Strategic Acquisitions (STQN) Debt Ratio (2022 - 2024)
Strategic Acquisitions' (STQN) quarterly Debt Ratio came in at 0.18 in Q2 2024, down 48.39% on a YoY basis from 0.35 in Q3 2023, and up 11.64% quarter-over-quarter from 0.16 in Q1 2024.
Analysis
Strategic Acquisitions (STQN) Debt Ratio (2022 - 2024) Analysis & Trends
Strategic Acquisitions (STQN) has reported Debt Ratio for 3 consecutive years, with 0.18 the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Debt Ratio fell 48.39% year-over-year to 0.18; the trailing twelve-month figure through Jun 2024 stood at 0.18 (down 48.39% YoY), and the FY2023 full-year result was 0.24, down 41.87% from the prior year.
- Debt Ratio climbed to 0.18 in Q2 2024 per STQN's latest filing, from 0.16 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.42 in Q4 2022 and bottomed at 0.16 in Q1 2024.
- Historically, Debt Ratio has averaged 0.3 across 3 years, with a median of 0.35 in 2023.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio slumped 41.87% in 2023, then tumbled 54.06% in 2024.
- Over 3 years, Debt Ratio stood at 0.42 in 2022, then plunged by 41.87% to 0.24 in 2023, then retreated by 25.82% to 0.18 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.18, 0.16, and 0.24 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 44.18 Bn | 44.51 Bn | 4.68 Bn | 0.35 |
| 2 | Royalty Pharma | 33.59 Bn | 35.70 Bn | - | 0.47 |
| 3 | Royal Gold | 21.14 Bn | 21.00 Bn | 390.45 Mn | 0.04 |
| 4 | OR Royalties | 6.88 Bn | 6.81 Bn | 82.22 Mn | - |
| 5 | Encore Capital | 2.11 Bn | 1.93 Bn | 455.04 Mn | - |
| 6 | Atlanticus Holdings | 1.41 Bn | 851.50 Mn | 686.46 Mn | 0.84 |
| 7 | Jefferson Capital | 1.18 Bn | 1.16 Bn | - | 0.93 |
| 8 | Lufax Holding | 1.04 Bn | -1.23 Bn | - | 0.38 |
| 9 | Upbound | 998.67 Mn | 893.37 Mn | 594.84 Mn | 0.46 |
| 10 | Strategic Acquisitions | 18.20 Mn | 17.95 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.16 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.42 |