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Net Interest Expenses for Sono-Tek Corp

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SOTK: Sono-Tek Corp

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and researc...

3.65 USD
Price
USD
Fair Value
Upside
3.50 - 6.05
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Sono-Tek Corp's Net Interest Expenses:

Feb 2016Feb 2018Feb 2020Feb 2022Feb 20240 K200 K400 K600 K

Performance Summary
  • Sono-Tek's latest twelve months net interest expenses is 509.034 thousand
  • Sono-Tek's net interest expenses for fiscal years ending February 2020 to 2024 averaged 146.108 thousand.
  • Sono-Tek's operated at median net interest expenses of 68.554 thousand from fiscal years ending February 2020 to 2024.
  • Looking back at the last 5 years, Sono-Tek's net interest expenses peaked in February 2024 at 529.735 thousand.
  • Sono-Tek's net interest expenses hit its 5-year low in February 2021 of -17.285 thousand.
  • Sono-Tek's net interest expenses decreased in 2020 (68.554 thousand, -29.1%) and 2021 (-17.285 thousand, -125.2%) and increased in 2022 (9.496 thousand, -154.9%), 2023 (140.042 thousand, +1,374.7%), and 2024 (529.735 thousand, +278.3%).

How does Sono-Tek Corp's Net Interest Expenses benchmark against competitors?

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We've identified the following companies as similar to Sono-Tek Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Net Interest Expenses

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net_interest_exp
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current
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Similar Metrics

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Metrics similar to Net Interest Expenses in the financials category include:

  • Other Payables - Miscellaneous payables.
  • Merger & Restructuring Charges - This item represents the sum of one-time Merger and Restructuring charges incurred by the company.
  • Prepaid Expenses - A current asset created by prepayment of costs and expenses for which the benefits will occur at a future date.
  • EBITA - Earnings before interest, taxes and amortization (EBITA) adjusted for certain one-time items.
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Net Interest Expenses

This item represents the interest expense net of interest income.

Definition of Net Interest Expenses

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-138 M-87.966 M-37.966 M56.809 M2006001,000

The chart above depicts the distribution of net interest expenses for companies operating in the Information Technology sector in the Developed economic region. Over 2,420 companies were considered in this analysis, and 2,328 had meaningful values. The average net interest expenses of companies in the sector is -1.792 M with a standard deviation of 14.328 M.

Sono-Tek Corp's Net Interest Expenses of 509.034 K ranks in the 80.4% percentile for the sector. The following table provides additional summary stats:

Net Interest Expenses In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,426
Included Constituents2,328
Min-134.9 M
Max55.758 M
Median-34.897 K
Mean-1.792 M
Standard Deviation14.328 M

You can find companies with similar net interest expenses using this stock screener.

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