Ian Clark - Shelf Drilling Ex VP

SHLLF Stock  USD 0.74  0.06  7.50%   

Insider

Ian Clark is Ex VP of Shelf Drilling
Age 63
Phone971 4 567 3400
Webhttps://www.shelfdrilling.com

Ian Clark Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ian Clark against Shelf Drilling pink sheet is an integral part of due diligence when investing in Shelf Drilling. Ian Clark insider activity provides valuable insight into whether Shelf Drilling is net buyers or sellers over its current business cycle. Note, Shelf Drilling insiders must abide by specific rules, including filing SEC forms every time they buy or sell Shelf Drilling'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Shelf Drilling Management Efficiency

The company has return on total asset (ROA) of 0.0342 % which means that it generated a profit of $0.0342 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1914) %, meaning that it generated substantial loss on money invested by shareholders. Shelf Drilling's management efficiency ratios could be used to measure how well Shelf Drilling manages its routine affairs as well as how well it operates its assets and liabilities.
Shelf Drilling has accumulated 1.19 B in total debt with debt to equity ratio (D/E) of 4.96, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shelf Drilling has a current ratio of 3.08, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Shelf Drilling until it has trouble settling it off, either with new capital or with free cash flow. So, Shelf Drilling'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 Shelf Drilling sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shelf to invest in growth at high rates of return. When we think about Shelf Drilling's use of debt, we should always consider it together with cash and equity.

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Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, and West Africa. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates. Shelf Drilling operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 2112 people. Shelf Drilling [SHLLF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Shelf Drilling Leadership Team

Elected by the shareholders, the Shelf Drilling's board of directors comprises two types of representatives: Shelf Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shelf. The board's role is to monitor Shelf Drilling's management team and ensure that shareholders' interests are well served. Shelf Drilling'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, Shelf Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Mullen, CEO Director
William Hoffman, Ex COO
Ian Clark, Ex VP
Gregory OBrien, Ex CFO

Shelf 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 Shelf Drilling 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 Shelf Pink Sheet

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