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Echo Global Logistics inc   (ECHO)
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Echo Global Logistics Inc 's Total Debt to Equity

ECHO's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to debt repayement of -12.49% Echo Global Logistics Inc improved Total Debt to Equity in third quarter 2021 to 0.23, below the company's average Total Debt to Equity.

Within Marine Transportation industry in the third quarter 2021, 7 other companies have achieved lower Total Debt to Equity than Echo Global Logistics Inc in the III Quarter 2021. While Total Debt to Equity total ranking has deteriorated compared to the second quarter 2021 from 1029 to 1111 .

Explain Debt to Equity Ratio?
What is the structure of ECHO´s Total Debt?
How valuable is the ECHO´s Equity?


ECHO Total Debt to Equity (Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
Y / Y Equity Change 17.4 % 14.55 % 10.02 % 4.19 % 0.89 %
Y / Y Total Debt Change -27.55 % -17.14 % -20.08 % -14.3 % -7.04 %
Total Debt to Equity MRQ 0.23 0.28 0.33 0.34 0.37
ECHO's Total Ranking # 1111 # 1029 # 1185 # 560 # 346
Seq. Equity Change 4.95 % 5.01 % 3.09 % 3.34 % 2.4 %
Seq. Total Debt Change -12.49 % -11.1 % 0.08 % -6.94 % 0.08 %



Total Debt to Equity third quarter 2021 Company Ranking
Within: No.
Marine Transportation Industry # 8
Transportation Sector # 21
Overall Market # 1111


Total Debt to Equity Statistics
High Average Low
0.61 0.36 0
(Sep 30 2017)   (Jun 30 2013)




Financial Statements
Echo Global Logistics Inc 's Equity $ 454 Millions Visit ECHO's Balance sheet
Echo Global Logistics Inc 's Total Debt $ 104 Millions Visit ECHO's Balance sheet
Source of ECHO's Sales Visit ECHO's Sales by Geography


Cumulative Echo Global Logistics Inc 's Total Debt to Equity

ECHO's Total Debt to Equity for the trailling 12 Months

ECHO Total Debt to Equity

(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
Y / Y Equity TTM Growth 17.4 % 14.55 % 10.02 % 4.19 % 0.89 %
Y / Y Total Debt TTM Growth -27.55 % -17.14 % -20.08 % -14.3 % -7.04 %
Total Debt to Equity TTM 0.29 0.33 0.35 0.38 0.4
Total Ranking TTM # 1350 # 1468 # 1591 # 1572 # 1551
Seq. Equity TTM Growth 4.95 % 5.01 % 3.09 % 3.34 % 2.4 %
Seq. Total Debt TTM Growth -12.49 % -11.1 % 0.08 % -6.94 % 0.08 %


On the trailing twelve months basis Due to debt repayement of -12.49% Echo Global Logistics Inc decreased Total Debt to Equity in the 12 months ending in III Quarter 2021 to 0.29, below the company's average Total Debt to Equity.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Marine Transportation industry ECHO recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2021, compared to the prior period, from 236 to 1145.

Explain Debt to Equity Ratio?
What is the structure of ECHO´s Total Debt?
How valuable is the ECHO´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Marine Transportation Industry # 1
Transportation Sector # 3
Within the Market # 1111


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.59 0.34 0
(Mar 31 2018)   (March 31, 2014)




Companies with similar Total Debt to Equity in the quarter ending Sep 30 2021, within Marine Transportation Industry Total Debt to EquitySep 30 2021 MRQ Total DebtSep 30 2021 MRQ Equity
Dorian Lpg Ltd   0.63 $ 566.864  Millions$ 906.949  Millions
Stealthgas Inc   0.62 $ 293.798  Millions$ 474.771  Millions
Danaos Corporation  0.53 $ 1,113.666  Millions$ 2,088.023  Millions
Star Bulk Carriers Corp   0.52 $ 1,089.255  Millions$ 2,080.018  Millions
Dht Holdings Inc   0.50 $ 522.299  Millions$ 1,047.359  Millions
Ardmore Shipping Corp  0.50 $ 145.101  Millions$ 291.954  Millions
Scorpio Tankers Inc   0.49 $ 901.687  Millions$ 1,836.928  Millions
Navios Maritime Partners L p   0.46 $ 813.785  Millions$ 1,769.725  Millions
Pangaea Logistics Solutions Ltd   0.44 $ 124.441  Millions$ 284.398  Millions
Genco Shipping and Trading Limited  0.36 $ 296.771  Millions$ 830.683  Millions
Castor Maritime Inc   0.30 $ 102.041  Millions$ 342.934  Millions
Forward Air Corporation  0.29 $ 163.153  Millions$ 555.536  Millions
Imperial Petroleum Inc   0.29 $ 27.837  Millions$ 96.746  Millions
Teekay Corporation  0.29 $ 696.480  Millions$ 2,432.483  Millions
Radiant Logistics Inc   0.25 $ 42.109  Millions$ 165.986  Millions
Echo Global Logistics inc   0.23 $ 104.283  Millions$ 453.717  Millions
Globus Maritime Limited  0.21 $ 31.303  Millions$ 146.418  Millions
Hub Group Inc   0.21 $ 258.250  Millions$ 1,255.125  Millions

Date modified: -0001-11-30T00:00:00+00:00



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