Sono Tek (SOTK) Debt Ratio (2011 - 2021)

Sono Tek (SOTK) posted quarterly Debt Ratio of 0.06 for Q1 2021, up 27.05% year-over-year from 0.05 in Q1 2020, and down 35.22% on a QoQ basis from 0.09 in Q4 2020.

Sono Tek (SOTK) Debt Ratio (2011 - 2021) Analysis & Trends

Sono Tek (SOTK) has reported Debt Ratio for 11 consecutive years, with 0.06 the latest figure, recorded in Q1 2021.

  • In Q1 2021, Debt Ratio rose 27.05% year-over-year to 0.06; the TTM figure through Feb 2021 stood at 0.06 (up 27.05% YoY), while the FY2021 annual figure was 0.06, up 27.05% from the prior year.
  • Debt Ratio came in at 0.06 for Q1 2021 at Sono Tek, down from 0.09 in the prior quarter.
  • The five-year high for Debt Ratio was 0.11 in Q1 2017, with the low at 0.05 in Q1 2020.
  • Average Debt Ratio over 5 years is 0.08, with a median of 0.08 recorded in 2018.
  • Across the five-year window, Debt Ratio slumped 80.44% in 2017 and surged 78.45% in 2020, its largest moves.
  • Year by year, Debt Ratio stood at 0.1 in 2017, then dropped by 21.93% to 0.07 in 2018, then retreated by 27.42% to 0.05 in 2019, then jumped by 74.37% to 0.09 in 2020, then slumped by 35.22% to 0.06 in 2021.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.06, 0.09, and 0.11 for Q1 2021, Q4 2020, and Q3 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 0.18
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 0.13
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 0.22
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 0.16
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 0.30
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 0.16
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 0.42
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn -
10 Sono Tek 92.43 Mn 77.62 Mn 2.79 Mn -

Historic Data

Download Data
DateValue
Feb 28, 2021 0.06
Nov 30, 2020 0.09
Aug 31, 2020 0.11
May 31, 2020 0.11
Feb 29, 2020 0.05
Nov 30, 2019 0.05
Aug 31, 2019 0.06
May 31, 2019 0.06
Feb 28, 2019 0.07
Nov 30, 2018 0.07
Aug 31, 2018 0.08
May 31, 2018 0.09
Feb 28, 2018 0.09
Aug 31, 2017 0.10
May 31, 2017 0.10
Feb 28, 2017 0.11
Nov 30, 2016 0.11
Aug 31, 2016 0.15
May 31, 2016 0.53
Feb 29, 2016 0.12