REKRP.PFD (Rekor Systems) Debt-to-Asset : 0.32 (As of Sep. 2024)

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What is Rekor Systems Debt-to-Asset?

Rekor Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3.85 Mil. Rekor Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $28.41 Mil. Rekor Systems's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $101.20 Mil. Rekor Systems's debt to asset for the quarter that ended in Sep. 2024 was 0.32.

Rekor Systems Debt-to-Asset Historical Data

The historical data trend for Rekor Systems's Debt-to-Asset 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.

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Rekor Systems Debt-to-Asset Chart

Rekor Systems Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.72

0.06

0.09

0.24

0.46

Rekor Systems Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.31	0.46	0.31	0.34	0.32

Competitive Comparison of Rekor Systems's Debt-to-Asset

For the Software - Infrastructure subindustry, Rekor Systems's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Software Industry

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

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

Rekor Systems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rekor Systems's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.883	+	39.444)	/	92.151
	=	0.46

Rekor Systems's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(3.847	+	28.407)	/	101.195
	=	0.32

Rekor Systems (OTCPK:REKRP.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Rekor Systems Debt-to-Asset Related Terms

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Rekor Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rekor Systems Inc (OTCPK:REKRP.PFD) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

REKR:USA 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. The company is engaged in providing real-time roadway intelligence through AI-driven decisions. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. The company's technology and machine learning models power all solutions, including Rekor Command for transportation management, Rekor Discover for urban mobility, and Rekor Scout for public safety, and commercial use. Its geographical segments are the United States and Others, of which the majority of its revenue comes from the United States.