Grindr (Grindr) Debt-to-Equity : -18.80 (As of Dec. 2023)

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What is Grindr Debt-to-Equity?

Grindr's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.4 Mil. Grindr's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $327.8 Mil. Grindr's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-18.3 Mil. Grindr's debt to equity for the quarter that ended in Dec. 2023 was -18.80.

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

GRND' s Debt-to-Equity Range Over the Past 10 Years
Min: -23.26 Med: -18.25 Max: 90.54
Current: -18.8

During the past 5 years, the highest Debt-to-Equity Ratio of Grindr was 90.54. The lowest was -23.26. And the median was -18.25.

GRND's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs GRND: -18.80

Grindr Debt-to-Equity Historical Data

The historical data trend for Grindr'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.

Grindr Debt-to-Equity Chart

Grindr Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

-17.70

-23.26

90.54

-18.80

Grindr Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							90.54	-9.61	-22.23	-21.64	-18.80

Competitive Comparison of Grindr's Debt-to-Equity

For the Software - Application subindustry, Grindr'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.

Grindr's Debt-to-Equity Distribution in the Software Industry

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

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

Grindr Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grindr'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
	=	(16.405	+	327.841)	/	-18.31
	=	-18.80

Grindr'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
	=	(16.405	+	327.841)	/	-18.31
	=	-18.80

Grindr (NYSE:GRND) 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.

Grindr Debt-to-Equity Related Terms

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

Grindr (Grindr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grindr Inc (NYSE:GRND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 N. San Vincente Boulevard, Suite RE 1400, PO Box 69176750, West Hollywood, CA, USA, 90069

Website

https://www.grindr.com

Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.

Executives

George Arison	director, officer: Chief Executive Officer	3727 LA DONNA AVENUE, PALO ALTO CA 94306
Zage George Raymond Iii	director, 10 percent owner	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Kye Chen	officer: Chief Accounting Officer	C/O GRINDR INC., 750 N. SAN VICENTE BLVD., SUITE RE 1400, WEST HOLLYWOOD CA 90069
Carman Wong	other: Former Director of Grindr Inc.	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Maggie Lower	director	5822 NORTH WINTHROP AVENUE, CHICAGO IL 60660
Gary I. Horowitz	director	350 WEST 23RD STREET, APT 6A, NEW YORK NY 10011
Daniel Brooks Baer	director	1443 Q STREET NW, WASHINGTON DC 20009
Meghan Stabler	director	4502 HARVEY PENICK DR, ROUND ROCK TX 78664
Austin J Balance	officer: Chief Product Officer	750 N SAN VICENTE BLVD STE RE1400, WEST HOLLYWOOD CA 90069
Lu James Fu Bin	director, 10 percent owner	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Ashish Gupta	other: Former Director of Grindr Inc.	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Gearon J Michael Jr	director, 10 percent owner	3350 RIVERWOOD PARKWAY, SUITE 425, ATLANTA GA 30339
Ben Falloon	other: Former Director of Grindr Inc.	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Vandana Mehta-krantz	officer: Chief Financial Officer	SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
David Christopher Ryan	other: Former Director of Grindr Inc.	C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401