Bart Veldhuizen - Eagle Bulk Director

EGLEDelisted Stock  USD 62.60  0.13  0.21%   

Director

Mr. Bart Veldhuizen is an independent Director of the Company. Mr. Veldhuizen was working in the shipping industry since 1994 on both the banking and nonbanking sides. He started his career with Van Ommeren Shipping, a Dutch public shipping and storage company, after which he joined DVB Bank SE as a Shipping Banker working in both Rotterdam and Piraeus. In 2000, he joined Smit International, a publicly listed maritime service provider active in salvage, marine contracting and harbor towage. After working for Smit International in both Greece and Singapore, Mr. Veldhuizen returned to the Netherlands in August 2003 to work with NIBC Bank, a Dutchbased merchant bank. From August 2007 until October 2011, he was the Managing Director and Head of Shipping of Lloyds Banking Group plc. In this capacity, Mr. Veldhuizen managed the combined Lloyds Bank and Bank of Scotlands shipping loan and lease portfolio. From 2011 to 2015, through his private company, he advised various credit funds and private equity firms on a variety of shipping investments in both the credit and hard asset spaces. From 2015 to 2017, Mr. Veldhuizen was on the Board of Managing Directors of DVB Bank SE where he was responsible for the banks shipping and offshore franchises. Mr. Veldhuizen holds a degree in Business Economics from the Erasmus University in Rotterdam, the Netherlands since 2014.
Age 51
Tenure 10 years
Phone203 276 8100
Webhttps://www.eagleships.com
Veldhuizen is a former Director of Seadrill Partners LLC and Golar LNG Partners LP as well as a Board Member of A.R. Investments PTE Ltd, a joint venture between Apollo Global Management and the Rickmers Group. In March 2019, Mr. Veldhuizen joined the board of Diamond S Shipping Inc. as an independent Member of the Board. The Board of Directors selected Mr. Veldhuizen brings over 20 years of experience in international banking specialized in shipping to the Board of Directors.

Eagle Bulk Management Efficiency

The company has return on total asset (ROA) of 0.0136 % which means that it generated a profit of $0.0136 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.032 %, meaning that it created $0.032 on every $100 dollars invested by stockholders. Eagle Bulk's management efficiency ratios could be used to measure how well Eagle Bulk manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 492.53 M in liabilities with Debt to Equity (D/E) ratio of 0.53, which is about average as compared to similar companies. Eagle Bulk Shipping has a current ratio of 1.75, which is within standard range for the sector. Debt can assist Eagle Bulk until it has trouble settling it off, either with new capital or with free cash flow. So, Eagle Bulk'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 Eagle Bulk Shipping sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eagle to invest in growth at high rates of return. When we think about Eagle Bulk's use of debt, we should always consider it together with cash and equity.

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Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. Eagle Bulk Shipping Inc. was incorporated in 2005 and is headquartered in Stamford, Connecticut. Eagle Bulk operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1000 people. Eagle Bulk Shipping (EGLE) is traded on New York Stock Exchange in USA. It is located in 300 First Stamford Place, Stamford, CT, United States, 06902 and employs 1,025 people. Eagle Bulk is listed under Transportation category by Fama And French industry classification.

Management Performance

Eagle Bulk Shipping Leadership Team

Elected by the shareholders, the Eagle Bulk's board of directors comprises two types of representatives: Eagle Bulk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eagle. The board's role is to monitor Eagle Bulk's management team and ensure that shareholders' interests are well served. Eagle Bulk'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, Eagle Bulk's outside directors are responsible for providing unbiased perspectives on the board's policies.
Constantine Tsoutsoplides, CFO Secretary
Paul Leand, Director
Costa Tsoutsoplides, Chief Officer
Gary Weston, Director
Jonathan Dowsett, Director Performance
Bo Westergaard, Chief Officer
Bart Veldhuizen, Director
Casey Shanley, Director
Michael Mitchell, General Counsel
Justin Knowles, Director
Gary Vogel, CEO and Director
Randee Day, Director
Frank Costanzo, CFO, Secretary

Eagle 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 Eagle Bulk 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 Eagle Bulk

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

Moving together with Eagle Stock

  0.9SB Safe Bulkers Financial Report 8th of May 2024 PairCorr
  0.77SB-PC Safe BulkersPairCorr
  0.82SB-PD Safe BulkersPairCorr

Moving against Eagle Stock

  0.86GASS StealthGasPairCorr
  0.86ZIM ZIM Integrated Shipping Financial Report 27th of May 2024 PairCorr
  0.71NAT Nordic American Tankers Financial Report 27th of May 2024 PairCorr
  0.49DAC Danaos Financial Report 20th of May 2024 PairCorr
  0.46PXSAW Pyxis TankersPairCorr
The ability to find closely correlated positions to Eagle Bulk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Bulk 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 Eagle Bulk - 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 Eagle Bulk Shipping to buy it.
The correlation of Eagle Bulk 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 Eagle Bulk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Bulk Shipping 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 Eagle Bulk 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 bureau of economic analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Other Consideration for investing in Eagle Stock

If you are still planning to invest in Eagle Bulk Shipping 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 Eagle Bulk's history and understand the potential risks before investing.
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