International Container Terminal Services (International Container Terminal Services) Debt-to-Equity : 2.38 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is International Container Terminal Services Debt-to-Equity?

International Container Terminal Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $224 Mil. International Container Terminal Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,561 Mil. International Container Terminal Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,593 Mil. International Container Terminal Services's debt to equity for the quarter that ended in Dec. 2023 was 2.38.

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 International Container Terminal Services's Debt-to-Equity or its related term are showing as below:

ICTEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 1.84 Max: 2.68
Current: 2.38

During the past 13 years, the highest Debt-to-Equity Ratio of International Container Terminal Services was 2.68. The lowest was 0.65. And the median was 1.84.

ICTEF's Debt-to-Equity is ranked worse than
90.02% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs ICTEF: 2.38

International Container Terminal Services Debt-to-Equity Historical Data

The historical data trend for International Container Terminal Services'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.

International Container Terminal Services Debt-to-Equity Chart

International Container Terminal Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.94

1.79

2.60

2.68

2.38

International Container Terminal Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															2.68	3.05	2.76	2.38	2.38

Competitive Comparison of International Container Terminal Services's Debt-to-Equity

For the Marine Shipping subindustry, International Container Terminal Services'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.

International Container Terminal Services's Debt-to-Equity Distribution in the Transportation Industry

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

* The bar in red indicates where International Container Terminal Services's Debt-to-Equity falls into.

International Container Terminal Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Container Terminal Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(223.829	+	3561.059)	/	1592.742
	=	2.38

International Container Terminal Services's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(223.829	+	3561.059)	/	1592.742
	=	2.38

International Container Terminal Services (OTCPK:ICTEF) 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.

International Container Terminal Services Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of International Container Terminal Services's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

International Container Terminal Services (International Container Terminal Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » International Container Terminal Services Inc (OTCPK:ICTEF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ICT:Philippines

Address

MICT South Access Road, Port of Manila, Manila International Container Terminal, ICTSI Administration Building, Manila, PHL, 1012

Website

https://www.ictsi.com

International Container Terminal Services is a container-handling and terminal company. The company primarily operates, manages, develops, and acquires container terminals to handle import and export cargo shipped in containers. Besides, the firm provides storage, container stripping and stuffing, and maintenance services. The company organises itself into three geographical segments: Asia; Europe, Middle East, and Africa; and Americas. The company derives the largest portion of revenue from the Asia segment, followed by the Americas and EMEA.