Richard Nance - VirnetX Holding Chief Financial Officer

VHC Stock  USD 4.53  0.07  1.52%   

CFO

Mr. Richard H. Nance is Chief Financial Officer of VirnetX Holding Corporationration From 2002 to 2011, Mr. Nance worked for Strasbaugh, a designer of precision surfacing systems and solutions for the global semiconductor and semiconductor equipment, silicon wafer and silicon wafer equipment, data storage, microelectromechanical system, light emitting diode and precision optics markets, serving most recently as its Executive Vice President and Chief Financial Officer since 2012.
Age 71
Tenure 12 years
Professional MarksCPA
Address 308 Dorla Court, Zephyr Cove, NV, United States, 89448
Phone775 548 1785
Webhttps://www.virnetx.com
Nance has served clients in his private practice since 2011 and is a licensed CPA and CGMA.

Richard Nance Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Nance against VirnetX Holding stock is an integral part of due diligence when investing in VirnetX Holding. Richard Nance insider activity provides valuable insight into whether VirnetX Holding is net buyers or sellers over its current business cycle. Note, VirnetX Holding insiders must abide by specific rules, including filing SEC forms every time they buy or sell VirnetX Holding'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

VirnetX Holding Management Efficiency

The company has Return on Asset of (0.2254) % which means that on every $100 spent on assets, it lost $0.2254. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.3496) %, meaning that it generated no profit with money invested by stockholders. VirnetX Holding's management efficiency ratios could be used to measure how well VirnetX Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of December 12, 2024, Return On Tangible Assets is expected to decline to -0.48. In addition to that, Return On Capital Employed is expected to decline to -0.56. At present, VirnetX Holding's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 227.9 M, whereas Total Assets are forecasted to decline to about 43.4 M.
VirnetX Holding Corp has 4.4 M in debt. VirnetX Holding Corp has a current ratio of 215.37, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for VirnetX to invest in growth at high rates of return.

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VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada. VirnetX Holding operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 24 people. VirnetX Holding Corp (VHC) is traded on New York Stock Exchange in USA. It is located in 308 Dorla Court, Zephyr Cove, NV, United States, 89448 and employs 27 people. VirnetX Holding is listed under Application Software category by Fama And French industry classification.

Management Performance

VirnetX Holding Corp Leadership Team

Elected by the shareholders, the VirnetX Holding's board of directors comprises two types of representatives: VirnetX Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VirnetX. The board's role is to monitor VirnetX Holding's management team and ensure that shareholders' interests are well served. VirnetX Holding'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, VirnetX Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Victor Larson, Chief Technical Officer
Katharine Martin, Corporate Secretary
Kendall Larsen, Chairman, CEO and President Chief Executive of VirnetX Inc and President of VirnetX Inc
Greg Wood, VP of Corporate Communications
Kathleen Larsen, Chief CoFounder
Richard Nance, Chief Financial Officer
Katherine Allanson, Chief Financial Officer
Darl McBride, Chief Operating Officer - Japan Division
Gary Feiner, Independent Director
Thomas OBrien, Independent Director
Michael Angelo, Independent Director
Sameer Mathur, Vice Marketing
Robert Short, Chief Technology Officer, Chief Scientist, Director
Willard Thomas, Vice Sales
Kathy Allanson, Chief Financial Officer
Robert III, Chief Director

VirnetX 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 VirnetX Holding 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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When determining whether VirnetX Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirnetX Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virnetx Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virnetx Holding Corp Stock:
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VirnetX Holding. If investors know VirnetX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VirnetX Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.32)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.23)
Return On Equity
(0.35)
The market value of VirnetX Holding Corp is measured differently than its book value, which is the value of VirnetX that is recorded on the company's balance sheet. Investors also form their own opinion of VirnetX Holding's value that differs from its market value or its book value, called intrinsic value, which is VirnetX Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VirnetX Holding's market value can be influenced by many factors that don't directly affect VirnetX Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VirnetX Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirnetX Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirnetX Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.