Graphene & Solar Technologies (Graphene & Solar Technologies) Debt-to-Equity : -0.05 (As of Dec. 2023)

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What is Graphene & Solar Technologies Debt-to-Equity?

Graphene & Solar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.27 Mil. Graphene & Solar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Graphene & Solar Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-5.39 Mil. Graphene & Solar Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.05.

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 Graphene & Solar Technologies's Debt-to-Equity or its related term are showing as below:

GSTX' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.27 Med: -0.17 Max: 0.12
Current: -0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Graphene & Solar Technologies was 0.12. The lowest was -3.27. And the median was -0.17.

GSTX's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.27 vs GSTX: -0.05

Graphene & Solar Technologies Debt-to-Equity Historical Data

The historical data trend for Graphene & Solar Technologies'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.

Graphene & Solar Technologies Debt-to-Equity Chart

Graphene & Solar Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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-0.16

-0.11

0.07

-0.04

-0.05

Graphene & Solar Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.05	-0.05	-0.05	-0.05	-0.05

Competitive Comparison of Graphene & Solar Technologies's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Graphene & Solar Technologies'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.

Graphene & Solar Technologies's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Graphene & Solar Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Graphene & Solar Technologies's Debt-to-Equity falls into.

Graphene & Solar Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Graphene & Solar Technologies's Debt to Equity Ratio for the fiscal year 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
	=	(0.232	+	0)	/	-4.979
	=	-0.05

Graphene & Solar Technologies'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
	=	(0.267	+	0)	/	-5.394
	=	-0.05

Graphene & Solar Technologies (OTCPK:GSTX) 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.

Graphene & Solar Technologies Debt-to-Equity Related Terms

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

Graphene & Solar Technologies (Graphene & Solar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Graphene & Solar Technologies Ltd (OTCPK:GSTX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Corporate Plaza Drive, Suite 150, Newport Beach, CA, USA, 92660

Website

https://www.gstx.solar

Graphene & Solar Technologies Ltd provides materials and technologies to energy and water sectors. Its project portfolio in cleantech includes Patented and novel technologies, Proven products with exclusive geographical distribution rights, Groundbreaking new innovations, and Mineral resources that critical to the high-tech supply chain. It is currently focused on supplying advanced materials to existing manufacturers and water harvesting products to market. .

Executives

Frank J Garofalo	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Rick Wilber	director

Graphene & Solar Technologies (Graphene & Solar Technologies) Headlines

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