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DAKT (Daktronics) Debt-to-Equity : 0.25 (As of Oct. 2024)


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What is Daktronics Debt-to-Equity?

Daktronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $1.5 Mil. Daktronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $63.9 Mil. Daktronics's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $260.9 Mil. Daktronics's debt to equity for the quarter that ended in Oct. 2024 was 0.25.

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

DAKT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 0.32
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Daktronics was 0.32. The lowest was 0.01. And the median was 0.15.

DAKT's Debt-to-Equity is ranked better than
53.8% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs DAKT: 0.25

Daktronics Debt-to-Equity Historical Data

The historical data trend for Daktronics'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.

Daktronics Debt-to-Equity Chart

Daktronics Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.10 0.24

Daktronics Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.21 0.24 0.32 0.25

Competitive Comparison of Daktronics's Debt-to-Equity

For the Electronic Components subindustry, Daktronics'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.


Daktronics's Debt-to-Equity Distribution in the Hardware Industry

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

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



Daktronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daktronics's Debt to Equity Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Daktronics's Debt to Equity Ratio for the quarter that ended in Oct. 2024 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.


Daktronics  (NAS:DAKT) 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.


Daktronics Debt-to-Equity Related Terms

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


Daktronics Business Description

Traded in Other Exchanges
Address
201 Daktronics Drive, Brookings, SD, USA, 57006
Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large-screen video displays for sporting, commercial, and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes the majority of its revenue from Live events.
Executives
Matthew John Kurtenbach other: VP of Manufacturing 1016 CHRISTINE AVE, BROOKINGS SD 57006
Bradley T Wiemann other: VP, Commercial & Trans Mkts 225 TRAIL RIDGE RD, BROOKINGS SD 57006
Sheila Mae Anderson officer: CFO & Treasurer 3310 WALNUT LN, BROOKINGS SD 57006
Reece A Kurtenbach other: Vice President, Video Systems 201 DAKTRONICS DR., BROOKINGS SD 57006-5128
Howard I Atkins director OCCIDENTAL PETROLEUM CORPORATION, 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew David Siegel director 1350 E FLAMINGO RD, #253, LAS VEGAS NV 89119
Shereta Diana Williams director 1124 KNOTT ST SE, ATLANTA GA 30316-3124
Lance Dean Bultena director 2620 N. UNDERWOOD STREET, ARLINGTON VA 22213
Jose-marie Griffiths director 1022 NE 9TH ST, MADISON SD 57042
Carla S Gatzke officer: Secretary
John L Mulligan director 2417 EAST SOLANO DR, PHOENIX AZ 85016
Nancy D Frame director P O BOX PCS 116, PARIS I0 09777
Byron J Anderson director 395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
James B Morgan director, officer: CEO & President 2834 WESTERN AVE S, BROOKINGS SD 57006
Kevin Patrick Mcdermott director 436 ROYAL OAKS DRIVE, NASHVILLE TN 37205