William Sheffield - Velan Independent Director

VLN Stock  CAD 5.88  0.05  0.84%   

Director

Mr. William Herbert Sheffield is Lead Independent Director of Velan Inc. Mr. Sheffield is a corporate director, who is also a member of the boards of Canada Post, a Federal Crown Corporationrationration, and Houston Wire and Cable Company, an electrical products distribution company listed on NASDAQ where he holds the position of Chairman. Mr. Sheffield past board services also include OPG, Corby Distilleries, Royal Group Technologies, Sappi Ltd and Pan Asia Paper. He holds a professional director certification by Canadas Institute of Corporationrationrate Directors and a similar designation by the National Association of Corporationrationrate Directors in the USA . In 2013, he completed the Family Enterprise Advisors Program at UBC. Mr. Sheffield started his career with Canadian steel industry. From May 2001 to May 2003, he was the Chief Executive of Sappi Fine Paper Division of Sappi Ltd., a coated paper manufacturer, and, prior to August 2000, was the Executive VicePresident of AbitibiConsolidated Inc., a newsprint manufacturer. since 2015.
Age 67
Tenure 9 years
Address 7007 Cote de Liesse, Montreal, QC, Canada, H4T 1G2
Phone514-748-7743
Webhttps://www.velan.com

Velan 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 (0.3003) %, meaning that it generated substantial loss on money invested by shareholders. Velan's management efficiency ratios could be used to measure how well Velan manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Velan's Return On Tangible Assets are very stable compared to the past year. As of the 18th of April 2024, Return On Assets is likely to grow to 0.03, while Return On Capital Employed is likely to drop 0.1. At this time, Velan's Other Assets are very stable compared to the past year. As of the 18th of April 2024, Intangible Assets is likely to grow to about 11.8 M, while Total Assets are likely to drop about 452 M.
The company has accumulated 40.91 M in total debt with debt to equity ratio (D/E) of 23.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Velan Inc has a current ratio of 2.01, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Velan until it has trouble settling it off, either with new capital or with free cash flow. So, Velan'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 Velan Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Velan to invest in growth at high rates of return. When we think about Velan's use of debt, we should always consider it together with cash and equity.

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Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company was founded in 1950 and is headquartered in Montral, Canada. VELAN INC operates under Diversified Industrials classification in Canada and is traded on Toronto Stock Exchange. It employs 1827 people. Velan Inc (VLN) is traded on Toronto Exchange in Canada and employs 1,630 people. Velan is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Velan Inc Leadership Team

Elected by the shareholders, the Velan's board of directors comprises two types of representatives: Velan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Velan. The board's role is to monitor Velan's management team and ensure that shareholders' interests are well served. Velan'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, Velan's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cheryl Hooper, Independent Director
Ivan Velan, Executive VP
Raffi Sossoyan, Vice President - Global Financial Reporting
Bryant Holt, Executive MRO
Shane Velan, Chief Officer
Paul Poirier, Chief America
William Sheffield, Independent Director
Sabine Bruckert, Vice President - Human Resources, General Counsel, Corporate Secretary
Martin Allen, Executive Vice President - Manufacturing Operations and Global Supply Chain
BSBA CPA, Interim Chairman
Stephen Cherlet, Chief Operations Officer
Yves Leduc, President
Gil Perez, Vice President - Engineering
Andrew Smith, Vice President - Procurement and Overseas Manufacturing
Charles Pogue, Vice President - Sales, United States Western Division
Nabil Tarfah, Vice President - Materials and Process Technology
Duke Tran, Executive Service
Rishi Sharma, Chief Officer
Kenneth MacKinnon, Independent Director
Jacques Latendresse, Independent Director
George Zarifah, Vice President - Global Capital Investment and Production
Thomas Velan, Chairman, CEO and Member of Leadership and Talent Committee
Wolfgang Maar, Executive VP of International Sales and Overseas Operations
Robert Velan, President - Emergia Aerospace
Paul Dion, Vice President Canadian Sales
Peter Velan, Director
Jose Buey, Vice President - Severe Service Applications
Karel Velan, Founder Emeritus
Gilles Sabourin, Vice President - Financial Systems, Treasurer
Paul Lee, Vice President - Sales, United States Eastern Division
Bruno Carbonaro, President, CEO
Victor Apostolescu, Vice President - Quality Assurance
John Ball, Executive Finance
Daniel Velan, Vice President - Markeing

Velan 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 Velan 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 Velan 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, Velan's short interest history, or implied volatility extrapolated from Velan options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velan Inc. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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