Solitron Devices - Stock

Solitron Devices Debt 2024

Solitron Devices Debt

0 USD

Ticker

SODI

ISIN

US8342562084

WKN

A0D83Q

In 2024, Solitron Devices's total debt was 0 USD, a -100% change from the -1.22 USD total debt recorded in the previous year.

Solitron Devices Aktienanalyse

What does Solitron Devices do?

Solitron Devices Inc is a US-based company that has been developing and producing innovative technologies since its founding in 1959. The company is headquartered in Florida and offers a wide portfolio of semiconductor components, power supply systems, and subsystems. The history of Solitron Devices Inc began with its founding by Louis Rosenbaum and his daughter Judith Rosenbaum. They wanted to contribute to the progress in the electronics industry and brought their innovative ideas to fruition. In the 1960s, Solitron Devices Inc was a pioneer in the production of solid-state relays, which are now used in various applications from the electronics industry to telecommunications. Over the years, Solitron Devices Inc has expanded its business activities into other areas. The company now operates in three main divisions: semiconductor components, power supply, and subsystems. The "semiconductor components" division is the core of the company. Here, Solitron Devices Inc develops and produces a variety of power semiconductors, integrated circuits, and other electronic components. These components are used in many different industries. For example, they are used in the aerospace and defense industry to improve and make equipment for aircraft and rockets more reliable. But they are also used in the automotive industry for controlling engines, navigation systems, and other important functions. The "power supply" division offers a wide range of power supply products for various applications. Solitron Devices Inc has established itself as a reliable partner for power supply system developers in this field. The company produces AC/DC and DC/DC converters, battery chargers, switching power supplies, and much more. These products are used in the telecommunications industry, industrial control applications, power supplies for railway systems, and many other areas. The "subsystems" division offers complete electronic systems for specialized applications. Solutions for measuring UV radiation are developed here, which are used in research, healthcare, and medicine. These subsystems are also used for industrial applications, such as the automated control of production processes or monitoring environmental conditions in critical facilities. Solitron Devices Inc also maintains a research and development department that focuses on developing new technologies and improving existing products. The company is also committed to making its products environmentally friendly and implementing sustainable practices in its operational processes. Overall, Solitron Devices Inc has proven over the years to be a solid presence in the electronics industry. The company has established itself as a reliable partner for its customers and offers innovative and effective solutions for a wide range of applications. The future of Solitron Devices Inc looks promising: the company continues to invest in research and development to further improve its products and explore new business fields. Solitron Devices ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Solitron Devices's Debt Structure

Solitron Devices's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Solitron Devices's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Solitron Devices’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Solitron Devices’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Solitron Devices Stock

What is the debt of Solitron Devices this year?

Solitron Devices has a debt level of 0 USD this year.

What was the debt of Solitron Devices compared to the previous year?

The debt of Solitron Devices has increased by -100% compared to the previous year dropped.

What are the consequences of high debt for investors in Solitron Devices?

High debt can pose a risk for investors of Solitron Devices, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Solitron Devices?

Low debt means that Solitron Devices has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Solitron Devices affect the company?

An increase in debt of Solitron Devices can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Solitron Devices affect the company?

A reduction in debt of Solitron Devices can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Solitron Devices?

Some factors that can influence the debt of Solitron Devices include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Solitron Devices so important for investors?

The debts of Solitron Devices are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Solitron Devices take to change the debt?

To change the debt, Solitron Devices can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Solitron Devices pay?

Over the past 12 months, Solitron Devices paid a dividend of 0.25 USD . This corresponds to a dividend yield of about 1.32 %. For the coming 12 months, Solitron Devices is expected to pay a dividend of 0 USD.

What is the dividend yield of Solitron Devices?

The current dividend yield of Solitron Devices is 1.32 %.

When does Solitron Devices pay dividends?

Solitron Devices pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Solitron Devices?

Solitron Devices paid dividends every year for the past 0 years.

What is the dividend of Solitron Devices?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Solitron Devices located?

Solitron Devices is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Solitron Devices kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solitron Devices from 7/22/2015 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/25/2015.

When did Solitron Devices pay the last dividend?

The last dividend was paid out on 7/22/2015.

What was the dividend of Solitron Devices in the year 2023?

In the year 2023, Solitron Devices distributed 0 USD as dividends.

In which currency does Solitron Devices pay out the dividend?

The dividends of Solitron Devices are distributed in USD.

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Andere Kennzahlen von Solitron Devices

Our stock analysis for Solitron Devices Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Solitron Devices Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.