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Daseke (Daseke) Debt-to-Equity : 5.02 (As of Dec. 2023)


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What is Daseke Debt-to-Equity?

Daseke's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $121 Mil. Daseke's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $639 Mil. Daseke's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $151 Mil. Daseke's debt to equity for the quarter that ended in Dec. 2023 was 5.02.

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 Daseke's Debt-to-Equity or its related term are showing as below:

DSKE' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.54   Med: 4   Max: 5.93
Current: 5.02

During the past 9 years, the highest Debt-to-Equity Ratio of Daseke was 5.93. The lowest was 1.54. And the median was 4.00.

DSKE's Debt-to-Equity is ranked worse than
95.93% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs DSKE: 5.02

Daseke Debt-to-Equity Historical Data

The historical data trend for Daseke'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.

Daseke Debt-to-Equity Chart

Daseke Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 5.93 5.76 3.99 4.01 5.02

Daseke 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.01 4.00 4.26 4.24 5.02

Competitive Comparison of Daseke's Debt-to-Equity

For the Trucking subindustry, Daseke'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.


Daseke's Debt-to-Equity Distribution in the Transportation Industry

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

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



Daseke Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daseke's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Daseke's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Daseke  (NAS:DSKE) 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.


Daseke Debt-to-Equity Related Terms

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


Daseke (Daseke) Business Description

Traded in Other Exchanges
Address
15455 Dallas Parkway, Suite 550, Addison, TX, USA, 75001
Daseke Inc provides transportation and logistics solutions focused exclusively on flatbed and specialized freight in North America. It has two reportable segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment; and the Specialized Solutions segment focuses on delivering transportation and logistics solutions that require the use of specialized trailering transportation equipment. Daseke derives most of its revenues from its Specialized Solutions segment.
Executives
Aaron Coley officer: EVP and CFO 15455 DALLAS PKWY, SUITE 550, ADDISON TX 75001
Scott Hoppe officer: EVP and COO C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Rick Alan Williams officer: EVP and COO 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Bruce Blaise director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Catharine D Ellingsen director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Charles F Serianni director 110 S.E. 6TH STREET, 28TH FLOOR, FORT LAUDERDALE FL 33301
Jason R. Bates officer: EVP and CFO USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Grant Edward Garbers director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Soumit Roy officer: Chief Legal Officer & Sec. DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Jonathan Shepko director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kevin M. Charlton director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Brian Bonner director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kimberly Warmbier director 3150 SABRE DRIVE, SOUTHLAKE TX 76092

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