What is the level of liabilities of Track Group this year?
Track Group has a debt balance of 48.74 M USD this year.
Track Group Liabilities 2024
Track Group Liabilities
48.74 M USD
Ticker
TRCK
ISIN
US89237L1017
WKN
A14TVY
In 2024, Track Group's total liabilities amounted to 48.74 M USD, a -2.01% difference from the 49.74 M USD total liabilities 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.Liabilities Details
Assessing Track Group's Liabilities
Track Group'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 Track Group's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Track Group'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
Track Group'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 Track Group’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 Track Group stock
What were the liabilities of Track Group compared to the previous year?
The liabilities of Track Group have increased by -2.01% dropped compared to the previous year.
What are the consequences of high debt for investors of Track Group?
High liabilities can pose a risk for investors of Track Group, 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 Track Group?
Low liabilities mean that Track Group has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Track Group affect the company?
An increase in liabilities of Track Group 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 Track Group affect the company?
A decrease in the liabilities of Track Group 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 Track Group?
Some factors that can influence the liabilities of Track Group include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Track Group so important for investors?
The liabilities of Track Group 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 Track Group take to modify the liabilities?
To change its liabilities, Track Group 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 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.
