Glenn Corlett - Rocky Brands Independent Director

RCKY Stock  USD 26.49  0.09  0.34%   

Director

Mr. Glenn E. Corlett, Esq., is Independent Director of Rocky Brands Inc., since 2000. He was a professor of accounting of the College of Business at Ohio University, Athens, Ohio, from July 1997 until July 2009, and was Dean of the College from July 1997 until he retired on June 30, 2007. From 1993 to 1996, Mr. Corlett was Executive Vice President and Chief Operating Officer of N.W. Ayer Partners, an international advertising agency, headquartered in New York, New York. Mr. Corlett also served as Chief Financial Officer of N.W. Ayer Partners from 1990 to 1995. Prior to joining N.W. Ayer Partners, Mr. Corlett had a long history with PricewaterhouseCoopers where he was partnerincharge for mergers and acquisitions in New York from 1988 to 1990 tax partnerincharge in Denver from 1984 to 1988 and in Cleveland from 1979 to 1984 and held partner and staff positions from 1971 to 1979. Mr. Corlett also serves on the board of directors of Preformed Line Products Company, an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies. Mr. Corletts education and business management experience in the areas of marketing, finance, treasury, accounting, and tax, including the skills and knowledge he developed as an accounting practitioner and educator, qualify him to continue serving as a member of the Board of Directors. since 2000.
Age 73
Tenure 24 years
Address 39 East Canal Street, Nelsonville, OH, United States, 45764
Phone740 753 1951
Webhttps://www.rockybrands.com

Rocky Brands Management Efficiency

The company has return on total asset (ROA) of 0.0467 % which means that it generated a profit of $0.0467 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0475 %, meaning that it created $0.0475 on every $100 dollars invested by stockholders. Rocky Brands' management efficiency ratios could be used to measure how well Rocky Brands manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Rocky Brands' Return On Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.06 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. At this time, Rocky Brands' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 244.3 M in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (99 M).
The company currently holds 181.22 M in liabilities with Debt to Equity (D/E) ratio of 1.43, which is about average as compared to similar companies. Rocky Brands has a current ratio of 2.51, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Rocky Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Rocky Brands' 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 Rocky Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rocky to invest in growth at high rates of return. When we think about Rocky Brands' use of debt, we should always consider it together with cash and equity.

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Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio. Rocky Brands operates under Footwear Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people. Rocky Brands (RCKY) is traded on NASDAQ Exchange in USA. It is located in 39 East Canal Street, Nelsonville, OH, United States, 45764 and employs 2,060 people. Rocky Brands is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification.

Management Performance

Rocky Brands Leadership Team

Elected by the shareholders, the Rocky Brands' board of directors comprises two types of representatives: Rocky Brands inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rocky. The board's role is to monitor Rocky Brands' management team and ensure that shareholders' interests are well served. Rocky Brands' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rocky Brands' outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Adam, President - International Sales
Thomas Robertson, CFO
Thomas CPA, COO CFO
Mark Dean, VP Division
Richard Simms, President of Marketing Services
Gene Haning, Independent Director
James McDonald, CFO, Executive VP and Treasurer
Jason Brooks, President - Wholesale Sales, U.S.
Mike Staude, Interim CFO
Byron Wortham, Marketing Sales
Scott Jenkins, VP Devel
Curtis Loveland, Secretary, Director
Michael Finn, Independent Director
James Stewart, Independent Director
CPA CPA, CFO, VP
G Haning, Independent Director
Curtis Esq, Assistant Director
Mary Lorenz, VP Improvement
Jeff Stern, VP Lehigh
Jeremy Siegfried, Secretary
Harley Rouda, Independent Director
Robert Moore, Director
William Jordan, Director
David Sharp, CEO and President and Director
Glenn Corlett, Independent Director
Mike Brooks, Executive Chairman

Rocky 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 Rocky Brands 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

When determining whether Rocky Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocky Brands' 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 Rocky Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocky Brands Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.
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When running Rocky Brands' price analysis, check to measure Rocky Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocky Brands is operating at the current time. Most of Rocky Brands' value examination focuses on studying past and present price action to predict the probability of Rocky Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Brands' price. Additionally, you may evaluate how the addition of Rocky Brands to your portfolios can decrease your overall portfolio volatility.
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Is Rocky Brands' 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 Rocky Brands. If investors know Rocky 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 Rocky Brands 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
0.021
Dividend Share
0.62
Earnings Share
1.41
Revenue Per Share
62.723
Quarterly Revenue Growth
(0.09)
The market value of Rocky Brands is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Brands' value that differs from its market value or its book value, called intrinsic value, which is Rocky Brands' 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 Rocky Brands' market value can be influenced by many factors that don't directly affect Rocky Brands' 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 Rocky Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Brands' 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.