Louis Miramontes - Lithia Motors Lead Independent Director

LMO Stock  EUR 346.00  2.00  0.58%   

Director

Mr. Louis P. Miramontes is Independent Director of the Lithaia Motors Inc. Mr. Miramontes currently serves as Audit Committee Chair for Rite Aid Corporation and a private company in California. He provides advisory services to a real estate development company. Mr. Miramontes worked at KPMG from 1976 to 2014, where he served as managing partner for the San Francisco office and provided audit services to public and private companies. He has extensive experience in accounting, financial reporting and corporate governance since 2019.
Age 64
Tenure 5 years
Phone541 776 6401
Webhttps://www.lithiainvestorrelations.com
Miramontes hold a B.S. degree in Business Administration from California State University, East Bay. He is also an audit committee financial expert as defined under SEC rules.

Louis Miramontes Latest Insider Activity

Tracking and analyzing the buying and selling activities of Louis Miramontes against Lithia Motors stock is an integral part of due diligence when investing in Lithia Motors. Louis Miramontes insider activity provides valuable insight into whether Lithia Motors is net buyers or sellers over its current business cycle. Note, Lithia Motors insiders must abide by specific rules, including filing SEC forms every time they buy or sell Lithia Motors'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Lithia Motors Management Efficiency

The company has return on total asset (ROA) of 0.0935 % which means that it generated a profit of $0.0935 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2545 %, meaning that it generated $0.2545 on every $100 dollars invested by stockholders. Lithia Motors' management efficiency ratios could be used to measure how well Lithia Motors manages its routine affairs as well as how well it operates its assets and liabilities.
Lithia Motors has accumulated 5.51 B in total debt with debt to equity ratio (D/E) of 1.52, which is about average as compared to similar companies. Lithia Motors has a current ratio of 1.23, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Lithia Motors until it has trouble settling it off, either with new capital or with free cash flow. So, Lithia Motors' 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 Lithia Motors sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lithia to invest in growth at high rates of return. When we think about Lithia Motors' use of debt, we should always consider it together with cash and equity.

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Lithia Motors, Inc. operates as an automotive retailer in the United States. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon. LITHIA MOTORS operates under Auto Truck Dealerships classification in Germany and is traded on Frankfurt Stock Exchange. It employs 14538 people. Lithia Motors (LMO) is traded on Frankfurt Exchange in Germany and employs 21,875 people.

Management Performance

Lithia Motors Leadership Team

Elected by the shareholders, the Lithia Motors' board of directors comprises two types of representatives: Lithia Motors inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lithia. The board's role is to monitor Lithia Motors' management team and ensure that shareholders' interests are well served. Lithia Motors' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lithia Motors' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Holzshu, Chief Human Resource Officer, Executive Vice President, Secretary
Shauna McIntyre, Independent Director
David Robino, Independent Director
Tina Miller, Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Principal Financial Officer and Principal Accounting Officer
Scott Hillier, Senior Vice President - Operations
Bryan DeBoer, President, Chief Executive Officer, Director
Kenneth Roberts, Independent Director
Sidney DeBoer, Executive Chairman of the Board, Secretary
Louis Miramontes, Lead Independent Director
Marguerite Celeste, VP Officer
Susan Cain, Independent Director
Bryan Osterhout, Senior Vice President leading a substantial group of stores
David Stork, Chief Legal Officer
Thomas Dobry, Senior Vice President Chief Marketing Officer
George Hines, Senior Vice President, Chief Technology and Innovation Officer
Gary Glandon, VP Officer

Lithia 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 Lithia Motors 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

Additional Information and Resources on Investing in Lithia Stock

When determining whether Lithia Motors is a strong investment it is important to analyze Lithia Motors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lithia Motors' future performance. For an informed investment choice regarding Lithia Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithia Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Lithia Stock please use our How to Invest in Lithia Motors guide.
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Please note, there is a significant difference between Lithia Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithia Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithia Motors' 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.