Joe Bongiorno - Davidstea Interim CFO

DTEADelisted Stock  USD 0.42  0.00  0.00%   

CFO

Mr. Joe Bongiorno is no longer as Interim Chief Financial Officer of the Company, effective December 10, 2018. Mr. Bongiorno has served as Director of Finance since September 2017. Prior to being Director of Finance, Mr. Bongiorno served as the Companys Controller and Manager of Financial Accounting from February 2012 until September 2017. since 2018.
Age 45
Tenure 6 years
Phone888 873 0006
Webhttps://www.davidstea.com

Davidstea Management Efficiency

The company has return on total asset (ROA) of (0.0863) % which means that it has lost $0.0863 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.242) %, meaning that it created substantial loss on money invested by shareholders. Davidstea's management efficiency ratios could be used to measure how well Davidstea manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 12.55 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Davidstea has a current ratio of 2.84, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Davidstea until it has trouble settling it off, either with new capital or with free cash flow. So, Davidstea'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 Davidstea sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Davidstea to invest in growth at high rates of return. When we think about Davidstea's use of debt, we should always consider it together with cash and equity.

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DAVIDsTEA Inc. operates as a specialty tea retailer in Canada and the United States. DAVIDsTEA Inc. was incorporated in 2008 and is headquartered in Mount Royal, Canada. Davidstea is traded on NASDAQ Exchange in the United States. Davidstea (DTEA) is traded on NASDAQ Exchange in USA and employs 37 people.

Management Performance

Davidstea Leadership Team

Elected by the shareholders, the Davidstea's board of directors comprises two types of representatives: Davidstea inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Davidstea. The board's role is to monitor Davidstea's management team and ensure that shareholders' interests are well served. Davidstea'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, Davidstea's outside directors are responsible for providing unbiased perspectives on the board's policies.
Emilia Raddo, Director
Pat Marco, Director
Sarah Segal, Chief CEO
Howard Tafler, Chief Accounting Officer
William Cleman, Lead Director
Marc Macdonald, Chief Human Resource Officer
David Segal, Co-Founder and Brand Ambassador
Christine Bullen, Managing Director, U.S. Markets
Sylvain Toutant, CEO and President Director, Member of Executive Committee and Member of Real Estate Committee
Douglas Higginbotham,
David McCreight, Independent Director
Joel Silver, President CEO, Director
Peter Robinson, Director
Herschel Segal, Co-Founder, Director, Member of Executive Committee, Member of HR and Compensation Committee and Member of Real Estate Committee
Roland Walton, Director
Anne Darche, Independent Director
Max Fischer, Director
Martin Hillcoat, Vice President - Supply Chain
Luis Borgen, CFO and Treasurer
Nathalie Binda, Vice President - Marketing and E-Commerce
Laura Wordingham, Head Merchandising
Nathalie Rolland, Director Affairs
Edmund Noonan, Head of Real Estate
Joe Bongiorno, Interim CFO
Frank Zitella, CFO
Isabelle Grise, Chief Marketing and Merchandising Officer
Susan Burkman, Independent Director
Dominique Choquette, Vice President - IT
Lorenzo Salvaggio, Director
Guy Savard, Independent Director
Pierre Michaud, Independent Chairman of the Board
CA CMA, CFO and President
Nathalie Pelchat, Vice President - Merchandising
Bruce Guerriero, Director
Thomas Folliard, Independent Director
Alana Lapierre, Vice President - Human Resources
April Sabral, Vice President - Retail Sales and Operations

Davidstea 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 Davidstea 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 Davidstea

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 Davidstea 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 Davidstea will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Davidstea could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Davidstea 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 Davidstea - 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 Davidstea to buy it.
The correlation of Davidstea 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 Davidstea moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davidstea 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 Davidstea 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 income.
Note that the Davidstea information on this page should be used as a complementary analysis to other Davidstea'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in Davidstea Stock

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