Sono Tek (SOTK) Debt to Equity (2011 - 2021)
Sono Tek (SOTK) posted quarterly Debt to Equity of $0.09 for Q1 2021, up 26.43% year-over-year from $0.07 in Q1 2020, and down 39.46% on a QoQ basis from $0.15 in Q4 2020.
Sono Tek (SOTK) Debt to Equity (2011 - 2021) Analysis & Trends
Sono Tek (SOTK) has reported Debt to Equity for 11 consecutive years, with $0.09 the latest figure, recorded in Q1 2021.
- In Q1 2021, Debt to Equity rose 26.43% year-over-year to $0.09; the TTM figure through Feb 2021 stood at $0.09 (up 26.43% YoY), while the FY2021 annual figure was $0.09, up 26.43% from the prior year.
- Debt to Equity came in at $0.09 for Q1 2021 at Sono Tek, down from $0.15 in the prior quarter.
- The five-year high for Debt to Equity was $0.17 in Q2 2020, with the low at $0.07 in Q1 2020.
- Average Debt to Equity over 5 years is $0.12, with a median of $0.11 recorded in 2018.
- The largest YoY upside for Debt to Equity was 83.28% in 2020 against a maximum downside of 28.66% in 2020.
- Year by year, Debt to Equity stood at $0.14 in 2017, then declined by 21.7% to $0.11 in 2018, then fell by 22.86% to $0.08 in 2019, then jumped by 83.28% to $0.15 in 2020, then slumped by 39.46% to $0.09 in 2021.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.09, $0.15, and $0.16 for Q1 2021, Q4 2020, and Q3 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 0.30 |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 0.18 |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 0.41 |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 0.23 |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 0.57 |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 0.25 |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | - |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 0.99 |
| 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 | 0.09 |
| Nov 30, 2020 | 0.15 |
| Aug 31, 2020 | 0.16 |
| May 31, 2020 | 0.17 |
| Feb 29, 2020 | 0.07 |
| Nov 30, 2019 | 0.08 |
| Aug 31, 2019 | 0.09 |
| May 31, 2019 | 0.10 |
| Feb 28, 2019 | 0.10 |
| Nov 30, 2018 | 0.11 |
| Aug 31, 2018 | 0.11 |
| May 31, 2018 | 0.12 |
| Feb 28, 2018 | 0.12 |
| Aug 31, 2017 | 0.14 |
| May 31, 2017 | 0.14 |
| Feb 28, 2017 | 0.15 |
| Nov 30, 2016 | 0.16 |
| Aug 31, 2016 | 0.16 |
| May 31, 2016 | 0.16 |
| Feb 29, 2016 | 0.17 |