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Sono Tek Corp  (NASDAQ: SOTK)
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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?


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)




Financial Statements
Sono Tek's Equity $ 17 Millions Visit SOTK's Balance sheet
Sono Tek's Total Liabilities $ 7 Millions Visit SOTK's Balance sheet
Source of SOTK's Sales Visit SOTK's Sales by Geography


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 RatioNov 30 2024 MRQ Total LiabilitiesNov 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



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