Transportation And Logistics Systems (Transportation And Logistics Systems) Cash-to-Debt : 0.01 (As of Sep. 2023)

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What is Transportation And Logistics Systems Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Transportation And Logistics Systems's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Transportation And Logistics Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Transportation And Logistics Systems's Cash-to-Debt or its related term are showing as below:

TLSS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.18 Max: No Debt
Current: 0.01

During the past 13 years, Transportation And Logistics Systems's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.18.

TLSS's Cash-to-Debt is ranked worse than
99.07% of 966 companies
in the Transportation industry
Industry Median: 0.49 vs TLSS: 0.01

Transportation And Logistics Systems Cash-to-Debt Historical Data

The historical data trend for Transportation And Logistics Systems's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Transportation And Logistics Systems Cash-to-Debt Chart

Transportation And Logistics Systems Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.08

0.01

0.31

20.57

0.10

Transportation And Logistics Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.10	0.02	0.04	0.01

Competitive Comparison of Transportation And Logistics Systems's Cash-to-Debt

For the Trucking subindustry, Transportation And Logistics Systems's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Transportation And Logistics Systems's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Transportation And Logistics Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Transportation And Logistics Systems's Cash-to-Debt falls into.

Transportation And Logistics Systems Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Transportation And Logistics Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.471	/	(7.034	+	7.245)
	=	0.10

Transportation And Logistics Systems's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.099	/	(9.989	+	9.23)
	=	0.01

Transportation And Logistics Systems (OTCPK:TLSS) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Transportation And Logistics Systems Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Transportation And Logistics Systems's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Transportation And Logistics Systems (Transportation And Logistics Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transportation And Logistics Systems Inc (OTCPK:TLSS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5500 Military Trail, Suite 22-357, Jupiter, FL, USA, 33458

Website

https://www.tlss-inc.com

Transportation And Logistics Systems Inc is a United States based company focused on providing integrated transportation management solution. It provides brokerage and logistics services such as transportation scheduling, routing and other value-added services related to the transportation of automobiles and other freight, which involve the use of independent contractor-owned trucks and equipment. The company generates revenue from customers contracting to transport a vehicle from location to location. Tt operates in one operating segment related to its full suite of logistics and transportation services, specializing in last mile deliveries, two-person home and commercial deliveries, mid-mile, and long-haul services.

Executives

Sebastian Giordano	director, officer: Chief Executive Officer	ONE EAST UWCHLAN AVENUE, SUITE 301, EXTON PA 19341
Newton Norman Francis Jr.	director	9208 GRAND SUMMIT BOULEVARD, DRIPPING SPRINGS TX 78620
James Paul Giordano	officer: CFO	129 GLENWOOD ROAD, GLENWOOD LANDING NY 11547
Charles F Benton	director	600 EAGLEVIEW BOULEVARD, SUITE 300, EXTON PA 19341
Puritan Partners Llc	10 percent owner	369 LEXINGTON AVE. 25TH FLOOR, NEW YORK NY 10017
Reddiamond Partners Llc	10 percent owner	156 WEST SADDLE RIVER ROAD, SADDLE RIVER NJ 07458
Douglas Cerny	director, officer: Chief Development Officer	2123 SW 10TH AVENUE, FT. LAUDERDALE FL 33315
John Jr Mercadante	director, 10 percent owner, officer: Chief Executive Officer	2700 DONALD ROSS RD., SUITE 100, PALM BEACH GARDENS FL 33410
Steven Yariv	director, officer: Chief Executive Officer.	2833 EXCHANGE COURT, SUITE A, WEST PALM BEACH FL 33409
John Jay Barton	director, 10 percent owner, officer: CEO	2355 WESTWOOD BLVD., APT. 257, LOS ANGELES CA 90064
Kurt Reinecke	officer: Chief Operating Officer	13195 W. AUBURN PL, LAKEWOOD CO 80228
Patrick Garrett	director, officer: Chief Executive Officer	6133 SW CORBETT AVENUE, PORTLAND OR 97239
Frederic D Knight	director, officer: Chief Executive Officer	PO BOX 231599, CENTREVILLE VA 20120
Christopher Aaron Wilson	director, officer: Secretary	2 PARK PLAZA #450, IRVINE CA 92614