John Schmidt - AB SKF President Industrial Sales Americas

SKFB Stock  EUR 18.01  0.52  2.97%   

President

Mr. John Schmidt was President, Industrial Sales Americas at AB SKF since 2016. He was employed at the Company since 2001 and earlier between 1993 and 1998. He was President and CEO SKF USA Inc and held several other positions, including Vice President Industrial Market NAM. He holds BS degree, Mechanical Engineering from the Pennsylvania State University. since 2016.
Age 54
Tenure 8 years
Phone46 3 13 37 10 00
Webhttps://www.skf.com

John Schmidt Latest Insider Activity

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

AB SKF Management Efficiency

The company has return on total asset (ROA) of 0.0507 % which means that it generated a profit of $0.0507 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0977 %, meaning that it generated $0.0977 on every $100 dollars invested by stockholders. AB SKF's management efficiency ratios could be used to measure how well AB SKF manages its routine affairs as well as how well it operates its assets and liabilities.
AB SKF has accumulated 13.28 B in total debt with debt to equity ratio (D/E) of 58.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AB SKF has a current ratio of 2.05, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist AB SKF until it has trouble settling it off, either with new capital or with free cash flow. So, AB SKF'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 AB SKF sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SKFB to invest in growth at high rates of return. When we think about AB SKF's use of debt, we should always consider it together with cash and equity.
AB SKF offers bearings, seals, condition monitoring, lubrication systems, and services. The company was founded in 1907 and is headquartered in Gothenburg, Sweden. SKF AB is traded on Frankfurt Stock Exchange in Germany. AB SKF (SKFB) is traded on Frankfurt Exchange in Germany and employs 42,641 people.

Management Performance

AB SKF Leadership Team

Elected by the shareholders, the AB SKF's board of directors comprises two types of representatives: AB SKF inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SKFB. The board's role is to monitor AB SKF's management team and ensure that shareholders' interests are well served. AB SKF'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, AB SKF's outside directors are responsible for providing unbiased perspectives on the board's policies.
Theo Kjellberg, Director Relations
Kent Viitanen, Senior Vice President Group People & Business Excellence
John Schmidt, President Industrial Sales Americas
Carina Berg, Director Accounting
Joakim Landholm, VP Transformation
Rickard Gustafson, CEO Pres
Annika Olme, Chief Officer
Patrik Stenberg, Head of Investor Relations
Niclas Rosenlew, CFO, Senior Vice President
Mathias Lyon, Gen Compliance

SKFB 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 AB SKF 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 SKFB Stock

AB SKF financial ratios help investors to determine whether SKFB 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 SKFB with respect to the benefits of owning AB SKF security.