GigCapital4 (GigCapital4) Debt-to-Equity

: -13.89 (As of Dec. 2020)

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GigCapital4's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.13 Mil. GigCapital4's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.00 Mil. GigCapital4's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $-0.01 Mil. GigCapital4's debt to equity for the quarter that ended in Dec. 2020 was -13.89.

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 GigCapital4's Debt-to-Equity or its related term are showing as below:

GIG's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

GigCapital4 Debt-to-Equity Historical Data

The historical data trend for GigCapital4'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.

GigCapital4 Annual Data

Trend

Dec20

Debt-to-Equity

-13.89

GigCapital4 Quarterly Data
	Dec20
Debt-to-Equity	-13.89

Competitive Comparison

For the Shell Companies subindustry, GigCapital4'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.

GigCapital4 Debt-to-Equity Distribution

For the Diversified Financial Services industry and Financial Services sector, GigCapital4's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GigCapital4's Debt-to-Equity falls into.

GigCapital4 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GigCapital4's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.125	+	0)	/	-0.009
	=	-13.89

GigCapital4's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
	=	(0.125	+	0)	/	-0.009
	=	-13.89

GigCapital4 (NAS:GIG) 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.

GigCapital4 Debt-to-Equity Related Terms

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GigCapital4 (GigCapital4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital4 Inc (NAS:GIG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303

Website

https://www.gigcapitalglobal.com

GigCapital4 Inc is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.