Lorrie Norrington - Asana Lead Independent Director

ASAN Stock  USD 15.74  1.02  6.93%   

Insider

Lorrie Norrington is Lead Independent Director of Asana Inc since 2021.
Age 61
Tenure 3 years
Address 633 Folsom Street, San Francisco, CA, United States, 94107
Phone415 525 3888
Webhttps://asana.com

Asana Management Efficiency

The company has return on total asset (ROA) of (0.1803) % which means that it has lost $0.1803 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8306) %, meaning that it created substantial loss on money invested by shareholders. Asana's management efficiency ratios could be used to measure how well Asana manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to drop to -0.28. In addition to that, Return On Capital Employed is likely to drop to -0.48. As of the 24th of November 2024, Net Tangible Assets is likely to grow to about 430.6 M, while Total Assets are likely to drop about 713.3 M.
Asana Inc currently holds 277.88 M in liabilities with Debt to Equity (D/E) ratio of 2.71, implying the company greatly relies on financing operations through barrowing. Asana Inc has a current ratio of 1.13, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Asana's use of debt, we should always consider it together with its cash and equity.

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Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. Asana Inc operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 1666 people. Asana Inc (ASAN) is traded on New York Stock Exchange in USA. It is located in 633 Folsom Street, San Francisco, CA, United States, 94107 and employs 1,840 people. Asana is listed under Systems Software category by Fama And French industry classification.

Management Performance

Asana Inc Leadership Team

Elected by the shareholders, the Asana's board of directors comprises two types of representatives: Asana inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asana. The board's role is to monitor Asana's management team and ensure that shareholders' interests are well served. Asana'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, Asana's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dustin Moskovitz, Chairman of the Board, President, Chief Executive Officer, Co-Founder
Prashant Pandey, Head Engineering
Alex Hood, Head Product
Ed McDonnell, Head Revenue
Amit Singh, Director
Sydney Carey, Independent Director
Lorrie Norrington, Lead Independent Director
Eleanor Lacey, General Counsel, Corporate Secretary
Andrew Lindsay, Director
Eleanor Esq, Head Counsel
Catherine Buan, Head Relations
Anne Raimondi, Chief Operating Officer
Matthew Cohler, Independent Director
Tim Wan, Chief Financial Officer
Kenny Zant, Head Business
Justin Rosenstein, Co-Founder, Director
Dave King, Head Marketing
Anna Binder, Head Operations
Krista AndersonCopperman, Advisor Director
Saket Srivastava, Head Technology
Shannon Duffy, Head Marketing
Sonalee Parekh, Chief Officer
Eda Gultekin, Head Revenue
Adam DAngelo, Independent Director

Asana 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 Asana 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 Asana

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

Moving together with Asana Stock

  0.77DJCO Daily Journal CorpPairCorr

Moving against Asana Stock

  0.38VTEX VTEXPairCorr
The ability to find closely correlated positions to Asana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asana 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 Asana - 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 Asana Inc to buy it.
The correlation of Asana 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 Asana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asana Inc 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 Asana 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 Asana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asana'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 Asana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asana Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Systems Software space 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 Asana. If investors know Asana 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 Asana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.15)
Revenue Per Share
3.053
Quarterly Revenue Growth
0.103
Return On Assets
(0.18)
Return On Equity
(0.83)
The market value of Asana Inc is measured differently than its book value, which is the value of Asana that is recorded on the company's balance sheet. Investors also form their own opinion of Asana's value that differs from its market value or its book value, called intrinsic value, which is Asana'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 Asana's market value can be influenced by many factors that don't directly affect Asana'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 Asana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asana'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.