IFLXF Stock | | | USD 1.10 0.00 0.00% |
Chairman
Mr. Joseph Marino Abbandonato is a Chairman of the Board, President, Chief Executive Officer of the Company. He was Chairman of the Board, President, Chief Executive Officer of Imaflex Inc. Since 1993, Mr. Abbandonato was President and Chief Executive Officer of the Corporationrationration. since 2016.
Tenure | 8 years |
Phone | 514 935 5710 |
Web | https://www.imaflex.com |
Imaflex Management Efficiency
The company has return on total asset
(ROA) of
0.0981 % which means that it generated a profit of $0.0981 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.209 %, meaning that it generated $0.209 on every $100 dollars invested by stockholders. Imaflex's management efficiency ratios could be used to measure how well Imaflex manages its routine affairs as well as how well it operates its assets and liabilities.
Imaflex has accumulated 3.5
M in total debt with debt to equity ratio
(D/E) of 0.18, which may suggest the company is not taking enough advantage from borrowing. Imaflex has a current ratio of 2.44, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Imaflex until it has trouble settling it off, either with new capital or with free cash flow. So, Imaflex'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 Imaflex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Imaflex to invest in growth at high rates of return. When we think about Imaflex's use of debt, we should always consider it together with cash and equity.
Imaflex Inc., together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for industrial and agriculture markets in Canada, the United States, and internationally. The company was founded in 1994 and is headquartered in Montreal, Canada. Imaflex operates under Packaging Containers classification in the United States and is traded on OTC Exchange. It employs 221 people. Imaflex [IFLXF] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
Imaflex Leadership Team
Elected by the shareholders, the Imaflex's board of directors comprises two types of representatives: Imaflex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Imaflex. The board's role is to monitor Imaflex's management team and ensure that shareholders' interests are well served. Imaflex'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, Imaflex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Imaflex 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 Imaflex 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 Imaflex Pink Sheet
Imaflex financial ratios help investors to determine whether Imaflex 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 Imaflex with respect to the benefits of owning Imaflex security.