Chandan Chittimalle - Forza X1 Chief Engineer

FRZADelisted Stock  USD 0.24  0.03  14.29%   

Insider

Chandan Chittimalle is Chief Engineer of Forza X1
Phone(772) 429-2525
Webhttps://www.forzax1.com

Forza X1 Management Efficiency

The company has return on total asset (ROA) of (0.4069) % which means that it has lost $0.4069 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6366) %, meaning that it created substantial loss on money invested by shareholders. Forza X1's management efficiency ratios could be used to measure how well Forza X1 manages its routine affairs as well as how well it operates its assets and liabilities.
Forza X1 currently holds 346.41 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Forza X1 has a current ratio of 5.2, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Forza X1's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Jill WrobelBrunswick
43
R RollinsMarine Products
87
Reginald AimeBrunswick
59
Michael SchmitMarine Products
51
Stephanie MainsLCI Industries
53
Kip EmenhiserLCI Industries
50
Zachary CraneTwin Vee Powercats
N/A
Michael CharltonRee Automotive Holding
66
Jennifer KoenigBrunswick
N/A
Keren ShemeshRee Automotive Holding
49
Lee GordonBrunswick
N/A
Xavier MontagneVision Marine Technologies
50
Preston YarboroughTwin Vee Powercats
45
BSc CAVision Marine Technologies
60
Mike SchmidtMCBC Holdings
N/A
Eileen PruittLCI Industries
46
Ahishay SardesRee Automotive Holding
43
John SirpillaLCI Industries
54
Caroline HutchesonRee Automotive Holding
N/A
Josh TechRee Automotive Holding
N/A
Lauren BeckstedtBrunswick
N/A
Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co. Forza X1 operates under Recreational Vehicles classification in the United States and is traded on NASDAQ Exchange. It employs 5 people. Forza X1 (FRZA) is traded on NASDAQ Exchange in USA. It is located in 3101 S. US-1, Fort Pierce, FL, United States, 34982 and employs 10 people. Forza X1 is listed under Shipbuilding Railroad Equipment category by Fama And French industry classification.

Management Performance

Forza X1 Leadership Team

Elected by the shareholders, the Forza X1's board of directors comprises two types of representatives: Forza X1 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forza. The board's role is to monitor Forza X1's management team and ensure that shareholders' interests are well served. Forza X1'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, Forza X1's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Norton, President Engineering
Chandan Chittimalle, Chief Engineer
Joseph Visconti, Executive Development
Nicole Camacho, Chief Officer
JeanMarc Zanni, Chief Officer
Michael Dickerson, Interim Officer
Jim Leffew, CEO President
Carrie Gunnerson, CFO Officer

Forza 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 Forza X1 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.

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 Investing Opportunities 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 nation.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in Forza Stock

If you are still planning to invest in Forza X1 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 Forza X1's history and understand the potential risks before investing.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device