|
|
Sono Tek Corp (NASDAQ: SOTK) |
|
|
|
Sono Tek's Leverage Ratio
SOTK's quarterly Leverage Ratio and Total Liabilities, Equity growth
Due to net new borrowings of 18.19%, Leverage Ratio fell to 0.4, below the Sono Tek's average Leverage Ratio.
Within Industrial Machinery and Components industry in the third quarter 2024 only one company has achieved lower Leverage Ratio than Sono Tek during the third quarter 2024. While Leverage Ratio total ranking has deteriorated compared to the second quarter 2024 from 13 to 21 .
Explain Leverage Ratio?
How much Total Liabilitiess SOTK´s has?
Select the Comparisons :
|
|
Select the Ratio:
|
|
SOTK Leverage Ratio |
(Nov 30 2024) Q3 |
(Aug 31 2024) Q2 |
(May 31 2024) Q1 |
(Feb 29 2024) Q4 |
(Nov 30 2023) Q3 |
Y / Y Equity Change |
8.31 % |
11.25 % |
13.09 % |
11.24 % |
10.9 % |
Y / Y Total Liabilities Change |
99.72 % |
100.47 % |
11.78 % |
23.69 % |
-30.5 % |
Leverage Ratio MRQ |
0.4 |
0.34 |
0.41 |
0.42 |
0.22 |
SOTK's Total
Ranking |
# 21 |
# 13 |
# 31 |
# 541 |
# 365 |
Seq. Equity Change |
2.07 % |
2.3 % |
2.37 % |
1.32 % |
4.85 % |
Seq. Total Liabilities Change |
18.19 % |
-14.83 % |
0.54 % |
97.35 % |
18.63 % |
Leverage Ratio third quarter 2024 Company Ranking |
Within: |
No. |
Industrial Machinery and Components Industry |
# 2 |
Capital Goods Sector |
# 3 |
Overall Market |
# 21 |
Leverage Ratio Statistics |
High |
Average |
Low |
0.63 |
0.44 |
0.19 |
(Feb 29 2012) |
|
(Aug 31 2023) |
Cumulative Sono Tek's Leverage Ratio
SOTK's Leverage Ratio for the trailling 12 Months
SOTK Leverage Ratio |
(Nov 30 2024) 12 Months |
(Aug 31 2024) 12 Months |
(May 31 2024) 12 Months |
(Feb 29 2024) 12 Months |
(Nov 30 2023) 12 Months |
Y / Y Equity TTM Growth |
8.31 % |
11.25 % |
13.09 % |
11.24 % |
10.9 % |
Y / Y Total Liabilities TTM Growth |
99.72 % |
100.47 % |
11.78 % |
23.69 % |
-30.5 % |
Leverage Ratio TTM |
0.39 |
0.35 |
0.31 |
0.31 |
0.3 |
Total
Ranking TTM |
# 20
| # 723
| # 777
| # 792
| # 847
|
Seq. Equity TTM Growth |
2.07 % |
2.3 % |
2.37 % |
1.32 % |
4.85 % |
Seq. Total Liabilities TTM Growth |
18.19 % |
-14.83 % |
0.54 % |
97.35 % |
18.63 % |
On the trailing twelve months basis Due to the net new borrowings of 18.19% during the trailing twelve months finishing in the Q3 2024, cumulativeLeverage Ratio improved to 0.39, below the Sono Tek's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Industrial Machinery and Components industry SOTK recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the Q3 2024, compared to the prior period, from 1 to 0.
Explain Leverage Ratio?
How much Total Liabilitiess SOTK´s has?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Industrial Machinery and Components Industry |
# |
Capital Goods Sector |
# |
Within the Market |
# 21 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
0.56 |
0.43 |
0.32 | (March 31, 2014) |
|
(Nov 30 2022) |
Companies with similar Leverage Ratio in the quarter ending Nov 30 2024, within Industrial Machinery and Components Industry | Leverage Ratio | Nov 30 2024 MRQ Total Liabilities | Nov 30 2024 MRQ Equity | Enerpac Tool Group Corp | 0.93 | $ 371.231 Millions | $ 398.009 Millions | Greystone Logistics Inc | 0.70 | $ 16.667 Millions | $ 23.823 Millions | Lindsay Corporation | 0.58 | $ 282.542 Millions | $ 488.459 Millions | Sono Tek Corp | 0.40 | $ 6.936 Millions | $ 17.401 Millions | Taylor Devices Inc | 0.13 | $ 7.063 Millions | $ 55.799 Millions |
|
Date modified: 2025-01-13T17:57:14+00:00
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2025 CSIMarket, Inc. All rights
reserved.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com