TuSimple Holdings (NAS:TSP) Debt-to-Equity

: 0.06 (As of Jun. 2023)

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TuSimple Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $7.89 Mil. TuSimple Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $41.48 Mil. TuSimple Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $820.15 Mil. TuSimple Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.06.

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

TSP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.07
Current: 0.06

During the past 5 years, the highest Debt-to-Equity Ratio of TuSimple Holdings was 0.07. The lowest was 0.01. And the median was 0.05.

TSP's Debt-to-Equity is ranked better than
93.52% of 849 companies
in the Transportation industry
Industry Median: 0.59 vs TSP: 0.06

TuSimple Holdings Debt-to-Equity Historical Data

The historical data trend for TuSimple Holdings'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.

TuSimple Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

N/A

0.07

0.04

0.01

0.06

TuSimple Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity												0.04	0.05	0.06	0.06	0.06

Competitive Comparison

For the Trucking subindustry, TuSimple Holdings'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.

Annual Data Quarterly Data

TuSimple Holdings Debt-to-Equity Distribution

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

* The bar in red indicates where TuSimple Holdings's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

TuSimple Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TuSimple Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(7.652	+	45.837)	/	954.481
	=	0.06

TuSimple Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(7.885	+	41.477)	/	820.145
	=	0.06

TuSimple Holdings (NAS:TSP) 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.

TuSimple Holdings Debt-to-Equity Related Terms

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

TuSimple Holdings (NAS:TSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TuSimple Holdings Inc (NAS:TSP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9191 Towne Centre Drive, Suite 600, San Diego, CA, USA, 92122

Website

https://www.tusimple.com

TuSimple Holdings Inc is an autonomous technology company in the global truck freight market. It has developed a technology for semi-trucks to build the Autonomous Freight Network (AFN) in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. The company recognizes revenue from providing freight capacity services. TuSimple's two reportable geographic segments are the U.S. and APAC.

Executives

J. Tyler Mcgaughey	director	9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Zhen Tao	director	9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Wendy Hayes	director	9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Michael G. Mosier	director	9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Lu James Fu Bin	director	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Mehmet Ersin Yumer	officer: See Remarks	9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Reed Werner	director	9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Michelle M Sterling	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
White Marble Llc	10 percent owner	9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Eric R Tapia	officer: See Remarks	100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Xiaodi Hou	director, 10 percent owner, officer: Chief Technology Officer	9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Sun Dream Inc	10 percent owner	7F SINA PLAZA, NO. 8 10 WEST COURTYARD, XIBEIWEANG RD, BEIJING F4 100193
Gray Jade Holding Ltd	10 percent owner	SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG 1110
White Marble International Ltd	10 percent owner	SERBUS CHAMBERS, P.O. BOX 603, APIA Y0 96799
James Mullen	officer: See Remarks	9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122