Transport Trade Services (BSE:TTS) Debt-to-Equity : 0.11 (As of Sep. 2024)

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What is Transport Trade Services Debt-to-Equity?

Transport Trade Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was lei43.3 Mil. Transport Trade Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was lei60.1 Mil. Transport Trade Services's Total Stockholders Equity for the quarter that ended in Sep. 2024 was lei908.9 Mil. Transport Trade Services's debt to equity for the quarter that ended in Sep. 2024 was 0.11.

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 Transport Trade Services's Debt-to-Equity or its related term are showing as below:

BSE:TTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.12 Max: 0.15
Current: 0.11

During the past 4 years, the highest Debt-to-Equity Ratio of Transport Trade Services was 0.15. The lowest was 0.10. And the median was 0.12.

BSE:TTS's Debt-to-Equity is ranked better than
86.32% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs BSE:TTS: 0.11

Transport Trade Services Debt-to-Equity Historical Data

The historical data trend for Transport Trade 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.

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Transport Trade Services Debt-to-Equity Chart

Transport Trade Services Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.15

0.12

0.10

0.13

Transport Trade Services Quarterly Data
	Dec20	Mar21	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial							N/A	0.13	0.11	0.11	0.11

Competitive Comparison of Transport Trade Services's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Transport Trade 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.

Transport Trade Services's Debt-to-Equity Distribution in the Transportation Industry

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

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

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Transport Trade Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transport Trade 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
	=	(36.45	+	82.409)	/	954.537
	=	0.12

Transport Trade Services's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(43.28	+	60.053)	/	908.932
	=	0.11

Transport Trade Services (BSE:TTS) 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.

Transport Trade Services Debt-to-Equity Related Terms

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

Transport Trade Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport Trade Services (BSE:TTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Vaselor Street, Bucharest, ROU, 021253

Website

https://www.tts-group.ro

Transport Trade Services is a freight forwarder company. The company operates as a sender of goods in domestic and international transport, on interior riverways, offering integrated/modular transport services. It invests in various fields such as inland freight water transport, inland passenger water transport, repair and maintenance of ships and boats, cargo handling and storage, support activities for transportation, freight rail transport and hotels, and similar accommodation. The company's segment includes Forwarding, River transport, and Port Operations. The majority of revenue is derived from forwarding and river transport.

Transport Trade Services Headlines

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