GECC (Great Elm Capital) Debt-to-Equity: 1.57 (As of Mar. 2026) — 11% Above Median

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GECC Great Elm Capital Corp GECC
22 GF Score
Price $5.14
GF Value $0.75
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Great Elm Capital Debt-to-Equity?

Great Elm Capital GECC -0.96% 22 Debt-to-Equity is 1.57 as of Mar. 2026, which is 11% above its 10-year median of 1.42. GuruFocus rates GECC with a GF Score™ of 22/100 and a GF Value™ of $0.75 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 960 Asset Management companies, Great Elm Capital ranks worse than 90.63% on this metric.

Great Elm Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Great Elm Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $169.14 Mil. Great Elm Capital's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $107.48 Mil. Great Elm Capital's debt to equity for the quarter that ended in Mar. 2026 was 1.57.

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 Great Elm Capital's Debt-to-Equity or its related term are showing as below:

GECC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 1.42   Max: 2.36
Current: 1.57

During the past 13 years, the highest Debt-to-Equity Ratio of Great Elm Capital was 2.36. The lowest was 0.20. And the median was 1.42.

GECC's Debt-to-Equity is ranked worse than
90.63% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs GECC: 1.57

Great Elm Capital  (NAS:GECC) 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.


Great Elm Capital Debt-to-Equity Related Terms


Great Elm Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Great Elm Capital'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.

Great Elm Capital Debt-to-Equity Chart

Great Elm Capital Annual Data
Trend Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.81 1.42 1.39 1.68

Great Elm Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.53 1.40 1.43 1.68 1.57

GECC vs CEV, EEA, PCM: Debt-to-Equity Comparison

For the Asset Management subindustry, Great Elm Capital'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.


Great Elm Capital Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Great Elm Capital's Debt-to-Equity distribution charts can be found below:

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


GECC
22GF Score
Great Elm Capital Corp GECC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Elm Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great Elm Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Great Elm Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.57 mean?
Great Elm Capital (GECC) has a Debt-to-Equity of 1.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Great Elm Capital and its competitors. This is 11% above median its historical median of 1.42. Over the past decade, Great Elm Capital's Debt-to-Equity has ranged from 0.20 to 2.36. According to the industry distribution chart, Great Elm Capital ranks #870 out of 960 companies in the Asset Management industry, placing it in the top 90.6%.
Is Great Elm Capital's Debt-to-Equity too high?
Great Elm Capital's current Debt-to-Equity of 1.57 is 11% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.36. The Asset Management industry median Debt-to-Equity is 0.21. Great Elm Capital's value of 1.57 is 647.6% above this industry median. Based on the distribution chart, Great Elm Capital ranks #870 out of 960 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Great Elm Capital has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great Elm Capital's Debt-to-Equity compare to CEV and EEA?
According to the Asset Management industry distribution chart, Great Elm Capital ranks #870 out of 960 companies for Debt-to-Equity. This places Great Elm Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Great Elm Capital's value of 1.57 is 647.6% above this benchmark. Historically, Great Elm Capital's own Debt-to-Equity has ranged from 0.20 to 2.36 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.21, Great Elm Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Great Elm Capital's current Debt-to-Equity of 1.57 is 647.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Great Elm Capital and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Elm Capital's current Debt-to-Equity is 1.57, which is 11% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Elm Capital stock overvalued right now?
Based on GuruFocus' analysis, Great Elm Capital (GECC) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.75, compared to a current price of $5.14 — trading 585.3% above its estimated fair value. The current Debt-to-Equity is 1.57, which is 11% above median its 10-year median of 1.42 and 647.6% above the Asset Management industry median of 0.21. Great Elm Capital's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Great Elm Capital (GECC), the current Debt-to-Equity is 1.57 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.

Is Great Elm Capital (GECC) Overvalued in 2026?

Based on GuruFocus' analysis, Great Elm Capital stock appears to be overvalued. The current stock price of $5.14 is trading 585.3% above its estimated GF Value™ of $0.75. GuruFocus considers Great Elm Capital to be Significantly Overvalued.

Key valuation signals for GECC:

  • Debt-to-Equity: 1.57 (11% above median its 10-year median of 1.42)
  • GF Value™: $0.75 vs. price of $5.14 (585.3% above fair value)
  • GF Score™: 22/100 with 2 warning signs
  • Industry Position: 647.6% above the Asset Management median (#870 of 960)

No single metric tells the full story. See the GECC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Elm Capital Business Description

Address 3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL, USA, 33410
Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. It generates both income and capital appreciation through debt and income-generating equity investments, including investments in finance businesses. The Company operates as a single reportable segment with an investment objective to generate both current income and capital appreciation through debt and equity investments and manages the business on a consolidated basis.
22GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.14
Price
$0.75
GF Value