Officer
Hammad Rawra, Vice Relations
Dan Markou, Executive Officer
Shea Calnan, Legal Counsel
Allan Scully, Executive Development
Erin Shirley, Director Management
Tom Bazinet, Senior Management
Mitchell Goldhar, Executive CEO
Rudy Gobin, Executive Investments
Peter CA, Chief Officer
Paula Bustard, Executive Development
Fernando Vescio, Senior Services

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

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