P.A.M. Transportation Services (P.A.M. Transportation Services) Debt-to-Equity : 0.84 (As of Dec. 2023)

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P.A.M. Transportation Services Debt-to-Equity Definition

P.A.M. Transportation Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $57.8 Mil. P.A.M. Transportation Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $204.8 Mil. P.A.M. Transportation Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $314.2 Mil. P.A.M. Transportation Services's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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 P.A.M. Transportation Services's Debt-to-Equity or its related term are showing as below:

PTSI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 1.44 Max: 1.99
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of P.A.M. Transportation Services was 1.99. The lowest was 0.84. And the median was 1.44.

PTSI's Debt-to-Equity is ranked worse than
63.05% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs PTSI: 0.84

P.A.M. Transportation Services Debt-to-Equity Historical Data

P.A.M. Transportation Services Debt-to-Equity Chart

The historical data trend for P.A.M. Transportation 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.

P.A.M. Transportation Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.88

1.99

1.04

0.89

0.84

P.A.M. Transportation Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.83	0.74	0.72	0.84	0.86

Competitive Comparison

For the Trucking subindustry, P.A.M. Transportation 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.

P.A.M. Transportation Services Debt-to-Equity Distribution

For the Transportation industry and Industrials sector, P.A.M. Transportation Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where P.A.M. Transportation Services's Debt-to-Equity falls into.

P.A.M. Transportation Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

P.A.M. Transportation 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
	=	(57.759	+	204.814)	/	314.216
	=	0.84

P.A.M. Transportation 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
	=	(57.759	+	204.814)	/	314.216
	=	0.84

P.A.M. Transportation Services (NAS:PTSI) 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.

P.A.M. Transportation Services Debt-to-Equity Related Terms

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P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » P.A.M. Transportation Services Inc (NAS:PTSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770

Website

https://www.pamtransport.com

P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.

Executives

Edwin J. Lukas	director	12225 STEPHENS ROAD, WARREN MI 48089
Matthew T Moroun	director, 10 percent owner	12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis	director	7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto	director, officer: President and CEO	P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun	director	12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop	director	P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano	director	P.O. BOX 188, TONTITOWN AR 72770
Allen West	officer: VP Finance, CFO, Secy, Treas	POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon	officer: Chief Operating Officer	4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty	director	297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman	director, officer: President	PO BOX 188, TONTITOWN AR 72770
Norman E Harned	director	12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone	director	C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard	officer: EXECUTIVE VICE PRESIDENT	PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart	officer: VP Fin, CFO, Sec. and Treas.	POST OFFICE BOX 188, TONTITOWN AR 72770