Who is element fleet management company?

The Toronto-based company bought GE Capital’s Canadian fleet business in 2013 and created a Canadian-U.S. partnership. In 2014, Element expanded further by purchasing the North American fleet management business of PHH Corp., PHH Arval.

What happened to Element Fleet Management?

ELEMENT FLEET MANAGEMENT CORP. : Ex-dividend day for Element Fleet Management Corp., Signs A Lease to Occupy 64,000 Square Feet of Class A O.. National Bank Raises Element Fleet Price Target to $28, Maintains Outperform, After "So..

Does element fleet management use debt to improve its returns?

It appears that Element Fleet Management makes extensive use of debt to improve its returns, because it has an alarmingly high debt to equity ratio of 3.12. Its ROE is pretty good, but given the impact of the debt, we're less than enthused, overall.