Peter Holt - Joint Corp President CEO

JYNT Stock  USD 11.64  0.14  1.22%   

CEO

Mr. Peter D. Holt is Chief Executive Officer, Director of the Company. As previously reported, Mr. Holt has had extensive operational experience in senior management with companies that have multiple store locations and franchises. Most recently, he served as President and CEO of Tasti DLite LLC, a retailer of lowerfat dairy desserts. He held that position from 2013 until Tasti DLite was purchased by Kahala Brands in June of 2015. From 2007 through 2012, he was COO of Tasti DLite. While at Tasti DLite, among other achievements, he led the team to convert the licensed retail network into a business format franchise structure. He also led the acquisition of Planet Smoothie and managed the integration of the two brands. Prior to Tasti DLite, from 2005 until 2007, Mr. Holt served as Executive in Residence of Great Hills Partners, a Bostonbased private equity firm. At Great Hills Partners, he was responsible for identifying, qualifying and assisting in the due diligence process of potential franchisor acquisitions. He was the Chief Operating Officer of 24Seven Vending, a subsidiary of the New Zealand publicly traded company, VTL Group Limited, from 2004 until 2005. At 24Seven Vending, Mr. Holt was responsible for all aspects of the implementation of an acquisitiontofranchise conversion expansion strategy in parallel with managing the financing, sales, operations, technology, and training for the company. From 1997 through 2003, Mr. Holt held various positions with Mail Boxes, Etc., including Executive Vice President of Franchise Sales and Development, Senior Vice President, International, and Vice President, International. He was responsible for all franchise sales functions including domestic sales, site selectionretail center development, and the international sales and operations division. Mr. Holt also held positions at Brice Foods, Inc. and International Franchise Association . since 2018.
Age 65
Tenure 6 years
Address 16767 North Perimeter Drive, Scottsdale, AZ, United States, 85260
Phone480 245 5960
Webhttps://www.thejoint.com

Joint Corp Management Efficiency

The company has return on total asset (ROA) of 0.0201 % which means that it generated a profit of $0.0201 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6046) %, meaning that it created substantial loss on money invested by shareholders. Joint Corp's management efficiency ratios could be used to measure how well Joint Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.14 in 2024. Return On Capital Employed is likely to drop to -0.04 in 2024. Total Current Liabilities is likely to gain to about 35.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 46.8 M in 2024.
The Joint Corp currently holds 16.73 M in liabilities with Debt to Equity (D/E) ratio of 0.82, which is about average as compared to similar companies. Joint Corp has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Joint Corp's use of debt, we should always consider it together with its cash and equity.

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The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona. Joint Corp operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 316 people. The Joint Corp (JYNT) is traded on NASDAQ Exchange in USA. It is located in 16767 North Perimeter Drive, Scottsdale, AZ, United States, 85260 and employs 444 people. Joint Corp is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Joint Corp Leadership Team

Elected by the shareholders, the Joint Corp's board of directors comprises two types of representatives: Joint Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Joint. The board's role is to monitor Joint Corp's management team and ensure that shareholders' interests are well served. Joint Corp'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, Joint Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Beth Gross, Senior Resources
Jorge Armenteros, Senior Operations
Jason Greenwood, Chief Officer
Jake CPA, Chief Officer
Lori Habib, Chief Officer
Charles Nelles, Chief Officer
Jake Singleton, Chief Officer
Sanjiv Razdan, President CEO
Steven Knauf, Vice Compliance
Craig JD, Secretary
Eric Simon, Senior Development
Peter Holt, President CEO
Krischelle Tennessen, Chief Officer
Manjula Sriram, Vice Technology

Joint 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 Joint Corp 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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