Covalon Technologies Company Insiders
| COV Stock | CAD 1.20 0.10 9.09% |
Covalon Technologies employs about 29 people. The company is managed by 29 executives with a total tenure of roughly 135 years, averaging almost 4.0 years of service per executive, having 1.0 employees per reported executive. Recap of Covalon Technologies' management performance can provide insight into the venture performance.
| Brian Pedlar CEO President, Chief Executive Officer, Director |
| Abe Schwartz Chairman Chairman of The Board, Advisor and Member of Audit Committee |
Covalon |
Covalon Technologies Management Team Effectiveness
The company has return on total asset (ROA) of (0.1349) % which means that it has lost $0.1349 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2398) %, meaning that it generated substantial loss on money invested by shareholders. Covalon Technologies' management efficiency ratios could be used to measure how well Covalon Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.18 in 2024. Return On Capital Employed is likely to drop to -0.22 in 2024. At this time, Covalon Technologies' Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 637.1 K in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 115.6 K in 2024.Common Stock Shares Outstanding is likely to drop to about 15.1 M in 2024. Net Loss is likely to climb to about (10.6 M) in 2024
Covalon Technologies Workforce Comparison
Covalon Technologies is currently under evaluation in number of employees category among related companies. The total workforce of Health Care industry is currently estimated at about 929,818. Covalon Technologies adds roughly 0.0 in number of employees claiming only tiny portion of equities under Health Care industry.
Covalon Technologies Profit Margins
The company has Profit Margin (PM) of (0.2) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.32) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.32.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.43 | 0.49 |
|
|
Covalon Technologies Benchmark Summation
Operator |
The output start index for this execution was zero with a total number of output elements of sixty-one. Covalon Technologies Price Series Summation is a cross summation of Covalon Technologies price series and its benchmark/peer.
Covalon Technologies Notable Stakeholders
A Covalon Technologies stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Covalon Technologies often face trade-offs trying to please all of them. Covalon Technologies' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Covalon Technologies' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
About Covalon Technologies Management Performance
The success or failure of an entity such as Covalon Technologies often depends on how effective the management is. Covalon Technologies management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Covalon management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Covalon management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.17) | (0.18) | |
| Return On Capital Employed | (0.21) | (0.22) | |
| Return On Assets | (0.16) | (0.17) | |
| Return On Equity | (0.21) | (0.22) |
The data published in Covalon Technologies' official financial statements usually reflect Covalon Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Covalon Technologies. For example, before you start analyzing numbers published by Covalon accountants, it's critical to develop an understanding of what Covalon Technologies' liquidity, profitability, and earnings quality are in the context of the Biotechnology space in which it operates.
Please note, the presentation of Covalon Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Covalon Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Covalon Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Covalon Technologies. Please utilize our Beneish M Score to check the likelihood of Covalon Technologies' management manipulating its earnings.
Covalon Technologies Workforce Analysis
Traditionally, organizations such as Covalon Technologies use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Covalon Technologies within its industry.Covalon Technologies Manpower Efficiency
Return on Covalon Technologies Manpower
| Revenue Per Employee | 917.1K | |
| Revenue Per Executive | 917.1K | |
| Net Loss Per Employee | 153.8K | |
| Net Loss Per Executive | 153.8K | |
| Working Capital Per Employee | 555.3K | |
| Working Capital Per Executive | 555.3K |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covalon Technologies. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Covalon Stock analysis
When running Covalon Technologies' price analysis, check to measure Covalon Technologies' 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 Covalon Technologies is operating at the current time. Most of Covalon Technologies' value examination focuses on studying past and present price action to predict the probability of Covalon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covalon Technologies' price. Additionally, you may evaluate how the addition of Covalon Technologies to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |