Nicolas Hirmas - LATAM Airlines Independent Director

Director

Mr. Nicolas Eblen Hirmas serves as Independent Director of LATAM Airlines Group S.A. since April 27, 2017. He also acts as Member of Director committee of the company. currently CEO of Inversiones Andes SpA, a position he holds since 2010. Additionally, he is a member of the board of directors of Marina Tornagaleones S.A Farm, Ro Dulce S.A., Patagonia SeaFarms Inc. and Sociedad Agrcola La Cascada Ltda. He holds a Diploma in industrial from Computing of the Pontificia Universidad Catlica de Chile and a postgraduate in Business Administration from the school of Nusiness of Harvard University. since 2017.
Tenure 7 years
Phone56 22 565 2525
Webhttp://www.latamairlinesgroup.net

LATAM Airlines Management Efficiency

The company has Return on Asset of 0.0104 % which means that on every $100 spent on assets, it made $0.0104 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0636 %, implying that it generated $0.0636 on every 100 dollars invested. LATAM Airlines' management efficiency ratios could be used to measure how well LATAM Airlines manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 10.37 B in debt with debt to equity (D/E) ratio of 3.31, meaning that the company heavily relies on borrowing funds for operations. LATAM Airlines Group has a current ratio of 0.57, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist LATAM Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, LATAM Airlines' 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 LATAM Airlines Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LATAM to invest in growth at high rates of return. When we think about LATAM Airlines' use of debt, we should always consider it together with cash and equity.

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LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, Chile, the Asia Pacific, and rest of Latin America. LATAM Airlines Group S.A. was founded in 1929 and is based in Santiago, Chile. LATAM Airlines operates under Airlines classification in USA and is traded on BATS Exchange. It employs 41729 people. LATAM Airlines Group (LTM) is traded on New York Stock Exchange in USA and employs 41,729 people.

Management Performance

LATAM Airlines Group Leadership Team

Elected by the shareholders, the LATAM Airlines' board of directors comprises two types of representatives: LATAM Airlines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LATAM. The board's role is to monitor LATAM Airlines' management team and ensure that shareholders' interests are well served. LATAM Airlines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LATAM Airlines' outside directors are responsible for providing unbiased perspectives on the board's policies.
Emilio Sota, Senior Vice President of Human Resources
Enrique Plaza, Chief Executive Officer
Nicolas Hirmas, Independent Director
Roberto Milosawlewitsch, Senior Vice President Planning and Network
Sonia Villalobos, Director
Antonio Manso, Director
Patrick Horn, Director
Ignacio Plaza, Chairman of the Board
Hernan Pasman, Vice President - Operations, Maintenance and Fleet
Juan Mencio, Senior Vice President of Legal Affairs and Compliance
Juan Plaza, Director
Henri Reichstul, Director
Eduardo Castellon, Independent Director
Paulo Miranda, Vice President - Customers
Carlos Solari, Vice Chairman of the Board
Ramiro Balza, Chief Financial Officer
Georges Arndt, Independent Director
Claudia Sender, Vice President - Customers
Armando Montes, Senior Commercial Vice President
Giles Agutter, Director

LATAM 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 LATAM Airlines 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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Other Consideration for investing in LATAM Stock

If you are still planning to invest in LATAM Airlines Group 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 LATAM Airlines' history and understand the potential risks before investing.
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