What is Giga-Tronics Debt-to-Equity?
Giga-Tronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.80 Mil. Giga-Tronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.54 Mil. Giga-Tronics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.60 Mil.
Giga-Tronics's debt to equity for the quarter that ended in Dec. 2023 was -5.92.
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 Giga-Tronics's Debt-to-Equity or its related term are showing as below:
GIGA'
s Debt-to-Equity Range Over the Past 10 Years
Min: -5.92 Med: 0.25 Max: 1.53
Current: -5.92
During the past 3 years, the highest Debt-to-Equity Ratio of Giga-Tronics was 1.53. The lowest was -5.92. And the median was 0.25.
Giga-Tronics Debt-to-Equity Historical Data
The historical data trend for Giga-Tronics'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.
Giga-Tronics Debt-to-Equity Chart
|
Giga-Tronics Annual Data
|
|
Trend |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
0.25 |
1.53 |
-5.92 |
|
Giga-Tronics Quarterly Data
|
|
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
Get a 7-Day Free Trial
|
|
|
1.53 |
1.81 |
2.62 |
4.17 |
-5.92 |
Competitive Comparison of Giga-Tronics's Debt-to-Equity
For the Scientific & Technical Instruments subindustry, Giga-Tronics'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.
Giga-Tronics's Debt-to-Equity Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Giga-Tronics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Giga-Tronics's Debt-to-Equity falls into.
Giga-Tronics Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Giga-Tronics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Giga-Tronics'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.
Giga-Tronics (Giga-Tronics) Business Description
Traded in Other Exchanges
N/A
Address
7272 E. Indian School Road, Suite 540, Scottsdale, AZ, USA, 85251
Giga-tronics Inc design, manufacture, and distribute specialized precision electronic solutions, automated test solutions, power electronics, supply and distribution solutions, display solutions and radio, microwave and millimeter wave communication systems and components for a variety of applications with a focus on the global defense industry for military airborne, sea and ground applications. The company has three segments namely Precision Electronic Solutions; Power Electronics and Display and RF Solutions. It generates maximum revenue from the Precision Electronic Solutions segment.
Executives
| William B. Horne |
director |
C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626 |
| Timothy Long |
officer: Chief Operating Officer |
7272 E. INDIAN SCHOOL ROAD, SUITE 540, SCOTTSDALE AZ 85251 |
| Bitnile Holdings, Inc. |
10 percent owner |
11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141 |
| Jonathan R Read |
director, officer: Chief Executive Officer |
6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251 |
| Robert O Smith |
director |
DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538 |
| Jeffrey Allen Bentz |
director |
107 E BONITA WAY, TEMPE AZ 85281 |
| Thomas E Vickers |
director |
2101 WEST COMMERCIAL BLVD, SUITE 3500, FORT LAUDERDALE FL 33309 |
| Wit Cornelis F |
10 percent owner |
2101 WEST COMMERCIAL BLVD., SUITE 3500, FORT LAUDERDALE FL 33309 |
| Smc Private Equity Holdings Gp, Llc |
10 percent owner |
650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
| Smc Private Equity Holdings, Lp |
10 percent owner |
650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
| Spring Mountain Capital G.p., Llc |
10 percent owner |
C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
| Spring Mountain Capital, Llc |
10 percent owner |
C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
| Smc Select Co-investment I Gp, Llc |
10 percent owner |
C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
| Gregory P. Ho |
10 percent owner |
C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022 |
| John Steffens |
10 percent owner |
C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487 |
Giga-Tronics (Giga-Tronics) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GIGA has been successfully added to your