Chandan Chittimalle - Forza X1 Chief Engineer

FRZADelisted Stock  USD 0.24  0.03  14.29%   

Insider

Chandan Chittimalle is Chief Engineer of Forza X1
Phone(772) 429-2525
Webhttps://www.forzax1.com

Forza X1 Management Efficiency

The company has return on total asset (ROA) of (0.4069) % which means that it has lost $0.4069 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6366) %, meaning that it created substantial loss on money invested by shareholders. Forza X1's management efficiency ratios could be used to measure how well Forza X1 manages its routine affairs as well as how well it operates its assets and liabilities.
Forza X1 currently holds 346.41 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Forza X1 has a current ratio of 5.2, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Forza X1 until it has trouble settling it off, either with new capital or with free cash flow. So, Forza X1'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 Forza X1 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forza to invest in growth at high rates of return. When we think about Forza X1's use of debt, we should always consider it together with cash and equity.

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Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co. Forza X1 operates under Recreational Vehicles classification in the United States and is traded on NASDAQ Exchange. It employs 5 people. Forza X1 [FRZA] is traded as part of a regulated electronic over-the-counter service offered by the NASD. Forza X1 is listed under Shipbuilding Railroad Equipment category by Fama And French industry classification.

Management Performance

Forza X1 Leadership Team

Elected by the shareholders, the Forza X1's board of directors comprises two types of representatives: Forza X1 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forza. The board's role is to monitor Forza X1's management team and ensure that shareholders' interests are well served. Forza X1'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, Forza X1's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Norton, President Engineering
Chandan Chittimalle, Chief Engineer
Joseph Visconti, Executive Development
Nicole Camacho, Chief Officer
JeanMarc Zanni, Chief Officer
Michael Dickerson, Interim Officer
Jim Leffew, CEO President
Carrie Gunnerson, CFO Officer

Forza Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Forza X1 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.

Also Currently Popular

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in nation.
Note that the Forza X1 information on this page should be used as a complementary analysis to other Forza X1's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Consideration for investing in Forza OTC Stock

If you are still planning to invest in Forza X1 check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Forza X1's history and understand the potential risks before investing.
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