Justin Wiernasz - Innovative Food Pres and Director

All Insiders . USA . 
Stock . Innovative Food Hldg . Stakeholders . Insider . Justin Wiernasz
IVFH Stock  USD 1.60  0.05  3.03%   

Director

Mr. Justin Wiernasz is President, Director of Innovative Food Holdings, Inc., Effective on July 31, 2008 since 2013.
Age 57
Tenure 11 years
Phone239 596 0204
Webhttps://www.ivfh.com
Justin Wiernasz was promoted to the position of President of Innovative Food Holdings, Inc. Prior thereto he was the Executive Vice President of Marketing and Sales and Chief Marketing Officer of our operating subsidiary, Food Innovations, Inc. since May 2007 and the President of Food Innovations and our Chief Marketing Officer since December 2007. Prior thereto, he was at USF, our largest customer, for 13 years. From 2005 to 2007 he was the Vice President of Sales & Marketing, USF, Boston, and prior thereto, from 2003 to 2005 he was a National Sales Trainer at USF, Charleston SC, from 1996 to 2003 he was the District Sales Manager at USF, Western Massachusetts and from 1993 to 1996 he was Territory Manager, USF, Northampton, Easthampton & Amherst, MA. Prior to that from 1989 to 1993 he was the owner and operator J.J.’s food and spirit, a 110 seat restaurant.

Innovative Food Management Efficiency

The company has return on total asset (ROA) of (0.0664) % which means that it has lost $0.0664 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1363) %, meaning that it created substantial loss on money invested by shareholders. Innovative Food's management efficiency ratios could be used to measure how well Innovative Food manages its routine affairs as well as how well it operates its assets and liabilities.
Innovative Food Hldg currently holds 5.41 M in liabilities with Debt to Equity (D/E) ratio of 1.6, which is about average as compared to similar companies. Innovative Food Hldg has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Innovative Food until it has trouble settling it off, either with new capital or with free cash flow. So, Innovative Food'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 Food Hldg 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 Food's use of debt, we should always consider it together with cash and equity.

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Innovative Food Holdings, Inc., through its subsidiaries, provides specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States. It provides its products directly from its network of vendors and warehouses. Innovative Food operates under Food Distribution classification in the United States and is traded on OTC Exchange. It employs 127 people. Innovative Food Hldg [IVFH] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Return On Equity-0.14
Return On Asset-0.0664

Innovative Food Hldg Leadership Team

Elected by the shareholders, the Innovative Food's board of directors comprises two types of representatives: Innovative Food 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 Food's management team and ensure that shareholders' interests are well served. Innovative Food'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 Food's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Tang, Chief Officer
Ronit Wallerstein, Sec
Michael Fabrico, Chief Officer
Yosef Schwartz, Chief Officer
Bryan Janeczko, Chief Diet
Justin Wiernasz, Pres and Director
Samuel Klepfish, CEO and Director

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 Food 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.
Return On Equity-0.14
Return On Asset-0.0664
Profit Margin(0.01) %
Operating Margin(0.03) %
Current Valuation18.52 M
Shares Outstanding47.78 M
Shares Owned By Insiders31.54 %
Shares Owned By Institutions28.61 %
Price To Earning19.49 X
Price To Book2.36 X

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Other Information on Investing in Innovative OTC Stock

Innovative Food 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 Food security.
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