Thomas Mika - Rennova Health Chairman of the Board

RNVADelisted Stock  USD 0.0001  0.00  0.00%   

Chairman

Mr. Thomas R. Mika is Chairman of the Board of CollabRx Inc. In addition he holds the positions of Acting Chief Financial Officer and Secretary. His previous service with Tegal was as Executive Vice President and Chief Financial Officer and as member of the Board of Directors from 1992 to 2002 since 2015.
Age 63
Tenure 9 years
Professional MarksMBA
Phone561 855 1626
Webhttps://www.rennovahealth.com
Mika began his association with Tegal in 1990, when he served as consultant to Nazem & Company, a venture firm that acquired the company from Motorola. Previously, Mika cofounded IMTEC, a boutique investment firm whose areas of focus included health care, pharmaceuticals, media and information technology. Earlier in his career, Mika was a managing consultant with Cresap, McCormick & Paget and a policy analyst for the National Science Foundation, where he was a member of the initial threeperson team that developed and published the landmark Science Indicators, the biennial report of the National Science Board to the President of the United States. Thomas R. Mika holds a BS degree in Microbiology from the University of Illinois at UrbanaChampaign and a MBA degree from the Harvard Graduate School of Business.

Rennova Health Management Efficiency

The company has return on total asset (ROA) of (0.0862) % which means that it has lost $0.0862 on every $100 spent on assets. This is way below average. Rennova Health's management efficiency ratios could be used to measure how well Rennova Health manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 15.17 M in liabilities with Debt to Equity (D/E) ratio of 0.81, which is about average as compared to similar companies. Rennova Health has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Rennova Health until it has trouble settling it off, either with new capital or with free cash flow. So, Rennova Health'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 Rennova Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rennova to invest in growth at high rates of return. When we think about Rennova Health's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 5 records

CHAIRMAN Age

Rowena MajiedtStandard Biotools
N/A
Malcolm BrandonGenetic Technologies
65
Francois MichelonENDRA Life Sciences
58
Timothy MDFonar
60
Raymond DamadianFonar
81
Rennova Health, Inc., together with its subsidiaries, provides health care services in the United States. The company was founded in 2005 and is based in West Palm Beach, Florida. Rennova Health operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 57 people. Rennova Health [RNVA] is a Pink Sheet which is traded between brokers as part of OTC trading. Rennova Health is listed under Healthcare category by Fama And French industry classification.

Management Performance

Rennova Health Leadership Team

Elected by the shareholders, the Rennova Health's board of directors comprises two types of representatives: Rennova Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rennova. The board's role is to monitor Rennova Health's management team and ensure that shareholders' interests are well served. Rennova Health'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, Rennova Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Mika, Chairman of the Board
Christopher Diamantis, Director
Jonathan Immordino, CFO
Michael Goldberg, Director
Seamus Lagan, CEO and President and Director
Jason Adams, CFO
Michael Pollack, Interim CFO
Marlen McLennan, CFO, Vice President - Finance
Marlene McLennan, CFO, Vice President - Finance
Karen Taylor, Director HR
Paul Billings, Director
Sebastien Sainsbury, CEO of Platinum Financial Solutions Ltd
Jeffrey Wadman, Controller, Treasurer
Gary Blum, Independent Director
Benjamin Frank, Director
Kristi Dymond, Treasurer
James Karis, Director
John Beach, Director
Robert Lee, Director
Tiffany VanDeMark, Marketing Director

Rennova Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Rennova Health 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 Rennova Health 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, Rennova Health's short interest history, or implied volatility extrapolated from Rennova Health options trading.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios. 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.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in Rennova Pink Sheet

If you are still planning to invest in Rennova Health 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 Rennova Health's history and understand the potential risks before investing.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance