Unique Logistics International (Unique Logistics International) Debt-to-Equity : 16.06 (As of Feb. 2024)

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What is Unique Logistics International Debt-to-Equity?

Unique Logistics International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $15.7 Mil. Unique Logistics International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $28.3 Mil. Unique Logistics International's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $2.7 Mil. Unique Logistics International's debt to equity for the quarter that ended in Feb. 2024 was 16.06.

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 Unique Logistics International's Debt-to-Equity or its related term are showing as below:

UNQL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.59 Med: 4.02 Max: 16.06
Current: 16.06

During the past 4 years, the highest Debt-to-Equity Ratio of Unique Logistics International was 16.06. The lowest was 1.59. And the median was 4.02.

UNQL's Debt-to-Equity is ranked worse than
98.87% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs UNQL: 16.06

Unique Logistics International Debt-to-Equity Historical Data

The historical data trend for Unique Logistics International'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.

Unique Logistics International Debt-to-Equity Chart

Unique Logistics International Annual Data

Trend

May20

May21

May22

May23

Debt-to-Equity

13.72

1.59

7.19

2.58

Unique Logistics International Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial												3.13	2.58	3.59	5.06	16.06

Competitive Comparison of Unique Logistics International's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Unique Logistics International'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.

Unique Logistics International's Debt-to-Equity Distribution in the Transportation Industry

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

* The bar in red indicates where Unique Logistics International's Debt-to-Equity falls into.

Unique Logistics International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Unique Logistics International's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(15.231	+	20.962)	/	14.05
	=	2.58

Unique Logistics International's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(15.651	+	28.324)	/	2.738
	=	16.06

Unique Logistics International (OTCPK:UNQL) 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.

Unique Logistics International Debt-to-Equity Related Terms

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Unique Logistics International (Unique Logistics International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Unique Logistics International Inc (OTCPK:UNQL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

154-09, 146th Avenue, Jamaica, NY, USA, 11434

Website

https://www.unique-logistics.com

Unique Logistics International Inc is a logistics and freight forwarding company. Its services include Air Freight, Ocean Freight, Customs Brokerage, Insurance, Domestic Distribution, and DDP and Fiscal Representation. Geographically, it derives a majority of its revenue from China, Hong Kong and Taiwan.

Executives

Migdalia Diaz	officer: Chief Operating Officer	3722 CASTEEL PARK DRIVE, MARIETTA GA 30064
Sunandan Ray	director, officer: Chief Executive Officer	320 SOUTHDOWN ROAD, LLYOD HARBOR NY 11743
Lee Patrick Man Bun	director	UNIT 05-06, 3/F, ENTERPRISE SQUARE, 9 SHEUNG YUET RD, KOWLOON BAY, KOWLOON K3 1703
David S. Briones	director	C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Sterling C. Barton	10 percent owner	823 SOUTH SIXTH STREET, SUITE 100, LAS VEGAS NV 89101
Keith S. Barton	10 percent owner	488 MADISON AVENUE, SUITE 1100, NEW YORK NY 10022
Gcnd, Inc.	10 percent owner	C/O GARY WOLF ESQ., 488 MADISON AVE., STE. 1100, NEW YORK NY 10022