Specificity (SPTY) Debt Ratio (2020 - 2023)

Specificity (SPTY) posted Debt Ratio of 0.93 for Q3 2023, down 22.45% sequentially from 1.2 in Q2 2023, and down 33.37% YoY from 1.4 in Q3 2022.

Specificity (SPTY) Debt Ratio (2020 - 2023) Analysis & Trends

Specificity has reported Debt Ratio for 4 years, with the latest figure at 0.93 in Q3 2023.

Quarterly Debt Ratio fell 33.37% year-over-year to 0.93 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 0.93 (down 33.37% YoY) and the FY2021 annual result came in at 1.4, up 1242.7% from the prior year.
Debt Ratio slipped to 0.93 in Q3 2023 per SPTY's latest filing, from 1.2 in the prior quarter.
Over five years, Debt Ratio peaked at 5.46 in Q2 2022 and troughed at 0.1 in Q4 2020.
A 4-year average of 2.08 and a median of 1.4 in 2022 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2021 and 2023: Debt Ratio jumped 1242.7% in 2021, then tumbled 78.04% in 2023.
Over 4 years, Debt Ratio stood at 0.1 in 2020, then soared by 1242.7% to 1.4 in 2021, then slipped by 0.18% to 1.4 in 2022, then slumped by 33.37% to 0.93 in 2023.
According to Business Quant data, Debt Ratio over the past three periods registered 0.93, 1.2, and 1.4 for Q3 2023, Q2 2023, and Q3 2022 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	AppLovin	103.70 Bn	100.65 Bn	1.70 Bn	0.43
2	Omnicom	24.37 Bn	21.03 Bn	1.30 Bn	0.20
3	Trade Desk	6.27 Bn	4.78 Bn	530.72 Mn	-
4	Wpp	5.67 Bn	2.50 Bn	-	-
5	Magnite	3.35 Bn	3.02 Bn	130.79 Mn	0.12
6	Stagwell	2.09 Bn	1.98 Bn	269.24 Mn	0.35
7	DoubleVerify Holdings	2.05 Bn	1.84 Bn	161.31 Mn	-
8	Ziff Davis	2.02 Bn	410.50 Mn	241.03 Mn	0.25
9	Clear Channel Outdoor Holdings	1.22 Bn	1.02 Bn	241.86 Mn	1.36
10	Specificity	5.50 Mn	5.49 Mn	80,392.00	-

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