What is Inrad Optics Debt-to-Equity?
Inrad Optics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.38 Mil. Inrad Optics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.88 Mil. Inrad Optics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.55 Mil.
Inrad Optics's debt to equity for the quarter that ended in Dec. 2023 was 0.50.
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 Inrad Optics's Debt-to-Equity or its related term are showing as below:
INRD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 1.12 Max: 3.03
Current: 0.5
During the past 13 years, the highest Debt-to-Equity Ratio of Inrad Optics was 3.03. The lowest was 0.50. And the median was 1.12.
Inrad Optics Debt-to-Equity Historical Data
The historical data trend for Inrad Optics'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.
Inrad Optics Debt-to-Equity Chart
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Inrad Optics Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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1.67 |
3.03 |
0.85 |
0.99 |
0.50 |
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Inrad Optics Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.99 |
0.91 |
0.75 |
0.63 |
0.50 |
Competitive Comparison of Inrad Optics's Debt-to-Equity
For the Electronic Components subindustry, Inrad Optics'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.
Inrad Optics's Debt-to-Equity Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Inrad Optics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Inrad Optics's Debt-to-Equity falls into.
Inrad Optics Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Inrad Optics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Inrad Optics's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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.
Inrad Optics (Inrad Optics) Business Description
Traded in Other Exchanges
N/A
Address
181 Legrand Avenue, Northvale, NJ, USA, 07647
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
Executives
| Dennis G Romano |
director |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Norman E. Strandlund |
director |
181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Amy Eskilson |
officer: CEO |
RIVERCREST CO-OP, 103 GEDNEY ST., APT 1H, NYACK NY 10960 |
| George F Murray |
officer: VP SALES & MARKETING |
INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Thomas Caughey |
director |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Theresa A Balog |
officer: Chief Financial Officer |
C/O INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Jan M Winston |
director |
141 LANSDOWNE, WESTPORT CT 06880 |
| John M Duich |
officer: VP Operations Sarasota |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Joseph J Rutherford |
director, officer: President/CEO |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Miroslav Dosoudil |
officer: VP Operations |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| John R Ryan |
officer: VP Sales & Marketing |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Lavalle Luke P Jr |
director |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| William Brucker |
officer: VP, Human Resources |
C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| William J Foote |
officer: CHIEF FINANCIAL OFFICER |
C/O PPGI, 181 LEGRAND AVENUE, NORTHVALE NJ 07647 |
| Daniel Lehrfeld |
officer: President & CEO |
34 GREENWOOD DRIVE, NEW CITY NY 10956 |
Inrad Optics (Inrad Optics) Headlines
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