Germain Benoit - Boralex Independent Director

BRLXF Stock  USD 19.75  0.47  2.32%   

Director

Mr. Germain Benoit, CPA, CA, serves as Independent Director of Boralex Inc. Germain Benoit has been, since 2010, chair of the Board of Capital Benoit Inc., an investment company, and served as President of this company from 1990 to 2010 since 1995.
Tenure 29 years
Professional MarksCPA
Phone819 363 6363
Webhttps://www.boralex.com
Benoit is a CPA, CA and holds a MS degree in administration from the University of Sherbrooke and a Master’s Degree in Business Administration from HEC Montréal.

Boralex Management Efficiency

The company has return on total asset (ROA) of 0.0189 % which means that it generated a profit of $0.0189 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0216 %, meaning that it generated $0.0216 on every $100 dollars invested by stockholders. Boralex's management efficiency ratios could be used to measure how well Boralex manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 3.38 B in total debt with debt to equity ratio (D/E) of 1.7, which is about average as compared to similar companies. Boralex has a current ratio of 1.88, which is within standard range for the sector. Debt can assist Boralex until it has trouble settling it off, either with new capital or with free cash flow. So, Boralex'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 Boralex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Boralex to invest in growth at high rates of return. When we think about Boralex's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Anthony EarleySouthern Co
70
Veronica HagenSouthern Co
72
Larry ThompsonSouthern Co
72
Ernest MonizSouthern Co
75
Steven SpeckerSouthern Co
74
Donald JamesSouthern Co
72
Theodore BuntingEntergy New Orleans
57
Jenner WoodSouthern Co
66
Linda HudsonSouthern Co
66
John JohnsSouthern Co
69
William SmithSouthern Co
67
Juanita BarancoSouthern Co
70
Dale KleinSouthern Co
73
David GrainSouthern Co
57
Henry ClarkSouthern Co
70
Andrew MarshEntergy New Orleans
44
Jon BosciaSouthern Co
67
Janaki AkellaSouthern Co
59
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada. Boralex Inc operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 562 people. Boralex [BRLXF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Boralex Leadership Team

Elected by the shareholders, the Boralex's board of directors comprises two types of representatives: Boralex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Boralex. The board's role is to monitor Boralex's management team and ensure that shareholders' interests are well served. Boralex'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, Boralex's outside directors are responsible for providing unbiased perspectives on the board's policies.
AlainPierre Rheaume, Independent Director
MarieJose Arsenault, Ex Officer
Nicolas Wolff, COO, Vice President
Michelle SamsonDoel, Lead Independent Director
Rabindra Mishra, Deputy Europe
Dany StPierre, Independent Director
Hugues Girardin, VP of Devel.
Pierre Seccareccia, Independent Director
Isabelle Fontaine, Sr Communications
Julie Cusson, VP CSR
Ghyslain Deschamps, Independent Director
Bruno Guilmette, CFO, Vice President
Pascal Hurtubise, Vice President Corporate Secretary, Chief Legal Officer
Guy Daoust, Vice President - Finance
Robert Hall, Chairman of the Board
Stphane Milot, Director Relations
Patrick Decostre, General Manager of Europe
Marie Giguere, Director
Edward Kernaghan, Independent Director
Germain Benoit, Independent Director
Yves Rheault, Independent Director
Alain Rheaume, Independent Director
Denis Aubut, General Manager - Operations
Sylvain Aird, Chief Legal Officer, VP of Europe and Corporate Secretary
Richard Lemaire, Not-Independent Director
JeanFrancois Thibodeau, CFO, Vice President
Alain Ducharme, Independent Director
Marc Jasmin, IR Contact Manager
Patrick Lemaire, CEO and President and Director
Lise Croteau, Independent Director

Boralex Stock 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 Boralex 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Boralex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Boralex's short interest history, or implied volatility extrapolated from Boralex options trading.

Pair Trading with Boralex

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

Moving against Boralex Pink Sheet

  0.85MDH MDH Acquisition CorpPairCorr
  0.72CE Celanese Financial Report 14th of May 2024 PairCorr
  0.51CVI CVR Energy Financial Report 6th of May 2024 PairCorr
  0.48DTW DTE EnergyPairCorr
The ability to find closely correlated positions to Boralex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boralex 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 Boralex - 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 Boralex to buy it.
The correlation of Boralex 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 Boralex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boralex 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 Boralex 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 Boralex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Boralex Pink Sheet analysis

When running Boralex's price analysis, check to measure Boralex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boralex is operating at the current time. Most of Boralex's value examination focuses on studying past and present price action to predict the probability of Boralex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boralex's price. Additionally, you may evaluate how the addition of Boralex to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Equity Valuation
Check real value of public entities based on technical and fundamental data
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Please note, there is a significant difference between Boralex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boralex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boralex'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.