What is Electronic Systems Technology Financial Strength?
Electronic Systems Technology has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Electronic Systems Technology Inc shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Electronic Systems Technology has no long-term debt (1).
Electronic Systems Technology's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.01.
As of today, Electronic Systems Technology's Altman Z-Score is 11.96.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Electronic Systems Technology's Financial Strength
For the Communication Equipment subindustry, Electronic Systems Technology's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Electronic Systems Technology's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Electronic Systems Technology's Financial Strength distribution charts can be found below:
* The bar in red indicates where Electronic Systems Technology's Financial Strength falls into.
Electronic Systems Technology Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.
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:
Electronic Systems Technology's Interest Expense for the
months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.
Electronic Systems Technology's Interest Coverage for the quarter that ended in Mar. 2024 is
| Electronic Systems Technology had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Electronic Systems Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Electronic Systems Technology's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Electronic Systems Technology has a Z-score of 11.96, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 11.96 is strong.
* 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.
Electronic Systems Technology (Electronic Systems Technology) Business Description
Traded in Other Exchanges
N/A
Address
415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
Executives
| Daniel M. Tolley |
director |
C/O ELECTRONIC SYSTEMS TECHNOLOGY, INC., 415 N. ROOSEVELT ST., STE B1, KENNEWICH WA 99336 |
| Michael William Eller |
director, officer: President |
415 N QUAY, BLDG B1, KENNEWICK WA 99336 |
| Partners Lllp Edco |
10 percent owner |
4605 S DENICE DR, ENGLEWOOD CO 80111 |
| Zeff Capital, Lp |
10 percent owner |
400 S. MCCADDEN PL., LOS ANGELES CA 90020 |
| Theodore Deinard |
director |
C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216 |
| Donald E. Siecke |
director, 10 percent owner |
12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033 |
| Thomas J. Schaefer |
director |
6800 EAST HIGHLAND AVE, SCOTTSDALE AZ 85251 |
| Vern D Kornelsen |
director, 10 percent owner |
4605 S. DENICE DR, ENGLEWOOD CO 80111 |
| Electronic Systems Technology Inc |
director, officer: Secretary/Treasurer |
415 N. ROOSEVELT ST., STE B1, KENNEWICK WA 99336 |
| Hummingbird Value Fund Lp |
10 percent owner, other: see footnote #1 |
145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
| Hummingbird Management Llc |
10 percent owner, other: see footnote #1 |
145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
| Paul D Sonkin |
10 percent owner, other: see footnote #1 |
145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
| Hummingbird Microcap Value Fund Lp |
10 percent owner, other: see footnote #1 |
145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
| Hummingbird Capital Llc |
10 percent owner, other: see footnote #1 |
145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
| Tarsier Nanocap Value Fund, Lp |
10 percent owner, other: see footnote #1 |
C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022 |
Electronic Systems Technology (Electronic Systems Technology) Headlines
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