Stephen Macklem - Veltex Treasurer, CFO

VLXC Stock  USD 0.08  0.01  10.57%   

Insider

Stephen Macklem is Treasurer, CFO of Veltex
Phone312 235 4014
Webhttps://www.veltex.com

Veltex Management Efficiency

The company has return on total asset (ROA) of 0.0699 % which means that it generated a profit of $0.0699 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1189 %, meaning that it created $0.1189 on every $100 dollars invested by stockholders. Veltex's management efficiency ratios could be used to measure how well Veltex manages its routine affairs as well as how well it operates its assets and liabilities.
Veltex currently holds 1.6 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Veltex has a current ratio of 18.97, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Veltex until it has trouble settling it off, either with new capital or with free cash flow. So, Veltex's 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 Veltex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Veltex to invest in growth at high rates of return. When we think about Veltex's use of debt, we should always consider it together with cash and equity.

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Veltex Corporation focuses on the development and acquisition of companies that have modalities in the areas of health, wellness, and recovery. The company was founded in 1987 and is headquartered in Chicago, Illinois. VELTEX CORP operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange. Veltex [VLXC] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Veltex Management Team

Elected by the shareholders, the Veltex's board of directors comprises two types of representatives: Veltex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Veltex. The board's role is to monitor Veltex's management team and ensure that shareholders' interests are well served. Veltex'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, Veltex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andreas Mauritzson, Pres CEO
Stephen Macklem, Treasurer, CFO
Thomas Bailey, Chief Officer

Veltex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Veltex 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 Veltex OTC Stock

Veltex financial ratios help investors to determine whether Veltex OTC Stock 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 Veltex with respect to the benefits of owning Veltex security.