Transportation And Logistics Systems Inc (TLSS)
0.0001
0.00 (0.00%)
USD |
OTCM |
May 06, 15:01
Transportation And Logistics Systems Debt to Equity Ratio: -16.28 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | -16.28 |
| June 30, 2023 | 4.461 |
| March 31, 2023 | 1.932 |
| December 31, 2022 | 1.052 |
| September 30, 2022 | 0.612 |
| June 30, 2022 | 0.00 |
| March 31, 2022 | 0.00 |
| December 31, 2021 | 0.0347 |
| September 30, 2021 | 0.3275 |
| June 30, 2021 | -0.5722 |
| March 31, 2021 | -0.479 |
| December 31, 2020 | -0.1158 |
| September 30, 2020 | -0.5225 |
| June 30, 2020 | -0.127 |
| Date | Value |
|---|---|
| March 31, 2020 | -0.3071 |
| December 31, 2019 | -0.509 |
| September 30, 2019 | -0.6603 |
| June 30, 2019 | -1.015 |
| March 31, 2019 | -0.2812 |
| December 31, 2018 | -0.46 |
| September 30, 2018 | -0.1712 |
| June 30, 2018 | -0.284 |
| March 31, 2018 | -0.5578 |
| December 31, 2017 | -0.3517 |
| September 30, 2017 | -0.1855 |
| June 30, 2017 | -0.0379 |
| March 31, 2017 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-16.28
Minimum
Sep 2023
4.461
Maximum
Jun 2023
-0.6762
Average
-0.1214
Median
Debt to Equity Ratio Benchmarks
| ArcBest Corp | 0.1735 |
| Covenant Logistics Group Inc | 0.6121 |
| Heartland Express Inc | 0.3106 |
| JB Hunt Transport Services Inc | 0.328 |
| Landstar System Inc | 0.0508 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 23.03M |
| Total Liabilities (Quarterly) | 23.55M |
| Shareholders Equity (Quarterly) | -0.5188M |
| Current Ratio | 0.1841 |
| Net Debt Paydown Yield | -37.71% |