Adil Sheikh - Mene Corp CFO

MENE Stock  CAD 0.11  0.01  8.33%   

Insider

Adil Sheikh is Corp CFO of Mene Inc
Address 334 Adelaide Street West, Toronto, ON, Canada, M5V 1R4
Phone833 636 3245
Webhttps://mene.com

Mene Management Efficiency

The company has return on total asset (ROA) of (0.0754) % which means that it has lost $0.0754 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1972) %, meaning that it generated substantial loss on money invested by shareholders. Mene's management efficiency ratios could be used to measure how well Mene manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.12 in 2024. Return On Capital Employed is likely to climb to -0.07 in 2024. At this time, Mene's Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 227.6 K in 2024, whereas Total Current Assets are likely to drop slightly above 8.3 M in 2024.
Mene Inc has accumulated 2.24 M in total debt with debt to equity ratio (D/E) of 144.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mene Inc has a current ratio of 39.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mene until it has trouble settling it off, either with new capital or with free cash flow. So, Mene'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 Mene Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mene to invest in growth at high rates of return. When we think about Mene's use of debt, we should always consider it together with cash and equity.

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Jonah TownsendMetalla Royalty Streaming
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CAIA CFAGoldMoney
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Renee WeiGoldMoney
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Melisa ArmandRevival Gold
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BSc CPGRevival Gold
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Mark CFAGoldMoney
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John MeyerRevival Gold
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Eng MARevival Gold
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James BAGoldMoney
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Mike BusbyGoldMoney
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Mene Inc. designs, manufactures, and markets gold and platinum jewelry. The company retails its jewelry products directly to consumer through online portal. MENE INC operates under Luxury Goods classification in Canada and is traded on TSX Venture Exchange. Mene Inc (MENE) is traded on TSX Venture Exchange in Canada and employs 8 people. Mene is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification.

Management Performance

Mene Inc Leadership Team

Elected by the shareholders, the Mene's board of directors comprises two types of representatives: Mene inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mene. The board's role is to monitor Mene's management team and ensure that shareholders' interests are well served. Mene'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, Mene's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sunjoo Moon, Creative Officer
Adil Sheikh, Corp CFO
Vincent Gladu, President CEO
Diana WidmaierPicasso, Chief Officer
Sean CGA, Chief Officer
Gavin Johnson, Chief Officer
Roy Sebag, Chairman, CoFounder
Renee Wei, Head Relations

Mene 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 Mene 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 Mene Stock Analysis

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