Specificity (SPTY) Debt Ratio (2021 - 2023)

Specificity (SPTY) recorded quarterly Debt Ratio of 0.93 in Q3 2023, down 22.45% quarter-over-quarter from 1.2 in Q2 2023, and down 33.37% year-on-year from 1.4 in Q3 2022.

Specificity (SPTY) Debt Ratio (2021 - 2023) Analysis & Trends

Specificity has disclosed Debt Ratio across 3 years of filings, most recently posting 0.93 for Q3 2023.

  • For the quarter ending Q3 2023, Debt Ratio fell 33.37% year-over-year to 0.93; the trailing twelve-month figure through Sep 2023 stood at 0.93 (down 33.37% YoY), and the FY2021 full-year result was 1.4, changed N/A from the prior year.
  • Debt Ratio was 0.93 for Q3 2023 at Specificity, down from 1.2 in the prior quarter.
  • Over five years, Debt Ratio peaked at 5.46 in Q2 2022 and troughed at 0.93 in Q3 2023.
  • The 3-year median for Debt Ratio is 1.4 (2021), against an average of 2.36.
  • Biggest YoY gain for Debt Ratio was 33.37% in 2023; the steepest drop was 78.04% in 2023.
  • Year by year, Debt Ratio stood at 1.4 in 2021, then decreased by 0.18% to 1.4 in 2022, then tumbled by 33.37% to 0.93 in 2023.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.93 in Q3 2023, 1.2 in Q2 2023, and 1.4 in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 0.46
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 0.20
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn -
4 Wpp 2.71 Bn -875.81 Mn - 0.21
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn -
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 0.12
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 0.26
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn -
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 0.34
10 Specificity - - 74,366.00 -

Historic Data

Download Data
DateValue
Sep 30, 2023 0.93
Jun 30, 2023 1.20
Sep 30, 2022 1.40
Jun 30, 2022 5.46
Mar 31, 2022 1.87
Dec 31, 2021 1.40
Sep 30, 2021 4.24