Jack Rasmussen - Equitable Financial Director

EQFNDelisted Stock  USD 12.75  0.00  0.00%   

Director

Jack E. Rasmussen is the retired owner and partner of Jacks Tire Service. He is Director since 1987. since 1987.
Age 81
Tenure 37 years
Phone308 382 3136
Webhttps://www.equitableonline.com

Equitable Financial Management Efficiency

The company has return on total asset (ROA) of 0.0116 % which means that it generated a profit of $0.0116 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1219 %, meaning that it created $0.1219 on every $100 dollars invested by stockholders. Equitable Financial's management efficiency ratios could be used to measure how well Equitable Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 11 M in liabilities with Debt to Equity (D/E) ratio of 5.24, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Equitable Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Equitable Financial'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 Equitable Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equitable to invest in growth at high rates of return. When we think about Equitable Financial's use of debt, we should always consider it together with cash and equity.

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Equitable Financial Corp. operates as the holding company for Equitable Bank that provides various banking products and services in Nebraska, the United States. The company was founded in 1882 and is headquartered in Grand Island, Nebraska. Equitable Fincl operates under BanksRegional classification in the United States and is traded on OTC Exchange. Equitable Financial Corp [EQFN] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). Equitable Financial is listed under Banking category by Fama And French industry classification.

Management Performance

Equitable Financial Corp Leadership Team

Elected by the shareholders, the Equitable Financial's board of directors comprises two types of representatives: Equitable Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equitable. The board's role is to monitor Equitable Financial's management team and ensure that shareholders' interests are well served. Equitable Financial'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, Equitable Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Gdowski, COO, Executive Vice President Director
Wayne Cadwallader, Director
Joanne Holmes, Executive Vice President Corporate Secretary
Pamela Price, Director
Kim Marco, CFO, Executive Vice President
Sean Mullen, Director
Richard Harbaugh, Acting Chairman of the Board and Presidentident, CEO
Benedict Wassinger, Director
Teresa Hartwig, Co Sec
Jonas Proffitt, Director
David Dohmen, President of Equitable Bank
Vincent Dugan, Director
Gary Hedman, Director
Douglas Redman, Director
Terry Pfeifer, Senior Vice President Chief Investment Officer
Jack Rasmussen, Director

Equitable 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 Equitable Financial 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 Equitable Financial

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

Moving against Equitable Pink Sheet

  0.7CG Carlyle Group Financial Report 2nd of May 2024 PairCorr
  0.62IX Orix Corp Ads Financial Report 8th of May 2024 PairCorr
  0.56GS Goldman Sachs Group Financial Report 17th of July 2024 PairCorr
  0.52C Citigroup Financial Report 12th of July 2024 PairCorr
  0.51CB Chubb Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Equitable Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equitable Financial 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 Equitable Financial - 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 Equitable Financial Corp to buy it.
The correlation of Equitable Financial 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 Equitable Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equitable Financial 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 Equitable Financial 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. 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 Equitable Financial Corp information on this page should be used as a complementary analysis to other Equitable Financial'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Consideration for investing in Equitable Pink Sheet

If you are still planning to invest in Equitable Financial Corp 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 Equitable Financial's history and understand the potential risks before investing.
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