George James - Trisura Chief Surety

TSU Stock  CAD 39.20  0.06  0.15%   

Insider

George James is Chief Surety of Trisura Group
Address 333 Bay Street, Toronto, ON, Canada, M5H 2R2
Phone416 214 2555
Webhttps://www.trisura.com

Trisura Management Efficiency

The company has return on total asset (ROA) of 0.029 % which means that it generated a profit of $0.029 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1649 %, meaning that it generated $0.1649 on every $100 dollars invested by stockholders. Trisura's management efficiency ratios could be used to measure how well Trisura manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Trisura's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.83, while Return On Equity is likely to drop 0.06. At this time, Trisura's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Intangibles To Total Assets is likely to grow to 0, while Other Current Assets are likely to drop about 410.3 M.
Trisura Group has accumulated 84.7 M in total debt with debt to equity ratio (D/E) of 27.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Trisura Group has a current ratio of 0.64, 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 Trisura until it has trouble settling it off, either with new capital or with free cash flow. So, Trisura'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 Trisura Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trisura to invest in growth at high rates of return. When we think about Trisura's use of debt, we should always consider it together with cash and equity.

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Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada and the United States. Trisura Group Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada. TRISURA GROUP operates under Insurance - Specialty classification in Canada and is traded on Toronto Stock Exchange. It employs 151 people. Trisura Group (TSU) is traded on Toronto Exchange in Canada and employs 10 people. Trisura is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Trisura Group Leadership Team

Elected by the shareholders, the Trisura's board of directors comprises two types of representatives: Trisura inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trisura. The board's role is to monitor Trisura's management team and ensure that shareholders' interests are well served. Trisura'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, Trisura's outside directors are responsible for providing unbiased perspectives on the board's policies.
Terry Michalakos, Senior Surety
Tom Ciano, Chief Insurance
Michael Beasley, CEO Company
Phillip Shirtliff, Chief Officer
Eileen Sweeney, Executive Specialty
James Doyle, Chief Officer
David Clare, CEO and President
George James, Chief Surety
David Scotland, Chief Officer
Chris Sekine, President Insurance

Trisura 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 Trisura 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 Trisura

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

Moving against Trisura Stock

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

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