Joao Bomfim - Companhia Executive

CTNM4 Preferred Stock  BRL 0.86  0.00  0.00%   

Executive

Mr. Joao Batista da Cunha Bomfim serves as Investor Relations Officer and a Member of the Executive Board of Companhia de Tecidos Norte de Minas Coteminas. He is also Alternate Member of the Company Board of Directors. He was Member of the Executive Board of Wembley Sociedade Anonima, Empresa Nacional de Comercio, Credito e Participacoes SA ENCOPAR and Companhia de Tecidos Santanense, as well as Member of the Board of Directors of Springs Global Participacoes SA. He holds a Technician degree in Accounting and a Bachelors degree in Law. He attended to courses in Fiscal, Tax and Corporationrationrate Law at Instituto dos Advogados in Minas Gerais in 1972. He gained a degree in Accounting from Fundacao Joao Pinheiro and in Business Administration from Universidade Federal de Minas Gerais.
Age 72
Phone55 38 4009 5000
Webhttps://www.coteminas.com.br

Companhia Management Efficiency

Companhia's management efficiency ratios could be used to measure how well Companhia manages its routine affairs as well as how well it operates its assets and liabilities.
Companhia de Tecidos has accumulated 467.95 M in total debt with debt to equity ratio (D/E) of 1.3, which is about average as compared to similar companies. Companhia de Tecidos has a current ratio of 1.05, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Companhia until it has trouble settling it off, either with new capital or with free cash flow. So, Companhia'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 Companhia de Tecidos sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Companhia to invest in growth at high rates of return. When we think about Companhia's use of debt, we should always consider it together with cash and equity.

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Companhia de Tecidos Norte de Minas produces, markets, exports, imports, and sells yarns and fabrics in Brazil and internationally. Companhia de Tecidos Norte de Minas was founded in 1967 and is headquartered in Montes Claros, Brazil. COTEMINAS operates under Textile Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange. Companhia de Tecidos (CTNM4) is traded on Sao Paulo Exchange in Brazil and employs 10,859 people.

Management Performance

Companhia de Tecidos Leadership Team

Elected by the shareholders, the Companhia's board of directors comprises two types of representatives: Companhia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Companhia. The board's role is to monitor Companhia's management team and ensure that shareholders' interests are well served. Companhia'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, Companhia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pedro Rudge, Independent Director
Joao Paula, Director
Josue Silva, Chairman of the Board, Chief Executive Officer, Member of the Executive Board
Ana Costa, Independent Director
Daniel Tredwell, Director
Pedro Miranda, Independent Director
Ricardo Santos, Director
Marcelo Medeiros, Independent Director
Joao Bomfim, Investor Relations Officer, Member of the Executive Board
Josu Silva, Chairman Officer
Joo Bomfim, Director Director
Luiz Ferreira, Deputy Officer

Companhia Preferred Stock Performance Indicators

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