BlackSky Technology (BlackSky Technology) Debt-to-Equity : 0.94 (As of Dec. 2023)

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What is BlackSky Technology Debt-to-Equity?

BlackSky Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.62 Mil. BlackSky Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $86.54 Mil. BlackSky Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $93.16 Mil. BlackSky Technology's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

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 BlackSky Technology's Debt-to-Equity or its related term are showing as below:

BKSY' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.1 Med: 0.53 Max: 0.94
Current: 0.94

During the past 4 years, the highest Debt-to-Equity Ratio of BlackSky Technology was 0.94. The lowest was -3.10. And the median was 0.53.

BKSY's Debt-to-Equity is ranked worse than
85.22% of 2199 companies
in the Hardware industry
Industry Median: 0.28 vs BKSY: 0.94

BlackSky Technology Debt-to-Equity Historical Data

The historical data trend for BlackSky Technology'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.

* Premium members only.

BlackSky Technology Debt-to-Equity Chart

BlackSky Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-3.10

0.40

0.66

0.94

BlackSky Technology Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.66	0.67	0.93	0.90	0.94

Competitive Comparison of BlackSky Technology's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, BlackSky Technology'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.

BlackSky Technology's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BlackSky Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BlackSky Technology's Debt-to-Equity falls into.

BlackSky Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlackSky Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.621	+	86.543)	/	93.159
	=	0.94

BlackSky Technology's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.621	+	86.543)	/	93.159
	=	0.94

BlackSky Technology (NYSE:BKSY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BlackSky Technology Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BlackSky Technology's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackSky Technology (BlackSky Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BlackSky Technology Inc (NYSE:BKSY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13241 Woodland Park Road, Suite 300, Herndon, VA, USA, 20171

Website

https://www.blacksky.com

BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and from other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.

Executives

Tracy Ward	officer: Principal Accounting Officer	3901 STONECROFT BOULEVARD, C/O INTERSECTIONS INC., CHANTILLY VA 20151
Brian E O'toole	director, officer: CEO and President	2325 DULLES CORNER BLVD., HERNDON VA 20171
Henry Edward Dubois	officer: Chief Development Officer	C/O 13241 WOODLAND PARK ROAD, STE 300, HERNDON VA 20171
Christiana L Lin	officer: General Counsel & Corp Sec	11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190
Johan G Broekhuysen	officer: Chief Financial Officer	LUMOS NETWORKS CORP., ONE LUMOS PLAZA, WAYNESBORO VA 22980
Susan M. Gordon	director	C/O CACI INTERNATIONAL, 1100 N. GLEBE ROAD, 3RD FLOOR, ARLINGTON VA 22201
Mithril Lp	10 percent owner	ONE LETTERMAN DRIVE, BUILDING C SUITE 400, SAN FRANCISCO CA 94129
Peter Thiel	10 percent owner	9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
S.a. Thales	10 percent owner	TOUR CARPE DIEM, 31 PLACE, DES COROLLES, ESPLANADE NORD 92400, COURBEVOIE I0 92400
Thales Alenia Space Us Investment Llc	10 percent owner	1209 ORANGE STREET, WILMINGTON DE 19801
Thales Alenia Space S.a.s.	10 percent owner	100 BD DU MIDI - 06150, CANNES LA BOCA I0 06150
Seahawk Spv Investment Llc	10 percent owner	2733 SOUTH CRYSTAL DRIVE, SUITE 1200, ARLINGTON TX 22202
Brian G. Daum	officer: Chief Financial Officer	C/O BLACKSKY TECHNOLOGY INC, 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20271
Mithril Gp Lp	10 percent owner	C/O MITHRIL CAPITAL MANAGEMENT LLC, 600 CONGRESS AVENUE, SUITE 3100, AUSTIN TX 78701
Timothy M. Harvey	director	13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20171