Gorilla Technology Group (Gorilla Technology Group) Debt-to-Equity : 0.84 (As of Jun. 2023)

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What is Gorilla Technology Group Debt-to-Equity?

Gorilla Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $17.98 Mil. Gorilla Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6.49 Mil. Gorilla Technology Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $29.08 Mil. Gorilla Technology Group's debt to equity for the quarter that ended in Jun. 2023 was 0.84.

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 Gorilla Technology Group's Debt-to-Equity or its related term are showing as below:

GRRR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.78 Max: 0.94
Current: 0.52

During the past 5 years, the highest Debt-to-Equity Ratio of Gorilla Technology Group was 0.94. The lowest was 0.51. And the median was 0.78.

GRRR's Debt-to-Equity is ranked worse than
71.66% of 2223 companies
in the Software industry
Industry Median: 0.21 vs GRRR: 0.52

Gorilla Technology Group Debt-to-Equity Historical Data

The historical data trend for Gorilla Technology Group'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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Gorilla Technology Group Debt-to-Equity Chart

Gorilla Technology Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.51

0.55

0.78

0.84

0.52

Gorilla Technology Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.78	0.94	0.84	0.84	0.52

Competitive Comparison of Gorilla Technology Group's Debt-to-Equity

For the Software - Infrastructure subindustry, Gorilla Technology Group'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.

Gorilla Technology Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Gorilla Technology Group's Debt-to-Equity distribution charts can be found below:

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

Gorilla Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gorilla Technology Group'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
	=	(15.619	+	8.252)	/	28.543
	=	0.84

Gorilla Technology Group'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
	=	(17.98	+	6.492)	/	29.077
	=	0.84

Gorilla Technology Group (NAS:GRRR) 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.

Gorilla Technology Group Debt-to-Equity Related Terms

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Gorilla Technology Group (Gorilla Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gorilla Technology Group Inc (NAS:GRRR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meridien House, 42 Upper Berkeley Street, Marble Arch, London, GBR, W1H 5QJ

Website

https://www.gorilla-technology.com

Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence and Other segments.