| ICESEA Stock | | | ISK 4.60 0.02 0.43% |
CEO
Bjarni Armannsson is Chief Executive Officer of Iceland Seafood International since 2019.
| Age | 50 |
| Tenure | 5 years |
| Phone | 354 550 8000 |
| Web | http://www.icelandseafood.com |
Iceland Seafood Management Efficiency
The company has return on total asset
(ROA) of
1.94 % which means that it generated a profit of $1.94 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
3.02 %, meaning that it generated $3.02 on every $100 dollars invested by stockholders. Iceland Seafood's management efficiency ratios could be used to measure how well Iceland Seafood manages its routine affairs as well as how well it operates its assets and liabilities.
Iceland Seafood International has accumulated 116.62
M in total debt with debt to equity ratio
(D/E) of 1.49, which is about average as compared to similar companies. Iceland Seafood Inte has a current ratio of 1.1, suggesting that it
may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Iceland Seafood until it has trouble settling it off, either with new capital or with free cash flow. So, Iceland Seafood'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 Iceland Seafood Inte sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iceland to invest in growth at high rates of return. When we think about Iceland Seafood's use of debt, we should always consider it together with cash and equity.
Iceland Seafood International hf., together with its subsidiaries, processes, sells, and distributes seafood products primarily in Iceland and internationally. The company was founded in 1932 and is headquartered in Reykjavik, Iceland. Iceland Seafood operates under Packaged Foods classification in Exotistan and is traded on Commodity Exchange. It employs 670 people. Iceland Seafood International (ICESEA) is traded on Iceland Exchange in Iceland and employs 670 people.
Management Performance
Iceland Seafood Inte Leadership Team
Elected by the shareholders, the Iceland Seafood's board of directors comprises two types of representatives: Iceland Seafood inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iceland. The board's role is to monitor Iceland Seafood's management team and ensure that shareholders' interests are well served. Iceland Seafood'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, Iceland Seafood's outside directors are responsible for providing unbiased perspectives on the board's policies.
Iceland 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 Iceland Seafood 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
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Other Information on Investing in Iceland Stock
Iceland Seafood financial ratios help investors to determine whether Iceland 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 Iceland with respect to the benefits of owning Iceland Seafood security.