VirTra (VirTra) Debt-to-Equity

: 0.21 (As of Dec. 2023)

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VirTra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.54 Mil. VirTra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.25 Mil. VirTra's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $42.62 Mil. VirTra's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

VTSI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.3
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of VirTra was 0.30. The lowest was 0.00. And the median was 0.09.

VTSI's Debt-to-Equity is ranked better than
71.37% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs VTSI: 0.21

VirTra Debt-to-Equity Historical Data

The historical data trend for VirTra'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.

VirTra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.22

0.30

0.28

0.21

VirTra 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															0.28	0.26	0.24	0.23	0.21

Competitive Comparison

For the Aerospace & Defense subindustry, VirTra'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.

VirTra Debt-to-Equity Distribution

For the Aerospace & Defense industry and Industrials sector, VirTra's Debt-to-Equity distribution charts can be found below:

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

VirTra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VirTra'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
	=	(0.544	+	8.245)	/	42.622
	=	0.21

VirTra'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
	=	(0.544	+	8.245)	/	42.622
	=	0.21

VirTra (NAS:VTSI) 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.

VirTra Debt-to-Equity Related Terms

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

VirTra (VirTra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » VirTra Inc (NAS:VTSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0XQ:Germany

Address

295 E. Corporate Place, Chandler, AZ, USA, 85225

Website

https://www.virtra.com

VirTra Inc is a U.S.-based company that is engaged in the sale and development of the judgmental use of force training simulators and firearms training simulators for law enforcement, military and commercial uses. It sells simulators and related products across the globe through a direct sales force and international distribution partners. The services provided by the company includes installation, training, limited warranties, service agreements and related support. The company sells and supports use of force training and marksmanship firearms training systems and accessories for law enforcement, military or civilian use. The product line of the company includes simulators, upgrade components, scenarios, scenario software, recoil kits, Threat-Fire and other accessories.

Executives

Robert D Ferris	director, officer: president	7970 S KYRENE RD, TEMPE AZ 85284
James P Mcdonnell	director	295 E CORPORATE PLACE, CHANDLER AZ 85225
Givens John F. Ii	director	C/O VIRTRA, INC, 7970 S. KYRENE RD, TEMPE AZ 85284
Alanna Boudreau	officer: Chief Financial Officer	295 E CORPORATE PLACE, CHANDLER AZ 85225
Gregg C Johnson	director	6081 W PARK AVE, CHANDLER AZ 85226
Danielle Diaz	officer: Chief Financial Officer	295 E. CORPORATE PLACE, CHANDLER AZ 85225
Marsha J. Foxx	officer: Interim VP CAO	C/O VIRTRA, INC., 7970 S.KYRENE RD., TEMPE AZ 85284
Jeffrey Dale Brown	director	7970 S KYRENE RD, TEMPE, AZ 85284
Judy A Henry	officer: CFO, Treasurer and Secretary	7970 S KYRENE RD.,, TEMPE AZ 85284
Mitchell A Saltz	director	14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260
Matthew D Burlend	director, officer: Chief Operating Officer & VP	7970 S KYRENE RD, TEMPE AZ 85284
James D. Richardson	director	7970 S KYRENE RD., TEMPE AZ 85284
L Kelly Jones	director, 10 percent owner, officer: ceo	440 NORTH CENTER, ARLINGTON TX 76011
Andrew Wells	director	440 NORTH CENTER, ARLINGTON TX 76011
David Louis Ferris	10 percent owner