Track Group Debt-to-Equity Ratio Growth & History (TRCK)
Track Group's debt-to-equity ratio was 18.56 for fiscal 2021.
View full Track Group company overviewTrack Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2021 | 2021-09-30 | 18.56 | — | — |
| 2018 | 2018-09-30 | 20.67 | 15.02 | +265.85% |
| 2017 | 2017-09-30 | 5.65 | 1.78 | +46.11% |
| 2016 | 2016-09-30 | 3.87 | 1.71 | +79.21% |
| 2015 | 2015-09-30 | 2.16 | 0.76 | +54.53% |
| 2014 | 2014-09-30 | 1.40 | 1.39 | +56359.98% |
| 2013 | 2013-09-30 | 0.00 | −0.06 | −95.98% |
| 2012 | 2012-09-30 | 0.06 | −0.11 | −63.17% |
| 2011 | 2011-09-30 | 0.17 | −0.53 | −76.16% |
| 2010 | 2010-09-30 | 0.70 | — | — |
Track Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.11 | — | — |
| Q2 2022 | 2022-03-31 | 17.43 | 0.54 | +3.21% |
| Q1 2022 | 2021-12-31 | 21.47 | −22.34 | −50.99% |
| Q4 2021 | 2021-09-30 | 18.56 | — | — |
| Q3 2021 | 2021-06-30 | 11.53 | — | — |
| Q2 2021 | 2021-03-31 | 16.89 | — | — |
| Q1 2021 | 2020-12-31 | 43.81 | — | — |
| Q4 2018 | 2018-09-30 | 20.67 | 15.02 | +265.85% |
| Q3 2018 | 2018-06-30 | 15.32 | 10.64 | +227.43% |
| Q2 2018 | 2018-03-31 | 8.57 | 1.38 | +19.23% |
| Q1 2018 | 2017-12-31 | 6.28 | 0.39 | +6.57% |
| Q4 2017 | 2017-09-30 | 5.65 | 1.78 | +46.11% |
| Q3 2017 | 2017-06-30 | 4.68 | 1.57 | +50.57% |
| Q2 2017 | 2017-03-31 | 7.19 | 4.56 | +173.41% |
| Q1 2017 | 2016-12-31 | 5.89 | 3.48 | +144.79% |
| Q4 2016 | 2016-09-30 | 3.87 | 1.71 | +79.21% |
| Q3 2016 | 2016-06-30 | 3.11 | 1.54 | +98.61% |
| Q2 2016 | 2016-03-31 | 2.63 | 1.23 | +87.40% |
| Q1 2016 | 2015-12-31 | 2.41 | 0.85 | +54.33% |
| Q4 2015 | 2015-09-30 | 2.16 | 0.76 | +54.53% |
| Q3 2015 | 2015-06-30 | 1.56 | 0.82 | +110.56% |
| Q2 2015 | 2015-03-31 | 1.40 | 0.88 | +169.99% |
| Q1 2015 | 2014-12-31 | 1.56 | 1.55 | +22413.36% |
| Q4 2014 | 2014-09-30 | 1.40 | 1.39 | +56359.98% |
| Q3 2014 | 2014-06-30 | 0.74 | 0.73 | +5906.78% |
| Q2 2014 | 2014-03-31 | 0.52 | 0.51 | +3910.12% |
| Q1 2014 | 2013-12-31 | 0.01 | −0.10 | −93.67% |
| Q4 2013 | 2013-09-30 | 0.00 | −0.06 | −95.98% |
| Q3 2013 | 2013-06-30 | 0.01 | −0.14 | −92.03% |
| Q2 2013 | 2013-03-31 | 0.01 | −0.09 | −87.79% |
| Q1 2013 | 2012-12-31 | 0.11 | −0.01 | −7.79% |
| Q4 2012 | 2012-09-30 | 0.06 | −0.11 | −63.17% |
| Q3 2012 | 2012-06-30 | 0.16 | −0.50 | −76.33% |
| Q2 2012 | 2012-03-31 | 0.11 | −1.21 | −91.97% |
| Q1 2012 | 2011-12-31 | 0.12 | −0.39 | −76.59% |
| Q4 2011 | 2011-09-30 | 0.17 | −0.49 | −74.75% |
| Q3 2011 | 2011-06-30 | 0.66 | — | — |
| Q2 2011 | 2011-03-31 | 1.32 | — | — |
| Q1 2011 | 2010-12-31 | 0.51 | — | — |
| Q4 2010 | 2010-09-30 | 0.66 | — | — |
Track Group debt-to-equity ratio trends
Over the last five fiscal years, Track Group's debt-to-equity ratio increased from 3.87 to 18.56, a change of 14.70. The latest reported quarter, Q3 2026, shows 1.11.
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.
Review Track Group source filings ↗