Stephen Krenzer - Thinkific Labs President Director
| THNC Stock | CAD 2.98 0.16 5.67% |
President
Stephen Krenzer is President Director of Thinkific Labs
| Age | 65 |
| Address | 369 Terminal Avenue, Vancouver, BC, Canada, V6A 4C4 |
| Phone | 888 832 2409 |
| Web | https://www.thinkific.com |
Thinkific Labs Management Efficiency
The company has return on total asset (ROA) of (0.0252) % which means that it has lost $0.0252 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.012 %, meaning that it generated $0.012 on every $100 dollars invested by stockholders. Thinkific Labs' management efficiency ratios could be used to measure how well Thinkific Labs manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to drop to -0.11. In addition to that, Return On Capital Employed is likely to drop to -0.17. At this time, Thinkific Labs' Non Currrent Assets Other are very stable compared to the past year. As of the 24th of November 2024, Intangible Assets is likely to grow to about 119.8 K, while Total Assets are likely to drop about 77.4 M.Similar Executives
| Found 2 records | PRESIDENT Age | ||
| Alain Laplante | Orbit Garant Drilling | N/A | |
| LLD LLB | AGF Management Limited | 58 | |
Management Performance
| Return On Equity | 0.012 | ||||
| Return On Asset | -0.0252 |
Thinkific Labs Leadership Team
Elected by the shareholders, the Thinkific Labs' board of directors comprises two types of representatives: Thinkific Labs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thinkific. The board's role is to monitor Thinkific Labs' management team and ensure that shareholders' interests are well served. Thinkific Labs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thinkific Labs' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chris McGuire, Chief Officer | ||
| Miranda MBA, CoFounder COO | ||
| CPA BA, Chief Officer | ||
| Stephen Krenzer, President Director | ||
| Janet Craig, Head Relations | ||
| LLB BCom, CEO CoFounder | ||
| Clovis Cuqui, VP Commerce | ||
| Amanda Malko, Chief Officer | ||
| Matthew BSc, Chief CoFounder | ||
| Ed Ma, General VP | ||
| Ryan Donovan, Chief Officer |
Thinkific 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 Thinkific Labs 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.
| Return On Equity | 0.012 | ||||
| Return On Asset | -0.0252 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 133.91 M | ||||
| Shares Outstanding | 23.87 M | ||||
| Shares Owned By Insiders | 0.63 % | ||||
| Shares Owned By Institutions | 34.05 % | ||||
| Number Of Shares Shorted | 37.04 K | ||||
| Price To Book | 3.42 X |
Pair Trading with Thinkific Labs
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 Thinkific Labs 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 Thinkific Labs will appreciate offsetting losses from the drop in the long position's value.Moving against Thinkific Stock
The ability to find closely correlated positions to Thinkific Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thinkific Labs 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 Thinkific Labs - 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 Thinkific Labs to buy it.
The correlation of Thinkific Labs 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 Thinkific Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thinkific Labs 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 Thinkific Labs 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.Other Information on Investing in Thinkific Stock
Thinkific Labs financial ratios help investors to determine whether Thinkific 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 Thinkific with respect to the benefits of owning Thinkific Labs security.