What is Track Group Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Track Group's interest expense for the
three
months ended in Dec. 2024 was $ -0.57 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-2.16 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Track Group's Operating Income for the
three
months ended in Dec. 2024 was $ 0.20 Mil. Track Group's Interest Expense for the
three
months ended in Dec. 2024 was $ -0.57 Mil.
Track Group's Interest Coverage for the quarter that ended in Dec. 2024 was 0.34.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Track Group Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.16 Mil.
* 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 (OTCPK:TRCK) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Track Group's Interest Expense for the
three
months ended in Dec. 2024 was $-0.57 Mil. Its
Operating Income
for the
three
months ended in Dec. 2024 was $0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2024 was $42.66 Mil.
Track Group's Interest Coverage 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.
The higher the ratio, the stronger the company's financial strength is.
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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