PAL (Proficient Auto Logistics) Debt-to-Equity : 0.28 (As of Dec. 2024)

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What is Proficient Auto Logistics Debt-to-Equity?

Proficient Auto Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $21.0 Mil. Proficient Auto Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $72.6 Mil. Proficient Auto Logistics's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $338.0 Mil. Proficient Auto Logistics's debt to equity for the quarter that ended in Dec. 2024 was 0.28.

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

PAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.89 Max: 1.51
Current: 0.28

During the past 3 years, the highest Debt-to-Equity Ratio of Proficient Auto Logistics was 1.51. The lowest was 0.28. And the median was 0.89.

PAL's Debt-to-Equity is ranked better than
69.52% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs PAL: 0.28

Proficient Auto Logistics Debt-to-Equity Historical Data

The historical data trend for Proficient Auto Logistics'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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Proficient Auto Logistics Debt-to-Equity Chart

Proficient Auto Logistics Annual Data

Trend

Dec22

Dec23

Dec24

Debt-to-Equity

N/A

1.51

0.28

Proficient Auto Logistics Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			1.51	-	0.22	0.25	0.28

Competitive Comparison of Proficient Auto Logistics's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Proficient Auto Logistics'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.

Proficient Auto Logistics's Debt-to-Equity Distribution in the Transportation Industry

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

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

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Proficient Auto Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Proficient Auto Logistics's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(20.968	+	72.603)	/	337.98
	=	0.28

Proficient Auto Logistics's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(20.968	+	72.603)	/	337.98
	=	0.28

Proficient Auto Logistics (NAS:PAL) 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.

Proficient Auto Logistics Debt-to-Equity Related Terms

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Proficient Auto Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Proficient Auto Logistics Inc (NAS:PAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12276 San Jose Boulevard, Suite 426, Jacksonville, FL, USA, 32223

Website

https://www.proautogistics.com

Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable segments of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.