Transportation & Logistics Systems (TLSS) Debt Ratio (2011 - 2023)
Transportation & Logistics Systems (TLSS) posted quarterly Debt Ratio of 0.07 for Q3 2023, down 64.32% year-over-year from 0.21 in Q3 2022, and up 23.41% on a QoQ basis from 0.06 in Q2 2023.
Transportation & Logistics Systems (TLSS) Debt Ratio (2011 - 2023) Analysis & Trends
Transportation & Logistics Systems (TLSS) has reported Debt Ratio for 9 consecutive years, with 0.07 the latest figure, recorded in Q3 2023.
- In Q3 2023, Debt Ratio fell 64.32% year-over-year to 0.07; the TTM figure through Sep 2023 stood at 0.07 (down 64.32% YoY), while the FY2022 annual figure was 0.04, up 2889.55% from the prior year.
- Debt Ratio came in at 0.07 for Q3 2023 at Transportation & Logistics Systems, up from 0.06 in the prior quarter.
- The five-year high for Debt Ratio was 1.27 in Q4 2020, with the low at 0.0 in Q4 2021.
- Average Debt Ratio over 5 years is 0.28, with a median of 0.1 recorded in 2019.
- Across the five-year window, Debt Ratio sank 99.9% in 2021 and surged 2889.55% in 2022, its largest moves.
- Year by year, Debt Ratio stood at 0.51 in 2019, then jumped by 146.23% to 1.27 in 2020, then tumbled by 99.9% to 0.0 in 2021, then soared by 2889.55% to 0.04 in 2022, then soared by 91.79% to 0.07 in 2023.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.07, 0.06, and 0.06 for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 0.33 |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 0.01 |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 0.40 |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 0.10 |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 0.03 |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 0.08 |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 0.14 |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 0.09 |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 0.27 |
| 10 | Transportation & Logistics Systems | 0.00 | -15,835.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.07 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.21 |
| Dec 31, 2021 | 0.00 |
| Jun 30, 2021 | 0.08 |
| Mar 31, 2021 | 0.77 |
| Dec 31, 2020 | 1.27 |
| Sep 30, 2020 | 0.75 |
| Jun 30, 2020 | 0.11 |
| Dec 31, 2019 | 0.51 |
| Sep 30, 2019 | 0.34 |
| Mar 31, 2019 | 0.09 |
| Dec 31, 2018 | 0.10 |
| Sep 30, 2018 | 2.85 |
| Jun 30, 2018 | 0.12 |
| Mar 31, 2018 | 0.88 |
| Mar 31, 2017 | 0.95 |
| Mar 31, 2012 | 1,020.78 |