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| Date | Value |
|---|---|
| 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 |