Rekor Systems Inc

NASDAQ REKR

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Rekor Systems Inc Asset Coverage Ratio 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -40.40%

Rekor Systems Inc Asset Coverage Ratio 3 year CAGR is -40.40% for the Trailing 12 Months (TTM) ending March 31, 2024, a -127.29% change year over year. The asset coverage ratio assesses the extent to which a company's tangible assets can cover its total debt obligations. It is calculated by dividing the difference between total assets and intangible assets by total debt. This ratio provides an indication of a company's ability to repay its debt using its tangible assets. A higher asset coverage ratio suggests a lower financial risk, as the company has a greater cushion of tangible assets to support its debt obligations. 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.
  • Rekor Systems Inc Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 14.96, a -74.86% change year over year.
  • Rekor Systems Inc Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 59.50, a 197.60% change year over year.
  • Rekor Systems Inc Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 19.99, a 1,939.90% change year over year.
  • Rekor Systems Inc Asset Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.98, a -50.51% change year over year.
NASDAQ: REKR

Rekor Systems Inc

CEO Mr. Robert Alan Berman
IPO Date Aug. 29, 2017
Location United States
Headquarters 6721 Columbia Gateway Drive, Columbia, MD, United States, 21046
Employees 347
Sector Technology
Industry Software - infrastructure
Description

Rekor Systems, Inc., a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. It also offers Rekor AutoNotice, a cloud-based financial management application that delivers a turnkey information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be accessed for a range of commercial applications. In addition, the company offers Rekor Edge Max System, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. Further, it provides traffic services, including traditional traffic studies, which delivers data and insights for planning and management of roadway infrastructure and commercial initiatives; innovative AI-driven traffic studies for traffic management; and traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.

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StockViz Staff

September 20, 2024

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