Kent Ritchie - ScalesLimited CEO - Scales Logistics

S05 Stock  EUR 3.16  0.02  0.64%   

CEO

Mr. Kent Robert Ritchie serves as Chief Executive Officer Scales Logistics of the Company. Kent joined Scales in 1998, and has spent over 30 years in the shipping industry. He was involved in setting up shipping services from New Zealand, has experience in all aspects of the transport industry and has led Scales expansion into the logistics arena.
Address 52 Cashel Street, Christchurch, New Zealand, 8013
Phone64 3 379 7720
Webhttps://scalescorporation.co.nz

ScalesLimited Management Efficiency

The company has return on total asset (ROA) of 0.075 % which means that it generated a profit of $0.075 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2793 %, meaning that it generated $0.2793 on every $100 dollars invested by stockholders. ScalesLimited's management efficiency ratios could be used to measure how well ScalesLimited manages its routine affairs as well as how well it operates its assets and liabilities. The ScalesLimited's current Other Current Assets is estimated to increase to about 35.2 M, while Total Assets are projected to decrease to roughly 560.3 M.
Scales Limited has accumulated 227.41 M in total debt with debt to equity ratio (D/E) of 29.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Scales Limited has a current ratio of 2.71, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist ScalesLimited until it has trouble settling it off, either with new capital or with free cash flow. So, ScalesLimited'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 Scales Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ScalesLimited to invest in growth at high rates of return. When we think about ScalesLimited's use of debt, we should always consider it together with cash and equity.

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Scales Corporation Limited engages in the agribusiness activities in New Zealand. Scales Corporation Limited was founded in 1897 and is based in Christchurch, New Zealand. Scales is traded on Frankfurt Stock Exchange in Germany. Scales Limited (S05) is traded on Frankfurt Exchange in Germany and employs 10 people. ScalesLimited is listed under Agricultural Products & Services category by Fama And French industry classification.

Management Performance

Scales Limited Leadership Team

Elected by the shareholders, the ScalesLimited's board of directors comprises two types of representatives: ScalesLimited inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ScalesLimited. The board's role is to monitor ScalesLimited's management team and ensure that shareholders' interests are well served. ScalesLimited'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, ScalesLimited's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Workum, CEO - Mr Apple
Geoff Smith, Chief Officer
Steve Kennelly, Chief Officer
Sonya White, Chief Fresh
Nadine Tunley, Chief Officer
Hamish Davis, Managing Fresh
Kent Ritchie, CEO - Scales Logistics
John Sainsbury, CEO of Meateor Foods
Brett Frankel, President Foods
Andrew Borland, Managing Director, Executive Director

ScalesLimited 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 ScalesLimited 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 ScalesLimited Stock

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