Richard Lord - Richelieu Hardware CEO and President and Director

CEO

Mr. Richard Lord serves as President, Chief Executive Officer, Director of Richelieu Hardware Ltd. From 1986 to 1988, Mr. Lord was Executive Vice President and General Manager of The RoNa Dismat Group Inc. From 1976 to 1986, he worked for Mark Hot Inc., a heating and ventilation equipment manufacturer, where he was Vice President and General manager until he left in 1986. Mr. Lord is director, member of the Audit Committee and Chair of the Corporationrationrate Governance and Human Resources Committee of Colabor Income Fund director and member of the Audit Committee of Technologies 2020 Inc. director and Chair of the Audit Committee of BTB Real Estate Investment Trust. since 1988.
Tenure 36 years
Phone514 336 4144
Webhttps://www.richelieu.com

Richelieu Hardware Management Efficiency

The company has return on total asset (ROA) of 0.1328 % which means that it generated a profit of $0.1328 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2283 %, meaning that it generated $0.2283 on every $100 dollars invested by stockholders. Richelieu Hardware's management efficiency ratios could be used to measure how well Richelieu Hardware manages its routine affairs as well as how well it operates its assets and liabilities.
Richelieu Hardware has accumulated 1.1 M in total debt with debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from borrowing. Richelieu Hardware has a current ratio of 2.7, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Richelieu Hardware until it has trouble settling it off, either with new capital or with free cash flow. So, Richelieu Hardware'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 Richelieu Hardware sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Richelieu to invest in growth at high rates of return. When we think about Richelieu Hardware's use of debt, we should always consider it together with cash and equity.

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Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. The company was incorporated in 1968 and is headquartered in Montreal, Canada. Richelieu Hardware is traded on OTC Exchange in the United States. Richelieu Hardware [RHUHF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Richelieu Hardware Leadership Team

Elected by the shareholders, the Richelieu Hardware's board of directors comprises two types of representatives: Richelieu Hardware inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Richelieu. The board's role is to monitor Richelieu Hardware's management team and ensure that shareholders' interests are well served. Richelieu Hardware'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, Richelieu Hardware's outside directors are responsible for providing unbiased perspectives on the board's policies.
Denis Gagnon, VicePres Technologies
Richard Lord, CEO and President and Director
Antoine CA, VP CFO
Marjolaine Plante, VP HR
Georges Forest, Founder
Yannick Godeau, Manager - Legal Affairs and Corporate Secretary

Richelieu 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 Richelieu Hardware 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

Other Information on Investing in Richelieu Pink Sheet

Richelieu Hardware financial ratios help investors to determine whether Richelieu 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 Richelieu with respect to the benefits of owning Richelieu Hardware security.