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Mitek Systems MITK
$ 17.24 1.89%
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Quarterly report 2026-Q3
added 08-06-2026

Mitek Systems Long-Term Debt | MITK

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:
  • Term exceeds 12 months
  • Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
  • Repaid through regular payments (interest and/or principal) over several years
Why long-term debt is needed:
  • Investment in development
    Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
  • Smoothing of cash flows
    A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
  • Optimization of capital structure
    A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:
  • Mortgage loans for property purchases
  • Corporate bonds issued by a company to raise capital
  • Project financing — long-term loans for building or expanding production facilities
  • Leasing obligations for equipment or transport

Annual Long-Term Debt Mitek Systems

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
4.34 M 2.7 M 2.87 M 4.11 M 6.59 M - - - - - - - - - - 680 K -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
6.59 M 680 K 3.55 M

Quarterly Long-Term Debt Mitek Systems

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
46.6 M 47.5 M 4.78 M 4.78 M 2.08 M 2.06 M 2.17 M 2.32 M 4.23 M 2.41 M - 2.79 M 2.87 M 2.97 M 3.49 M 3.89 M 4.11 M 4.78 M 5.48 M 6 M 6.59 M 7.18 M 6.59 M 5.02 M 5.33 M 5.33 M 5.33 M 6.71 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
47.5 M 2.06 M 7.53 M

Long-Term Debt of other stocks in the Software industry

Issuer Long-Term Debt Price % 24h Market Cap Country
The Trade Desk The Trade Desk
TTD
360 M $ 12.96 1.13 % $ 6.33 B usaUSA
SolarWinds Corporation SolarWinds Corporation
SWI
1.19 B - - $ 3.13 B usaUSA
Tyler Technologies Tyler Technologies
TYL
600 M $ 420.36 -2.48 % $ 18.1 B usaUSA
Unity Software Unity Software
U
1.68 B $ 51.49 5.43 % $ 21.7 B usaUSA
Tufin Software Technologies Ltd. Tufin Software Technologies Ltd.
TUFN
17.8 M - -0.76 % $ 475 M usaUSA
Uber Technologies Uber Technologies
UBER
10.5 B $ 68.58 -0.32 % $ 143 B usaUSA
F5 Networks F5 Networks
FFIV
231 M $ 310.98 -0.24 % $ 18 B usaUSA
CDK Global CDK Global
CDK
1.58 B - 0.06 % $ 6.34 B usaUSA
LivePerson LivePerson
LPSN
512 M $ 3.1 0.97 % $ 24.3 M usaUSA
Benefitfocus Benefitfocus
BNFT
74.8 M - - $ 362 M usaUSA
Everbridge Everbridge
EVBG
364 M - - $ 1.42 B usaUSA
Veritone Veritone
VERI
41.2 M $ 0.48 0.44 % $ 30.4 M usaUSA
Absolute Software Corporation Absolute Software Corporation
ABST
7.21 M - - $ 811 M canadaCanada
Vertex Vertex
VERX
337 M $ 17.08 -2.93 % $ 2.77 B usaUSA
Varonis Systems Varonis Systems
VRNS
452 M $ 48.78 0.09 % $ 5.58 B usaUSA
VeriSign VeriSign
VRSN
1.79 B $ 309.15 -0.93 % $ 28.9 B usaUSA
GoDaddy GoDaddy
GDDY
3.77 B $ 115.29 -4.02 % $ 15.9 B usaUSA
Cheetah Mobile Cheetah Mobile
CMCM
6.22 M $ 2.3 -5.15 % $ 3.53 B -
Workday Workday
WDAY
2.99 B $ 193.02 -3.57 % $ 51.2 B usaUSA
WEX WEX
WEX
3.53 B $ 182.6 1.32 % $ 6.48 B usaUSA
Wipro Limited Wipro Limited
WIT
22.2 B $ 2.16 -0.23 % $ 22.6 B indiaIndia
Wix.com Ltd. Wix.com Ltd.
WIX
418 M $ 76.0 -0.9 % $ 4.22 B israelIsrael
Workiva Workiva
WK
13.2 M $ 72.79 -14.98 % $ 4.1 B usaUSA
Yext Yext
YEXT
98 M $ 7.56 -0.92 % $ 934 M usaUSA
Zscaler Zscaler
ZS
94.6 M $ 197.54 -3.11 % $ 31.6 B usaUSA
Cadence Design Systems Cadence Design Systems
CDNS
2.48 B $ 320.18 2.81 % $ 86.9 B usaUSA
Anaplan Anaplan
PLAN
6.92 M - 0.03 % $ 9.54 B usaUSA
Nuance Communications Nuance Communications
NUAN
868 M - -0.04 % $ 17.6 B usaUSA
Intuit Intuit
INTU
6.42 B $ 341.52 -3.75 % $ 94.3 B usaUSA
JFrog Ltd. JFrog Ltd.
FROG
6.68 M $ 101.28 35.73 % $ 11.8 B usaUSA
Auddia Auddia
AUUD
14.5 K $ 0.47 -18.94 % $ 646 K usaUSA
Grid Dynamics Holdings Grid Dynamics Holdings
GDYN
10.8 M $ 13.1 -3.21 % $ 1.11 B usaUSA
Manhattan Associates Manhattan Associates
MANH
56.2 M $ 252.8 -0.93 % $ 15.3 B usaUSA
EVO Payments EVO Payments
EVOP
623 M - - $ 1.77 B usaUSA
Micro Focus International plc Micro Focus International plc
MFGP
120 M - - $ 1.81 B britainBritain
Kingsoft Cloud Holdings Limited Kingsoft Cloud Holdings Limited
KC
3.02 B $ 8.51 4.16 % $ 35 B chinaChina
Model N Model N
MODN
280 M - - $ 1.14 B usaUSA
ChannelAdvisor Corporation ChannelAdvisor Corporation
ECOM
1.18 M - 0.02 % $ 668 M usaUSA
Black Knight Black Knight
BKI
2.62 B - -0.02 % $ 11.7 B usaUSA
Ideanomics Ideanomics
IDEX
3.94 M - -4.36 % $ 451 M usaUSA
Marin Software Incorporated Marin Software Incorporated
MRIN
394 K - - $ 15.9 M usaUSA
McAfee Corp. McAfee Corp.
MCFE
2.86 B - 0.27 % $ 11.2 B usaUSA
SeaChange International SeaChange International
SEAC
691 K - -2.2 % $ 243 M usaUSA
ANSYS ANSYS
ANSS
754 M - - $ 32.7 B usaUSA
Evolving Systems Evolving Systems
EVOL
319 K - -8.47 % $ 13.9 M usaUSA
Altair Engineering Altair Engineering
ALTR
24.1 M - - $ 9.4 B usaUSA
Brightcove Brightcove
BCOV
17.4 M - - $ 192 K usaUSA
Ebix Ebix
EBIX
147 K - -30.99 % $ 36.3 M usaUSA
Qualtrics International Qualtrics International
XM
261 M - - $ 11 B usaUSA