Thomas Vickers - Veritas Farms Pres Officer

VFRM Stock  USD 0.0008  0.0001  14.29%   

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.

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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.

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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.