| RSASF Stock | | | USD 0.18 0.01 5.88% |
Director
Mr. Thomas Rossiter serves as President, Chief Executive Officer, Director of RESAAS Services Inc. He was appointed as President of the Company effective March 13, 2013. He was appointed as Director of the Company, effective May 01, 2012. He serves as Chief Technology Officer of the Company., since September 26, 2011. In May 2011 company appointed him as VP of Engineering since 2017.
| Age | 39 |
| Tenure | 7 years |
| Phone | 604 558 2929 |
| Web | https://www.resaas.com |
Rossiter was later appointed as Chief Technology Officer on September 26, 2011 and has past experience in managing and delivering digital solutions across online, desktop and mobile platforms. Prior to joining the company, Mr. Rossiter was Managing Director at the Lightmaker Group, the parent company of Lightmaker USA.
RESAAS Services Management Efficiency
The company has return on total asset
(ROA) of
(0.9707) % which means that it has lost $0.9707 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(50.0288) %, meaning that it generated substantial loss on money invested by shareholders. RESAAS Services' management efficiency ratios could be used to measure how well RESAAS Services manages its routine affairs as well as how well it operates its assets and liabilities.
RESAAS Services has accumulated 203.92
K in total debt with debt to equity ratio
(D/E) of 0.79, which is about average as compared to similar companies. RESAAS Services has a current ratio of 1.15, suggesting that it
may have difficulties to pay its financial obligations in time and when they become due. Debt can assist RESAAS Services until it has trouble settling it off, either with new capital or with free cash flow. So, RESAAS Services' 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 RESAAS Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RESAAS to invest in growth at high rates of return. When we think about RESAAS Services' use of debt, we should always consider it together with cash and equity.
RESAAS Services Inc. engages in the development of web and mobile communications software for the real estate industry. The company was incorporated in 2009 and is based in Vancouver, Canada. Resaas Svcs is traded on OTC Exchange in the United States. RESAAS Services [RSASF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
RESAAS Services Leadership Team
Elected by the shareholders, the RESAAS Services' board of directors comprises two types of representatives: RESAAS Services inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RESAAS. The board's role is to monitor RESAAS Services' management team and ensure that shareholders' interests are well served. RESAAS Services' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RESAAS Services' outside directors are responsible for providing unbiased perspectives on the board's policies.
RESAAS Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is RESAAS Services 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 RESAAS OTC Stock
RESAAS Services financial ratios help investors to determine whether RESAAS OTC 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 RESAAS with respect to the benefits of owning RESAAS Services security.