BK Technologies (BK Technologies) Debt-to-Equity

: 0.39 (As of Dec. 2023)

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BK Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.07 Mil. BK Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.26 Mil. BK Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21.31 Mil. BK Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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

BKTI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.16 Max: 0.43
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of BK Technologies was 0.43. The lowest was 0.15. And the median was 0.16.

BKTI's Debt-to-Equity is ranked worse than
58.98% of 2194 companies
in the Hardware industry
Industry Median: 0.28 vs BKTI: 0.39

BK Technologies Debt-to-Equity Historical Data

The historical data trend for BK 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.

* Premium members only.

BK Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.16

0.43

0.39

BK Technologies 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																0.43	0.50	0.49	0.46	0.39

Competitive Comparison

For the Communication Equipment subindustry, BK 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.

BK Technologies Debt-to-Equity Distribution

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

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

BK Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BK 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
	=	(7.072	+	1.26)	/	21.311
	=	0.39

BK Technologies's Debt to Equity Ratio for the quarter 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
	=	(7.072	+	1.26)	/	21.311
	=	0.39

BK Technologies (AMEX:BKTI) 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.

BK Technologies Debt-to-Equity Related Terms

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

BK Technologies (BK Technologies) Business Description

Industry

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

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