| AKTAF Stock | | | USD 1.16 0.01 0.87% |
VP
Mr. Fred O. Hensel is Vice President Marketing of Akita Drilling Ltd., since May, 2009. He was previously Vice President, Marketing for the South from May, 2006 to April, 2009. Experienced in both marketing and operations, Mr. Hensel is responsible for the attainment of term drilling contracts, maintaining market share and ensuring that the Company fosters strong business relations with the top oil and gas companies in the industry. since 2009.
| Age | 62 |
| Tenure | 15 years |
| Phone | 403 292 7979 |
| Web | https://www.akita-drilling.com |
AKITA Drilling Management Efficiency
The company has return on total asset
(ROA) of
(0.0152) % which means that it has lost $0.0152 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.0705) %, meaning that it generated substantial loss on money invested by shareholders. AKITA Drilling's management efficiency ratios could be used to measure how well AKITA Drilling manages its routine affairs as well as how well it operates its assets and liabilities.
AKITA Drilling has accumulated 84.44
M in total debt with debt to equity ratio
(D/E) of 0.78, which is about average as compared to similar companies. AKITA Drilling has a current ratio of 1.55, which is within standard range for the sector. Debt can assist AKITA Drilling until it has trouble settling it off, either with new capital or with free cash flow. So, AKITA Drilling'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 AKITA Drilling sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AKITA to invest in growth at high rates of return. When we think about AKITA Drilling's use of debt, we should always consider it together with cash and equity.
AKITA Drilling Ltd. is an oil and gas drilling contractor in Canada and the United States. The company was founded in 1964 and is headquartered in Calgary, Canada. Akita Drilling operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 1060 people. AKITA Drilling [AKTAF] is a
Pink Sheet which is traded between brokers over the counter.
Management Performance
AKITA Drilling Leadership Team
Elected by the shareholders, the AKITA Drilling's board of directors comprises two types of representatives: AKITA Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AKITA. The board's role is to monitor AKITA Drilling's management team and ensure that shareholders' interests are well served. AKITA Drilling'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, AKITA Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.
AKITA Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is AKITA Drilling 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 AKITA Pink Sheet
AKITA Drilling financial ratios help investors to determine whether AKITA Pink Sheet 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 AKITA with respect to the benefits of owning AKITA Drilling security.