Ronald Bain - Envela Corp CFO, Director

ELA Stock  USD 4.55  0.11  2.48%   

Director

Mr. Ronald Bain is Chief Financial Officer, Director of the Company. He is a qualified Chartered Accountant with over 25 years of experience financial management and control. He recently led the Financial Integration Planning for the Baker Hughes GE Oil Gas merger. Previous to this Mr Bain was the Regional Accounting Director of Europe, Africa and RussiaCaspian for Baker Hughes, responsible for all financial reporting, financial management and compliance activities in over 40 countries. He has a depth of experience with roles of increasing scope and responsibility including Controllership, Company Secretarial, Treasury and FPA with companies such as Baker Hughes, BJ Services, Donside Paper Company and Vetco Gray. since 2017.
Age 49
Tenure 7 years
Address 1901 Gateway Drive, Irving, TX, United States, 75038
Phone972 587 4049
Webhttps://www.envela.com

Envela Corp Management Efficiency

The company has Return on Asset of 0.0756 % which means that on every $100 spent on assets, it made $0.0756 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.156 %, implying that it generated $0.156 on every 100 dollars invested. Envela Corp's management efficiency ratios could be used to measure how well Envela Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.14. The current year's Return On Assets is expected to grow to 0.10. At present, Envela Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 24.8 M, whereas Other Current Assets are forecasted to decline to about 745.1 K.
The company has 19.3 M in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Envela Corp has a current ratio of 3.95, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Envela Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Envela Corp'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 Envela Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Envela to invest in growth at high rates of return. When we think about Envela Corp's use of debt, we should always consider it together with cash and equity.

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Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas. Envela Corp operates under Luxury Goods classification in the United States and is traded on AMEX Exchange. It employs 256 people. Envela Corp (ELA) is traded on NYSE MKT Exchange in USA. It is located in 1901 Gateway Drive, Irving, TX, United States, 75038 and employs 288 people. Envela Corp is listed under Other Specialty Retail category by Fama And French industry classification.

Management Performance

Envela Corp Leadership Team

Elected by the shareholders, the Envela Corp's board of directors comprises two types of representatives: Envela Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Envela. The board's role is to monitor Envela Corp's management team and ensure that shareholders' interests are well served. Envela Corp'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, Envela Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Theophilus Odigie, Operations Manager
Ian Blair, Founder and Strategic Adviser
Gregory Stoupnitzky, Non-Executive Director
Gafar Olagunju, Human Resources & Services Manager
Allison DeStefano, Director
Henry Turcan, Non-Executive Director
Bert Dijksman, Exploration Manager
Russell Harvey, Non-Executive Independent Chairman of the Board
Leo Denault, Chairman of the Board, CEO of Entergy Corporate, Director
Mark Savoff, Director; Executive Vice President and COO of Entergy Corporation
Joel Okandeji, Community Relations Manager
Donald Vinci, Senior Vice President - Human Resources, Chief Diversity Officer of Entergy Corporation
Theodore Bunting, Group President - Utility Operations, Director
Jay Christison, General Manager - Facilities
Hilary Azoba, Drilling Manager
Brian OCathain, Non-Executive Director
Pieter Groen, General Manager - Technical
John Loftus, Chairman of the Board, President, Chief Executive Officer
Jim Ruth, Independent Director
Ronald Bain, CFO, Director
Olivier Serra, CFO, Executive Director
Henry Obi, Non-Executive Director
Andrew Marsh, Executive Vice President CFO of Entergy Corporation ; Director
George Maxwell, CEO, Executive Director
John Downey, Chief Technical Officer
Bret Pedersen, Chief Financial Officer
Alexandra Griffin, Independent Director
Marcus Brown, Executive Vice President General Counsel
Emmanuel Iwunze, GM Finance
Edward Cozens, General Manager, Commercial
Alyson Mount, Senior Vice President Chief Accounting Officer
Phillip May, Chairman of the Board and Presidentident, CEO
Roderick West, Executive Vice President and Chief Administrative Officer of Entergy Corporation
Joel Friedman, Lead Independent Director
Jeffrey Forbes, Executive Vice President Chief Nuclear Officer of Entergy Corporation

Envela 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 Envela Corp 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 Envela Corp

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

Moving against Envela Stock

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The ability to find closely correlated positions to Envela Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envela Corp 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 Envela Corp - 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 Envela Corp to buy it.
The correlation of Envela Corp 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 Envela Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envela Corp 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 Envela Corp 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
When determining whether Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Envela Stock analysis

When running Envela Corp's price analysis, check to measure Envela Corp'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 Envela Corp is operating at the current time. Most of Envela Corp's value examination focuses on studying past and present price action to predict the probability of Envela Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envela Corp's price. Additionally, you may evaluate how the addition of Envela Corp to your portfolios can decrease your overall portfolio volatility.
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Is Envela Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Envela Corp. If investors know Envela will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.27
Revenue Per Share
6.4
Quarterly Revenue Growth
(0.23)
Return On Assets
0.0756
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp'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.