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Global Technologies (Global Technologies) Debt-to-Equity : -0.76 (As of Dec. 2023)


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What is Global Technologies Debt-to-Equity?

Global Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.75 Mil. Global Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Global Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.61 Mil. Global Technologies's debt to equity for the quarter that ended in Dec. 2023 was -0.76.

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

GTLL' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.86   Med: -0.33   Max: 25.08
Current: -0.76

During the past 12 years, the highest Debt-to-Equity Ratio of Global Technologies was 25.08. The lowest was -14.86. And the median was -0.33.

GTLL's Debt-to-Equity is not ranked
in the Conglomerates industry.
Industry Median: 0.56 vs GTLL: -0.76

Global Technologies Debt-to-Equity Historical Data

The historical data trend for Global 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.

Global Technologies Debt-to-Equity Chart

Global Technologies Annual Data
Trend Oct97 Oct98 Jun99 Jun00 Jun01 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.65 -0.52 -0.36 -0.24

Global Technologies Quarterly Data
Jun01 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.53 -0.25 -0.24 -14.86 -0.76

Competitive Comparison of Global Technologies's Debt-to-Equity

For the Conglomerates subindustry, Global 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.


Global Technologies's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Technologies's Debt-to-Equity distribution charts can be found below:

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



Global Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Technologies's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Global Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Global Technologies  (OTCPK:GTLL) 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.


Global Technologies Debt-to-Equity Related Terms

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


Global Technologies (Global Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8 Campus Drive, Suite 105, Parsippany, NJ, USA, 07054
Global Technologies Ltd through its subsidiaries is engaged in the online sales of CBD and hemp related products, the acquisition of intellectual property in the safety and security space, and as a portal for entrepreneurs to provide immediate access to live shopping, e-commerce, and product placement in brick and mortar retail outlets.
Executives
Jimmy Wayne Anderson director, 10 percent owner, officer: President 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Jaycee James 10 percent owner 9298 SVL BOX, VICTORVILLE CA 92395