Michael Elkins - MagnaChip Semiconductor Lead Director

MX Stock  USD 4.87  0.02  0.41%   

Director

Mr. Michael Elkins serves is a Lead Independent Director of Magnachip Semiconductor Corporationration, since November 2009. Mr. Elkins currently selfemployed as an investor and business consultant which includes an agreement with Avenue. From 2004 to 2012, Mr. Elkins was employed by affiliates of Avenue, most recently as a Portfolio Manager of the Avenue U.S. Funds. In such capacity, Mr. Elkins was responsible for assisting with the direction of the investment activities of the Avenue U.S. strategy. Prior to joining Avenue, Mr. Elkins was a Portfolio Manager and Trader with ABP Investments US, Inc. While at ABP, he was responsible for actively managing high yield investments using a total return and special situations strategy. Prior to ABP, Mr. Elkins served as a Portfolio Manager and Trader for UBK Asset Management, after joining the company as a High Yield Credit Analyst. Previously, Mr. Elkins was a Credit Analyst for both Oppenheimer Co., Inc. and Smith Barney, Inc. Mr. Elkins has served on the board of directors of QCE Finance LLC, a restaurant franchise company, since January 2013, Trump Entertainment, a casino company since February 2013 and Bowlmor AMF a consumer bowling and leisure company since August 2013. Mr. Elkins previously served on the board of directors of American Media, Inc., a media brands and magazine publishing company, Vertis Communication, an advertising services company, Milacron LLC, a plasticsprocessing technologies and industrial fluids supplier, and Ion Media Networks, Inc., a broadcast television station. Mr. Elkins serves or has served on the board of directors of each of these companies, all of which are private companies, in connection with a reorganization or refinancing involving affiliates of Avenue and as a result of his past position and current association with Avenue since 2009.
Age 46
Tenure 15 years
Professional MarksMBA
Address 15F, 76, Jikji-daero, Cheongju, South Korea, 28851
Phone82 2 6903 3000
Webhttps://www.magnachip.com
Elkins holds a B.A. in Marketing from George Washington University and an M.B.A. in Finance from the Goizueta Business School at Emory University.

MagnaChip Semiconductor Management Efficiency

The company has Return on Asset (ROA) of (0.0646) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0646. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0948) %, which implies that it produced no returns to current stockholders. MagnaChip Semiconductor's management efficiency ratios could be used to measure how well MagnaChip Semiconductor manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.08 in 2024. Return On Capital Employed is likely to rise to -0.13 in 2024. At this time, MagnaChip Semiconductor's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 246.4 M in 2024, whereas Other Current Assets are likely to drop slightly above 8.7 M in 2024.
The company reports 5.39 M of total liabilities with total debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from financial leverage. MagnaChip Semiconductor has a current ratio of 5.1, indicating that it is in good position to pay out its debt commitments in time. Debt can assist MagnaChip Semiconductor until it has trouble settling it off, either with new capital or with free cash flow. So, MagnaChip Semiconductor'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 MagnaChip Semiconductor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MagnaChip to invest in growth at high rates of return. When we think about MagnaChip Semiconductor's use of debt, we should always consider it together with cash and equity.

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Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. Magnachip Semiconductor Corporation was incorporated in 2004 and is based in Luxembourg, Luxembourg. Magnachip Semiconductor is traded on New York Stock Exchange in the United States. MagnaChip Semiconductor (MX) is traded on New York Stock Exchange in USA. It is located in 15F, 76, Jikji-daero, Cheongju, South Korea, 28851 and employs 891 people. MagnaChip Semiconductor is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification.

Management Performance

MagnaChip Semiconductor Leadership Team

Elected by the shareholders, the MagnaChip Semiconductor's board of directors comprises two types of representatives: MagnaChip Semiconductor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MagnaChip. The board's role is to monitor MagnaChip Semiconductor's management team and ensure that shareholders' interests are well served. MagnaChip Semiconductor'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, MagnaChip Semiconductor's outside directors are responsible for providing unbiased perspectives on the board's policies.
Camillo Martino, Non-Executive Independent Chairman of the Board
Bruce Entin, IR Contact Officer
Theodore Kim, Interim Principal Financial Officer, Executive Vice President, Chief Compliance Officer, General Counsel, Secretary
Tavakoli Nader, Independent Director
Randal Klein, Director
Nader Tavakoli, Non-Executive Independent Chairman of the Board
Chan Park, General Manager of Power Solutions
Shinyoung Park, Chief Accounting Officer, Principal Accounting Officer
Woung Lee, Executive Vice President and General Manager of Standard Products Group
SeungHoon Lee, VP Operations
Melvin Keating, Independent Director
Young Woo, Chief Financial Officer
Jk Minh, Chief Planning
SoYeon Jeong, Head Relations
ChanKeun Park, Director PR
Ilbok Lee, Independent Director
KyoHwa Chung, Independent Director
Shin Park, CFO Officer
Michael Elkins, Lead Director
YoungJoon Kim, CEO, General Manager - Display Solutions Division, Director
Gary Tanner, Independent Director
Robert Pursel, Director of Investor Relations
Tae Lee, Executive VP and General Manager of Foundry Services Group
Douglas Norby, Non-Executive Chairman of the Board
Jonathan Kim, Chief Financial Officer, Executive Vice President, Chief Accounting Officer

MagnaChip 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 MagnaChip Semiconductor 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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When determining whether MagnaChip Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MagnaChip Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnachip Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnachip Semiconductor Stock:
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Is MagnaChip Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MagnaChip Semiconductor. If investors know MagnaChip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MagnaChip Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
(0.89)
Revenue Per Share
5.609
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.06)
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.