William Hammett - Rave Restaurant Independent Director

RAVE Stock  USD 2.12  0.05  2.42%   

Director

Mr. William C. Hammett, Jr. is an Independent Director of the Company. Mr. Hammett is retired. From 2010 to 2014, he served as the Chief Executive Officer of iH3, LLC, an integrated wellness and fitness company working with physicians and hospitals targeting chronic illnesses. He was the Chief Financial Officer and Executive Vice President of Pegasus Solutions, Inc., a global provider of reservationsrelated services and technology in the hospitality industry, from 2006 through 2008 since 2007.
Age 71
Tenure 17 years
Address 3551 Plano Parkway, The Colony, TX, United States, 75056
Phone469 384 5000
Webhttps://www.raverg.com
Hammett was the Chief Financial Officer and Senior Vice President for Dave & Buster’s, Inc., an operator of restaurant/entertainment complexes, from 2001 through 2006. From 1997 to 2001, Mr. Hammett was selfemployed in the restaurant industry. From 1992 to 1997, Mr. Hammett was the Chief Financial Officer/Senior Vice President Accounting & Administration for La Quinta Inns, Inc., a national hotel chain. Previously, he was employed by the accounting firm of PriceWaterhouseCoopers. The Board believes that Mr. Hammett should serve as a director of the Company due to his financial and management background and his experience in the restaurant, entertainment and hospitality industries.

Rave Restaurant Management Efficiency

The company has return on total asset (ROA) of 0.1067 % which means that it generated a profit of $0.1067 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1863 %, meaning that it created $0.1863 on every $100 dollars invested by stockholders. Rave Restaurant's management efficiency ratios could be used to measure how well Rave Restaurant manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.07. In addition to that, Return On Capital Employed is expected to decline to 0.13. At present, Rave Restaurant's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 6.4 M, whereas Other Current Assets are forecasted to decline to about 174.4 K.
The company currently holds 1.42 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Rave Restaurant Group has a current ratio of 3.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Rave Restaurant until it has trouble settling it off, either with new capital or with free cash flow. So, Rave Restaurant'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 Rave Restaurant Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rave to invest in growth at high rates of return. When we think about Rave Restaurant's use of debt, we should always consider it together with cash and equity.

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Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, deliverycarry-out , and express restaurants under the Pizza Inn trademark in the United States and internationally. Rave Restaurant Group, Inc. was founded in 1958 and is based in The Colony, Texas. Rave Restaurant operates under Restaurants classification in the United States and is traded on NASDAQ Exchange. It employs 24 people. Rave Restaurant Group (RAVE) is traded on NASDAQ Exchange in USA. It is located in 3551 Plano Parkway, The Colony, TX, United States, 75056 and employs 25 people. Rave Restaurant is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Rave Restaurant Group Leadership Team

Elected by the shareholders, the Rave Restaurant's board of directors comprises two types of representatives: Rave Restaurant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rave. The board's role is to monitor Rave Restaurant's management team and ensure that shareholders' interests are well served. Rave Restaurant'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, Rave Restaurant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Bares, Director
Lisa Schlepp, Director Resources
Robert Bafundo, President
Mark Schwarz, Independent Chairman of the Board
Randall Gier, CEO and President and Chief Eating Officer
William Hammett, Independent Director
Michael Burns, Ex COO
Ramon Phillips, Independent Director
Robert Page, Independent Director
Deborah Lanning, Assistant Controller
Christina Coy, VP Co
Steven Johnson, Independent Director
Clinton Fendley, Chief Officer
Jay Rooney, Chief Officer
Timothy Mullany, CFO and Principal Accounting Officer
Clinton Coleman, Director
Flynn Dekker, Chief Marketing Officer
Scott Crane, President CEO
Brandon Solano, CEO President
Scott Black, VP Five
Zack Viljoen, VP Five
Andrea Allen, Chief Accounting and Administrative Officer

Rave 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 Rave Restaurant 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 Rave Restaurant 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, Rave Restaurant's short interest history, or implied volatility extrapolated from Rave Restaurant options trading.

Currently Active Assets on Macroaxis

When determining whether Rave Restaurant Group is a strong investment it is important to analyze Rave Restaurant'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 Rave Restaurant's future performance. For an informed investment choice regarding Rave Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rave Restaurant Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
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When running Rave Restaurant's price analysis, check to measure Rave Restaurant's 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 Rave Restaurant is operating at the current time. Most of Rave Restaurant's value examination focuses on studying past and present price action to predict the probability of Rave Restaurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rave Restaurant's price. Additionally, you may evaluate how the addition of Rave Restaurant to your portfolios can decrease your overall portfolio volatility.
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Is Rave Restaurant'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 Rave Restaurant. If investors know Rave 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 Rave Restaurant 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
0.914
Earnings Share
0.13
Revenue Per Share
0.836
Quarterly Revenue Growth
(0.03)
Return On Assets
0.1067
The market value of Rave Restaurant Group is measured differently than its book value, which is the value of Rave that is recorded on the company's balance sheet. Investors also form their own opinion of Rave Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Rave Restaurant'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 Rave Restaurant's market value can be influenced by many factors that don't directly affect Rave Restaurant'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 Rave Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rave Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rave Restaurant'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.