Transportation And Logistics Systems (Transportation And Logistics Systems) Debt-to-Equity : -37.03 (As of Sep. 2023)

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

Transportation And Logistics Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $9.99 Mil. Transportation And Logistics Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $9.23 Mil. Transportation And Logistics Systems's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.52 Mil. Transportation And Logistics Systems's debt to equity for the quarter that ended in Sep. 2023 was -37.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

TLSS' s Debt-to-Equity Range Over the Past 10 Years
Min: -37.03 Med: -0.05 Max: 10.77
Current: -37.03

During the past 13 years, the highest Debt-to-Equity Ratio of Transportation And Logistics Systems was 10.77. The lowest was -37.03. And the median was -0.05.

TLSS's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.55 vs TLSS: -37.03

Transportation And Logistics Systems Debt-to-Equity Historical Data

The historical data trend for Transportation And Logistics Systems's Debt-to-Equity 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.

* Premium members only.

Transportation And Logistics Systems Debt-to-Equity Chart

Transportation And Logistics Systems Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

-0.46

-0.65

-0.12

0.04

2.60

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
Debt-to-Equity	Get a 7-Day Free Trial															1.51	2.60	5.07	10.77	-37.03

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

For the Trucking subindustry, Transportation And Logistics Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Transportation Industry

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

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

Transportation And Logistics Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.034	+	7.245)	/	5.5
	=	2.60

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.989	+	9.23)	/	-0.519
	=	-37.03

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Transportation And Logistics Systems Debt-to-Equity Related Terms

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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 » Debt-to-Equity

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