Remo Canessa - Zscaler Chief Officer

ZS Stock  USD 172.94  6.10  3.41%   

Executive

Mr. Remo E. Canessa is Chief Financial Officer of the Company. Prior to joining us, he served as chief financial officer of Illumio Inc., a private cybersecurity company, from July 2016 to February 2017. Prior to joining Illumio, from October 2004 to April 2016, Mr. Canessa served as chief financial officer and an advisor to Infoblox Inc., a network control, network automation and domain name system security company. Mr. Canessa is a certified public accountant, and he holds a Bachelor of Arts in economics from the University of California, Berkeley and a MBA from Santa Clara University. Mr. Canessa serves on the board of directors of Aerohive Networks, Inc., a cloudmanaged mobile networking platform provider, where he is chairman of the audit committee and a member of the compensation committee. since 2017.
Age 67
Tenure 7 years
Address 120 Holger Way, San Jose, CA, United States, 95134
Phone408 533 0288
Webhttps://www.zscaler.com

Zscaler Management Efficiency

The company has Return on Asset (ROA) of (0.0332) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0332. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.1865) %, which implies that it produced no returns to current stockholders. Zscaler's management efficiency ratios could be used to measure how well Zscaler manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.05 in 2024. Return On Capital Employed is likely to drop to -0.11 in 2024. At this time, Zscaler's Total Assets are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 728.2 M in 2024, whereas Return On Tangible Assets are likely to drop (0.05) in 2024.
The company reports 1.21 B of total liabilities with total debt to equity ratio (D/E) of 1.82, which is normal for its line of buisiness. Zscaler has a current ratio of 1.95, which is generally considered normal. Debt can assist Zscaler until it has trouble settling it off, either with new capital or with free cash flow. So, Zscaler'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 Zscaler sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zscaler to invest in growth at high rates of return. When we think about Zscaler's use of debt, we should always consider it together with cash and equity.

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Zscaler, Inc. operates as a cloud security company worldwide. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California. Zscaler operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 4975 people. Zscaler (ZS) is traded on NASDAQ Exchange in USA. It is located in 120 Holger Way, San Jose, CA, United States, 95134 and employs 5,962 people. Zscaler is listed under Systems Software category by Fama And French industry classification.

Management Performance

Zscaler Leadership Team

Elected by the shareholders, the Zscaler's board of directors comprises two types of representatives: Zscaler inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zscaler. The board's role is to monitor Zscaler's management team and ensure that shareholders' interests are well served. Zscaler'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, Zscaler's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jay Chaudhry, Chairman of the Board and Presidentident, CEO
Charles Giancarlo, Independent Director
Chris Kozup, Chief Officer
Brendan Castle, Chief Officer
Kailash, Founder Architect
Karen Blasing, Independent Director
Praniti Lakhwara, Chief Officer
Natalia Wodecki, Global Director
Lane Bess, Independent Director
Andrew Brown, Independent Director
Amit Sinha, Executive Vice President - Engineering and Cloud Operations, CTO, Director
Micheline Nijmeh, Chief Marketing Officer
Dali Rajic, Chief Officer
Scott Darling, Independent Director
James Cater, Vice President General Manager for EMEA Region
Syam Nair, CTO Development
Mike Rich, Chief Sales
Kavitha Mariappan, Senior Vice President - Customer Experience and Transformation
Joyce Kim, Chief Officer
Manoj Apte, Chief Strategy Officer
Robert Schlossman, Chief Legal Officer
Nehal Raj, Independent Director
William CFA, Senior Finance
Remo Canessa, Chief Officer
William Welch, COO
Jagtar Chaudhry, Chairman of the Board and Presidentident, CEO

Zscaler 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 Zscaler 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Zscaler is a strong investment it is important to analyze Zscaler's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zscaler's future performance. For an informed investment choice regarding Zscaler Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zscaler. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is Zscaler'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 Zscaler. If investors know Zscaler 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 Zscaler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.95)
Revenue Per Share
12.887
Quarterly Revenue Growth
0.354
Return On Assets
(0.03)
Return On Equity
(0.19)
The market value of Zscaler is measured differently than its book value, which is the value of Zscaler that is recorded on the company's balance sheet. Investors also form their own opinion of Zscaler's value that differs from its market value or its book value, called intrinsic value, which is Zscaler'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 Zscaler's market value can be influenced by many factors that don't directly affect Zscaler'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 Zscaler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zscaler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zscaler'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.