Katherine Rethy - Toromont Industries Independent Director

TIH Stock  CAD 202.07  4.45  2.15%   

Director

Mrs. Katherine A. Rethy serves as Independent Director of Toromont Industries Ltd. Mrs. Rethy is an independent corporate director. Mrs. Rethy has held a series of progressively more senior roles at NorandaFalconbridge, most recently as Senior Vice President, Global Services . Prior to joining Noranda, Mrs. Rethy was an executive with Dupont Canada Inc. where she held a number of roles, including legal counsel, sales and business management. Mrs. Rethy holds a J.D. from the University of Windsor, a B.Sc. from the University of Toronto, an M.B.A. from York University, and an M.A. from Lancaster University in the U.K. Mrs. Rethy has also completed the Director Education Program from the Institute of Corporationrationrate Directors. since 2013.
Age 62
Tenure 13 years
Professional MarksMBA
Address 3131 Highway 7 West, Concord, ON, Canada, L4K 1B7
Phone416 667 5511
Webhttps://www.toromont.com

Toromont Industries Management Efficiency

The company has return on total asset (ROA) of 0.0806 % which means that it generated a profit of $0.0806 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.159 %, meaning that it generated $0.159 on every $100 dollars invested by stockholders. Toromont Industries' management efficiency ratios could be used to measure how well Toromont Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Toromont Industries' Return On Capital Employed is very stable compared to the past year. As of the 19th of February 2026, Return On Equity is likely to grow to 0.22, while Return On Tangible Assets are likely to drop 0.08. At this time, Toromont Industries' Fixed Asset Turnover is very stable compared to the past year. As of the 19th of February 2026, Asset Turnover is likely to grow to 1.50, while Other Current Assets are likely to drop about 24.8 M.
Toromont Industries has accumulated 851.12 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. Toromont Industries has a current ratio of 2.03, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Toromont Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Toromont Industries' 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 Toromont Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Toromont to invest in growth at high rates of return. When we think about Toromont Industries' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Michael FortierCAE Inc
57
Dan BaileyRussel Metals
N/A
Alice LabergeRussel Metals
62
Michael RoachCAE Inc
67
Jacynthe CoteFinning International
60
David PerkinsCAE Inc
N/A
Joan LammTennantElement Fleet Management
66
Richard GuayTFI International
68
John ClarkRussel Metals
63
Stuart LevenickFinning International
66
Leslie AbiKaramTFI International
60
Marianne HarrisonCAE Inc
56
Lise BAARussel Metals
75
Paul DampElement Fleet Management
63
Daniel BaileyRussel Metals
N/A
MarieLucie MorinStantec
61
Patricia GallowayStantec
61
Christopher PattersonFinning International
65
John TullochRussel Metals
72
Barbara JeremiahRussel Metals
66
Neil ManningTFI International
73
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada. TOROMONT IND operates under Industrial Distribution classification in Canada and is traded on Toronto Stock Exchange. It employs 6500 people. Toromont Industries (TIH) is traded on Toronto Exchange in Canada and employs 7,900 people. Toromont Industries is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Toromont Industries Leadership Team

Elected by the shareholders, the Toromont Industries' board of directors comprises two types of representatives: Toromont Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Toromont. The board's role is to monitor Toromont Industries' management team and ensure that shareholders' interests are well served. Toromont Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Toromont Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephanie Hardman, Chief Officer
Rick Neuman, Marketing Digital
Wayne Hill, Independent Director
Sharon Hodgson, Independent Director
William Harvey, President Division
Habeeb Syed, General Officer
Michael McMillan, Chief Financial Officer, Executive Vice President
Scott Medhurst, President, Chief Executive Officer, Director
Michael CMA, President CEO
John Doolittle, Executive CFO
Randall Casson, President of Toromont Construction Division/Battlefield - The Cat Rental Store
Richard Roy, Independent Director
Isabelle Leclerc, Vice Resources
Katherine Rethy, Independent Director
Colin Goheen, President Rentals
David Malinauskas, President - CIMCO Refrigeration
Miles Gregg, Senior Vice President Toromont Cat
Jeffrey Chisholm, Lead Independent Director
Peter Blake, Independent Director
Joel Couture, Chief Cat
Robert Ogilvie, Non-Executive Independent Chairman of the Board
Lynn Korbak, General Counsel, Corporate Secretary
Jennifer Cochrane, Vice President - Finance
Paul Jewer, Executive Vice President, Chief Financial Officer
Michael Cuddy, Vice President, Chief Information Officer
Cathryn Cranston, Independent Director
James Gill, Independent Director

Toromont 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 Toromont Industries 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 Toromont Industries

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

Moving together with Toromont Stock

  0.65CEF Sprott Physical GoldPairCorr
  0.71GPCC-P Green Panda CapitalPairCorr
The ability to find closely correlated positions to Toromont Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toromont Industries 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 Toromont Industries - 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 Toromont Industries to buy it.
The correlation of Toromont Industries 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 Toromont Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toromont Industries 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 Toromont Industries 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 Toromont Stock

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