Kip Ellis - Patrick Industries Ex COO

PK2 Stock  EUR 83.00  1.50  1.84%   

Insider

Kip Ellis is Ex COO of Patrick Industries
Age 49
Phone574 294 7511
Webhttps://www.patrickind.com

Kip Ellis Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kip Ellis against Patrick Industries stock is an integral part of due diligence when investing in Patrick Industries. Kip Ellis insider activity provides valuable insight into whether Patrick Industries is net buyers or sellers over its current business cycle. Note, Patrick Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell Patrick Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Patrick Industries Management Efficiency

The company has return on total asset (ROA) of 0.1142 % which means that it generated a profit of $0.1142 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.381 %, meaning that it generated $0.381 on every $100 dollars invested by stockholders. Patrick Industries' management efficiency ratios could be used to measure how well Patrick Industries manages its routine affairs as well as how well it operates its assets and liabilities.
Patrick Industries has accumulated 1.28 B in total debt with debt to equity ratio (D/E) of 1.91, which is about average as compared to similar companies. Patrick Industries has a current ratio of 2.27, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Patrick Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Patrick 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 Patrick Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Patrick to invest in growth at high rates of return. When we think about Patrick Industries' use of debt, we should always consider it together with cash and equity.

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Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. The company was founded in 1959 and is headquartered in Elkhart, Indiana. PATRICK IND operates under Recreational Vehicles classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people. Patrick Industries (PK2) is traded on Frankfurt Exchange in Germany and employs 11,000 people.

Management Performance

Patrick Industries Leadership Team

Elected by the shareholders, the Patrick Industries' board of directors comprises two types of representatives: Patrick Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Patrick. The board's role is to monitor Patrick Industries' management team and ensure that shareholders' interests are well served. Patrick 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, Patrick Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jacob Petkovich, CFO, Officer
Attorney Duthie, Chief VP
Todd Cleveland, Ex Chairman
Kip Ellis, Ex COO
Julie Kotowski, Director Relations
Andy Nemeth, CEO Director
Jeffrey Rodino, President

Patrick 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 Patrick 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.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Patrick Stock

When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.