David Croom - Ionic Brands Chief Officer

IONKF Stock  USD 0.0001  0.00  0.00%   

Insider

David Croom is Chief Officer of Ionic Brands Corp
Age 55
Phone253 248 7927
Webhttps://www.ionicbrands.com

Ionic Brands Management Efficiency

The company has return on total asset (ROA) of (0.3126) % which means that it has lost $0.3126 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (2.2776) %, meaning that it generated substantial loss on money invested by shareholders. Ionic Brands' management efficiency ratios could be used to measure how well Ionic Brands manages its routine affairs as well as how well it operates its assets and liabilities.
Ionic Brands Corp has accumulated 14.08 M in total debt with debt to equity ratio (D/E) of 0.28, which may suggest the company is not taking enough advantage from borrowing. Ionic Brands Corp has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Ionic Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Ionic Brands' 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 Ionic Brands Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ionic to invest in growth at high rates of return. When we think about Ionic Brands' use of debt, we should always consider it together with cash and equity.

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Ionic Brands Corp., through its subsidiaries, extracts, manufactures, brands, and distributes cannabis consumables and concentrate extract products in Washington and Oregon. The company offers its products and services under the IONIC, Zoots, and Dabulous brands. IONIC BRANDS operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 55 people. Ionic Brands Corp [IONKF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Ionic Brands Corp Leadership Team

Elected by the shareholders, the Ionic Brands' board of directors comprises two types of representatives: Ionic Brands inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ionic. The board's role is to monitor Ionic Brands' management team and ensure that shareholders' interests are well served. Ionic Brands' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ionic Brands' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Gorst, CEO Chairman
Bryen Salas, GM Pres
Zachary Bell, Chief Officer
Austin Gorst, VP CoFounder
Christian Vara, COO Director
Joanne Salas, Chief Officer
David Croom, Chief Officer
Christian Struzan, Chief CoFounder

Ionic 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 Ionic Brands 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 Ionic Pink Sheet

Ionic Brands financial ratios help investors to determine whether Ionic 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 Ionic with respect to the benefits of owning Ionic Brands security.