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| Date | Value |
|---|---|
| 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 |