Converge Technology Company Executives

Converge Technology Management Team Effectiveness

The company has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3346) %, meaning that it generated substantial loss on money invested by shareholders. Converge Technology's management efficiency ratios could be used to measure how well Converge Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of January 2025, Return On Tangible Assets is likely to drop to -0.0011. In addition to that, Return On Capital Employed is likely to drop to 0.05. At this time, Converge Technology's Total Assets are very stable compared to the past year. As of the 30th of January 2025, Total Current Assets is likely to grow to about 1.3 B, though Net Tangible Assets are likely to grow to (365.7 M). As of the 30th of January 2025, Net Income Applicable To Common Shares is likely to grow to about 32.9 M, while Common Stock Shares Outstanding is likely to drop about 134.6 M.

Converge Technology Workforce Comparison

Converge Technology Profit Margins

The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Converge Technology Benchmark Summation

Converge Technology Notable Stakeholders

The success or failure of an entity such as Converge Technology often depends on how effective the management is. Converge Technology management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Converge management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Converge management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.

Converge Technology financial ratios help investors to determine whether Converge 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 Converge with respect to the benefits of owning Converge Technology security.