Daktronics Inc

NASDAQ DAKT

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Daktronics Inc Debt to Tangible Net Worth Ratio 2 year CAGR for the year ending May 31, 2023: 266.35%

Daktronics Inc Debt to Tangible Net Worth Ratio 2 year CAGR is 266.35% for the year ending May 31, 2023. The debt to tangible net worth ratio measures the level of debt relative to a company's tangible net worth. It is calculated by dividing total debt by the difference between shareholders' equity and intangible assets (such as goodwill). This ratio provides insights into the company's financial leverage, excluding intangible assets. A higher ratio suggests a higher level of debt burden in relation to tangible net worth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NASDAQ: DAKT

Daktronics Inc

CEO Mr. Reece A. Kurtenbach
IPO Date Feb. 10, 1994
Location United States
Headquarters 201 Daktronics Drive, Brookings, SD, United States, 57006
Employees 2,441
Sector Technology
Industry Electronic components
Description

Daktronics, Inc. designs, manufactures, and markets electronic display systems and related products for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments. The company also offers video display and walls; scoreboards and timing systems; message displays; intelligent transportation systems dynamic message signs; mass transit display; sound systems; and digital billboards, street furniture, and digit and price displays. In addition, it provides indoor dynamic messaging systems and liquid crystal display signs; and software and controllers, which includes Venus, a control suite software to control the creation of messages and graphic sequences for uploading to displays. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.

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StockViz Staff

September 20, 2024

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