Richard McKerracher - Aw Revenue Independent Trustee

AWRRF Fund  USD 21.45  0.11  0.52%   
Richard McKerracher is Fund Manager at Aw Revenue Royalties
Mr. Richard N. McKerracher is Independent Trustee of AW Revenue Royalties Income Fund., since May 1, 2012. Mr. McKerracher held key leadership roles with Sauder Industries Limited and its affiliates from 1989 until his retirement in 2010, including Senior Vice President, Finance and six years as President. In such positions, Mr. McKerracher prepared, analyzed and evaluated financial statements. Mr. McKerracher is a Director and Chair of the Audit Committee of NuHeat Industries Limited, a private company, a Director and Chair of the Audit Committee of Pacific Insight Electronics Corporationration, a public company, a former director of International Forest Products Limited, a public company, and on the advisory board of Caplan Industries Inc., a private company. In such positions, Mr. McKerracher supervised individuals engaged in preparing, analyzing and evaluating financial statements
Tenure 12 years
Phone604 988 2141
Webhttps://www.awincomefund.ca
McKerracher is a Chartered Accountant and a former partner of a predecessor firm of KPMG LLP. He holds a Bachelor of Commerce degree from the University of British Columbia.

Aw Revenue Management Performance (%)

The company has return on total asset (ROA) of 0.08 % which means that it generated a profit of $0.08 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1432 %, meaning that it generated $0.1432 on every $100 dollars invested by stockholders. Aw Revenue's management efficiency ratios could be used to measure how well Aw Revenue manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 59.8 M in total debt with debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from borrowing. Aw Revenue Royalties 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 Aw Revenue until it has trouble settling it off, either with new capital or with free cash flow. So, Aw Revenue'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 Aw Revenue Royalties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AWRRF to invest in growth at high rates of return. When we think about Aw Revenue's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Hoyt PetersCornerstone Strategic Return
55
Tiffany RendeWalt Disney
N/A
Fletcher PrevinCisco Systems
N/A
Tina PayneCohen And Steers
44
Bryant VanCronkhiteSmall Cap Special
N/A
Bruce GiffordThe Travelers Companies
N/A
Abbe CFAThe Travelers Companies
N/A
Francis PoliCohen And Steers
56
Neil BloomCohen And Steers
44
Nicol GagstetterAlcoa Corp
45
Andrew EstelAlcoa Corp
N/A
Carrie PalinCisco Systems
52
Rachel McNabbCornerstone Strategic Return
38
Paul MunsonThe Travelers Companies
58
Josh DAmaroWalt Disney
N/A
Jeffery SharrittsCisco Systems
55
Marsha ReedWalt Disney
N/A
Victoria WongCisco Systems
57
Ahmed BadriCisco Systems
N/A
Heather HudakAlcoa Corp
N/A
Thimaya SubaiyaCisco Systems
N/A
AW Revenue Royalties Income Fund, a limited purpose trust, holds the investment in AW Trade Marks Inc., which through its ownership interest in AW Trade Marks Limited Partnership owns the AW trade-marks used in the AW quick service restaurant business in Canada. AW Revenue Royalties Income Fund was founded in 2001 and is based in North Vancouver, Canada. AW Revenue operates under Restaurants classification in the United States and is traded on OTC Exchange. The fund is listed under Consumer Discretionary category and is part of Hotels, Restaurants & Leisure family.

Management Performance

Aw Revenue Royalties Leadership Team

Elected by the shareholders, the Aw Revenue's board of directors comprises two types of representatives: Aw Revenue inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AWRRF. The board's role is to monitor Aw Revenue's management team and ensure that shareholders' interests are well served. Aw Revenue'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, Aw Revenue's outside directors are responsible for providing unbiased perspectives on the board's policies.
Terrence Taciuk, VP Analytics
Richard McKerracher, Independent Trustee
Donald Leslie, CFO
Susan Senecal, Chief Officer
Kelly Blankstein, Chief Officer
John McLernon, Independent Chairman of the Board of Trustee
Hugh Smythe, Secretary, Trustee and Member of Audit Committee
Paul Hollands, CEO, CEO of AandW Food Services, CEO of AandW Trade Marks Inc, CEO of AandW Food Services Canada Inc and President of AandW Food Services Canada Inc

AWRRF Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Aw Revenue 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 Aw Revenue

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

Moving against AWRRF Pink Sheet

  0.92GE GE Aerospace Financial Report 23rd of July 2024 PairCorr
  0.9XOM Exxon Mobil Corp Earnings Call TomorrowPairCorr
  0.87CAT Caterpillar Earnings Call TodayPairCorr
  0.79CLM Cornerstone StrategicPairCorr
  0.79CRF Cornerstone StrategicPairCorr
The ability to find closely correlated positions to Aw Revenue could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aw Revenue 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 Aw Revenue - 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 Aw Revenue Royalties to buy it.
The correlation of Aw Revenue 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 Aw Revenue moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aw Revenue Royalties 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 Aw Revenue 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aw Revenue Royalties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Please note, there is a significant difference between Aw Revenue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aw Revenue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aw Revenue's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.