Ronald Zech - McGrath RentCorp Non-Executive Independent Chairman of the Board

MGRC Stock  USD 106.73  0.07  0.07%   

Chairman

Mr. Ronald Harold Zech serves as a NonExecutive Independent Chairman of the Board of McGrath RentCorporation He was elected a director of the Company in 1989 and elected to the position of nonexecutive Chairman of the Board of Directors in June 2009. He retired in 2005 as Chairman and Chief Executive Officer of GATX Corporationrationration, a NYSE listed company and leading provider of lease financing and related services to customers operating rail, marine, and other targeted assets since 2009.
Age 74
Tenure 15 years
Professional MarksMBA
Address 5700 Las Positas Road, Livermore, CA, United States, 94551-7800
Phone925 606 9200
Webhttps://www.mgrc.com
Zech was elected Chairman of GATX Corporationration in April 1996, Chief Executive Officer in January 1996, and President in July 1994. Prior to that time he had served both as President and Chief Financial Officer of GATX Capital Corporationration and as an officer with a major international bank. He also served on the board of The PMI Group, a former provider of mortgage insurance from 1998 to 2013. His experiences in these senior management and financial roles have included a wide range of activities associated with the management of a public company. Accordingly, he brings to the Board of Directors a valued perspective on many issues faced by the Company. He holds a B.S. in Electrical Engineering from Valparaiso University and an M.B.A. from the University of Wisconsin.

Ronald Zech Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ronald Zech against McGrath RentCorp stock is an integral part of due diligence when investing in McGrath RentCorp. Ronald Zech insider activity provides valuable insight into whether McGrath RentCorp is net buyers or sellers over its current business cycle. Note, McGrath RentCorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell McGrath RentCorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

McGrath RentCorp Management Efficiency

The company has return on total asset (ROA) of 0.0636 % which means that it generated a profit of $0.0636 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1367 %, meaning that it created $0.1367 on every $100 dollars invested by stockholders. McGrath RentCorp's management efficiency ratios could be used to measure how well McGrath RentCorp manages its routine affairs as well as how well it operates its assets and liabilities. At present, McGrath RentCorp's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, McGrath RentCorp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 107.9 M, whereas Net Tangible Assets are forecasted to decline to about 506.2 M.
The company currently holds 762.98 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. McGrath RentCorp has a current ratio of 1.67, which is within standard range for the sector. Debt can assist McGrath RentCorp until it has trouble settling it off, either with new capital or with free cash flow. So, McGrath RentCorp'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 McGrath RentCorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for McGrath to invest in growth at high rates of return. When we think about McGrath RentCorp's use of debt, we should always consider it together with cash and equity.

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McGrath RentCorp operates as a business to business rental company in the United States and internationally. The company was incorporated in 1979 and is headquartered in Livermore, California. McGrath RentCorp operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. It employs 1184 people. McGrath RentCorp (MGRC) is traded on NASDAQ Exchange in USA. It is located in 5700 Las Positas Road, Livermore, CA, United States, 94551-7800 and employs 1,204 people. McGrath RentCorp is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

McGrath RentCorp Leadership Team

Elected by the shareholders, the McGrath RentCorp's board of directors comprises two types of representatives: McGrath RentCorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of McGrath. The board's role is to monitor McGrath RentCorp's management team and ensure that shareholders' interests are well served. McGrath RentCorp'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, McGrath RentCorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Morris Smith, Independent Director
Kristina TreaseWhitney, Senior Development
David Whitney, Vice President Principal Accounting Officer, Corporate Controller
Randle Rose, Chief Admin. Officer, Sr. VP, Compliance Officer and Secretary
Kay Dashner, Vice President - Human Resources
Gilda JD, General VP
Ronald Zech, Non-Executive Independent Chairman of the Board
Stuart Porter, Vice Rentals
Steven Adler, President of Adler Tank Rentals
Keith Pratt, CFO and Sr. VP
Elizabeth Fetter, Director
Tara Wescott, Vice Resources
William Dawson, Independent Director
Dennis Kakures, CEO and President and Director
John Lieffrig, Vice President-Division Manager
Kimberly Box, Director
John Skenesky, Vice President TRS-RenTelco
Bradley Shuster, Director
Kristina VanTrease, Vice President; Division Manager of Mobile Modular Portable Storage
David CPA, Corporate VP
Robert Hood, Independent Director
Melodie Craft, Vice President - Legal Affairs and Risk Management
Joseph Hanna, COO and Sr. VP
Dennis Stradford, Independent Director
Philip Hawkins, VP of Mobile Modular and Division Manager of Mobile Modular

McGrath 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 McGrath RentCorp 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 McGrath RentCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McGrath RentCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcgrath Rentcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcgrath Rentcorp Stock:
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Is McGrath RentCorp'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 McGrath RentCorp. If investors know McGrath 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 McGrath RentCorp 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
(0.68)
Dividend Share
1.87
Earnings Share
5.02
Revenue Per Share
34.946
Quarterly Revenue Growth
0.147
The market value of McGrath RentCorp is measured differently than its book value, which is the value of McGrath that is recorded on the company's balance sheet. Investors also form their own opinion of McGrath RentCorp's value that differs from its market value or its book value, called intrinsic value, which is McGrath RentCorp'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 McGrath RentCorp's market value can be influenced by many factors that don't directly affect McGrath RentCorp'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 McGrath RentCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if McGrath RentCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McGrath RentCorp'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.