Speedy AD Sofia (XBUL:SPDY) Debt-to-Equity : 1.00 (As of Sep. 2023)

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What is Speedy AD Sofia Debt-to-Equity?

Speedy AD Sofia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв20.7 Mil. Speedy AD Sofia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was лв72.2 Mil. Speedy AD Sofia's Total Stockholders Equity for the quarter that ended in Sep. 2023 was лв93.4 Mil. Speedy AD Sofia's debt to equity for the quarter that ended in Sep. 2023 was 0.99.

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 Speedy AD Sofia's Debt-to-Equity or its related term are showing as below:

XBUL:SPDY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.74 Max: 1.55
Current: 1

During the past 12 years, the highest Debt-to-Equity Ratio of Speedy AD Sofia was 1.55. The lowest was 0.37. And the median was 0.74.

XBUL:SPDY's Debt-to-Equity is ranked worse than
69.16% of 882 companies
in the Transportation industry
Industry Median: 0.545 vs XBUL:SPDY: 1.00

Speedy AD Sofia Debt-to-Equity Historical Data

The historical data trend for Speedy AD Sofia'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.

Speedy AD Sofia Debt-to-Equity Chart

Speedy AD Sofia Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.18

1.10

1.07

1.12

0.98

Speedy AD Sofia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.00	0.98	0.91	1.12	1.00

Competitive Comparison of Speedy AD Sofia's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Speedy AD Sofia'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.

Speedy AD Sofia's Debt-to-Equity Distribution in the Transportation Industry

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

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

Speedy AD Sofia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Speedy AD Sofia'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
	=	(24.012	+	68.8)	/	94.586
	=	0.98

Speedy AD Sofia's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(20.689	+	72.243)	/	93.43
	=	0.99

Speedy AD Sofia (XBUL:SPDY) 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.

Speedy AD Sofia Debt-to-Equity Related Terms

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

Speedy AD Sofia (XBUL:SPDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Speedy AD Sofia (XBUL:SPDY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

22 Abagar Street, Logistic Park, 5th Floor, Administrative building Speedy, Sofia, BGR

Website

http://www.speedy.bg

Speedy AD Sofia is a company engaged in the provisions of courier services. The company offers domestic, international and additional services. Its online services include Trace a shipment, redirect the shipment, MySpeedy, Smart Control, Integration with online stores, Electronic invoices and others.

Speedy AD Sofia (XBUL:SPDY) Headlines

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