Michael Rice - BioLife Solutions CEO and President and Director

BLFS Stock  USD 27.16  0.10  0.37%   

CEO

Mr. Michael Rice is the President, Chief Executive Officer, Director of the Company. Mr. Rice has more than 30 years of leadership and entrepreneurial experience in the medical and high tech industries. He was most recently the senior business development manager for medical and wireless products at AMI Semiconductor, from October 2004 to August 2006. From October 2000 to August 2006, Mr. Rice also served as the director of marketing and business development at Cardiac Science, Inc., a manufacturer of automated external defibrillators. Prior to that, from May 1998 to October 2000, he was the Vice President, Sales and Marketing for TEGRIS Corporationrationration, a privately held network services provider. Mr. Rice also spent 12 years, from May 1986 to May 1998 at Physio Control Corporation in several sales and marketing management roles prior to its acquisition by Medtronic Inc. The Board has determined that Mr. Rice should serve as a director because it values managements insight.. since 2017.
Age 61
Tenure 7 years
Address 3303 Monte Villa Parkway, Bothell, WA, United States, 98021
Phone425 402 1400
Webhttps://www.biolifesolutions.com

BioLife Solutions Management Efficiency

The company has return on total asset (ROA) of (0.0597) % which means that it has lost $0.0597 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1504) %, meaning that it created substantial loss on money invested by shareholders. BioLife Solutions' management efficiency ratios could be used to measure how well BioLife Solutions manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.42 in 2024. Return On Capital Employed is likely to drop to -0.2 in 2024. At this time, BioLife Solutions' Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 306.7 M in 2024, whereas Intangible Assets are likely to drop slightly above 19.5 M in 2024.
BioLife Solutions currently holds 42.69 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. BioLife Solutions has a current ratio of 3.48, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about BioLife Solutions' use of debt, we should always consider it together with its cash and equity.

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BioLife Solutions, Inc. develops, manufactures, and supplies bioproduction tools and services for the cell and gene therapy industry in the United States, Canada, Europe, the Middle East, Africa, and internationally. BioLife Solutions, Inc. was incorporated in 1987 and is headquartered in Bothell, Washington. Biolife Solutions operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 432 people. BioLife Solutions (BLFS) is traded on NASDAQ Exchange in USA. It is located in 3303 Monte Villa Parkway, Bothell, WA, United States, 98021 and employs 409 people. BioLife Solutions is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

BioLife Solutions Leadership Team

Elected by the shareholders, the BioLife Solutions' board of directors comprises two types of representatives: BioLife Solutions inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BioLife. The board's role is to monitor BioLife Solutions' management team and ensure that shareholders' interests are well served. BioLife Solutions' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BioLife Solutions' outside directors are responsible for providing unbiased perspectives on the board's policies.
Aby Mathew, Chairman of Scientific Advisory Board, CTO and Sr. VP
Sarah JD, Chief Officer
Troy Wichterman, Chief Officer
Geraint Phillips, Senior Operations
Todd Berard, Vice President of Marketing
Karen Foster, Vice President - Operations
Troy CPA, Chief Officer
Sean Werner, Chief Officer
Marcus Schulz, Chief Officer
Michael Rice, CEO and President and Director
Roderick Greef, Interim CFO, Interim Secretary

BioLife 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 BioLife Solutions 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.

Thematic Opportunities

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Additional Tools for BioLife Stock Analysis

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