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
DateValue
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