Solveig Byrkjeland - Reach Subsea VP Sec
REACH Stock | NOK 7.48 0.08 1.08% |
Insider
Solveig Byrkjeland is VP Sec of Reach Subsea
Age | 63 |
Phone | 47 40 00 77 10 |
Web | https://www.reachsubsea.no |
Reach Subsea Management Efficiency
The company has return on total asset (ROA) of 0.0673 % which means that it generated a profit of $0.0673 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2004 %, meaning that it generated $0.2004 on every $100 dollars invested by stockholders. Reach Subsea's management efficiency ratios could be used to measure how well Reach Subsea manages its routine affairs as well as how well it operates its assets and liabilities.Reach Subsea has accumulated 119.67 M in total debt with debt to equity ratio (D/E) of 149.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Reach Subsea has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Reach Subsea until it has trouble settling it off, either with new capital or with free cash flow. So, Reach Subsea'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 Reach Subsea sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reach to invest in growth at high rates of return. When we think about Reach Subsea's use of debt, we should always consider it together with cash and equity.
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Management Performance
Return On Equity | 0.2 | |||
Return On Asset | 0.0673 |
Reach Subsea Leadership Team
Elected by the shareholders, the Reach Subsea's board of directors comprises two types of representatives: Reach Subsea inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reach. The board's role is to monitor Reach Subsea's management team and ensure that shareholders' interests are well served. Reach Subsea'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, Reach Subsea's outside directors are responsible for providing unbiased perspectives on the board's policies.
Inge Grutle, Engineering Manager | ||
Bard Hogheim, Sales and Marketing Manager | ||
Jostein Alendal, CEO MD | ||
Solveig Byrkjeland, VP Sec | ||
Sven Storesund, Technical Manager | ||
Birgitte Johansen, CFO Mang | ||
yvind Johannessen, Head Side | ||
Rune Lande, Secretary of the Board and Chairman of Nomination Committee |
Reach 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 Reach Subsea 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 | 0.2 | |||
Return On Asset | 0.0673 | |||
Profit Margin | 0.08 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 919.5 M | |||
Shares Outstanding | 225.72 M | |||
Shares Owned By Insiders | 80.50 % | |||
Shares Owned By Institutions | 3.21 % | |||
Price To Earning | (10.56) X | |||
Price To Book | 1.63 X |
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Reach Subsea financial ratios help investors to determine whether Reach 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 Reach with respect to the benefits of owning Reach Subsea security.