Michael Mogan - Freehold Royalties Controller

FRHLF Stock  USD 10.02  0.06  0.60%   

Executive

Mr. Michael J. Mogan is Controller of Freehold Royalties Ltd since 2011.
Tenure 13 years
Professional MarksCPA
Phone403 221 0802
Webhttps://www.freeholdroyalties.com
Mogan joined Rife in 2003 as Senior Accountant and was the Manager, Financial Accounting prior to his current role. He is a Certified Public Accountant .

Freehold Royalties Management Efficiency

The company has return on total asset (ROA) of 0.1322 % which means that it generated a profit of $0.1322 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2162 %, meaning that it generated $0.2162 on every $100 dollars invested by stockholders. Freehold Royalties' management efficiency ratios could be used to measure how well Freehold Royalties manages its routine affairs as well as how well it operates its assets and liabilities.
Freehold Royalties has accumulated 146 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Freehold Royalties has a current ratio of 2.49, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Freehold Royalties until it has trouble settling it off, either with new capital or with free cash flow. So, Freehold Royalties' 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 Freehold Royalties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freehold to invest in growth at high rates of return. When we think about Freehold Royalties' use of debt, we should always consider it together with cash and equity.

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Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. The company was founded in 1996 and is headquartered in Calgary, Canada. Freehold Royalty operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. Freehold Royalties [FRHLF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Freehold Royalties Leadership Team

Elected by the shareholders, the Freehold Royalties' board of directors comprises two types of representatives: Freehold Royalties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freehold. The board's role is to monitor Freehold Royalties' management team and ensure that shareholders' interests are well served. Freehold Royalties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freehold Royalties' outside directors are responsible for providing unbiased perspectives on the board's policies.
JMatt Donohue, Manager, Investor Relations
Robert King, VicePres Devel
Michael Mogan, Controller
Karen Taylor, Corporate Secretary
David Hendry, VP CFO
David Spyker, Vice President - Production

Freehold 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 Freehold Royalties 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 Freehold Pink Sheet

Freehold Royalties financial ratios help investors to determine whether Freehold 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 Freehold with respect to the benefits of owning Freehold Royalties security.