Globaltruck Management PJSC (MIC:GTRK) Debt-to-Equity : 0.65 (As of Jun. 2023)

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What is Globaltruck Management PJSC Debt-to-Equity?

Globaltruck Management PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽2,434 Mil. Globaltruck Management PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽1,084 Mil. Globaltruck Management PJSC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₽5,428 Mil. Globaltruck Management PJSC's debt to equity for the quarter that ended in Jun. 2023 was 0.65.

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 Globaltruck Management PJSC's Debt-to-Equity or its related term are showing as below:

MIC:GTRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.77 Max: 2.4
Current: 0.65

During the past 8 years, the highest Debt-to-Equity Ratio of Globaltruck Management PJSC was 2.40. The lowest was 0.57. And the median was 0.77.

MIC:GTRK's Debt-to-Equity is ranked worse than
54.99% of 882 companies
in the Transportation industry
Industry Median: 0.57 vs MIC:GTRK: 0.65

Globaltruck Management PJSC Debt-to-Equity Historical Data

The historical data trend for Globaltruck Management PJSC'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.

Globaltruck Management PJSC Debt-to-Equity Chart

Globaltruck Management PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.94

0.81

0.70

0.73

0.57

Globaltruck Management PJSC Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial									0.77	0.73	0.71	0.57	0.65

Competitive Comparison of Globaltruck Management PJSC's Debt-to-Equity

For the Trucking subindustry, Globaltruck Management PJSC'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.

Globaltruck Management PJSC's Debt-to-Equity Distribution in the Transportation Industry

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

* The bar in red indicates where Globaltruck Management PJSC's Debt-to-Equity falls into.

Globaltruck Management PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Globaltruck Management PJSC'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
	=	(1029.733	+	1935.269)	/	5191.543
	=	0.57

Globaltruck Management PJSC'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
	=	(2434.394	+	1084.12)	/	5427.636
	=	0.65

Globaltruck Management PJSC (MIC:GTRK) 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.

Globaltruck Management PJSC Debt-to-Equity Related Terms

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

Globaltruck Management PJSC (MIC:GTRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globaltruck Management PJSC (MIC:GTRK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

House 39, Gilyarovskogo Street, Building 1, Moscow, RUS, 105082

Website

http://www.gt-m.ru

Globaltruck Management PJSC operates as a truck load trucking operator. The company offers services such as long-haul transportation of cargoes, trucking, temperature controller, and supply chain management services in Russia. Its services include standard cargo delivery and refrigerated transportations.

Globaltruck Management PJSC (MIC:GTRK) Headlines

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