Ellen Carnahan - Enova International Independent Director

ENVA Stock  USD 61.73  1.50  2.37%   

Director

Ms. Ellen Carnahan is an Independent Director of Enova International Inc. Ms. Carnahan has over 25 years of experience as an institutional private equity investor. Ms. Carnahan is currently a Principal of Machrie Enterprises where she serves as an advisor to VC funds and invests in private companies and venture funds. She previously spent 18 years at William Blair Capital Management, where she served as Managing Director and Head of Technology Investing. Ms. Carnahan currently serves on the board of directors of Paylocity Holding Corporation since her appointment in November 2016. Ms. Carnahan has served on the boards of directors for more than a dozen companies, including, from 2003 to 2015, as a director for Integrys Energy Group, Inc., an energy holding company whose operating subsidiaries provided natural gas and electricity in regulated and nonregulated markets. Ms. Carnahan is an active member of Chicagos corporate and entrepreneurship community. She is the past chair of several community organizations since 2015.
Age 65
Tenure 9 years
Address 175 West Jackson Boulevard, Chicago, IL, United States, 60604
Phone312 568 4200
Webhttps://www.enova.com
Carnahan received a Bachelor of Business Administration from the University of Notre Dame and a Master in Business Administration from the University of Chicago Business School, both with highest honors.

Enova International Management Efficiency

The company has return on total asset (ROA) of 0.0407 % which means that it generated a profit of $0.0407 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1456 %, meaning that it created $0.1456 on every $100 dollars invested by stockholders. Enova International's management efficiency ratios could be used to measure how well Enova International manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Assets is expected to grow to 0.06, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, Enova International's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 87.5 M, whereas Non Current Assets Total are forecasted to decline to about 390.8 M.
The company currently holds 2.99 B in liabilities with Debt to Equity (D/E) ratio of 1.83, which is about average as compared to similar companies. Enova International has a current ratio of 17.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Enova International until it has trouble settling it off, either with new capital or with free cash flow. So, Enova International'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 Enova International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enova to invest in growth at high rates of return. When we think about Enova International's use of debt, we should always consider it together with cash and equity.

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Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois. Enova International operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 1463 people. Enova International (ENVA) is traded on New York Stock Exchange in USA. It is located in 175 West Jackson Boulevard, Chicago, IL, United States, 60604 and employs 1,675 people. Enova International is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

Enova International Leadership Team

Elected by the shareholders, the Enova International's board of directors comprises two types of representatives: Enova International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enova. The board's role is to monitor Enova International's management team and ensure that shareholders' interests are well served. Enova International'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, Enova International's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Fisher, Chairman of the Board, Chief Executive Officer
Steven Cunningham, CFO, Executive Vice President Treasurer
Ellen Carnahan, Independent Director
Daniel Feehan, Director and CEO of Cash America
Sean Rahilly, Chief Compliance Officer, General Counsel, Secretary
David Habiger, Independent Director
Linda Rice, Independent Director
Robert Clifton, CFO, VP and Treasurer
David JD, Chairman CEO
William Goodyear, Independent Director
Monica Gould, Investor Relations
Lindsay Savarese, Investor Relations
Stacey Kraft, Chief Officer
Gregg Kaplan, Independent Director
Mark McGowan, Independent Director
Daniel Shteyn, Vice President - Operations
Nick Drew, Managing Director
Greg Zeeman, COO, Executive Vice President
Gregory Zeeman, COO and Executive VP
Jim Salters, Vice President - Operations
James Lee, Chief Accounting Officer
Kirk Chartier, Senior Vice President Chief Marketing Officer
Mark Tebbe, Independent Director
John Higginson, CTO, Vice President
Alex King, Sr. VP of Operations
Joseph DeCosmo, Vice President- Chief Analytics Officer
Lisa Young, VP, General Counsel and Secretary
James Gray, Lead Independent Director

Enova 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 Enova International 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 Enova International

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

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The ability to find closely correlated positions to Enova International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enova International 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 Enova International - 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 Enova International to buy it.
The correlation of Enova International 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 Enova International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enova International 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 Enova International 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 Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International'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 Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Enova International'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 Enova International. If investors know Enova 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 Enova International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.051
Earnings Share
5.57
Revenue Per Share
35.897
Quarterly Revenue Growth
0.155
Return On Assets
0.0407
The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International'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 Enova International's market value can be influenced by many factors that don't directly affect Enova International'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 Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International'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.