Clint Pete - Charles Colvard Interim CFO, Corporate Controller

CTHR Stock  USD 1.29  0.02  1.53%   

CFO

Mr. Clint J. Pete is Chief Financial Officer, Treasurer of the company. He was appointed as the Companys Interim Chief Financial Officer effective as of December 2, 2016 and has served as Corporationrationrate Controller of the Company since June 2016. Prior to joining the Company, Mr. Pete mostly recently served as Director of Business Planning for Oracle Corporationrationration, a cloud application company, from June 2013 to May 2016. Prior to his employment with Oracle Corporationrationration, Mr. Pete served as Business Unit Controller, Global Signaling Solutions of Tekelec, a telecommunications company, from May 2011 to May 2013. At Tekelec, Mr. Pete also previously served as Global Revenue Controller. Prior to his employment with Tekelec, Mr. Pete served as Vice President of Finance and Controllers at Qualex Inc., a Kodak company. Before joining Qualex Inc., Mr. Pete held various management positions at Ernst Young, LLP, an international public accounting firm since 2017.
Age 62
Tenure 7 years
Address 170 Southport Drive, Morrisville, NC, United States, 27560
Phone919 468 0399
Webhttps://www.charlesandcolvard.com
Pete holds a Bachelor of Business Administration degree in Accounting and Finance from Texas Tech University and is a Certified Public Accountant.

Charles Colvard Management Efficiency

The company has return on total asset (ROA) of (0.1633) % which means that it has lost $0.1633 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4578) %, meaning that it created substantial loss on money invested by shareholders. Charles Colvard's management efficiency ratios could be used to measure how well Charles Colvard manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Tangible Assets is likely to drop to -0.01. In addition to that, Return On Capital Employed is likely to drop to -0.02. At this time, Charles Colvard's Total Current Assets are relatively stable compared to the past year. As of 11/25/2024, Non Currrent Assets Other is likely to grow to about 24.1 M, while Non Current Assets Total are likely to drop slightly above 21.6 M.
Charles Colvard currently holds 2.93 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. Charles Colvard has a current ratio of 5.16, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Charles Colvard's use of debt, we should always consider it together with its cash and equity.

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Charles Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company was incorporated in 1995 and is headquartered in Morrisville, North Carolina. Charles Colvard operates under Luxury Goods classification in the United States and is traded on NASDAQ Exchange. It employs 59 people. Charles Colvard (CTHR) is traded on NASDAQ Exchange in USA. It is located in 170 Southport Drive, Morrisville, NC, United States, 27560 and employs 48 people. Charles Colvard is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification.

Management Performance

Charles Colvard Leadership Team

Elected by the shareholders, the Charles Colvard's board of directors comprises two types of representatives: Charles Colvard inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Charles. The board's role is to monitor Charles Colvard's management team and ensure that shareholders' interests are well served. Charles Colvard'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, Charles Colvard's outside directors are responsible for providing unbiased perspectives on the board's policies.
Clint CPA, CFO Treasurer
Don OConnell, COO, Senior Vice President - Supply Chain
Randall McCullough, Advisory Consulting
Clint Pete, Interim CFO, Corporate Controller
John Lane, Vice President - marketing

Charles 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 Charles Colvard 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 Charles Colvard

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

Moving against Charles Stock

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The ability to find closely correlated positions to Charles Colvard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles Colvard 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 Charles Colvard - 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 Charles Colvard to buy it.
The correlation of Charles Colvard 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 Charles Colvard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles Colvard 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 Charles Colvard 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

Additional Tools for Charles Stock Analysis

When running Charles Colvard's price analysis, check to measure Charles Colvard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Charles Colvard is operating at the current time. Most of Charles Colvard's value examination focuses on studying past and present price action to predict the probability of Charles Colvard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charles Colvard's price. Additionally, you may evaluate how the addition of Charles Colvard to your portfolios can decrease your overall portfolio volatility.