Goodfellow Stock Today

GDL Stock  CAD 13.17  0.06  0.46%   

Performance

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Odds Of Distress

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Goodfellow is selling at 13.17 as of the 27th of December 2024; that is 0.46% up since the beginning of the trading day. The stock's open price was 13.11. Goodfellow has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 27th of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Goodfellow Inc. engages in the wholesale distribution of lumber products, building materials, and hardwood flooring products to the retail trade, industrial, and manufacturing sectors in Canada and the United States. Goodfellow Inc. was incorporated in 1972 and is headquartered in Delson, Canada. The company has 8.47 M outstanding shares of which 928 shares are currently shorted by private and institutional investors with about 0.22 days to cover all short positions. More on Goodfellow

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Goodfellow Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goodfellow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goodfellow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Vice President AtlanticDavid Warren
Business ConcentrationPaper & Forest Products, Lumber & Wood Production, Basic Materials, Materials, Paper & Forest Products, Lumber & Wood Production, Basic Materials (View all Sectors)
Goodfellow's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Goodfellow's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Goodfellow can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Goodfellow's financial leverage. It provides some insight into what part of Goodfellow's total assets is financed by creditors.
Liquidity
Goodfellow cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Goodfellow has accumulated 13.23 M in total debt with debt to equity ratio (D/E) of 60.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goodfellow has a current ratio of 1.64, which is within standard range for the sector. Debt can assist Goodfellow until it has trouble settling it off, either with new capital or with free cash flow. So, Goodfellow'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 Goodfellow sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goodfellow to invest in growth at high rates of return. When we think about Goodfellow's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(3.7 Million)
Goodfellow (GDL) is traded on Toronto Exchange in Canada and employs 687 people. Goodfellow is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 110.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodfellow's market, we take the total number of its shares issued and multiply it by Goodfellow's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Goodfellow operates under Paper & Forest Products sector and is part of Materials industry. The entity has 8.47 M outstanding shares of which 928 shares are currently shorted by private and institutional investors with about 0.22 days to cover all short positions. Goodfellow has accumulated about 2.94 M in cash with 42.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
Check Goodfellow Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Goodfellow is C$110.98 Million. Goodfellow secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Goodfellow Ownership Details

Goodfellow Risk Profiles

Although Goodfellow's alpha and beta are two of the key measurements used to evaluate Goodfellow's performance over the market, the standard measures of volatility play an important role as well.

Goodfellow Stock Against Markets

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Goodfellow Corporate Management

Elected by the shareholders, the Goodfellow's board of directors comprises two types of representatives: Goodfellow inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodfellow. The board's role is to monitor Goodfellow's management team and ensure that shareholders' interests are well served. Goodfellow'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, Goodfellow's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary LohmusExecutive VP and Sr. VP of Ontario and Western CanadaProfile
Patrick GoodfellowVP of HardwoodProfile
Eric McNeelyVice FlooringProfile
Eric BissonVice QuebecProfile
Olivia GoodfellowSecretary BoardProfile

Other Information on Investing in Goodfellow Stock

Goodfellow financial ratios help investors to determine whether Goodfellow Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodfellow with respect to the benefits of owning Goodfellow security.