Ira Levy - Surge Components Chairman, CEO and President and CFO

SPRS Stock  USD 2.25  0.02  0.88%   

Chairman

Mr. Ira Levy is President, Chief Executive Officer, Chief Financial Officer, Director of Surge Components Inc. He has served as our President, Chief Executive Officer and director since our inception in November 1981, and as Chief Financial Officer since March 2010. From 1976 to 1981, Mr. Levy was employed by Capar Components Corporationration, an importer and supplier of capacitor and resistor products. since 2010.
Age 66
Tenure 15 years
Phone631 595 1818
Webhttps://www.surgecomponents.com

Surge Components Management Efficiency

The company has return on total asset (ROA) of 0.1254 % which means that it generated a profit of $0.1254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2351 %, meaning that it created $0.2351 on every $100 dollars invested by stockholders. Surge Components' management efficiency ratios could be used to measure how well Surge Components manages its routine affairs as well as how well it operates its assets and liabilities.
Surge Components currently holds 1.54 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Surge Components has a current ratio of 3.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Surge Components until it has trouble settling it off, either with new capital or with free cash flow. So, Surge Components' 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 Surge Components sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Surge to invest in growth at high rates of return. When we think about Surge Components' use of debt, we should always consider it together with cash and equity.

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Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. The company was incorporated in 1981 and is headquartered in Deer Park, New York. Surge Components operates under Electronics Computer Distribution classification in the United States and is traded on OTC Exchange. It employs 43 people. Surge Components [SPRS] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Surge Components Leadership Team

Elected by the shareholders, the Surge Components' board of directors comprises two types of representatives: Surge Components inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Surge. The board's role is to monitor Surge Components' management team and ensure that shareholders' interests are well served. Surge Components' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Surge Components' outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven Lubman, VP, Secretary and Director
Ira Levy, Chairman, CEO and President and CFO

Surge 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 Surge Components 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.

Thematic Opportunities

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Additional Tools for Surge Pink Sheet Analysis

When running Surge Components' price analysis, check to measure Surge Components' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Surge Components is operating at the current time. Most of Surge Components' value examination focuses on studying past and present price action to predict the probability of Surge Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Components' price. Additionally, you may evaluate how the addition of Surge Components to your portfolios can decrease your overall portfolio volatility.