ArcBest (STU:AQY) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is ArcBest Debt-to-Equity?

ArcBest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €88 Mil. ArcBest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €297 Mil. ArcBest's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,125 Mil. ArcBest's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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

STU:AQY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.38 Max: 0.81
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of ArcBest was 0.81. The lowest was 0.23. And the median was 0.38.

STU:AQY's Debt-to-Equity is ranked better than
63.57% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs STU:AQY: 0.34

ArcBest Debt-to-Equity Historical Data

The historical data trend for ArcBest'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.

ArcBest Debt-to-Equity Chart

ArcBest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.49

0.36

0.38

0.35

ArcBest Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.36	0.37	0.35	0.34

Competitive Comparison of ArcBest's Debt-to-Equity

For the Trucking subindustry, ArcBest'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.

ArcBest's Debt-to-Equity Distribution in the Transportation Industry

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

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

ArcBest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ArcBest'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
	=	(90.893	+	310.506)	/	1139.247
	=	0.35

ArcBest's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(87.552	+	297.231)	/	1124.914
	=	0.34

ArcBest (STU:AQY) 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.

ArcBest Debt-to-Equity Related Terms

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

ArcBest (STU:AQY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ArcBest Corp (STU:AQY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ARCB:USA

Address

8401 McClure Drive, Fort Smith, AR, USA, 72916

Website

https://www.arcb.com

ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. Asset-Based segment which represents ABF Freight System, Inc. and certain other subsidiaries, including ABF Freight System (B.C.) ULC; ABF Freight System Canada ULC; ABF Cartage, Inc.; and Land-Marine Cargo, Inc.. ArcBest segment consist asset-light logistics operation, including MoLo, Panther, and certain other subsidiaries. FleetNet segment revenues consist of service fee revenue, roadside repair revenue, and routine maintenance services revenue. The ArcBest and FleetNet reportable segments, combined, represent its Asset-Light operations.

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