| GRVE Stock | | | USD 0 0.00 0.00% |
Insider
MBA B is Advisor of Groove Botanicals
| Age | 74 |
| Phone | 612 315 5068 |
| Web | https://groovebotanicals.com |
Groove Botanicals Management Efficiency
The company has return on total asset
(ROA) of
(4.7749) % which means that it has lost $4.7749 on every $100 spent on assets. This is way below average. Groove Botanicals' management efficiency ratios could be used to measure how well Groove Botanicals manages its routine affairs as well as how well it operates its assets and liabilities.
Groove Botanicals currently holds 169.2
K in liabilities with Debt to Equity
(D/E) ratio of 9.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Groove Botanicals has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Groove Botanicals until it has trouble settling it off, either with new capital or with free cash flow. So, Groove Botanicals' 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 Groove Botanicals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Groove to invest in growth at high rates of return. When we think about Groove Botanicals' use of debt, we should always consider it together with cash and equity.
The company was formerly known as Avalon Oil Gas, Inc. and changed its name to Groove Botanicals, Inc. in May 2018. Groove Botanicals operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1 people. Groove Botanicals [GRVE] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
Groove Botanicals Management Team
Elected by the shareholders, the Groove Botanicals' board of directors comprises two types of representatives: Groove Botanicals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Groove. The board's role is to monitor Groove Botanicals' management team and ensure that shareholders' interests are well served. Groove Botanicals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Groove Botanicals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Groove 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 Groove Botanicals 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 Groove Pink Sheet
Groove Botanicals financial ratios help investors to determine whether Groove 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 Groove with respect to the benefits of owning Groove Botanicals security.