Thomas Rice - Chemed Corp Independent Director

CHE Stock  USD 447.74  5.66  1.25%   

Director

Mr. Thomas P. Rice serves as an Independent Director of the Company. Mr. Rices experience, qualifications, attributes and skills include having served as Chief Executive Officer of Andrx Corporationrationration, Fort Lauderdale, Florida, from February 2004 to November 2006, when Andrx was sold to Watson Pharmaceuticals. Following the sale, Mr. Rice returned as General Manager and Majority Partner of Columbia Investments LLC, Baltimore, Maryland, which invests in local emerging businesses in Baltimore and which Mr. Rice cofounded in January 1996. He was also a Director of Par Pharmaceuticals, Woodcliff Lake, NJ until November 2012. From January 1999 to March 2003, he was President and Chief Executive Officer of Chesapeake Biological Laboratories, Inc., Solomons, Maryland . Before cofounding Columbia Investments LLC, Mr. Rice served as Executive Vice President and Chief Operating Officer of Circa Pharmaceuticals, Inc., Copiague, New York, from June 1993 to January 1996 since 2009.
Age 70
Tenure 17 years
Address 255 East Fifth Street, Cincinnati, OH, United States, 45202-4726
Phone513 762 6690
Webhttps://www.chemed.com
Rice was also the Chief Financial Officer of Circa from June 1993 to January 1995. Prior to joining Circa, Mr. Rice spent seven years as an accountant with Deloitte & Touche LLP, an international accounting firm. He earned a Master’s degree in finance from Loyola University. He was a director of Circa from June 1993 to January 1996, a director of Chesapeake from January 1997 to January 1999 and a director of Andrx from April 2003 to November 2006.

Chemed Corp Management Efficiency

The company has Return on Asset of 0.1297 % which means that on every $100 spent on assets, it made $0.1297 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2411 %, implying that it generated $0.2411 on every 100 dollars invested. Chemed Corp's management efficiency ratios could be used to measure how well Chemed Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Assets is expected to grow to 0.17, whereas Return On Tangible Assets are forecasted to decline to 0.15. At present, Chemed Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 176.4 M, whereas Other Assets are projected to grow to (107.9 M).
Chemed Corp has 140.84 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Chemed Corp has a current ratio of 0.7, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. That said, strategic use of leverage may enable Chemed to fund expansion initiatives and generate superior returns.

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Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio. Chemed operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 14137 people. Chemed Corp (CHE) is traded on New York Stock Exchange in USA and employs 15,695 people. Chemed Corp is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Chemed Corp Leadership Team

Elected by the shareholders, the Chemed Corp's board of directors comprises two types of representatives: Chemed Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chemed. The board's role is to monitor Chemed Corp's management team and ensure that shareholders' interests are well served. Chemed Corp'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, Chemed Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Naomi Dallob, Vice President and the Secretary and Chief Legal Officer
Joel Gemunder, Independent Director
Holley Schmidt, Vice Controller
Sherri Warner, Director Relations
Nicholas Westfall, Executive Vice President
Christopher Heaney, Independent Director
Joel Wherley, President Healthcare
Walter Krebs, Independent Director
Nathan McNamara, VP Officer
David Williams, Chief Financial Officer, Executive Vice President
Andrea Lindell, Independent Director
George Walsh, Independent Chairman of the Board
Thomas Rice, Independent Director
Patrick Grace, Independent Director
Frank Wood, Independent Director
Thomas Hutton, VP Director
Kevin McNamara, President, Chief Executive Officer, Director
Spencer Lee, Executive Vice President
Ron DeLyons, Independent Director
Thomas JD, VP Director
Donald Saunders, Independent Director
Michael Witzeman, Principal Accounting Officer, Controller
Lisa Reinhard, Chief VP
Brian Judkins, Vice President Chief Legal Officer, Secretary
Brian JD, Secretary VP

Chemed 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 Chemed Corp 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.

Also Currently Popular

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When determining whether Chemed Corp is a strong investment it is important to analyze Chemed Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemed Corp's future performance. For an informed investment choice regarding Chemed Stock, refer to the following important reports:
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Will Health Care Providers & Services sector continue expanding? Could Chemed diversify its offerings? Factors like these will boost the valuation of Chemed Corp. Projected growth potential of Chemed fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Chemed Corp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.11)
Dividend Share
2.1
Earnings Share
18.89
Revenue Per Share
173.168
Quarterly Revenue Growth
0.031
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Chemed Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Chemed Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Chemed Corp's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.