BK Technologies (BK Technologies) Cash-to-Debt

: 0.42 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. BK Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.42.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, BK Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for BK Technologies's Cash-to-Debt or its related term are showing as below:

BKTI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 5001.05 Max: No Debt
Current: 0.42

During the past 13 years, BK Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 5001.05.

BKTI's Cash-to-Debt is ranked worse than
76.81% of 2471 companies
in the Hardware industry
Industry Median: 1.38 vs BKTI: 0.42

BK Technologies Cash-to-Debt Historical Data

The historical data trend for BK Technologies's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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BK Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.38

1.92

2.09

0.22

0.42

BK Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.30	0.31	0.48	0.42

Competitive Comparison

For the Communication Equipment subindustry, BK Technologies's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

BK Technologies Cash-to-Debt Distribution

For the Hardware industry and Technology sector, BK Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BK Technologies's Cash-to-Debt falls into.

BK Technologies Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

BK Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.456	/	(7.072	+	1.26)
	=	0.41

BK Technologies's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.456	/	(7.072	+	1.26)
	=	0.41

BK Technologies (AMEX:BKTI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

BK Technologies Cash-to-Debt Related Terms

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BK Technologies (BK Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BK Technologies Corp (AMEX:BKTI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7100 Technology Drive, West Melbourne, FL, USA, 32904

Website

https://www.bktechnologies.com

BK Technologies Corp designs, manufactures, markets wireless communication products. The company has divided its products into business and industrial analog, portables, mobiles, base stations, and repeaters. Its product portfolio consists of two-way land mobile radios, handheld radios, radios installed in vehicles. Its products are sold in the government and public safety market and business and industrial market.

Executives

Scott A. Malmanger	officer: CFO and Secretary	13506 SUMMERPORT PKWY #160, WINDERMERE FL 34786
E. Gray Payne	director	C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
John M Suzuki	director, officer: CEO	7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Gp, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Robert Joseph Jackson	director	743 JETTON STREET, DAVIDSON NC 28036
Bk Technologies Holdings, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Lloyd Roberts Sams	director	10849 FLOWERSTONE STREET, OAKTON VA 22124
Michael C Mitchell	director	C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Fundamental Global Investors, Llc	10 percent owner	136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Joseph H Moglia	10 percent owner	AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Lewis M Johnson	10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Kyle Cerminara	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Branko Avanic	officer: Chief Technology Officer	C/O BK TECHNOLOGIES CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Randy Willis	officer: Chief Operating Officer	C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
James R. Holthaus	officer: Chief Technology Officer	C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904