Reese McNeel - Prosafe SE Chief Officer

1Q6 Stock  EUR 0.57  0.01  1.79%   

Insider

Reese McNeel is Chief Officer of Prosafe SE
Age 46
Phone47 51 64 25 00
Webhttps://www.prosafe.com

Prosafe SE Management Efficiency

The company has return on total asset (ROA) of 0.0306 % which means that it generated a profit of $0.0306 on every $100 spent on assets. This is way below average. Prosafe SE's management efficiency ratios could be used to measure how well Prosafe SE manages its routine affairs as well as how well it operates its assets and liabilities.
Prosafe SE has accumulated 1.51 B in total debt. Prosafe SE has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prosafe SE until it has trouble settling it off, either with new capital or with free cash flow. So, Prosafe SE'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 Prosafe SE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prosafe to invest in growth at high rates of return. When we think about Prosafe SE's use of debt, we should always consider it together with cash and equity.

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Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and internationally. Prosafe SE was founded in 1972 and is headquarter in Stavanger, Norway. PROSAFE SE is traded on Frankfurt Stock Exchange in Germany. Prosafe SE (1Q6) is traded on Frankfurt Exchange in Germany and employs 103 people.

Management Performance

Prosafe SE Leadership Team

Elected by the shareholders, the Prosafe SE's board of directors comprises two types of representatives: Prosafe SE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prosafe. The board's role is to monitor Prosafe SE's management team and ensure that shareholders' interests are well served. Prosafe SE'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, Prosafe SE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Birgit AagaardSvendsen, Independent Non-Executive Director
Reese McNeel, Chief Officer
Cecilie Ouff, Sr Relations
Ryan Stewart, Chief Officer
Svend Maier, Independent Non-Executive Director
Kristian Johansen, Independent Non-Executive Director
Jesper Andresen, Chief Officer
Elena Hajiroussou, Sec

Prosafe 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 Prosafe SE 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Prosafe Stock

Prosafe SE financial ratios help investors to determine whether Prosafe 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 Prosafe with respect to the benefits of owning Prosafe SE security.