Sono Tek Debt-to-Equity Ratio Growth & History (SOTK)
Sono Tek's debt-to-equity ratio was 0.09 for fiscal 2021.
View full Sono Tek company overviewSono Tek annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2021 | 2021-02-28 | 0.09 | 0.02 | +26.43% |
| 2020 | 2020-02-29 | 0.07 | −0.03 | −28.66% |
| 2019 | 2019-02-28 | 0.10 | −0.02 | −17.10% |
| 2018 | 2018-02-28 | 0.12 | −0.03 | −17.61% |
| 2017 | 2017-02-28 | 0.15 | −0.02 | −13.74% |
| 2016 | 2016-02-29 | 0.17 | −0.03 | −16.80% |
| 2015 | 2015-02-28 | 0.21 | −0.05 | −19.56% |
| 2014 | 2014-02-28 | 0.26 | −0.10 | −27.07% |
| 2013 | 2013-02-28 | 0.35 | −0.03 | −8.34% |
| 2012 | 2012-02-29 | 0.38 | −0.10 | −20.83% |
| 2011 | 2011-02-28 | 0.49 | — | — |
Sono Tek quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2021 | 2021-02-28 | 0.09 | 0.02 | +26.43% |
| Q3 2021 | 2020-11-30 | 0.15 | 0.07 | +83.28% |
| Q2 2021 | 2020-08-31 | 0.16 | 0.07 | +77.87% |
| Q1 2021 | 2020-05-31 | 0.17 | 0.07 | +73.87% |
| Q4 2020 | 2020-02-29 | 0.07 | −0.03 | −28.66% |
| Q3 2020 | 2019-11-30 | 0.08 | −0.02 | −22.86% |
| Q2 2020 | 2019-08-31 | 0.09 | −0.02 | −19.44% |
| Q1 2020 | 2019-05-31 | 0.10 | −0.02 | −17.90% |
| Q4 2019 | 2019-02-28 | 0.10 | −0.02 | −17.10% |
| Q3 2019 | 2018-11-30 | 0.11 | −0.02 | −16.37% |
| Q2 2019 | 2018-08-31 | 0.11 | −0.02 | −18.08% |
| Q1 2019 | 2018-05-31 | 0.12 | −0.03 | −17.87% |
| Q4 2018 | 2018-02-28 | 0.12 | −0.03 | −17.61% |
| Q3 2018 | 2017-11-30 | 0.13 | −0.03 | −17.91% |
| Q2 2018 | 2017-08-31 | 0.14 | −0.02 | −15.34% |
| Q1 2018 | 2017-05-31 | 0.14 | −0.02 | −13.40% |
| Q4 2017 | 2017-02-28 | 0.15 | −0.02 | −13.74% |
| Q3 2017 | 2016-11-30 | 0.16 | −0.02 | −11.27% |
| Q2 2017 | 2016-08-31 | 0.16 | −0.02 | −13.34% |
| Q1 2017 | 2016-05-31 | 0.16 | −0.03 | −15.61% |
| Q4 2016 | 2016-02-29 | 0.17 | −0.03 | −16.80% |
| Q3 2016 | 2015-11-30 | 0.18 | −0.05 | −20.56% |
| Q2 2016 | 2015-08-31 | 0.19 | −0.05 | −20.85% |
| Q1 2016 | 2015-05-31 | 0.20 | −0.05 | −20.81% |
| Q4 2015 | 2015-02-28 | 0.21 | −0.05 | −19.56% |
| Q3 2015 | 2014-11-30 | 0.22 | −0.10 | −30.48% |
| Q2 2015 | 2014-08-31 | 0.24 | −0.10 | −29.16% |
| Q1 2015 | 2014-05-31 | 0.25 | −0.10 | −28.06% |
| Q4 2014 | 2014-02-28 | 0.26 | −0.10 | −27.07% |
| Q3 2014 | 2013-11-30 | 0.32 | −0.04 | −11.44% |
| Q2 2014 | 2013-08-31 | 0.33 | −0.04 | −9.67% |
| Q1 2014 | 2013-05-31 | 0.34 | −0.03 | −9.16% |
| Q4 2013 | 2013-02-28 | 0.35 | −0.03 | −8.34% |
| Q3 2013 | 2012-11-30 | 0.36 | −0.07 | −17.21% |
| Q2 2013 | 2012-08-31 | 0.37 | −0.09 | −19.64% |
| Q1 2013 | 2012-05-31 | 0.38 | — | — |
| Q4 2012 | 2012-02-29 | 0.38 | −0.10 | −20.83% |
| Q3 2012 | 2011-11-30 | 0.43 | — | — |
| Q2 2012 | 2011-08-31 | 0.46 | — | — |
| Q4 2011 | 2011-02-28 | 0.49 | — | — |
Sono Tek debt-to-equity ratio trends
Over the last five fiscal years, Sono Tek's debt-to-equity ratio decreased from 0.17 to 0.09, a change of −0.08. The latest reported quarter, Q4 2021, shows 0.09.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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