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SoundThinking (SoundThinking) Debt-to-Equity : 0.13 (As of Dec. 2023)


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What is SoundThinking Debt-to-Equity?

SoundThinking's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.96 Mil. SoundThinking's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.54 Mil. SoundThinking's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $74.76 Mil. SoundThinking's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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 SoundThinking's Debt-to-Equity or its related term are showing as below:

SSTI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.2   Med: 0.03   Max: 0.13
Current: 0.13

During the past 9 years, the highest Debt-to-Equity Ratio of SoundThinking was 0.13. The lowest was -0.20. And the median was 0.03.

SSTI's Debt-to-Equity is ranked better than
60.13% of 2225 companies
in the Software industry
Industry Median: 0.21 vs SSTI: 0.13

SoundThinking Debt-to-Equity Historical Data

The historical data trend for SoundThinking'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.

* Premium members only.

SoundThinking Debt-to-Equity Chart

SoundThinking Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.02 0.03 0.07 0.06 0.13

SoundThinking Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 0.05 0.14 0.13

Competitive Comparison of SoundThinking's Debt-to-Equity

For the Software - Application subindustry, SoundThinking'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.


SoundThinking's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, SoundThinking's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SoundThinking's Debt-to-Equity falls into.



SoundThinking Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SoundThinking's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

SoundThinking's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


SoundThinking  (NAS:SSTI) 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.


SoundThinking Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SoundThinking's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


SoundThinking (SoundThinking) Business Description

Traded in Other Exchanges
Address
39300 Civic Center Drive, Suite 300, Fremont, CA, USA, 94538
SoundThinking Inc is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. Its flagship SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system, CrimeTracer, the foremost law enforcement search engine, CaseBuilder, a one-stop investigation management system, and ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact.
Executives
Gary T Bunyard officer: Sr. VP Public Safety Solutions 14775 GOLD LEAF COURT, DRAPER UT 84020
Nasim Golzadeh officer: SVP Customer Support C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., SUITE 210, NEWARK CA 94560
Ralph A. Clark director, officer: President and CEO C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Deborah A. Elam director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Alan R. Stewart officer: Chief Financial Officer C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Regan Davis officer: SVP Cust Succs & Field Eng C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Paul S. Ames officer: Sr. VP Products and Technology C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Robert Samuel Klepper officer: SVP Marketing and Products C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Randall Hawks director, 10 percent owner 300 FRANK H. OGAWA PLAZA, #350, OAKLAND CA 94612
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Roberta S. Jacobson director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Joseph O. Hawkins officer: Sr. VP, Operations C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Pascal Levensohn director CHEMIN DU CONNETABLE 8, COLOGNY, GENEVA V8 1223
Thomas T. Groos director, 10 percent owner C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Gary M Lauder 10 percent owner 14600 WINCHESTER BLVD, LOS GATOS CA 95030