Craig Kitchin - Harvest Capital CFO

CFO

Mr. Craig R. Kitchin is Chief Financial Officer, Chief Compliance Officer, Secretary of Harvest Capital Credit Corporationration Mr. Kitchin serves as our Chief Financial Officer, Chief Compliance Officer and Secretary. Mr. Kitchin also serves as Chief Financial Officer for JMP Credit Advisors. Mr. Kitchin joined JMP Credit Advisors predecessor, Cratos Capital Partners, as Chief Financial Officer shortly after the companys inception in 2006 and was responsible for the administrative aspects of the company including capital raising, financial reporting, loan operations, accounting, tax, and human resources. Previously, Mr. Kitchin served from 1992 to 2006 in various capacities at Jameson Inns, Inc., a publicly traded hotel company with 1, 700 employees and over 100 properties, including from 1998 to 2006 as President, Chief Financial Officer and a member of the board of directors. While at Jameson Inns, Inc., he was instrumental in the companys initial public offering in 1994 and led numerous subsequent debt and followon equity offerings
Age 50
Professional MarksMBA
Webhttp://www.harvestcapitalcredit.com
Kitchin received a B.S. degree in finance from Santa Clara University and an M.B.A. with concentrations in accounting and finance from the University of Chicago.

Harvest Capital Management Efficiency

The company has return on total asset (ROA) of 2.13 % which means that it generated a profit of $2.13 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 9.02 %, meaning that it created $9.02 on every $100 dollars invested by stockholders. Harvest Capital's management efficiency ratios could be used to measure how well Harvest Capital manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 38.4 M in liabilities with Debt to Equity (D/E) ratio of 0.57, which is about average as compared to similar companies. Harvest Capital Credit has a current ratio of 17.85, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Harvest Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Harvest Capital'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 Harvest Capital Credit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Harvest to invest in growth at high rates of return. When we think about Harvest Capital's use of debt, we should always consider it together with cash and equity.

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Harvest Capital Credit Corporation is a business development company providing structured credit to small businesses and specializing in leveraged buyouts, add-on acquisitions, recapitalizations, growth financings and debt refinancing investments. Harvest Capital Credit Corporation was founded in 2012 and is based in New York, New York. Harvest Capital operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. Harvest Capital Credit (HCAP) is traded on NASDAQ Exchange in USA and employs 7 people.

Management Performance

Harvest Capital Credit Leadership Team

Elected by the shareholders, the Harvest Capital's board of directors comprises two types of representatives: Harvest Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Harvest. The board's role is to monitor Harvest Capital's management team and ensure that shareholders' interests are well served. Harvest Capital'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, Harvest Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jack Levin, Independent Director
Ryan Magee, Principal of HCAP Advisors LLC
Dorian Klein, Independent Director
Joseph Jolson, Chairman of the Board
Richard Buckanavage, CEO and President Director and Member of Investment Committee
Richard Sebastiao, Independent Director
Craig Kitchin, CFO, Principal Accounting Officer, Chief Compliance Officer and Secretary

Harvest 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 Harvest Capital 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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Check out Risk vs Return Analysis 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 Harvest Capital Credit information on this page should be used as a complementary analysis to other Harvest Capital'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Consideration for investing in Harvest Stock

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