Leonidas Korres - Navios Maritime Chief Financial Officer
CFO
Mr. Leonidas Korres is Chief Financial Officer of Navios Maritime Acquisition Corporationrationration. since April 2010, and previously Senior Vice President for Business Development since January 2010. Mr. Korres served as the Special Secretary for Public Private Partnerships in the Ministry of Economy and Finance of the Hellenic Republic from October 2005 until November 2009. Prior to that, from April 2004 to October 2005, Mr. Korres served as Special Financial Advisor to the Minister of Economy and Finance of the Hellenic Republic and as liquidator of the Organizational Committee for the Olympic Games Athens 2004 S.A. From 2001 to 2004, Mr. Korres worked as a Senior Financial Advisor for KPMG Corporationrationrate Finance. From October 2007 until January 2010, Mr. Korres was a member of the board of directors of Navios Partners. From May 2003 to December 2006, Mr. Korres was Chairman of the Center for Employment and Entrepreneurship, a nonprofit Company. From June 2008 until February 2009, Mr. Korres served as a board member and audit committee member of Hellenic Telecommunications Organization S.A. . From June 2004 until November 2009, Mr. Korres served on the board of Hellenic Olympic Properties S.A., which was responsible for exploiting the Olympic venues since 2010.
| Age | 37 |
| Tenure | 14 years |
| Phone | 345 232 3066 |
| Web | http://www.navios-acquisition.com |
Navios Maritime Management Efficiency
The company has Return on Asset of 3.36 % which means that on every $100 spent on assets, it made $3.36 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 5.4 %, implying that it generated $5.4 on every 100 dollars invested. Navios Maritime's management efficiency ratios could be used to measure how well Navios Maritime manages its routine affairs as well as how well it operates its assets and liabilities.Navios Maritime Acquisition has 1.2 B in debt with debt to equity (D/E) ratio of 3.73, meaning that the company heavily relies on borrowing funds for operations. Navios Maritime Acqu has a current ratio of 0.17, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Navios to invest in growth at high rates of return.
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Management Performance
Navios Maritime Acqu Leadership Team
Elected by the shareholders, the Navios Maritime's board of directors comprises two types of representatives: Navios Maritime inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Navios. The board's role is to monitor Navios Maritime's management team and ensure that shareholders' interests are well served. Navios Maritime'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, Navios Maritime's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vasiliki Papaefthymiou, Secretary | ||
| Angeliki Frangou, Chairman, CEO, Chairman of Navios Holdings and CEO of Navios Holdings | ||
| Brigitte Noury, Independent Director | ||
| Eleni Warren, Director | ||
| George Galatis, Independent Director | ||
| Leonidas Korres, Chief Financial Officer | ||
| Nikolaos Veraros, Independent Director | ||
| Anna Kalathakis, Senior Vice President - Legal Risk Management, Director | ||
| Ted Petrone, President, Director |
Navios 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 Navios Maritime 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.
| Return On Equity | 5.4 | |||
| Return On Asset | 3.36 | |||
| Profit Margin | 5.07 % | |||
| Operating Margin | 24.83 % | |||
| Current Valuation | 1.18 B | |||
| Shares Outstanding | 16.56 M | |||
| Shares Owned By Insiders | 32.16 % | |||
| Shares Owned By Institutions | 6.68 % | |||
| Number Of Shares Shorted | 187.84 K | |||
| Price To Earning | 3.34 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. 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. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Navios Stock
If you are still planning to invest in Navios Maritime Acqu check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Navios Maritime's history and understand the potential risks before investing.
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