Pal Strom - Scatec Solar EVP Maintenance

SCATC Stock  NOK 79.65  0.20  0.25%   

Insider

Pal Strom is EVP Maintenance of Scatec Solar OL
Age 47
Phone47 48 08 55 00
Webhttps://scatec.com

Scatec Solar Management Efficiency

The company has return on total asset (ROA) of 0.0165 % which means that it generated a profit of $0.0165 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1312) %, meaning that it generated substantial loss on money invested by shareholders. Scatec Solar's management efficiency ratios could be used to measure how well Scatec Solar manages its routine affairs as well as how well it operates its assets and liabilities.
Scatec Solar OL has accumulated 17.97 B in total debt with debt to equity ratio (D/E) of 2.13, implying the company greatly relies on financing operations through barrowing. Scatec Solar OL 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 Scatec Solar until it has trouble settling it off, either with new capital or with free cash flow. So, Scatec Solar'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 Scatec Solar OL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scatec to invest in growth at high rates of return. When we think about Scatec Solar's use of debt, we should always consider it together with cash and equity.

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Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway. SCATEC ASA is traded on Oslo Stock Exchange in Norway. Scatec Solar OL (SCATC) is traded on Oslo Stock Exchange in Norway and employs 800 people.

Management Performance

Scatec Solar OL Leadership Team

Elected by the shareholders, the Scatec Solar's board of directors comprises two types of representatives: Scatec Solar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Scatec. The board's role is to monitor Scatec Solar's management team and ensure that shareholders' interests are well served. Scatec Solar'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, Scatec Solar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pal Strom, EVP Maintenance
Ingrid Aarsnes, VP IR
Torstein Berntsen, EVP MENA
Mikkel Torud, Chief Officer
Roar Haugland, HSSE Sustainability
Snorre Valdimarsson, EVP Legal
Meera Bhatia, VP Communications
Kate Bragg, Strategy People
Pal Helsing, Ex Solutions
Terje Pilskog, Chief Officer

Scatec Stock Performance Indicators

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Other Information on Investing in Scatec Stock

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