Jeffrey MacDonald - EcoSynthetix CEO and Director

ECO Stock  CAD 4.63  0.08  1.76%   

CEO

Mr. Jeffrey MacDonald was redesignated as Chief Executive Officer of EcoSynthetix Inc., effective 1 May 2015. Mr. MacDonald has more than 15 years of experience in executive leadership. Prior to EcoSynthetix, Mr. MacDonald was vicepresident of marketing and business development at Husky Injection Molding Systems. Previously, he held leadership roles in sales and operations, and led the establishment of Husky AsiaPacific business since 2015.
Age 55
Tenure 9 years
Professional MarksMBA
Address 3365 Mainway, Burlington, ON, Canada, L7M 1A6
Phone905 335 5669
Webhttps://www.ecosynthetix.com
MacDonald holds a master of business administration degree from McMaster University and a bachelor of science degree from the University of Western Ontario.

EcoSynthetix Management Efficiency

The company has return on total asset (ROA) of (0.0619) % which means that it has lost $0.0619 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0656) %, meaning that it generated substantial loss on money invested by shareholders. EcoSynthetix's management efficiency ratios could be used to measure how well EcoSynthetix manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to drop to -0.07. In addition to that, Return On Capital Employed is likely to drop to -0.11. At this time, EcoSynthetix's Non Currrent Assets Other are very stable compared to the past year. As of the 24th of April 2024, Intangibles To Total Assets is likely to grow to 0, while Other Assets are likely to drop about 6.7 M.
The company has accumulated 819.47 K in total debt with debt to equity ratio (D/E) of 2.7, implying the company greatly relies on financing operations through barrowing. EcoSynthetix has a current ratio of 29.92, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist EcoSynthetix until it has trouble settling it off, either with new capital or with free cash flow. So, EcoSynthetix'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 EcoSynthetix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EcoSynthetix to invest in growth at high rates of return. When we think about EcoSynthetix's use of debt, we should always consider it together with cash and equity.

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EcoSynthetix Inc., a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based adhesives, and other related products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. EcoSynthetix Inc. was founded in 1996 and is headquartered in Burlington, Canada. ECOSYNTHETIX INC operates under Specialty Chemicals classification in Canada and is traded on Toronto Stock Exchange. It employs 30 people. EcoSynthetix (ECO) is traded on Toronto Exchange in Canada and employs 25 people. EcoSynthetix is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

EcoSynthetix Leadership Team

Elected by the shareholders, the EcoSynthetix's board of directors comprises two types of representatives: EcoSynthetix inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EcoSynthetix. The board's role is to monitor EcoSynthetix's management team and ensure that shareholders' interests are well served. EcoSynthetix'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, EcoSynthetix's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey MacDonald, CEO and Director
Robert Haire, CFO, Corporate Secretary
Ralph Jong, Vice Solutions
Arthur Carty, Independent Director
Jeffrey Nodland, Independent Director
Steven Bloembergen, Co-Founder and Executive VP of Technology
Paul Lucas, Independent Director
Martin Hubbes, Director
Susan Allen, Director
Edward Egdom, Sr. VP of Market Realization and Product Manufacturing
Marina Proskurovsky, IR Contact Officer
John Barker, Independent Director

EcoSynthetix 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 EcoSynthetix 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 EcoSynthetix

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 EcoSynthetix 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 EcoSynthetix will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to EcoSynthetix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoSynthetix 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 EcoSynthetix - 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 EcoSynthetix to buy it.
The correlation of EcoSynthetix 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 EcoSynthetix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoSynthetix 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 EcoSynthetix 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EcoSynthetix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running EcoSynthetix's price analysis, check to measure EcoSynthetix'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 EcoSynthetix is operating at the current time. Most of EcoSynthetix's value examination focuses on studying past and present price action to predict the probability of EcoSynthetix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EcoSynthetix's price. Additionally, you may evaluate how the addition of EcoSynthetix to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between EcoSynthetix's value and its price as these two are different measures arrived at by different means. Investors typically determine if EcoSynthetix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EcoSynthetix'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.