Joel Phillips - Exactech CFO, Treasurer

CFO

Mr. Joel C. Phillips, CPA, is Chief Financial Officer, Executive Vice President, Treasurer of Exactech Inc. Mr. Phillips was promoted to Executive Vice President in February 2015. Mr. Phillips was Manager, Accounting and Management Information Systems at the Company from April 1993 to June 1998. From January 1991 to April 1993, Mr. Phillips was employed by Arthur Andersen since 2015.
Age 48
Tenure 9 years
Phone352 378-2617
Webwww.exac.com
Phillips received a B.S. and a Masters in Accounting from the University of Florida and is a Certified Public Accountant. During 2008, Mr. Phillips completed the Advanced Executive Program at the Kellogg School of Management at Northwestern University.

Exactech Management Efficiency

The company has return on total asset (ROA) of 0.0669 % which means that it generated a profit of $0.0669 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0826 %, meaning that it created $0.0826 on every $100 dollars invested by stockholders. Exactech's management efficiency ratios could be used to measure how well Exactech manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 14 M in liabilities with Debt to Equity (D/E) ratio of 5.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Exactech has a current ratio of 4.0, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Exactech until it has trouble settling it off, either with new capital or with free cash flow. So, Exactech'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 Exactech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Exactech to invest in growth at high rates of return. When we think about Exactech's use of debt, we should always consider it together with cash and equity.

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Exactech, Inc. develops, manufactures, markets, distributes, and sells orthopedic implant devices, related surgical instrumentation, and biologic services. Exactech, Inc. was founded in 1985 and is headquartered in Gainesville, Florida. Exactech operates under Medical Appliances Equipment classification in USA and traded on NASDAQ. It employs 733 people. Exactech (EXAC) is traded on NASDAQ Exchange in USA and employs 733 people.

Management Performance

Exactech Leadership Team

Elected by the shareholders, the Exactech's board of directors comprises two types of representatives: Exactech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Exactech. The board's role is to monitor Exactech's management team and ensure that shareholders' interests are well served. Exactech'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, Exactech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christine Nusse, Director
Richard Smith, Independent Director
R Petty, Executive Chairman of the Board
Francois Nusse, Chairman of the Board, CEO
Jerome Nusse, Director
Guillaume Nusse, Director
Andrew Krusen, Director
Charles Nusse, Director
Bruce Thompson, Sr. VP and General Manager of Biologics and Spine Division
James Binch, Independent Director
Monique Prissard, Director - Permanent Representative of Ets Charles Nusse
Fern Watts, Independent Director
David Petty, CEO and President and Director
Betty Petty, Vice President - Administration, Corporate Secretary
Donna Edwards, Vice President - Legal
William Locander, Independent Director
Dominique Daridan, Director
JeanClaude Nusse, Senior Vice President Director
Joel Phillips, CFO, Treasurer
Celine Nusse, Director
Frederic Nusse, Director
Gary Miller, Co-Founder and Executive VP of RandD
Caroline Valentin, Director
JeanOlivier Roussat, Executive Vice President
JeanMarie Nusse, Senior Vice President Director
William Petty, Executive Chairman of the Board

Exactech 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 Exactech 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exactech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exactech's short interest history, or implied volatility extrapolated from Exactech options trading.

Pair Trading with Exactech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exactech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exactech will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Abercrombie Fitch could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abercrombie Fitch when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abercrombie Fitch - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abercrombie Fitch to buy it.
The correlation of Abercrombie Fitch is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abercrombie Fitch moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abercrombie Fitch moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abercrombie Fitch can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Exactech information on this page should be used as a complementary analysis to other Exactech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 Exactech Stock

If you are still planning to invest in Exactech 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 Exactech's history and understand the potential risks before investing.
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