Erick Fernandez - Fednat Holding CFO

FNHCDelisted Stock  USD 0  0.00  0.00%   

CFO

Mr. Erick A. Fernandez is Chief Accounting Officer of the Company. Mr. Fernandez brings more than 15 years experience in accounting and financial reporting, including most recently as Senior Director, Financial Planning and Analysis, for Verizon Communications, Inc. from June 2011 until he joined the Company in January 2016. Prior to that position, Mr. Fernandez held various Finance and Accounting positions at Terremark Worldwide, Inc., including Senior Director of Accounting and External Reporting from November 2010 to June 2011, Director of Budgeting and Reporting from July 2009 to November 2010, and Director of SEC Reporting from June 2008 to July 2009. From September 2001 to June 2008, Mr. Fernandez worked for the Big 5 accounting firms, including as an Audit Manager at Ernst Young LLP from May 2002 to June 2008 since 2017.
Age 44
Tenure 7 years
Phone800 293 2532
Webhttps://www.fednat.com
Fernandez is a Certified Public Accountant and received his Masters of Business Administration and a bachelor’s degree in accounting from Florida International University.

Fednat Holding Management Efficiency

The company has return on total asset (ROA) of (0.0568) % which means that it has lost $0.0568 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5831) %, meaning that it created substantial loss on money invested by shareholders. Fednat Holding's management efficiency ratios could be used to measure how well Fednat Holding manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 118.81 M in liabilities with Debt to Equity (D/E) ratio of 8.87, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Fednat Holding has a current ratio of 2.37, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Fednat Holding until it has trouble settling it off, either with new capital or with free cash flow. So, Fednat Holding'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 Fednat Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fednat to invest in growth at high rates of return. When we think about Fednat Holding's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 9 records

CFO Age

Lin BoKingdee International Software
N/A
Robert RamseyBm Technologies
44
John RobertsDHI Group
48
Brad WolfeAsure Software
54
Kevin BostickDHI Group
56
Bo LinKingdee International Software
50
Fernando TennenbaumAnheuser Busch Inbev
47
Kelyn BrannonAsure Software
58
Luc GregoireDHI Group
58
FedNat Holding Company, together with its subsidiaries, engages in the insurance underwriting, distribution, and claims processing business in Florida, Louisiana, Texas, Georgia, South Carolina, Alabama, and Mississippi. FedNat Holding Company was founded in 1991 and is based in Sunrise, Florida. Federated Natl operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 341 people. Fednat Holding Co (FNHC) is traded on NASDAQ Exchange in USA and employs 341 people.

Management Performance

Fednat Holding Leadership Team

Elected by the shareholders, the Fednat Holding's board of directors comprises two types of representatives: Fednat Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fednat. The board's role is to monitor Fednat Holding's management team and ensure that shareholders' interests are well served. Fednat 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, Fednat Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Simberg, Independent Chairman of the Board
Richard Wilcox, Independent Director
Peter Prygelski, CFO, Treasurer, Director
Roberta Young, Independent Director
James III, VP Sec
Michael Braun, Chairman, CEO and President and Member of Directors Compensation Committee
David Michelson, Independent Director
Thomas Rogers, Independent Director
Carl Dorf, Independent Director
Ronald Jordan, CFO
Jenifer Kimbrough, Independent Director
William Stewart, Independent Director
Erick Fernandez, Interim CFO, Principal Accounting and Financial Officer
Brian Turnau, Pres Inc
David Patterson, Independent Director

Fednat 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 Fednat 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 rate.
Note that the Fednat Holding information on this page should be used as a complementary analysis to other Fednat Holding'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Fednat Stock

If you are still planning to invest in Fednat Holding 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 Fednat Holding's history and understand the potential risks before investing.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated