What is the equity of Track Group this year?
Track Group has equity of -8.49 M USD this year.
Track Group Equity 2024
Track Group Equity
-8.49 M USD
Ticker
TRCK
ISIN
US89237L1017
WKN
A14TVY
In 2024, Track Group's equity was -8.49 M USD, a 68.02% increase from the -5.05 M USD equity in the previous year.
Track Group Aktienanalyse
What does Track Group do?
Track Group Inc. is a multinational company that was founded in 1989 and specializes in providing surveillance and security solutions. Originally started as a mobile phone manufacturer, the company has evolved over the years to become a leading provider of technology solutions for correctional agencies, social services, authorities, and jurisdictions worldwide. The company's business model is based on offering products and services that support law enforcement agencies and social services in their work and improve their efficiency. They utilize modern technology and analytics methods for monitoring probationers, individuals on house arrest, and other persons under surveillance. To deliver these solutions, the company has expanded its operations into multiple divisions, each focusing on specific technologies, products, and servicing different markets. One division, Electronic Monitoring (EM), specializes in monitoring individuals on house arrest or probation by offering various types of electronic ankle bracelets and surveillance systems that enable authorities to track their activities around the clock. The second division, Community Corrections (CC), focuses on solutions for correctional agencies, providing tools and technologies to facilitate the work of correctional officers and improve inmate management. The third division, Health Solutions (HS), concentrates on medical solutions and care, developing medical devices and software platforms to enhance the healthcare of inmates. In addition to these divisions, Track Group also offers hardware and software solutions specifically designed for law enforcement agencies and jurisdictions. Their proprietary software platform, called "Web-based Integrated System Platform (WISP)," facilitates monitoring, management, and data access for authorities. Overall, Track Group offers a wide range of products and solutions that position the company as a leader in the field of monitoring and controlling individuals. Their goal is to ease the work of government agencies and ensure the safety of citizens. The company has gained respect and recognition in the international industry, thanks to its innovation and continuous efforts in developing new solutions and applications. Numerous customers and partners have already benefitted from the professional and effective solutions provided by Track Group Inc. Track Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Track Group's Equity
Track Group's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Track Group's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Track Group's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Track Group's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Track Group’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Track Group stock
What was the equity of Track Group compared to the previous year?
The equity of Track Group has increased/decreased by 68.02% increased compared to the previous year.
What impact does a high equity have on investors of Track Group?
A high equity is advantageous for investors of Track Group as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Track Group?
A low equity can be a risk for investors of Track Group, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Track Group affect the company?
An increase in equity of Track Group can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Track Group affect the company?
A reduction in equity of Track Group can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Track Group?
Some factors that can affect the equity of Track Group include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Track Group so important for investors?
The equity of Track Group is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Track Group take to change the equity?
To change equity, Track Group can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Track Group pay?
Over the past 12 months, Track Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Track Group is expected to pay a dividend of 0 USD.
What is the dividend yield of Track Group?
The current dividend yield of Track Group is .
When does Track Group pay dividends?
Track Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Track Group?
Track Group paid dividends every year for the past 0 years.
What is the dividend of Track Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Track Group located?
Track Group is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Track Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Track Group from 9/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.
When did Track Group pay the last dividend?
The last dividend was paid out on 9/10/2024.
What was the dividend of Track Group in the year 2023?
In the year 2023, Track Group distributed 0 USD as dividends.
In which currency does Track Group pay out the dividend?
The dividends of Track Group are distributed in USD.
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Andere Kennzahlen von Track Group
Our stock analysis for Track Group 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 Track Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
