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Rush Enterprises Debt-to-Equity

: 0.91 (As of Jun. 2022)
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Rush Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $894 Mil. Rush Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $576 Mil. Rush Enterprises's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $1,611 Mil. Rush Enterprises's debt to equity for the quarter that ended in Jun. 2022 was 0.91.

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

RUSHB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64   Med: 1.67   Max: 6.7
Current: 0.91

During the past 13 years, the highest Debt-to-Equity Ratio of Rush Enterprises was 6.70. The lowest was 0.64. And the median was 1.67.

RUSHB's Debt-to-Equity is ranked worse than
70.99% of 1134 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs RUSHB: 0.91

Rush Enterprises Debt-to-Equity Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 1.59 1.53 0.96 0.79

Rush Enterprises Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.81 0.64 0.79 0.79 0.91

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.

   

Rush Enterprises Debt-to-Equity Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Debt-to-Equity distribution charts can be found below:

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



Rush Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rush Enterprises's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Rush Enterprises's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Rush Enterprises  (NAS:RUSHB) 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.


Rush Enterprises Debt-to-Equity Related Terms

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


Rush Enterprises Business Description

Rush Enterprises logo
Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises is the only publicly traded, standalone commercial truck dealer in North America. With 120 locations, it sells 5.6% of new class 8 trucks as the largest truck dealer on the continent. Vehicle sales include class 4-8 new trucks as well as range of used commercial vehicles. Aftermarket parts and service are key drivers of profitability as they generate approximately 30% of revenue and 65% of gross profit. Rush's class 8 customers include large fleets (32%), mid-size fleets (16%), vocational customers (40%), and owner-operators (12%). In 2019, Rush generated $5.8 billion in revenue.

Rush Enterprises Headlines

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