Simon Provencher - Supremex Pres Segment

SXP Stock  CAD 4.00  0.05  1.23%   

Insider

Simon Provencher is Pres Segment of Supremex
Address 7213 Cordner Street, Lasalle, QC, Canada, H8N 2J7
Phone800 361 6659
Webhttps://www.supremex.com

Supremex Management Efficiency

The company has return on total asset (ROA) of 0.0367 % which means that it generated a profit of $0.0367 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.136) %, meaning that it generated substantial loss on money invested by shareholders. Supremex's management efficiency ratios could be used to measure how well Supremex manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Supremex's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.07, while Return On Capital Employed is likely to drop 0.1. At this time, Supremex's Fixed Asset Turnover is very stable compared to the past year. As of the 26th of November 2024, Return On Assets is likely to grow to 0.07, while Total Assets are likely to drop about 163.1 M.
Supremex has accumulated 89.25 M in total debt with debt to equity ratio (D/E) of 111.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Supremex has a current ratio of 1.81, which is within standard range for the sector. Debt can assist Supremex until it has trouble settling it off, either with new capital or with free cash flow. So, Supremex'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 Supremex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Supremex to invest in growth at high rates of return. When we think about Supremex's use of debt, we should always consider it together with cash and equity.

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Supremex Inc. manufactures, markets, and sells envelopes, and paper packaging solutions and specialty products in North America. Supremex Inc. was founded in 1977 and is based in LaSalle, Canada. SUPREMEX INC operates under Paper Paper Products classification in Canada and is traded on Toronto Stock Exchange. It employs 800 people. Supremex (SXP) is traded on Toronto Exchange in Canada and employs 900 people. Supremex is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification.

Management Performance

Supremex Leadership Team

Elected by the shareholders, the Supremex's board of directors comprises two types of representatives: Supremex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Supremex. The board's role is to monitor Supremex's management team and ensure that shareholders' interests are well served. Supremex'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, Supremex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Francois Bolduc, CFO Secretary
Stewart Emerson, CEO and President and Director
Simon Provencher, Pres Segment
Mary Chronopoulos, CFO Sec
Murray Rundle, Vice Innovation
Joe Baglione, President I
Mary Henrich, VP USA

Supremex 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 Supremex 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 Supremex

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

Moving against Supremex Stock

  0.33RY Royal BankPairCorr
The ability to find closely correlated positions to Supremex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Supremex 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 Supremex - 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 Supremex to buy it.
The correlation of Supremex 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 Supremex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Supremex 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 Supremex 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 Supremex Stock

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