William Corbett - Innovative Payment Chairman CEO

IPSI Stock  USD 0.08  0.01  11.37%   

Insider

William Corbett is Chairman CEO of Innovative Payment Solutions
Age 63
Phone866 477 4729
Webhttps://www.ipsipay.com

Innovative Payment Management Efficiency

The company has return on total asset (ROA) of (0.6152) % which means that it has lost $0.6152 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.6522) %, meaning that it created substantial loss on money invested by shareholders. Innovative Payment's management efficiency ratios could be used to measure how well Innovative Payment manages its routine affairs as well as how well it operates its assets and liabilities.
Innovative Payment Solutions currently holds 158.35 K in liabilities with Debt to Equity (D/E) ratio of 1.69, which is about average as compared to similar companies. Innovative Payment has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Innovative Payment until it has trouble settling it off, either with new capital or with free cash flow. So, Innovative Payment'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 Innovative Payment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Innovative to invest in growth at high rates of return. When we think about Innovative Payment's use of debt, we should always consider it together with cash and equity.

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Innovative Payment Solutions, Inc., together with its subsidiaries, provides digital payment solutions and services primarily in Mexico. Innovative Payment Solutions, Inc. was incorporated in 2013 and is based in Carmel-by-the-Sea, California. Innovative Payment operates under Information Technology Services classification in the United States and is traded on OTC Exchange. It employs 6 people. Innovative Payment Solutions [IPSI] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Innovative Payment Management Team

Elected by the shareholders, the Innovative Payment's board of directors comprises two types of representatives: Innovative Payment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Innovative. The board's role is to monitor Innovative Payment's management team and ensure that shareholders' interests are well served. Innovative Payment'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, Innovative Payment's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Corbett, Chairman CEO
Andrey Novikov, Chief Officer
Richard Rosenblum, CFO and President

Innovative 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 Innovative Payment 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 Innovative OTC Stock

Innovative Payment financial ratios help investors to determine whether Innovative OTC Stock 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 Innovative with respect to the benefits of owning Innovative Payment security.