Michael Gering - TerraVest Industries President Services Division

TRRVF Stock  USD 81.00  0.73  0.89%   

President

Mr. Michael Gering is President, Services Division of the Company. Butch began working in the Oilfield industry in 1985 and cofounded Diamond Energy Services in 1996 starting with one service rig. Over time, Diamond has grown into the leading service rig provider in southwestern Saskatchewan and continues to support not only customers but the community as well. This includes Swift Current Minor Hockey, the South Saskatchewan Female Hockey League and numerous other community and fundraising committees. Separate from community involvement, Mr. Gering is also a director at Great Plains College and Vice Chair of Sask Water.
Phone780 632 2040
Webhttps://terravestindustries.com

TerraVest Industries Management Efficiency

The company has return on total asset (ROA) of 0.0667 % which means that it generated a profit of $0.0667 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2695 %, meaning that it generated $0.2695 on every $100 dollars invested by stockholders. TerraVest Industries' management efficiency ratios could be used to measure how well TerraVest Industries manages its routine affairs as well as how well it operates its assets and liabilities.
TerraVest Industries has accumulated 228.46 M in total debt with debt to equity ratio (D/E) of 1.52, which is about average as compared to similar companies. TerraVest Industries has a current ratio of 2.59, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist TerraVest Industries until it has trouble settling it off, either with new capital or with free cash flow. So, TerraVest Industries' 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 TerraVest Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TerraVest to invest in growth at high rates of return. When we think about TerraVest Industries' use of debt, we should always consider it together with cash and equity.

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TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. TerraVest Industries Inc. was founded in 2004 and is headquartered in Vegreville, Canada. Terravest Industries is traded on OTC Exchange in the United States. TerraVest Industries [TRRVF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

TerraVest Industries Leadership Team

Elected by the shareholders, the TerraVest Industries' board of directors comprises two types of representatives: TerraVest Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TerraVest. The board's role is to monitor TerraVest Industries' management team and ensure that shareholders' interests are well served. TerraVest Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TerraVest Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mitchell Gilbert, Chief Investment Officer
Marilyn Boucher, Vice President - Finance
Peter Eng, Sec Industries
Michael Gering, President Services Division
Mitchell MBA, Pres Segment
Dustin Haw, Director
Pierre Fournier, President Fuel Containment Division

TerraVest 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 TerraVest Industries 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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Other Information on Investing in TerraVest Pink Sheet

TerraVest Industries financial ratios help investors to determine whether TerraVest Pink Sheet 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 TerraVest with respect to the benefits of owning TerraVest Industries security.