Wayne Weng - Snipp Interactive Chief Officer

SNIPF Stock  USD 0.05  0.01  12.43%   

Insider

Wayne Weng is Chief Officer of Snipp Interactive
Phone888 997 6477
Webhttps://www.snipp.com

Snipp Interactive Management Efficiency

The company has return on total asset (ROA) of (0.0106) % which means that it has lost $0.0106 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1931 %, meaning that it generated $0.1931 on every $100 dollars invested by stockholders. Snipp Interactive's management efficiency ratios could be used to measure how well Snipp Interactive manages its routine affairs as well as how well it operates its assets and liabilities.
Snipp Interactive has accumulated 294.4 K in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Snipp Interactive has a current ratio of 2.21, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Snipp Interactive until it has trouble settling it off, either with new capital or with free cash flow. So, Snipp Interactive'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 Snipp Interactive sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Snipp to invest in growth at high rates of return. When we think about Snipp Interactive's use of debt, we should always consider it together with cash and equity.

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Snipp Interactive Inc., a loyalty and promotions company, focuses on developing marketing engagement platforms in the United States, Canada, Ireland, and internationally. Snipp Interactive Inc. was founded in 2007 and is headquartered in Vancouver, Canada. Snipp Interactive is traded on OTC Exchange in the United States. Snipp Interactive [SNIPF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Snipp Interactive Leadership Team

Elected by the shareholders, the Snipp Interactive's board of directors comprises two types of representatives: Snipp Interactive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Snipp. The board's role is to monitor Snipp Interactive's management team and ensure that shareholders' interests are well served. Snipp Interactive'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, Snipp Interactive's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rahoul Roy, Chief Legal Officer and Executive Vice President Corporate Development
Atul Sabharwal, Co-Founder, CEO and Director
Wayne Weng, Chief Officer
Anthony Aguiar, VP Devel
Tom Treanor, Chief Officer
Christian Hausammann, Managing Europe
CPA CGA, CFO Sec
Thomas Burgess, Pres SnippMedia
Richard Pistilli, Chief Rewards
Niamh Riordan, Chief Officer

Snipp Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Snipp Interactive 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Snipp Pink Sheet

Snipp Interactive financial ratios help investors to determine whether Snipp Pink Sheet 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 Snipp with respect to the benefits of owning Snipp Interactive security.