Richard Peterson - Novan CFO

NOVNDelisted Stock  USD 0.03  0.01  33.46%   

CFO

Mr. Richard D. Peterson is a Chief Financial Officer of the Company. He has served as our Chief Financial Officer since September 2015. Prior to joining Novan, Mr. Peterson was the Chief Financial Officer of Medicis Pharmaceutical Corporation from 2008 to 2012 and from 1995 to 2012, he served as Senior Vice President. He currently serves as a member of the board of directors of Universal Insurance Holdings, Incorporated. since 2015.
Age 47
Tenure 9 years
Phone919 485 8080
Webhttps://www.novan.com

Novan Management Efficiency

The company has return on total asset (ROA) of (0.2584) % which means that it has lost $0.2584 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (20.9889) %, meaning that it created substantial loss on money invested by shareholders. Novan's management efficiency ratios could be used to measure how well Novan manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 3.93 M in liabilities with Debt to Equity (D/E) ratio of 4.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Novan Inc has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Novan until it has trouble settling it off, either with new capital or with free cash flow. So, Novan'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 Novan Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novan to invest in growth at high rates of return. When we think about Novan's use of debt, we should always consider it together with cash and equity.

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Novan, Inc., a medical dermatology company, focuses on researching, developing, and commercializing therapeutic products for skin diseases. Novan, Inc. was incorporated in 2006 and is headquartered in Durham, North Carolina. Novan operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 29 people. Novan Inc (NOVN) is traded on NASDAQ Exchange in USA and employs 90 people.

Management Performance

Novan Inc Leadership Team

Elected by the shareholders, the Novan's board of directors comprises two types of representatives: Novan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novan. The board's role is to monitor Novan's management team and ensure that shareholders' interests are well served. Novan'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, Novan's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Palmour, Independent Director
Paula MPH, CEO Pres
Paula Stafford, Chief Development Officer
Robert Ingram, Independent Chairman of the Board
Carri Geer, Senior Vice President and CTO
JD BS, VP RD
Machelle Sanders, Director
Richard Peterson, CFO
Stanley Hollenbach, Senior Vice President - Research and Development
Geer, Independent Director
John Gay, Principal Financial Officer, Secretary
Andrew Novak, Vice President Chief Accounting Officer and Principal Accounting Officer
MBA MD, Chief Officer
Robert Keegan, Independent Director
William Hodges, Interim CFO, Princiapl Financial Officer, Principal Accounting Officer
Sean Murphy, Independent Director
Kelly Martin, Independent Director
Nathan Stasko, President CEO, Director
Jeff Hunter, Vice President - Technical Operations
Cole Ikkala, Communications Relations
John Donofrio, COO VP
Eugene Sun, Director
Joyce Rico, Chief Medical Officer
Elizabeth Messersmith, Chief Development Officer
G Martin, Interim CEO, Director
Brian Johnson, Chief Commercial Officer
John CPA, CFO Sec

Novan 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 Novan 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Novan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Novan's short interest history, or implied volatility extrapolated from Novan options trading.

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Other Consideration for investing in Novan Stock

If you are still planning to invest in Novan Inc 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 Novan's history and understand the potential risks before investing.
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