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Garden StageGSIW -3.33%14 Debt-to-EBITDA is -0.01 as of Mar. 2026. GuruFocus rates GSIW with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 419 Capital Markets companies, Garden Stage ranks worse than 238663.25% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Garden Stage's Debt-to-EBITDA or its related term are showing as below:
GSIW'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.4 Med: -0.06 Max: -0.01
Current: -0.01
During the past 6 years, the highest Debt-to-EBITDA Ratio of Garden Stage was -0.01. The lowest was -0.40. And the median was -0.06.
GSIW's Debt-to-EBITDA is ranked worse than 100% of 419
companies
in the Capital Markets industry
Industry Median: 1.56
vs GSIW: -0.01
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Garden Stage Debt-to-EBITDA Related Terms
Garden Stage Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Garden Stage's Debt-to-EBITDA 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.
GSIW vs MATH, HGBL, VIP: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, Garden Stage's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Garden Stage Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Garden Stage's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Garden Stage's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Mar. 2026) EBITDA data.
Garden Stage (GSIW) has a Debt-to-EBITDA of -0.01 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Garden Stage. According to the industry distribution chart, Garden Stage ranks #999999 out of 419 companies in the Capital Markets industry.
Is Garden Stage's Debt-to-EBITDA too high?
Garden Stage's current Debt-to-EBITDA is -0.01. Based on the distribution chart, Garden Stage ranks #999999 out of 419 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Garden Stage has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Garden Stage's Debt-to-EBITDA compare to MATH and HGBL?
According to the Capital Markets industry distribution chart, Garden Stage ranks #999999 out of 419 companies for Debt-to-EBITDA. This places Garden Stage in the lower half of its industry. The industry median Debt-to-EBITDA is 1.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.56, based on 419 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Garden Stage. For the Capital Markets industry, the median Debt-to-EBITDA is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garden Stage's current Debt-to-EBITDA is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Stage stock overvalued right now?
Garden Stage (GSIW) has a current Debt-to-EBITDA of -0.01. The current Debt-to-EBITDA is -0.01. Garden Stage's overall GF Score™ is 14/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Garden Stage (GSIW), the current Debt-to-EBITDA is -0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong; and I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.
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