Thomas Vickers - Veritas Farms Pres Officer

VFRM Stock  USD 0.0005  0.00  0.00%   

Insider

Thomas Vickers is Pres Officer of Veritas Farms
Age 60
Phone833 691 4367
Webhttps://www.theveritasfarms.com

Veritas Farms Management Efficiency

The company has return on total asset (ROA) of (0.4401) % which means that it has lost $0.4401 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3391) %, meaning that it created substantial loss on money invested by shareholders. Veritas Farms' management efficiency ratios could be used to measure how well Veritas Farms manages its routine affairs as well as how well it operates its assets and liabilities.
Veritas Farms currently holds 1.3 M in liabilities with Debt to Equity (D/E) ratio of 1.1, which is about average as compared to similar companies. Veritas Farms has a current ratio of 1.56, which is within standard range for the sector. Debt can assist Veritas Farms until it has trouble settling it off, either with new capital or with free cash flow. So, Veritas Farms' 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 Veritas Farms sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Veritas to invest in growth at high rates of return. When we think about Veritas Farms' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Bret KravitzGreen Thumb Industries
43
Sarvesh MathurAYR Strategies Class
N/A
Darren EsqVerano Holdings Corp
39
Ryan CrandallMarimed
N/A
Brenna CPACresco Labs
N/A
Kenneth MDAquestive Therapeutics
N/A
Swadheen SehgalGreen Thumb Industries
N/A
Daniel ShakerGreen Thumb Industries
52
Jennifer DrakeAYR Strategies Class
N/A
Anya VargaAYR Strategies Class
N/A
Eric DadeyAquestive Therapeutics
N/A
Lise MDCyclo Therapeutics
60
CPA CPAIntracellular Th
68
Mathew FaulknerGreen Thumb Industries
50
Apurva SarafAmneal Pharmaceuticals, Class
N/A
Anthony DiMeoAmneal Pharmaceuticals, Class
N/A
John SchetzCresco Labs
46
Robert FiremanMarimed
74
Jeffrey GeorgeAmneal Pharmaceuticals, Class
47
Destiny ThompsonVerano Holdings Corp
42
Timothy ShawMarimed
45
Veritas Farms, Inc. focuses on producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids. The company was formerly known as SanSal Wellness Holdings, Inc. and changed its name to Veritas Farms, Inc. in February 2019. Veritas Farms operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 44 people. Veritas Farms [VFRM] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Veritas Farms Leadership Team

Elected by the shareholders, the Veritas Farms' board of directors comprises two types of representatives: Veritas Farms inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Veritas. The board's role is to monitor Veritas Farms' management team and ensure that shareholders' interests are well served. Veritas Farms' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Veritas Farms' outside directors are responsible for providing unbiased perspectives on the board's policies.
Marisa Cifre, Marketing Mang
Rianna Meyer, VP Operations
Michael Krouskos, VP Devel
Derek Thomas, VP Devel
Thomas Vickers, Pres Officer
Ramon Pino, Treasurer CFO

Veritas 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 Veritas Farms 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Veritas Pink Sheet

Veritas Farms financial ratios help investors to determine whether Veritas 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 Veritas with respect to the benefits of owning Veritas Farms security.