Fabien Sevestre - Foraco International Deputy Officer

FRACF Stock  USD 1.59  0.06  3.64%   

Executive

Mr. Fabien Sevestre is a Deputy Chief Financial Officer of Foraco International SA since 2007 and he joined the Company in 2001 as a Cost Controller in charge of the Company South American and European operations. Prior to his involvement with the Company, from 2000 to 2001, he worked as an auditor for Fidulor in France, a subsidiary of Grant Thornton. Mr. Sevestre holds a DECF in Accounting from the Technical University of Montpellier . since 2007.
Tenure 17 years
Phone33 4 96 15 13 60
Webhttps://www.foraco.com

Foraco International Management Efficiency

The company has return on total asset (ROA) of 0.1 % which means that it generated a profit of $0.1 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3135 %, meaning that it generated $0.3135 on every $100 dollars invested by stockholders. Foraco International's management efficiency ratios could be used to measure how well Foraco International manages its routine affairs as well as how well it operates its assets and liabilities.
Foraco International SA has accumulated 93.99 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Foraco International has a current ratio of 1.52, which is within standard range for the sector. Debt can assist Foraco International until it has trouble settling it off, either with new capital or with free cash flow. So, Foraco International'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 Foraco International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foraco to invest in growth at high rates of return. When we think about Foraco International's use of debt, we should always consider it together with cash and equity.
Foraco International SA, together with its subsidiaries, provides drilling services worldwide. The company was founded in 1961 and is headquartered in Marseille, France. Foraco Intl operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2937 people. Foraco International SA [FRACF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Foraco International Leadership Team

Elected by the shareholders, the Foraco International's board of directors comprises two types of representatives: Foraco International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Foraco. The board's role is to monitor Foraco International's management team and ensure that shareholders' interests are well served. Foraco International'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, Foraco International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Bremner, Sr. VP of North America
Daniel Simoncini, Chairman and CEO
Olivier Demesy, Vice President Brazil
Fabien Sevestre, Deputy Officer
Peter Jacobs, Sr. VP of Asia Pacific
JeanPierre Charmensat, Co-CEO, Acting CFO, Director
Philippe Violle, VP Services
Laurence Mahieux, Corporate Counsel

Foraco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Foraco International 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Foraco Pink Sheet

Foraco International financial ratios help investors to determine whether Foraco Pink Sheet 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 Foraco with respect to the benefits of owning Foraco International security.