TESSCO Technologies Incorporated Long-Term Debt 2011-2026 | TESS

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 TESSCO Technologies Incorporated

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
5.51 M	6.59 M	8.92 M	11.5 B	-	2.3 K	29.8 K	1.71 M	1.96 M	2.2 M	2.46 M	2.7 M	3 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
11.5 B	2.3 K	960 M

Quarterly Long-Term Debt TESSCO Technologies Incorporated

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
4.75 M	5.29 M	-	6.59 M	7.19 M	7.68 M	8.32 M	8.92 M	9.55 M	10.2 M	10.8 M	11.5 M	806 K	822 K	947 K	940 K	-	-	2.3 K	2.3 K	9.4 K	16.1 K	22.8 K	29.8 K	36.4 K	43 K	49.7 K	1.71 M	1.77 M	1.83 M	1.89 M	1.96 M	2.02 M	2.08 M	2.15 M	2.21 M	2.27 M	2.33 M	2.4 M	2.46 M	2.52 M	2.58 M	2.65 M	2.71 M	2.77 M	2.83 M	2.9 M	2.96 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
11.5 M	2.3 K	3.19 M

Long-Term Debt of other stocks in the Communication equipment industry

Issuer	Long-Term Debt	Price	% 24h	Market Cap	Country
Boxlight Corporation BOXL	32.9 M	-	-	$ 637 K	USA
Донской завод радиодеталей DZRD	680 M	-	-	-	Russia
AudioCodes Ltd. AUDC	1.2 M	$ 8.54	0.35 %	$ 243 M	Israel
Telefonaktiebolaget LM Ericsson (publ) ERIC	22.2 B	$ 12.0	0.6 %	$ 16.3 B	Schweden
Clearfield CLFD	5.93 M	$ 30.01	0.68 %	$ 420 M	USA
Akoustis Technologies AKTS	976 K	-	-6.6 %	$ 2.54 M	USA
AmpliTech Group AMPG	21.4 K	$ 2.3	1.32 %	$ 48.3 M	USA
Ceragon Networks Ltd. CRNT	13.3 M	$ 2.65	-4.68 %	$ 238 M	Israel
Digi International DGII	159 M	$ 58.85	0.7 %	$ 2.18 B	USA
Casa Systems CASA	3.42 M	-	-36.36 %	$ 3.66 M	USA
Cambium Networks Corporation CMBM	21.9 M	-	-	$ 11 M	Cayman-islands
Ciena Corporation CIEN	1.53 B	$ 576.79	5.88 %	$ 83.5 B	USA
ClearOne CLRO	290 K	$ 3.26	-4.4 %	$ 5.76 M	USA
Comtech Telecommunications Corp. CMTL	29.4 M	-	-	$ 113 M	USA
CommScope Holding Company COMM	7.26 B	-	-	$ 4.16 B	USA
Gilat Satellite Networks Ltd. GILT	4 M	$ 19.86	-1.05 %	$ 1.18 B	Israel
Harmonic HLIT	109 M	-	-	$ 1.38 B	USA
Acacia Communications, Inc. ACIA	1.41 M	-	-	$ 4.9 B	USA
Juniper Networks JNPR	1.22 B	-	-	$ 13.1 B	USA
Lantronix LTRX	8.68 M	$ 6.77	-1.88 %	$ 261 M	USA
EXFO Inc. EXFO	2.14 M	-	0.08 %	$ 356 M	Canada
Communications Systems, Inc. JCS	104 K	-	1.28 %	$ 16.3 M	USA
DZS DZSI	37.9 M	-	-50.0 %	$ 14.6 M	USA
Sierra Wireless SWIR	9.39 M	-	0.03 %	$ 1.62 B	Canada
Siyata Mobile SYTA	51.8 K	-	-4.66 %	$ 5.58 M	Canada
Motorola Solutions MSI	8.41 B	-	-	$ 72.2 B	USA
Blonder Tongue Laboratories BDR	4.09 M	-	-3.94 %	$ 4.09 M	USA
Vocera Communications, Inc. VCRA	117 M	-	-1.5 %	$ 2.03 B	USA
Ondas Holdings ONDS	3.83 M	$ 9.34	0.11 %	$ 2.07 M	USA
Frequency Electronics FEIM	6.73 M	$ 57.15	1.65 %	$ 549 M	USA
Sonim Technologies SONM	66 K	$ 5.26	7.35 %	$ 24.8 M	USA
Infinera Corporation INFN	659 M	-	-	$ 1.51 B	USA
Iteris ITI	6.21 M	-	-	$ 308 M	USA
KVH Industries KVHI	3.84 M	$ 10.49	11.24 %	$ 203 M	USA
Maxar Technologies MAXR	2.17 B	-	0.01 %	$ 4.17 B	USA
Knowles Corporation KN	114 M	$ 33.96	2.04 %	$ 2.93 B	USA
Ubiquiti UI	670 M	$ 1 028.31	1.32 %	$ 62.2 B	USA
Viavi Solutions VIAV	396 M	$ 53.0	-1.8 %	$ 11.8 B	USA
Viasat VSAT	7.13 B	$ 67.3	2.64 %	$ 7.89 B	USA
Network-1 Technologies NTIP	94 K	$ 1.51	4.86 %	$ 34.5 M	USA
NETGEAR NTGR	41 M	$ 25.56	-0.23 %	$ 731 M	USA
Zebra Technologies Corporation ZBRA	2.36 B	$ 229.76	0.6 %	$ 11.7 B	USA
Optical Cable Corporation OCC	54.2 K	$ 10.22	2.92 %	$ 79.2 M	USA
EchoStar Corporation SATS	18.7 B	$ 125.75	7.17 %	$ 36.2 B	USA
BK Technologies Corporation BKTI	1.26 M	-	-	$ 335 M	USA
CalAmp Corp. CAMP	238 M	$ 4.06	2.01 %	$ 140 M	USA
Extreme Networks EXTR	164 M	$ 23.54	-0.72 %	$ 3.12 B	USA