| SIMINN Stock | | | ISK 12.80 0.20 1.59% |
CEO
Orri Hauksson is CEO Director of Sminn hf
| Age | 52 |
| Phone | 354 800 7000 |
| Web | https://www.siminn.is |
Sminn Hf Management Efficiency
The company has return on total asset
(ROA) of
0.0217 % which means that it generated a profit of $0.0217 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.0411 %, meaning that it generated $0.0411 on every $100 dollars invested by stockholders. Sminn Hf's management efficiency ratios could be used to measure how well Sminn Hf manages its routine affairs as well as how well it operates its assets and liabilities.
Sminn hf has accumulated 5.94
B in total debt with debt to equity ratio
(D/E) of 61.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sminn hf has a current ratio of 1.03, suggesting that it
may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Sminn Hf until it has trouble settling it off, either with new capital or with free cash flow. So, Sminn Hf'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 Sminn hf sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sminn to invest in growth at high rates of return. When we think about Sminn Hf's use of debt, we should always consider it together with cash and equity.
Similar Executives
Sminn hf. provides communication solutions to private and corporate clients in Iceland. The company was founded in 1906 and is based in Reykjavk, Iceland. Sminn hf is traded on Commodity Exchange in Exotistan. Sminn hf (SIMINN) is traded on Iceland Exchange in Iceland and employs 308 people.
Management Performance
Sminn hf Leadership Team
Elected by the shareholders, the Sminn Hf's board of directors comprises two types of representatives: Sminn Hf inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sminn. The board's role is to monitor Sminn Hf's management team and ensure that shareholders' interests are well served. Sminn Hf'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, Sminn Hf's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sminn 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 Sminn Hf 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.
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Other Information on Investing in Sminn Stock
Sminn Hf financial ratios help investors to determine whether Sminn 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 Sminn with respect to the benefits of owning Sminn Hf security.