| THULE Stock | | | SEK 344.40 10.00 2.82% |
President
Mr. Fredrik Erlandsson has served as Senior Vice President, Communications and Investor Relations at Thule Group AB since 2010. He studied political sciences and economics at Lund University and Copenhagen University. He previously was Corporationrationrate Relations manager and Corporationrationrate Relations Director at Diageo GM PR consultant MD and procuration holder Ehrenberg Marketing Kommunikation and Chief of Staff for the Moderate party delegation to the European Parliament. He served on Municipal Executive Board of the City of Landskrona and is currently Board member of Landskrona Stadshus AB. since 2010.
| Age | 53 |
| Tenure | 14 years |
| Phone | 46 4 06 35 90 00 |
| Web | https://www.thulegroup.com |
Thule Group Management Efficiency
The company has return on total asset
(ROA) of
0.0975 % which means that it generated a profit of $0.0975 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.2062 %, meaning that it generated $0.2062 on every $100 dollars invested by stockholders. Thule Group's management efficiency ratios could be used to measure how well Thule Group manages its routine affairs as well as how well it operates its assets and liabilities.
Thule Group AB has accumulated 1.55
B in total debt with debt to equity ratio
(D/E) of 64.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thule Group AB has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Thule Group until it has trouble settling it off, either with new capital or with free cash flow. So, Thule Group'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 Thule Group AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thule to invest in growth at high rates of return. When we think about Thule Group's use of debt, we should always consider it together with cash and equity.
Thule Group AB operates in the sports and outdoor sector worldwide. Thule Group AB was founded in 1942 and is headquartered in Malm, Sweden. Thule Group operates under Sports Equipment Manufacturers And Retailers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2300 people. Thule Group AB (THULE) is traded on Stockholm Exchange in Sweden and employs 2,566 people.
Management Performance
Thule Group AB Leadership Team
Elected by the shareholders, the Thule Group's board of directors comprises two types of representatives: Thule Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thule. The board's role is to monitor Thule Group's management team and ensure that shareholders' interests are well served. Thule Group'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, Thule Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thule 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 Thule Group 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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Additional Tools for Thule Stock Analysis
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