Solitron Devices Stock

Solitron Devices Liabilities 2024

Solitron Devices Liabilities

7.67 M USD

Ticker

SODI

ISIN

US8342562084

WKN

A0D83Q

In 2024, Solitron Devices's total liabilities amounted to 7.67 M USD, a 95.86% difference from the 3.92 M USD total liabilities 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.

Liabilities Details

Assessing Solitron Devices's Liabilities

Solitron Devices's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Solitron Devices's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Solitron Devices's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Solitron Devices's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Solitron Devices’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Solitron Devices stock

What is the level of liabilities of Solitron Devices this year?

Solitron Devices has a debt balance of 7.67 M USD this year.

What were the liabilities of Solitron Devices compared to the previous year?

The liabilities of Solitron Devices have increased by 95.86% increased compared to the previous year.

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

High liabilities can pose a risk for investors of Solitron Devices, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Solitron Devices?

Low liabilities mean that Solitron Devices has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Solitron Devices affect the company?

An increase in liabilities of Solitron Devices can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Solitron Devices affect the company?

A decrease in the liabilities of Solitron Devices can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

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

Why is the level of liabilities of Solitron Devices so important for investors?

The liabilities of Solitron Devices are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Solitron Devices take to modify the liabilities?

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

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 1.59 %. 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 1.59 %.

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.