| FCMC Stock | | | EUR 1,480 30.00 2.07% |
CEO
Mr. Alain Fabre has served as Chief Executive Officer and Director of Fermiere Du Casino Municipal De Cannes SA since January 19, 2009. He previously became Director of the Company on October 31, 2008. He started his professional career in the games industry in 1981. In 1993, he joined the Barriere group as a Member of the Management Committee and occupied the post of Chief Executive Officer of the Casino de Trouville, of the Casino of Enghien les Bains from 1998, and from March 1999, of the Casino of Cassis. He currently holds other mandates, including Chairman of Societe Casinotiere du Littoral Cannois SAS as of September 9, 2011 and the Permanent Representative of the Company at Societe dEconomie Mixte pour les Evenements Cannois. since 2009.
| Tenure | 16 years |
| Phone | 33 4 92 98 78 00 |
| Web | https://www.groupesfcmc.com |
Ferm Casino Management Efficiency
Ferm Casino's management efficiency ratios could be used to measure how well Ferm Casino manages its routine affairs as well as how well it operates its assets and liabilities.
Ferm Casino Mun has accumulated 48.46
M in total debt with debt to equity ratio
(D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Ferm Casino Mun has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ferm Casino until it has trouble settling it off, either with new capital or with free cash flow. So, Ferm Casino'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 Ferm Casino Mun sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ferm to invest in growth at high rates of return. When we think about Ferm Casino's use of debt, we should always consider it together with cash and equity.
Similar Executives
Socit Fermire du Casino Municipal de Cannes operates casinos and hotels in France. The company was founded in 1919 and is based in Cannes, France. FERM CAS operates under Hotels Travel And Leisure classification in France and is traded on Paris Stock Exchange. It employs 758 people. Ferm Casino Mun (FCMC) is traded on Euronext Paris in France and employs 700 people.
Management Performance
Ferm Casino Mun Management Team
Elected by the shareholders, the Ferm Casino's board of directors comprises two types of representatives: Ferm Casino inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ferm. The board's role is to monitor Ferm Casino's management team and ensure that shareholders' interests are well served. Ferm Casino'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, Ferm Casino's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ferm 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 Ferm Casino 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.
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Other Information on Investing in Ferm Stock
Ferm Casino financial ratios help investors to determine whether Ferm Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ferm with respect to the benefits of owning Ferm Casino security.