John McNiff - Steel Partners Independent Director of the General Partner

SPLP Stock  USD 40.00  0.60  1.52%   

Director

Mr. John P. McNiff is Independent Director of Steel Partners Holdings GP Inc., the General Partner of Steel Partners Holdings L.P., since July 15, 2009. Mr. McNiff was a member of the Board since July 15, 2009. He was chairman of Discovery Capital Management, LLC, a multistrategy hedge fund, since 2004. Mr. McNiff has served as a director of ICM Insurance, a New York corporation, since 1999. In 1993, Mr. McNiff cofounded Longwood Investment Advisors, Inc., a Pennsylvania corporation, and served as President from 1993 until 2005. In 1991, Mr. McNiff also cofounded Radnor Holdings Corporationrationration, a diversified chemical manufacturer, and served as its Senior Vice President, from 1991 until 2004. From 1988 until 1991, Mr. McNiff served as Vice President of Corporationrationrate Development of Airgas, a publicly traded New York Stock Exchange company. From 1986 until 1988, Mr. McNiff was an associate at the law firm of Davis Polk Wardwell since 2009.
Age 59
Tenure 15 years
Address 590 Madison Avenue, New York, NY, United States, 10022
Phone212 520 2300
Webhttps://www.steelpartners.com
McNiff has served on the boards of Colonial Penn Insurance Company, Lincoln Mortgage Company, Chartwell Investment Partners, Radnor Holdings Corporationrationrationration, Insurance Capital Management, Cooke & Bieler, and Alliance Healthcare. He holds a B.A. from Yale University and a J.D. from New York University School of Law.

Steel Partners Management Efficiency

The company has return on total asset (ROA) of 0.0278 % which means that it generated a profit of $0.0278 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1801 %, meaning that it created $0.1801 on every $100 dollars invested by stockholders. Steel Partners' management efficiency ratios could be used to measure how well Steel Partners manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/20/2024, Return On Equity is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.02. At this time, Steel Partners' Total Current Liabilities is relatively stable compared to the past year. As of 05/20/2024, Non Current Liabilities Total is likely to grow to about 996.8 M, while Liabilities And Stockholders Equity is likely to drop slightly above 2.1 B.
The company currently holds 445.64 M in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. Steel Partners Holdings has a current ratio of 1.23, suggesting that it may have difficulties to pay its financial obligations when due. Debt can assist Steel Partners until it has trouble settling it off, either with new capital or with free cash flow. So, Steel Partners' 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 Steel Partners Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Steel to invest in growth at high rates of return. When we think about Steel Partners' use of debt, we should always consider it together with cash and equity.

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Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. Steel Partners operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 4500 people. Steel Partners Holdings (SPLP) is traded on New York Stock Exchange in USA. It is located in 590 Madison Avenue, New York, NY, United States, 10022 and employs 5,100 people. Steel Partners is listed under Industrial Conglomerates category by Fama And French industry classification.

Management Performance

Steel Partners Holdings Leadership Team

Elected by the shareholders, the Steel Partners' board of directors comprises two types of representatives: Steel Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steel. The board's role is to monitor Steel Partners' management team and ensure that shareholders' interests are well served. Steel Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Steel Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
John McNiff, Independent Director of the General Partner
Douglas Woodworth, CFO, Senior Vice President of the General Partner
Gordon Walker, Senior Vice President
Rory Yanchek, President of MTI
Richard Neal, Independent Director of the General Partner
Ryan OHerrin, Chief Officer
Joseph Martin, Chief Officer
Stephanie Mckinney, Chief Human Resource Officer
Peter Marciniak, VP HR
Jason Wong, Chief Financial Officer
Maria Reda, Assistant Inc
Jack Howard, President of Steel Partners Holdings GP Inc and Director of Steel Partners Holdings GP Inc
Lon Rosen, Independent Director of the General Partner
Warren Lichtenstein, Executive Chairman of Steel Partners Holdings GP Inc and CEO of Steel Partners Holdings GP Inc
Gary Tankard, Chief Inc
James Benenson, Independent Director of the General Partner
Eric Karros, Independent Director of the General Partner
Rory Tahari, Independent Director of the General Partner
Rich Ballenger, President of Lucas-Milhaupt

Steel 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 Steel Partners 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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When determining whether Steel Partners Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Steel Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Steel Partners Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Steel Partners Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Partners Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.
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Is Steel Partners' 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 Steel Partners. If investors know Steel 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 Steel Partners 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
0.377
Earnings Share
6.84
Revenue Per Share
91.328
Quarterly Revenue Growth
0.07
Return On Assets
0.0278
The market value of Steel Partners Holdings is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Partners' value that differs from its market value or its book value, called intrinsic value, which is Steel Partners' 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 Steel Partners' market value can be influenced by many factors that don't directly affect Steel Partners' 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 Steel Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Partners' 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.