Kim Korth - Stoneridge Independent Director

SRI Stock  USD 5.85  0.03  0.52%   

Director

Ms. Kim Korth is an Independent Director of Stoneridge Inc. Since July 2017 Ms. Korth has served as the President and Chief Executive Officer of 6th Avenue Consulting Group. Prior to that, from December 2012 until April 2017 Ms. Korth was the President and Chief Executive Officer of Dickten Masch Plastics, LLC, a thermoplastics and thermoset manufacturer, and as the President, Chief Executive Officer and director of TECHNIPLASTM, a privately held group of plasticsfocused manufacturing businesses. Prior to that, she served as President, Chief Executive Officer and as a director of Supreme Corporationrationration, a manufacturer of truck and van bodies, from 2011 to 2012. Ms. Korth is the founder and owner of IRN, Inc., an international automotive consulting firm. She founded the consulting firm in 1983 and is a recognized expert on automotive supplier strategy and issues. Ms. Korth is a member of the board of Unique Fabricating, Inc., a niche supplier of acoustic parts for the automotive industry. since 2006.
Age 65
Tenure 19 years
Address 39675 MacKenzie Drive, Novi, MI, United States, 48377
Phone248 489 9300
Webhttps://www.stoneridge.com

Latest Insider Transactions

2024-03-06Disposed of 7745 shares @ 16.49View
Korth has several decades of experience in corporate governance issues, organizational design, and development of strategies for growth and improved financial performance for automotive suppliers. In addition to the knowledge and experience described above, the Company believes that Ms. Korth should serve as a director because she provides insight to industry trends and expectations to the Board, which strengthens the Board’s collective qualifications, skills and experience.

Stoneridge Management Efficiency

The company has Return on Asset of 0.0116 % which means that on every $100 spent on assets, it made $0.0116 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0271) %, meaning that it generated no profit with money invested by stockholders. Stoneridge's management efficiency ratios could be used to measure how well Stoneridge manages its routine affairs as well as how well it operates its assets and liabilities. The Stoneridge's current Return On Tangible Assets is estimated to increase to -0.0095. The current Return On Capital Employed is estimated to decrease to 0.03. As of now, Stoneridge's Debt To Assets are decreasing as compared to previous years.
Stoneridge has 203.01 M in debt with debt to equity (D/E) ratio of 0.64, which is OK given its current industry classification. Stoneridge has a current ratio of 2.15, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Stoneridge to invest in growth at high rates of return.

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Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan. Stoneridge operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 5000 people. Stoneridge (SRI) is traded on New York Stock Exchange in USA. It is located in 39675 MacKenzie Drive, Novi, MI, United States, 48377 and employs 4,850 people. Stoneridge is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Stoneridge Leadership Team

Elected by the shareholders, the Stoneridge's board of directors comprises two types of representatives: Stoneridge inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Stoneridge. The board's role is to monitor Stoneridge's management team and ensure that shareholders' interests are well served. Stoneridge'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, Stoneridge's outside directors are responsible for providing unbiased perspectives on the board's policies.
Caetano Ferraiolo, President of the PST Electronics Division
Douglas Jacobs, Independent Director
Laurent Borne, President of the Electronics Division and Chief Technology Officer
Robert Krakowiak, Chief Financial Officer, Executive Vice President, Treasurer
Ira Kaplan, Independent Director
Rajaey Kased, President Division
Jonathan DeGaynor, President, Chief Executive Officer, Director
James Zizelman, President of the Control Devices Division
William Lasky, Lead Independent Director
Peter Osterberg, President Division
Kevin Heigel, Vice President - Operations
George Mayes, Independent Director
Robert Hartman, Chief Accounting Officer
Archie III, Vice Operations
Jeffrey Draime, Independent Director
Susan Benedict, Chief Human Resources Officer and Assistant General Counsel - Labor and Employment
Thomas Dono, Chief Legal Officer and Secretary
Daniel Kusiak, Chief Procurement Officer
Paul Schlather, Independent Director
Frank Sklarsky, Independent Director
Kelly Harvey, Director Relations
Kim Korth, Independent Director
Salvatore Orsini, Chief Officer
Matt Horvath, Director Investor Relations and M&A
Matthew Horvath, CFO Treasurer
Troy Cooprider, Chief Officer
Theresa Mitchell, Chief Officer
Samantha Simmerson, Manager Communications
Laurent Borneas, President of the Electronics Division and Chief Technology Officer
Robert Loesch, Secretary

Stoneridge 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 Stoneridge 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

When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stoneridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Automotive Parts & Equipment 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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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
1.948
Earnings Share
(0.27)
Revenue Per Share
33.364
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0116
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.