Michael Otto - McKesson Europe Investor Relations Manager

CAKFYDelisted Stock  USD 4.10  0.00  0.00%   

Executive

Michael Otto is Investor Relations Manager of McKesson Europe AG since 2015.
Tenure 9 years
Phone49 711 50 01 00
Webhttps://www.mckesson.eu/mck-en

McKesson Europe Management Efficiency

McKesson Europe's management efficiency ratios could be used to measure how well McKesson Europe manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.31 B in total debt with debt to equity ratio (D/E) of 0.69, which is about average as compared to similar companies. McKesson Europe AG has a current ratio of 1.78, which is within standard range for the sector. Debt can assist McKesson Europe until it has trouble settling it off, either with new capital or with free cash flow. So, McKesson Europe'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 McKesson Europe AG sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for McKesson to invest in growth at high rates of return. When we think about McKesson Europe's use of debt, we should always consider it together with cash and equity.

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McKesson Europe AG provides logistics and other services to the pharmaceutical and healthcare sectors worldwide. The company was founded in 1835 and is headquartered in Stuttgart, Germany. Mckesson Europe operates under Medical Distribution classification in the United States and is traded on OTC Exchange. It employs 26329 people. McKesson Europe AG [CAKFY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

McKesson Europe AG Leadership Team

Elected by the shareholders, the McKesson Europe's board of directors comprises two types of representatives: McKesson Europe inside directors who are chosen from within the company, and outside directors, selected externally and held independent of McKesson. The board's role is to monitor McKesson Europe's management team and ensure that shareholders' interests are well served. McKesson Europe'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, McKesson Europe's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tilo Koester, Member of the Management Board, General Counsel and Group Compliance Officer
Lori Schechter, Member of the Supervisory Board
Nicole Herold, Head Relations
John Hammergren, Chairman of the Supervisory Board
Gabriele Stall, Member of the Supervisory Board and Employee Representative
Joerg LauenrothMago, Member of the Supervisory Board, Employee Representative
Klaus Borowicz, Member of the Supervisory Board, Employee Representative
Marc Owen, Chairman of The Management Board, COO and Director of Human Resource
Susan Naumann, Member of the Supervisory Board, Employee Representative
Patrick SchwarzSchuette, Member of the Supervisory Board
Paul Julian, Member of the Supervisory Board
Michael Otto, Investor Relations Manager
James Beer, Member of the Supervisory Board
Brian Tyler, Chairman of the Management Board, Director of Human Resources
Sebastian Ring, Chairman Board
Ihno Goldenstein, Deputy Chairman of the Supervisory Board, Employee Representative
Ulrich Neumeister, Member of the Supervisory Board, Employee Representative
Pauline Lindwall, Member of the Supervisory Board
W Rehder, Member of the Supervisory Board
Alain Vachon, CFO and Member of the Management Board
Tilo Kster, Group Officer

McKesson 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 McKesson Europe 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 McKesson Europe

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 McKesson Europe 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 McKesson Europe will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to McKesson Europe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McKesson Europe 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 McKesson Europe - 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 McKesson Europe AG to buy it.
The correlation of McKesson Europe 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 McKesson Europe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McKesson Europe AG 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 McKesson Europe 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the McKesson Europe AG information on this page should be used as a complementary analysis to other McKesson Europe's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in McKesson Pink Sheet

If you are still planning to invest in McKesson Europe AG check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the McKesson Europe's history and understand the potential risks before investing.
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