David Bandele - Hexagon Composites Chief Officer

HXGCF Stock  USD 4.05  0.16  3.80%   

Executive

Mr. David Bandele was appointed Chief Financial Officer of Hexagon Composites ASA, effective as of January 6, 2014. He previously was Chief Financial Officer of Aker Floating Production ASA. He also has experience in Supply Chain Management from General Electric Healthcare, among others. He holds a Bachelor of Economics degree from University of Sheffield. He is also qualified Chartered Accountant . since 2014.
Age 52
Tenure 10 years
Phone47 70 30 44 50
Webhttps://www.hexagongroup.com

Hexagon Composites Management Efficiency

The company has return on total asset (ROA) of (0.0266) % which means that it has lost $0.0266 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1142) %, meaning that it generated substantial loss on money invested by shareholders. Hexagon Composites' management efficiency ratios could be used to measure how well Hexagon Composites manages its routine affairs as well as how well it operates its assets and liabilities.
Hexagon Composites ASA has accumulated 1.17 B in total debt with debt to equity ratio (D/E) of 0.61, which is about average as compared to similar companies. Hexagon Composites ASA has a current ratio of 2.11, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Hexagon Composites until it has trouble settling it off, either with new capital or with free cash flow. So, Hexagon Composites' 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 Hexagon Composites ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hexagon to invest in growth at high rates of return. When we think about Hexagon Composites' use of debt, we should always consider it together with cash and equity.

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Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. Hexagon Composites ASA was incorporated in 1985 and is headquartered in lesund, Norway. Hexagon Composites is traded on OTC Exchange in the United States. Hexagon Composites ASA [HXGCF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Hexagon Composites ASA Leadership Team

Elected by the shareholders, the Hexagon Composites' board of directors comprises two types of representatives: Hexagon Composites inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hexagon. The board's role is to monitor Hexagon Composites' management team and ensure that shareholders' interests are well served. Hexagon Composites' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hexagon Composites' outside directors are responsible for providing unbiased perspectives on the board's policies.
Morten Holum, CEO Purus
George Siedlecki, EVP Wave
Karen Romer, VP Communications
Heiko Chudzick, Ex Operations
Seung Baik, Pres Agility
Skjalg Stavheim, CEO of Hexagon Ragasco
Jon Engeset, CEO and Group Pres
David Bandele, Chief Officer
Jack Schimenti, CEO of Hexagon Lincoln
Gunnar Engkrog, Head Accounting

Hexagon 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 Hexagon Composites 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 Hexagon Pink Sheet

Hexagon Composites financial ratios help investors to determine whether Hexagon 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 Hexagon with respect to the benefits of owning Hexagon Composites security.