Alan Cooke - Auxly Cannabis VP Operations

XLY Stock  CAD 0.04  0  5.26%   

Insider

Alan Cooke is VP Operations of Auxly Cannabis Group
Address 777 Richmond Street West, Toronto, ON, Canada, M6J 0C2
Phone647 812 0121
Webhttps://www.auxly.com

Auxly Cannabis Management Efficiency

The company has return on total asset (ROA) of (0.0309) % which means that it has lost $0.0309 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5238) %, meaning that it generated substantial loss on money invested by shareholders. Auxly Cannabis' management efficiency ratios could be used to measure how well Auxly Cannabis manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to -0.18. In addition to that, Return On Capital Employed is likely to grow to -0.12. At this time, Auxly Cannabis' Total Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 205.7 M, while Total Current Assets are likely to drop about 33.6 M.
Auxly Cannabis Group has accumulated 159.04 M in total debt with debt to equity ratio (D/E) of 1.2, which is about average as compared to similar companies. Auxly Cannabis Group has a current ratio of 2.53, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Auxly Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Auxly Cannabis' 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 Auxly Cannabis Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Auxly to invest in growth at high rates of return. When we think about Auxly Cannabis' use of debt, we should always consider it together with cash and equity.

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Auxly Cannabis Group Inc. operates as a consumer-packaged goods company in the cannabis products market in Canada. Auxly Cannabis Group Inc. was incorporated in 1987 and is based in Toronto, Canada. AUXLY CANNABIS operates under Drug ManufacturersSpecialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 558 people. Auxly Cannabis Group (XLY) is traded on Toronto Exchange in Canada and employs 369 people. Auxly Cannabis is listed under Pharmaceuticals category by Fama And French industry classification.

Management Performance

Auxly Cannabis Group Leadership Team

Elected by the shareholders, the Auxly Cannabis' board of directors comprises two types of representatives: Auxly Cannabis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Auxly. The board's role is to monitor Auxly Cannabis' management team and ensure that shareholders' interests are well served. Auxly Cannabis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Auxly Cannabis' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ian Rapsey, Chief Officer
Ron Fichter, General Secretary
Hugo Alves, CEO Director
Vladimir Klacar, Senior Planning
Alan Cooke, VP Operations
Brian Schmitt, Chief Officer
Kevin Furet, Chief Officer
Michael Lickver, President
Andrew MacMillan, Senior Commercial
Carla Nawrocki, Senior Strategy
Travis Wong, Chief Officer

Auxly 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 Auxly Cannabis 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 Auxly Cannabis

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

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