Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Debt-to-Equity : -3.11 (As of Sep. 2023)

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What is Brite-Strike Tactical Illumination Products Debt-to-Equity?

Brite-Strike Tactical Illumination Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.18 Mil. Brite-Strike Tactical Illumination Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Brite-Strike Tactical Illumination Products's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.06 Mil. Brite-Strike Tactical Illumination Products's debt to equity for the quarter that ended in Sep. 2023 was -3.11.

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 Brite-Strike Tactical Illumination Products's Debt-to-Equity or its related term are showing as below:

BSTK' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.11 Med: 0.13 Max: 0.17
Current: -3.11

During the past 5 years, the highest Debt-to-Equity Ratio of Brite-Strike Tactical Illumination Products was 0.17. The lowest was -3.11. And the median was 0.13.

BSTK's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs BSTK: -3.11

Brite-Strike Tactical Illumination Products Debt-to-Equity Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Debt-to-Equity Chart

Brite-Strike Tactical Illumination Products Annual Data

Trend

Dec96

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

1.88

0.20

0.14

0.10

Brite-Strike Tactical Illumination Products Quarterly Data
	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.12	0.13	0.10	-3.11

Competitive Comparison of Brite-Strike Tactical Illumination Products's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Debt-to-Equity falls into.

Brite-Strike Tactical Illumination Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brite-Strike Tactical Illumination Products's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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
	=	(0.034	+	0)	/	0.339
	=	0.10

Brite-Strike Tactical Illumination Products's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.177	+	0)	/	-0.057
	=	-3.11

Brite-Strike Tactical Illumination Products (OTCPK:BSTK) 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.

Brite-Strike Tactical Illumination Products Debt-to-Equity Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brite-Strike Tactical Illumination Products Inc (OTCPK:BSTK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1145 Franklin Street, Duxbury, MA, USA, 02332

Website

https://www.brite-strike.com

Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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