Mr. Thomas C. Nelson is Independent Director of Belk Inc. Mr. Nelson has served as the President and Chief Executive Officer of National Gypsum Company, a building products manufacturer, since 1999 and was elected Chairman of the Board in January 2005. From 1995 to 1999, Mr. Nelson served as the Vice Chairman and Chief Financial Officer of National Gypsum Company. He is also a General Partner of Chief Financial Officer of National Gypsum Company. He is also a General Partner of Wakefield Group, a North Carolina based VC firm. Mr. Nelson previously worked for Morgan Stanley and Co. and in the United States Defense Department as Assistant to the Secretary and White House Fellow. He also serves as a Director of Yum! Brands, Inc.
The company has return on total asset (ROA) of 7.65 % which means that it generated profit of $7.65 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 15.31 % meaning that it generated $15.31 on every $100 dollars invested by stockholders.
The company has accumulated 523.68 M in total debt with debt to equity ratio (D/E) of 0.42 which is about average as compared to similar companies. Belk Inc has Current Ratio of 2.46 suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due.
Belk, Inc., together with its subsidiaries, owns and operates mainline department stores primarily in the southern United States. Belk Inc [BLKIB] is traded as part of a regulated electronic trading service offered by the NASD. Filter other
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