Chris Carmichael - LeoNovus Chief Officer

LTV Stock  CAD 0.04  0.00  0.00%   

Executive

Chris Carmichael is Chief Officer of LeoNovus
Address 2611 Queensview Drive, Ottawa, ON, Canada, K2B 8K2
Phone613 319 5117
Webhttps://www.leonovus.com

LeoNovus Management Efficiency

The company has return on total asset (ROA) of (6.2667) % which means that it has lost $6.2667 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (2.2768) %, meaning that it generated substantial loss on money invested by shareholders. LeoNovus' management efficiency ratios could be used to measure how well LeoNovus manages its routine affairs as well as how well it operates its assets and liabilities. At this time, LeoNovus' Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop (0.52) in 2024. At this time, LeoNovus' Non Currrent Assets Other are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 1.7 M in 2024, whereas Total Current Assets are likely to drop slightly above 100.7 K in 2024.
LeoNovus has accumulated 98 K in total debt with debt to equity ratio (D/E) of 24.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LeoNovus has a current ratio of 3.42, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist LeoNovus until it has trouble settling it off, either with new capital or with free cash flow. So, LeoNovus' 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 LeoNovus sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LeoNovus to invest in growth at high rates of return. When we think about LeoNovus' use of debt, we should always consider it together with cash and equity.
LeoNovus Inc., a cloud solutions software company, provides software defined object storage solutions and governance, risk management, and compliance solutions for enterprises. Its algorithms virtualize, transform, slice, and disperse data across a network of on-premises, hybrid, or multi-cloud storage nodes. LEONOVUS INC operates under Software - Application classification in Canada and is traded on TSX Venture Exchange. It employs 37 people. LeoNovus (LTV) is traded on TSX Venture Exchange in Canada and employs 4 people. LeoNovus is listed under Application Software category by Fama And French industry classification.

Management Performance

LeoNovus Leadership Team

Elected by the shareholders, the LeoNovus' board of directors comprises two types of representatives: LeoNovus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LeoNovus. The board's role is to monitor LeoNovus' management team and ensure that shareholders' interests are well served. LeoNovus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LeoNovus' outside directors are responsible for providing unbiased perspectives on the board's policies.
George Pretli, CFO Sec
BSc CHRP, Chairman CEO
Chris Carmichael, Chief Officer
Daniel Willis, CEO and Pres

LeoNovus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LeoNovus 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.

Thematic Opportunities

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Additional Tools for LeoNovus Stock Analysis

When running LeoNovus' price analysis, check to measure LeoNovus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LeoNovus is operating at the current time. Most of LeoNovus' value examination focuses on studying past and present price action to predict the probability of LeoNovus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeoNovus' price. Additionally, you may evaluate how the addition of LeoNovus to your portfolios can decrease your overall portfolio volatility.