Transportation & Logistics Systems (TLSS) Debt to Equity (2011 - 2023)
Transportation & Logistics Systems (TLSS) posted quarterly Debt to Equity of -$3.32 for Q3 2023, down 694.82% year-over-year from $0.56 in Q3 2022, and down 505.42% on a QoQ basis from $0.82 in Q2 2023.
Transportation & Logistics Systems (TLSS) Debt to Equity (2011 - 2023) Analysis & Trends
Transportation & Logistics Systems (TLSS) has reported Debt to Equity for 10 consecutive years, with -$3.32 the latest figure, recorded in Q3 2023.
- In Q3 2023, Debt to Equity fell 694.82% year-over-year to -$3.32; the TTM figure through Sep 2023 stood at -$3.32 (down 694.82% YoY), while the FY2022 annual figure was $0.15, up 10236.95% from the prior year.
- Debt to Equity came in at -$3.32 for Q3 2023 at Transportation & Logistics Systems, down from $0.82 in the prior quarter.
- The five-year high for Debt to Equity was $0.82 in Q2 2023, with the low at -$3.32 in Q3 2023.
- Average Debt to Equity over 5 years is -$0.18, with a median of -$0.04 recorded in 2021.
- Across the five-year window, Debt to Equity jumped 10236.95% in 2022 and tumbled 694.82% in 2023, its largest moves.
- Year by year, Debt to Equity stood at -$0.17 in 2019, then tumbled by 61.8% to -$0.28 in 2020, then jumped by 100.52% to $0.0 in 2021, then soared by 10236.95% to $0.15 in 2022, then plunged by 2298.91% to -$3.32 in 2023.
- According to Business Quant data, Debt to Equity over the past three periods registered -$3.32, $0.82, and $0.38 for Q3 2023, Q2 2023, and Q1 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | - |
| 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 | 1.77 |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 0.16 |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 0.04 |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 0.13 |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 0.30 |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 0.17 |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 0.65 |
| 10 | Transportation & Logistics Systems | 0.00 | -15,835.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -3.32 |
| Jun 30, 2023 | 0.82 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.56 |
| Dec 31, 2021 | 0.00 |
| Jun 30, 2021 | -0.05 |
| Mar 31, 2021 | -0.36 |
| Dec 31, 2020 | -0.28 |
| Sep 30, 2020 | -0.28 |
| Jun 30, 2020 | -0.01 |
| Dec 31, 2019 | -0.17 |
| Sep 30, 2019 | -0.28 |
| Mar 31, 2019 | -0.03 |
| Dec 31, 2018 | -0.09 |
| Sep 30, 2018 | -1.04 |
| Jun 30, 2018 | -0.12 |
| Mar 31, 2018 | -0.54 |
| Mar 31, 2017 | -0.26 |
| Sep 30, 2013 | -0.92 |