Adam Krick - Smith Midland Treasurer, CFO

SMID Stock  USD 45.50  0.52  1.16%   

CFO

Mr. Adam J. Krick was appointed as Chief Financial Officer of the Company effective as of January 1, 2018 since 2018.
Age 38
Tenure 6 years
Address 5119 Catlett Road, Midland, VA, United States, 22728
Phone540 439 3266
Webhttps://smithmidland.com
Krick is a Certified Public Accountant, has served as Accounting Manager of the Company since 2014. Previously, Mr. Krick held the position of Manager at Marshall Consulting Group, LLC, a Certified Public Accounting firm, from 2012 to 2014. Prior to that, Mr. Krick was a Senior Accountant at Updegrove, Combs, & McDaniel, PLC, a Certified Public Accounting firm, from 2010 to 2012. Earlier in his career, Mr. Krick started with Thorpe & Associates, PLC, a Certified Public Accounting firm, from 2004 to 2010. He holds a Bachelor of Business Administration degree in Accounting from James Madison University.

Adam Krick Latest Insider Activity

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

Smith Midland Management Efficiency

The company has return on total asset (ROA) of 0.065 % which means that it generated a profit of $0.065 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1328 %, meaning that it created $0.1328 on every $100 dollars invested by stockholders. Smith Midland's management efficiency ratios could be used to measure how well Smith Midland manages its routine affairs as well as how well it operates its assets and liabilities. At present, Smith Midland's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.04, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, Smith Midland's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.3 M, whereas Other Assets are forecasted to decline to 0.95.
Smith Midland Corp currently holds 5.77 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Smith Midland Corp has a current ratio of 2.55, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Smith Midland's use of debt, we should always consider it together with its cash and equity.

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Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. Smith-Midland Corporation was incorporated in 1960 and is based in Midland, Virginia. Smith-Midland Corp operates under Building Materials classification in the United States and is traded on NASDAQ Exchange. It employs 178 people. Smith Midland Corp (SMID) is traded on NASDAQ Exchange in USA. It is located in 5119 Catlett Road, Midland, VA, United States, 22728 and employs 172 people. Smith Midland is listed under Construction Materials category by Fama And French industry classification.

Management Performance

Smith Midland Corp Leadership Team

Elected by the shareholders, the Smith Midland's board of directors comprises two types of representatives: Smith Midland inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Smith. The board's role is to monitor Smith Midland's management team and ensure that shareholders' interests are well served. Smith Midland'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, Smith Midland's outside directors are responsible for providing unbiased perspectives on the board's policies.
Arthur Miles, President Advisor
Adam Krick, Treasurer, CFO
Matthew Smith, President Marketing
Stephanie Poe, Treasur CFO
Edward Broenniman, Advisor
Ashley Smith, President, COO and Director

Smith 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 Smith Midland 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.

Also Currently Popular

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When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
12.798
Earnings Share
1.22
Revenue Per Share
12.943
Quarterly Revenue Growth
0.336
Return On Assets
0.065
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.