Prem Watsa - BlackBerry Lead Independent Director

BB Stock  USD 2.75  0.04  1.43%   

Director

Mr. V. Prem Watsa is Lead Independent Director of BlackBerry Ltd. He served as a director of the Company from January 2012 to August 2013 and was the Lead Director of the Board and Chair of the Compensation, Nomination and Governance Committee since November 2013. He has a bachelors degree in chemical engineering from the Indian Institute of Technology in Madras, India and obtained his MBA from the Richard Ivey School of Business at the University of Western Ontario. He is also a holder of the Chartered Financial Analyst designation. Mr. Watsa is currently Chairman and has served as Chief Executive Officer of Fairfax Financial Holdings Limited since 1985 since 2013.
Age 67
Tenure 11 years
Address 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7
Phone519-888-7465
Webhttps://www.blackberry.com
Watsa is also the Chairman of the boards of directors of Fairfax India Holdings Corporationration and Fairfax Africa Holdings Corporationrationrationration, Fairfax’s publiclytraded subsidiaries. He is also Vice President of Hamblin Watsa Investment Counsel, a subsidiary of Fairfax. Prior to joining Fairfax, he held various positions with Confederation Life Insurance Company and GW Asset Management. In addition to the public boards indicated below, Mr. Watsa is a member of the board of trustees of the Hospital for Sick Children Foundation, a member of the Advisory Board for the Richard Ivey School of Business, a member of the board of directors of the Royal Ontario Museum Foundation, and Chairman of the Investment Committee of St. Paul’s Anglican Church in Toronto.

BlackBerry Management Efficiency

The company has Return on Asset (ROA) of (0.0142) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0142. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.1592) %, which implies that it produced no returns to current stockholders. BlackBerry's management efficiency ratios could be used to measure how well BlackBerry manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.18. The current year's Return On Capital Employed is expected to grow to -0.03. At present, BlackBerry's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Net Current Asset Value is expected to grow to about 1.8 B, whereas Total Assets are forecasted to decline to about 1.3 B.
The company reports 251.65 M of total liabilities with total debt to equity ratio (D/E) of 0.4, which is normal for its line of buisiness. BlackBerry has a current ratio of 1.78, which is generally considered normal. Debt can assist BlackBerry until it has trouble settling it off, either with new capital or with free cash flow. So, BlackBerry'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 BlackBerry sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackBerry to invest in growth at high rates of return. When we think about BlackBerry's use of debt, we should always consider it together with cash and equity.

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BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. Blackberry is traded on New York Stock Exchange in the United States. BlackBerry (BB) is traded on New York Stock Exchange in USA. It is located in 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 and employs 2,647 people. BlackBerry is listed under Systems Software category by Fama And French industry classification.

Management Performance

BlackBerry Leadership Team

Elected by the shareholders, the BlackBerry's board of directors comprises two types of representatives: BlackBerry inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackBerry. The board's role is to monitor BlackBerry's management team and ensure that shareholders' interests are well served. BlackBerry'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, BlackBerry's outside directors are responsible for providing unbiased perspectives on the board's policies.
Barbara Stymiest, Independent Director
Lisa Disbrow, Independent Director
John Giamatteo, President - Cyber Security Business Unit
David Werezak, Vice Marketing
Sai Ho, Executive Vice President - BlackBerry Spark Group Products and Value Added Solutions
Steve Rai, Chief Financial Officer
Mark Wilson, Chief Marketing Officer
John Chen, Executive Chairman of the Board, Chief Executive Officer
Laurie Alsup, Independent Director
Steven Zipperstein, Chief Legal Officer, Corporate Secretary
Charles Eagan, Chief Officer
Bryan Palma, President, Chief Operating Officer
John Dimitropoulos, Strategy Development
Michael Daniels, Independent Director
Marjorie Dickman, Chief Government Affairs and Public Policy Officer
Arvind Raman, Chief Officer
Prem Watsa, Lead Independent Director
Steven Capelli, Chief Financial Officer, Chief Operating Officer
Nita WhiteIvy, Executive Vice President - Human Resources
Philip CFA, Chief Secretary
V Watsa, Lead Independent Director
Wayne Wouters, Independent Director
Mattias Eriksson, President and General Manager - IoT Business Unit
Jennifer ArmstrongOwen, Senior Officer
Marty Beard, COO
Tim Foote, Investor Relations
Thomas Eacobacci, President, Chief Operating Officer
Jesse Harold, Acting Officer
Vito Giallorenzo, Senior Solutions
Stuart McClure, President - BlackBerry Cylance
Randall Cook, Chief Compliance Officer, Chief Risk Officer
May Mitchell, Vice President Global Channel Sales and Field Marketing
Richard Lynch, Independent Director
Carl Wiese, President - Global Sales
Sandeep Chennakeshu, President - BlackBerry Technology Solutions
Timothy Dattels, Independent Director

BlackBerry 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 BlackBerry 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 BlackBerry

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

Moving against BlackBerry Stock

  0.49VRNT Verint Systems Financial Report 5th of June 2024 PairCorr
  0.46EEFT Euronet Worldwide Financial Report 7th of May 2024 PairCorr
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.
The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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 BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry'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 Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. 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 labor statistics.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for BlackBerry Stock analysis

When running BlackBerry's price analysis, check to measure BlackBerry'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 BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
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Is BlackBerry'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 BlackBerry. If investors know BlackBerry 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 BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
1.459
Quarterly Revenue Growth
0.146
Return On Assets
(0.01)
Return On Equity
(0.16)
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry'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 BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry'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 BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.