Rekor Systems (Rekor Systems) Debt-to-Equity

: 1.27 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Rekor Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.88 Mil. Rekor Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $39.44 Mil. Rekor Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $33.37 Mil. Rekor Systems's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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

REKR' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.41 Med: 0.26 Max: 1.27
Current: 1.27

During the past 8 years, the highest Debt-to-Equity Ratio of Rekor Systems was 1.27. The lowest was -6.41. And the median was 0.26.

REKR's Debt-to-Equity is ranked worse than
88.97% of 2222 companies
in the Software industry
Industry Median: 0.21 vs REKR: 1.27

Rekor Systems Debt-to-Equity Historical Data

The historical data trend for Rekor Systems'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.

Rekor Systems Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-6.41

0.08

0.11

0.40

1.27

Rekor Systems 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																0.40	0.48	0.63	0.63	1.27

Competitive Comparison

For the Software - Infrastructure subindustry, Rekor Systems'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.

Rekor Systems Debt-to-Equity Distribution

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

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

Rekor Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rekor Systems'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
	=	(2.883	+	39.444)	/	33.37
	=	1.27

Rekor Systems'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
	=	(2.883	+	39.444)	/	33.37
	=	1.27

Rekor Systems (NAS:REKR) 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.

Rekor Systems Debt-to-Equity Related Terms

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

Rekor Systems (Rekor Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rekor Systems Inc (NAS:REKR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

38E:Germany

Address

6721 Columbia Gateway Drive, Suite 400, Columbia, MD, USA, 21046

Website

https://www.rekor.ai

Rekor Systems Inc is a United States-based company. It is engaged in providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. Its machine learning software can turn most IP cameras into accurate vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics. Its geographical segments are the United States, Canada, and Others, of which the majority of its revenue comes from the United States.

Executives

Timothy J Davenport	director	C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Sanjay E Sarma	director	C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Robert Alan Berman	director, 10 percent owner, officer: Chief Executive Officer	C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Arctis Global Llc	10 percent owner	AM TOWERS, 207 CALLE DEL PARQUE, 7TH FLOOR, SAN JUAN PR 00912-3242
Debra Shakerdge-hennessy	officer: Chief People Officer	C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
David Philip Desharnais	officer: President	C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Eyal Hen	officer: CFO	REKOR SYSTEMS, INC., 14420 ALBERMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Glenn S Goord	director	NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Matthew Anthony Hill	officer: Chief Science Officer	324 ANNISON DRIVE, COMMERCE TOWNSHIP MI 48382
Rodney Hillman	officer: COO	3201 GLOUCHESTER DRIVE, FALLSTON MD 21047
Christopher Kadoch	officer: Chief Technology Officer	C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Noam Shai Maital	officer: CEO, Waycare Technologies Ltd.	13535 VENTURA BLVD, SUITE C 410, SHERMAN OAKS CA 91423
Michael David Dunbar	officer: Chief Revenue Officer	C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282