Strattec Security Stock

Strattec Security Debt 2024

Strattec Security Debt

-7.6 USD

Ticker

STRT

ISIN

US8631111007

WKN

894333

In 2024, Strattec Security's total debt was -7.6 USD, a -445.45% change from the 2.2 USD total debt recorded in the previous year.

Strattec Security Aktienanalyse

What does Strattec Security do?

Strattec Security Corp. is a leading company in the automotive industry for security and locking systems, headquartered in Milwaukee, Wisconsin, USA. The company was founded in 1995 as an independent company specializing in the development of product lifecycle solutions for the automotive industry. However, the history of the company goes back even further. In 1908, Arthur P. Stratton founded Strattec Manufacturing Corp. based in Milwaukee, Wisconsin. At that time, the company was a significant supplier of locking systems and keys for premium automotive manufacturers such as Buick, Cadillac, Chevrolet, Ford, and Hupmobile. Strattec Manufacturing Corp. quickly expanded and recognized the need to invest in new products and technologies that would enhance the company's competitiveness in the automotive market. Over the years, Strattec Security Corp. has established itself as a major player in the automotive industry. The company provides comprehensive security solutions for keys and locking systems, electronic and mechanical systems for remote access to vehicles, as well as technologies to enhance the security of commercial vehicles and cargo. Strattec Security Corp.'s product range also includes electronic door locks for residential, commercial, and industrial applications. The business model of Strattec Security Corp. is focused on the needs of automotive manufacturers. The company works closely with leading automotive OEMs to develop innovative locking systems and access controls for vehicles. Strattec Security Corp. offers its customers a wide range of products and services worldwide to ensure the protection of vehicles and their occupants. The various divisions of Strattec Security Corp. include: 1. Automotive security systems: Strattec Security Corp. develops and manufactures keys and locking systems for the global automotive industry. The company is able to develop custom locking and access systems for a variety of applications, from conventional keys to advanced remote-controlled systems. 2. Commercial vehicle systems: Strattec Security Corp. offers a wide range of products for commercial vehicles to enhance the safety of cargo and occupants. The company develops and produces systems for remote-controlled opening and closing of commercial vehicle doors, security locks for cargo securing, and electronic systems for monitoring and controlling commercial vehicles. 3. Electronic door locks: Strattec Security Corp. is also engaged in the production of electronic door locks for residential and commercial applications. The company offers a wide range of high-quality electronic door locks that provide a secure and convenient way to lock and unlock doors. 4. Safes: Strattec Security Corp. is also involved in the production of safes. The company offers a wide range of safes that provide both fire and burglary protection. These safes are used for the storage of valuables, documents, and other valuable items. Overall, Strattec Security Corp. stands for quality, innovation, and reliability in the automotive industry. The company takes pride in developing innovative locking systems and technologies that contribute to increasing the safety of vehicles and protection against theft. Strattec Security ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Strattec Security's Debt Structure

Strattec Security'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 Strattec Security'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 Strattec Security’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 Strattec Security’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 Strattec Security stock

What is the debt of Strattec Security this year?

Strattec Security has a debt level of -7.6 USD this year.

What was the debt of Strattec Security compared to the previous year?

The debt of Strattec Security has increased by -445.45% compared to the previous year dropped.

What are the consequences of high debt for investors in Strattec Security?

High debt can pose a risk for investors of Strattec Security, 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 Strattec Security?

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

How does an increase in debt from Strattec Security affect the company?

An increase in debt of Strattec Security 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 Strattec Security affect the company?

A reduction in debt of Strattec Security 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 Strattec Security?

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

Why are the debts of Strattec Security so important for investors?

The debts of Strattec Security 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 Strattec Security take to change the debt?

To change the debt, Strattec Security 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 Strattec Security pay?

Over the past 12 months, Strattec Security paid a dividend of 0.14 USD . This corresponds to a dividend yield of about 0.38 %. For the coming 12 months, Strattec Security is expected to pay a dividend of 0 USD.

What is the dividend yield of Strattec Security?

The current dividend yield of Strattec Security is 0.38 %.

When does Strattec Security pay dividends?

Strattec Security pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Strattec Security?

Strattec Security paid dividends every year for the past 3 years.

What is the dividend of Strattec Security?

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

In which sector is Strattec Security located?

Strattec Security is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Strattec Security kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Strattec Security from 3/27/2020 amounting to 0.14 USD, you needed to have the stock in your portfolio before the ex-date on 3/12/2020.

When did Strattec Security pay the last dividend?

The last dividend was paid out on 3/27/2020.

What was the dividend of Strattec Security in the year 2023?

In the year 2023, Strattec Security distributed 0 USD as dividends.

In which currency does Strattec Security pay out the dividend?

The dividends of Strattec Security are distributed in USD.

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Andere Kennzahlen von Strattec Security

Our stock analysis for Strattec Security 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 Strattec Security Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.