Michael Yecies - Resource America President

President

Mr. Michael S. Yecies is Senior Vice President Chief Legal Officer Secretary of Resource America Inc. He was Senior Vice President since 2005 and Chief Legal Officer and Secretary since 1998. Vice President from 1998 to 2005. Senior Vice President since 2007 and Chief Legal Officer and Secretary of Resource Capital Corporationration since 2005. Chief Legal Officer and Secretary of Atlas Energy Inc. and its predecessors from 1998 to 2006. Chief Legal Officer and Secretary of Atlas Pipeline Partners GP LLC from its formation in 1999 to 2006. Attorney at Duane Morris LLP from 1994 to 1998. since 2005.
Age 46
Tenure 19 years
Phone215 546-5005
Webwww.resourceamerica.com

Resource America Management Efficiency

The company has return on total asset (ROA) of 0.49 % which means that it generated a profit of $0.49 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 5.05 %, meaning that it created $5.05 on every $100 dollars invested by stockholders. Resource America's management efficiency ratios could be used to measure how well Resource America manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 20.29 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Resource America has a current ratio of 4.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Resource America until it has trouble settling it off, either with new capital or with free cash flow. So, Resource America'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 Resource America sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Resource to invest in growth at high rates of return. When we think about Resource America's use of debt, we should always consider it together with cash and equity.

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Resource America, Inc. operates as an asset management company. Resource America (REXI) is traded on NASDAQ Exchange in USA and employs 676 people.

Management Performance

Resource America Leadership Team

Elected by the shareholders, the Resource America's board of directors comprises two types of representatives: Resource America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Resource. The board's role is to monitor Resource America's management team and ensure that shareholders' interests are well served. Resource America'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, Resource America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Reiss, Director
Donald Delson, Independent Director
Hersh Kozlov, Independent Director
Michael Bradley, Independent Director
Johannes Witt, Member of the Supervisory Board, Employee Representative
Barbara Lambert, Member of the Supervisory Board
Thomas Book, Member of the Executive Board
Andrew Lubin, Independent Director
Christoph Boehm, COO, CIO
Jutta Stuhlfauth, Member of the Supervisory Board, Employee Representative
Carlos Campbell, Independent Director
Carsten Kengeter, Chairman of the Executive Board, CEO
Martin Jetter, Member of the Supervisory Board
Marion Fornoff, Member of the Supervisory Board, Employee Representative
Theodor Weimer, Chairman of the Executive Board, CEO
Gregor Pottmeyer, CFO, Member of the Executive Board
Joachim Nagel, Member of the Supervisory Board
Craig Heimark, Member of the Supervisory Board
HansPeter Gabe, Member of the Supervisory Board, Employee Representative
Alan Feldman, Sr. VP, CEO of Resource Real Estate Inc and President of Resource Properties
Edward Cohen, Chairman of the Board
Joachim Faber, Chairman of the Supervisory Board
Jeffrey Brotman, Executive VP and Sr. Counsel
Andreas Preuss, Deputy CEO, Member of the Executive Board, responsible for IT & Operations, Data & New Asset Classes
Amy Yip, Member of the Supervisory Board
Jonathan Cohen, President CEO, Director
Stephan Leithner, Member of the Executive Board
ClaraChristina Streit, Member of the Supervisory Board
Charles Stonehill, Member of the Supervisory Board
Arthur Miller, Vice President Chief Accounting Officer
John White, Independent Director
KarlHeinz Floether, Member of the Supervisory Board
Monica Maechler, Member of the Supervisory Board
Thomas Elliott, CFO and Sr. VP
Hauke Stars, Member of the Executive Board, responsible for Cash Market, Pre-IPO & Growth Financing
Erhard Schipporeit, Member of the Supervisory Board
Jeffrey Blomstrom, Senior Vice President
Jeffrey Tessler, Member of the Executive Board, responsible for Clients, Products & Core Markets
Michael Yecies, Senior Vice President Chief Legal Officer, Secretary
Richard Berliand, Deputy Chairman of the Supervisory Board
AnnKristin Achleitner, Member of the Supervisory Board

Resource 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 Resource America 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 Consideration for investing in Resource Stock

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