Silk Logistics Holdings (ASX:SLH) Debt-to-Equity : 3.31 (As of Dec. 2023)

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What is Silk Logistics Holdings Debt-to-Equity?

Silk Logistics Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$66.5 Mil. Silk Logistics Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$211.4 Mil. Silk Logistics Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$83.9 Mil. Silk Logistics Holdings's debt to equity for the quarter that ended in Dec. 2023 was 3.31.

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

ASX:SLH' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.68 Med: 3.31 Max: 5.38
Current: 3.31

During the past 2 years, the highest Debt-to-Equity Ratio of Silk Logistics Holdings was 5.38. The lowest was 2.68. And the median was 3.31.

ASX:SLH's Debt-to-Equity is ranked worse than
93.99% of 882 companies
in the Transportation industry
Industry Median: 0.54 vs ASX:SLH: 3.31

Silk Logistics Holdings Debt-to-Equity Historical Data

The historical data trend for Silk Logistics 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.

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Silk Logistics Holdings Debt-to-Equity Chart

Silk Logistics Holdings Annual Data

Trend

Jun22

Jun23

Debt-to-Equity

2.68

2.94

Silk Logistics Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			3.36	2.68	3.30	2.94	3.31

Competitive Comparison of Silk Logistics Holdings's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Silk Logistics 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.

Silk Logistics Holdings's Debt-to-Equity Distribution in the Transportation Industry

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

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

Silk Logistics Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Silk Logistics Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(62.049	+	159.439)	/	75.407
	=	2.94

Silk Logistics Holdings'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
	=	(66.483	+	211.44)	/	83.878
	=	3.31

Silk Logistics Holdings (ASX:SLH) 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.

Silk Logistics Holdings Debt-to-Equity Related Terms

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Silk Logistics Holdings (ASX:SLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Silk Logistics Holdings Ltd (ASX:SLH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Lorimer Street, Unit 3, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.silklogistics.com.au

Silk Logistics Holdings Ltd operates in the Australian logistics industry, delivering port-to-door, technology-enabled contract or third-party logistics and time certain Port Logistics services. The business provides these services to clients in several key industries, including, but not limited to FMCG, light industrial, food, specialised retail, and containerised agriculture. The company provides a one-stop shop for integrated port-to-door logistics, providing services in wharf cartage, warehousing, and domestic distribution, through its trading brands Silk Contract Logistics and Rocke Brothers. Its segment includes Port and Contract logistics out of which it generates a majority of its revenue from the Port logistics segment.