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Transact Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.19 Mil. Transact Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.47 Mil. Transact Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $38.57 Mil. Transact Technologies's debt to equity for the quarter that ended in Mar. 2024 was 0.09.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Transact Technologies's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Transact Technologies was 0.26. The lowest was 0.07. And the median was 0.12.
The historical data trend for Transact Technologies's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Transact Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.12 | 0.19 | 0.07 | 0.14 | 0.10 |
Transact Technologies Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.12 | 0.12 | 0.11 | 0.10 | 0.10 |
For the Computer Hardware subindustry, Transact Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, Transact Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Transact Technologies's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Transact Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (3.179 | + | 0.72) | / | 39.414 | |
= | 0.10 |
Transact Technologies's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (3.191 | + | 0.468) | / | 38.571 | |
= | 0.09 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Transact Technologies (NAS:TACT) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Transact Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
B. Riley Financial, Inc. | 10 percent owner | 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025 |
Audrey Dunning | director | 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066 |
325 Master Fund Lp | director, 10 percent owner | 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017 |
325 Capital Gp, Llc | director, 10 percent owner | 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017 |
Gaurav Bahri | officer: Chief Revenue Officer | 12586 MISTY CREEK LANE, FAIRFAX VA 22033 |
William Defrances | officer: Chief Accounting Officer | |
Bryant R Riley | 10 percent owner | C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367 |
B. Riley Securities, Inc. | 10 percent owner | 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025 |
Bart C Shuldman | director, officer: Chairman and CEO | 6700 PARADISE ROAD, SUITE D, LAS VEGAS NV 89119 |
Raymond J Harbert | 10 percent owner | 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203 |
Kenan Lucas | 10 percent owner | C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203 |
Harbert Fund Advisors, Inc. | 10 percent owner | 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203 |
Harbert Discovery Fund, Lp | 10 percent owner | HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203 |
John F. Bryant | 10 percent owner | C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203 |
Harbert Management Corp | 10 percent owner | 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203 |
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