Guardforce AI Co (Guardforce AI Co) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is Guardforce AI Co Debt-to-Equity?

Guardforce AI Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.92 Mil. Guardforce AI Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.72 Mil. Guardforce AI Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $25.23 Mil. Guardforce AI Co's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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 Guardforce AI Co's Debt-to-Equity or its related term are showing as below:

GFAI' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.12 Med: 1.47 Max: 22.15
Current: 0.26

During the past 5 years, the highest Debt-to-Equity Ratio of Guardforce AI Co was 22.15. The lowest was -12.12. And the median was 1.47.

GFAI's Debt-to-Equity is ranked better than
59.4% of 926 companies
in the Business Services industry
Industry Median: 0.375 vs GFAI: 0.26

Guardforce AI Co Debt-to-Equity Historical Data

The historical data trend for Guardforce AI Co'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.

Guardforce AI Co Debt-to-Equity Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

22.15

-12.12

4.01

1.47

0.26

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				4.01	0.77	1.47	0.99	0.26

Competitive Comparison of Guardforce AI Co's Debt-to-Equity

For the Security & Protection Services subindustry, Guardforce AI Co'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.

Guardforce AI Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's Debt-to-Equity distribution charts can be found below:

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

Guardforce AI Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guardforce AI Co'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
	=	(4.92	+	1.719)	/	25.232
	=	0.26

Guardforce AI Co's Debt to Equity Ratio for the quarter 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
	=	(4.92	+	1.719)	/	25.232
	=	0.26

Guardforce AI Co (NAS:GFAI) 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.

Guardforce AI Co Debt-to-Equity Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.