Andrew Denver - CochLear Non-Executive Director

CHEOY Stock  USD 103.45  1.34  1.28%   

Director

Mr. Andrew Leslie Denver, BSc, MBA, FAICD, is NonExecutive Director of Cochlear Limited since February 1, 2007. He was Chairman of Universal Biosensor Pty Limited, Director of CathRx Limited, Anzon Australia Limited and Principals Funds Management Pty Limited. He was former Managing Director of Memtec Limited and President Asia for Pall Corporationrationration. He is Fellow of the Australian Institute of Company Directors. He holds a BS degree in Chemistry from the University of Manchester and a Masters of Business Administration from Harvard University. He is Member of the Human Resources Committee Member of the Audit Committee Member of the Nomination Committee Member of the Medical Science Committee and Chairman of the Technology and Innovation Committee. since 2007.
Age 68
Tenure 17 years
Professional MarksMBA
Phone61 2 9428 6555
Webhttps://www.cochlear.com

CochLear Management Efficiency

The company has return on total asset (ROA) of 0.0973 % which means that it generated a profit of $0.0973 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1713 %, meaning that it generated $0.1713 on every $100 dollars invested by stockholders. CochLear's management efficiency ratios could be used to measure how well CochLear manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 253.9 M in total debt with debt to equity ratio (D/E) of 0.15, which may suggest the company is not taking enough advantage from borrowing. CochLear ADR has a current ratio of 2.47, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist CochLear until it has trouble settling it off, either with new capital or with free cash flow. So, CochLear'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 CochLear ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CochLear to invest in growth at high rates of return. When we think about CochLear's use of debt, we should always consider it together with cash and equity.

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Cochlear Limited provides implantable hearing solutions for children and adults worldwide. The company was founded in 1981 and is headquartered in Sydney, Australia. Cochlear operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 4500 people. CochLear Ltd ADR [CHEOY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

CochLear ADR Leadership Team

Elected by the shareholders, the CochLear's board of directors comprises two types of representatives: CochLear inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CochLear. The board's role is to monitor CochLear's management team and ensure that shareholders' interests are well served. CochLear'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, CochLear's outside directors are responsible for providing unbiased perspectives on the board's policies.
Glen Boreham, Non-Executive Independent Director
Greg Bodkin, Senior Vice President - Supply Chain & Operational Excellence
Jan Janssen, Senior Vice President - Design and Development
Yasmin Allen, Non-Executive Director
Rom Mendel, President Acoustics
Jennifer Stevenson, VP Brand
Kristina Devon, VP Relations
Piers Shervington, Senior Corporate Communications Manager, Investor Relations Contact Officer
Lisa Aubert, Pres America
Christopher Smith, President - Americas Region
Katharine McLennan, Senior Vice President - People and Culture
Rick HollidaySmith, Non-Executive Chairman of the Board
Anthony Bishop, President - Asia Pacific
Dig Howitt, COO
Alison Deans, Non-Executive Independent Director
Brent Cubis, CFO
Donal ODwyer, Non-Executive Director
Edward Byrne, Non-Executive Director
Richard Toselli, Chief Medical Officer
Stuart Sayers, President - Services
Neville Mitchell, CFO, Company Secretary
Richard Brook, President - European Region
Dean Phizacklea, Senior Vice President Global Marketing
Amanda Lampe, Senior Vice President - Corporate Affairs, Strategic Alignment & Public Health
Jennifer Hornery, Senior Vice President - People & Culture
Richard MBA, Pres EMEA
Jan Eng, Chief Officer
Ray Jarman, Company Secretary
Andrew Denver, Non-Executive Director
Shah Hussain, Non-Executive Independent Director
Tony Manna, President Americas Region
David Hackshall, Chief Officer
MBA BE, MD, CEO
Diggory Howitt, President Executive Director
Bruce Robinson, Independent Non-Executive Director
David Cade, Chief Medical Officer

CochLear Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is CochLear 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 CochLear

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

Moving together with CochLear Pink Sheet

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The ability to find closely correlated positions to CochLear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CochLear 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 CochLear - 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 CochLear Ltd ADR to buy it.
The correlation of CochLear 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 CochLear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CochLear ADR 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 CochLear 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CochLear Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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