What is Track Group Debt-to-Equity?
Track Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.20 Mil. Track Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $42.66 Mil. Track Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-11.46 Mil.
Track Group's debt to equity for the quarter that ended in Dec. 2024 was -3.74.
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 Track Group's Debt-to-Equity or its related term are showing as below:
TRCK'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3385.4 Med: 1.63 Max: 43.79
Current: -3.74
During the past 13 years, the highest Debt-to-Equity Ratio of Track Group was 43.79. The lowest was -3385.40. And the median was 1.63.
Track Group Debt-to-Equity Historical Data
The historical data trend for Track Group'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.
Track Group Debt-to-Equity Chart
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Track Group Annual Data
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Trend |
Sep15 |
Sep16 |
Sep17 |
Sep18 |
Sep19 |
Sep20 |
Sep21 |
Sep22 |
Sep23 |
Sep24 |
| Debt-to-Equity |
|
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|
|
-34.25 |
18.63 |
-8.71 |
-5.12 |
-3.70 |
|
Track Group Quarterly Data
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Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
Jun24 |
Sep24 |
Dec24 |
| Debt-to-Equity |
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|
|
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-5.05 |
-4.11 |
-3.84 |
-3.70 |
-3.74 |
Competitive Comparison of Track Group's Debt-to-Equity
For the Scientific & Technical Instruments subindustry, Track Group'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.
Track Group's Debt-to-Equity Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Track Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Track Group's Debt-to-Equity falls into.
Track Group Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Track Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 is calculated as
Track Group's Debt to Equity Ratio for the quarter that ended in Dec. 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.
Track Group Business Description
Traded in Other Exchanges
Address
200 E. 5th Avenue, Suite 100, Naperville, IL, USA, 60563
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
Executives
| Karim Sehnaoui |
director |
57 ROUTE DE CHENE, GENEVA V8 1208 |
| Conrent Invest S.a. |
10 percent owner |
19 RUE DE BITBOURG, LUXEMBOURG N4 L-1273 |
| Matthew J. Swando |
officer: CHIEF REVENUE OFFICER |
C/O TRACK GROUP, INC., 200 E 5TH AVE, SUITE 100, NAPERVILLE IL 60563 |
| Derek Cassell |
officer: Chief Executive Officer |
200 E. 5TH AVE., SUITE 100, NAPERVILLE IL 60563 |
| Van Daele Dirk Karel |
director |
BERGSTRASSE 6, HORGEN V8 CH8810 |
| Peter K Poli |
officer: CHIEF FINANCIAL OFFICER |
1215 W. LAKEVIEW COURT, ROMEOVILLE IL 60446 |
| Ray O Johnson |
director |
C/O RIGETTI & CO., INC., 775 HEINZ AVENUE, BERKELEY CA 94710 |
| Charles Eric Rosenblum |
director |
405 SOUTH MAIN STREET, SUITE 700, SALT LAKE CITY UT 84111 |
| Karen M Macleod |
director |
C/O TRACK GROUP, INC., 200 E 5TH AVENUE STE 100, NAPERVILLE IL 60563 |
| John R Merrill |
officer: Chief Financial Officer |
4222 HILLTOP DRIVE, PARK CITY UT 84098 |
| Sapinda Asia Ltd |
10 percent owner |
8TH FLOOR, HANG SENG BANK BUILDING, 200 HENNESSEY ROAD, WANCHAI, HONG KONG K3 00000 |
| Safety Invest S.a. |
10 percent owner |
19 RUE DE BITBOURG, LUXEMBOURG N4 L-1273 |
| Winfried Kunz |
director |
AM GASTEIG 9, TRAUBING 2M 82327 |
| Guy Dubois |
director, 10 percent owner |
C/O POLLEKE III, SEESTRASSE 227, KILCHBERG V8 CH8802 |
| Lars Windhorst |
10 percent owner |
C/O SAPINDA ASIA LTD, RMS 803-4, 8TH FLR, HANG SENG WANCHAI BLDG, 200 HENNESY ROAD, WANCHAI K3 999077 |
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