Keith Merrell - Nu Med CFO, Secretary and Treasurer

NUMD Stock  USD 0.01  0  10.00%   

CFO

Mr. Keith L. Merrell is Chief Financial Officer, Treasurer, Secretary of NUMED Plus, Inc. Mr. Merrell serves as our Chief Financial Officer, Secretary and Treasurer. Mr. Merrell draws on over 35 years of accounting experience to manage our accounting functions and interface with our independent public accountants. He spent two years in the field of public accounting and has served as Chief Financial Officer for four other public companies. He currently serves fulltime as our Chief Financial Officer and also serves as parttime CFO of another public company. His business career includes extensive experience in management, sales and marketing, consulting, and merger and acquisition work. He graduated from Arizona State University with a B.S degree in Accounting. since 2018.
Age 77
Tenure 6 years
Phone801 746 3570
Webhttps://www.nu-medplus.com
Merrell earned a BS in Accounting from Arizona State University.

Nu Med Management Efficiency

The company has return on total asset (ROA) of (6.6198) % which means that it has lost $6.6198 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (545.2325) %, meaning that it created substantial loss on money invested by shareholders. Nu Med's management efficiency ratios could be used to measure how well Nu Med manages its routine affairs as well as how well it operates its assets and liabilities.
Nu Med Plus currently holds 2.06 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Nu Med Plus has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nu Med until it has trouble settling it off, either with new capital or with free cash flow. So, Nu Med'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 Nu Med Plus sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NUMD to invest in growth at high rates of return. When we think about Nu Med's use of debt, we should always consider it together with cash and equity.

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Nu-Med Plus, Inc., a medical device company, engages in the design, development, enhancement, and commercialization of medical devices worldwide. Nu-Med Plus, Inc. was incorporated in 2011 and is headquartered in Salt Lake City, Utah. Nu Med operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 2 people. Nu Med Plus [NUMD] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Nu Med Plus Management Team

Elected by the shareholders, the Nu Med's board of directors comprises two types of representatives: Nu Med inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NUMD. The board's role is to monitor Nu Med's management team and ensure that shareholders' interests are well served. Nu Med'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, Nu Med's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Hayde, CEO Pres
Keith Merrell, CFO, Secretary and Treasurer
Craig MD, Chair Committee

NUMD Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Nu Med 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 Information on Investing in NUMD OTC Stock

Nu Med financial ratios help investors to determine whether NUMD OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NUMD with respect to the benefits of owning Nu Med security.