Mark King - Micropac Industries Chairman

MPAD Stock  USD 19.70  0.02  0.10%   

Chairman

Mr. Mark King is Chairman of the Board, President, Chief Executive Officer of Micropac Industries, Inc. Mr. King is the current President and Chief Executive of the Company. Prior to November 2002, Mr. King was the President and Chief Operating Officer of Lucas Benning Power Electronics. Mr. King joined the Company in November of 2002, and was elected Chief Executive Officer, President and Director in October 2005. since 2008.
Age 68
Tenure 16 years
Phone972 272 3571
Webhttps://www.micropac.com

Micropac Industries Management Efficiency

The company has return on total asset (ROA) of 0.0316 % which means that it generated a profit of $0.0316 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0831 %, meaning that it created $0.0831 on every $100 dollars invested by stockholders. Micropac Industries' management efficiency ratios could be used to measure how well Micropac Industries manages its routine affairs as well as how well it operates its assets and liabilities.
Micropac Industries currently holds 14.54 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Micropac Industries has a current ratio of 6.71, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Micropac Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Micropac Industries' 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 Micropac Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Micropac to invest in growth at high rates of return. When we think about Micropac Industries' use of debt, we should always consider it together with cash and equity.

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Micropac Industries, Inc. designs, manufactures, and distributes various types of microelectronic circuits. Micropac Industries, Inc. was founded in 1963 and is based in Garland, Texas. Micropac Industries operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 153 people. Micropac Industries [MPAD] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Micropac Industries Management Team

Elected by the shareholders, the Micropac Industries' board of directors comprises two types of representatives: Micropac Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Micropac. The board's role is to monitor Micropac Industries' management team and ensure that shareholders' interests are well served. Micropac Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Micropac Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark King, Chairman, CEO and President and Member of Audit Committee
Patrick Cefalu, CFO, Principal Accounting Officer and Executive VP
Gerald Tobey, Independent Sec

Micropac 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 Micropac Industries 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.

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Other Information on Investing in Micropac Pink Sheet

Micropac Industries financial ratios help investors to determine whether Micropac 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 Micropac with respect to the benefits of owning Micropac Industries security.