GEMI (Gemini Space Station) Debt-to-Equity: 1.11 (As of Jun. 2026) — Near Median

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GEMI Gemini Space Station Inc GEMI
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What is Gemini Space Station Debt-to-Equity?

Gemini Space Station GEMI +9.08% 8 Debt-to-Equity is 1.11 as of Jun. 2026, which is 3% above its 10-year median of 1.08. GuruFocus rates GEMI with a GF Score™ of 8/100. The stock has 3 warning signs investors should review. Among 610 Capital Markets companies, Gemini Space Station ranks worse than 73.11% on this metric.

Gemini Space Station's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $508.3 Mil. Gemini Space Station's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $12.6 Mil. Gemini Space Station's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $468.3 Mil. Gemini Space Station's debt to equity for the quarter that ended in Jun. 2026 was 1.11.

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 Gemini Space Station's Debt-to-Equity or its related term are showing as below:

GEMI' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.5   Med: 1.08   Max: 1.6
Current: 1.11

During the past 3 years, the highest Debt-to-Equity Ratio of Gemini Space Station was 1.60. The lowest was -1.50. And the median was 1.08.

GEMI's Debt-to-Equity is ranked worse than
73.11% of 610 companies
in the Capital Markets industry
Industry Median: 0.32 vs GEMI: 1.11

Gemini Space Station  (NAS:GEMI) 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.


Gemini Space Station Debt-to-Equity Related Terms


Gemini Space Station Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gemini Space Station'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.

Gemini Space Station Debt-to-Equity Chart

Gemini Space Station Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
-1.14 -1.50 1.22

Gemini Space Station Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only -1.45 1.60 1.22 1.08 1.11

GEMI vs CSHR, BTGO, CNCK: Debt-to-Equity Comparison

For the Capital Markets subindustry, Gemini Space Station'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.


Gemini Space Station Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gemini Space Station's Debt-to-Equity distribution charts can be found below:

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


GEMI
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Gemini Space Station Inc GEMI
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Gemini Space Station Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gemini Space Station's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Gemini Space Station's Debt to Equity Ratio for the quarter that ended in Jun. 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 1.11 mean?
Gemini Space Station (GEMI) has a Debt-to-Equity of 1.11 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gemini Space Station and its competitors. This is near median its historical median of 1.08. According to the industry distribution chart, Gemini Space Station ranks #446 out of 610 companies in the Capital Markets industry, placing it in the top 73.1%.
Is Gemini Space Station's Debt-to-Equity too high?
Gemini Space Station's current Debt-to-Equity of 1.11 is near median its 10-year median of 1.08. The Capital Markets industry median Debt-to-Equity is 0.32. Gemini Space Station's value of 1.11 is 246.9% above this industry median. Based on the distribution chart, Gemini Space Station ranks #446 out of 610 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Gemini Space Station has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Gemini Space Station's Debt-to-Equity compare to CSHR and BTGO?
According to the Capital Markets industry distribution chart, Gemini Space Station ranks #446 out of 610 companies for Debt-to-Equity. This places Gemini Space Station in the lower half of its industry. The industry median Debt-to-Equity is 0.32. Gemini Space Station's value of 1.11 is 246.9% above this benchmark. While the company's 10-year median is 1.08 vs. the industry median of 0.32, Gemini Space Station 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 a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 610 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. Gemini Space Station's current Debt-to-Equity of 1.11 is 246.9% 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 Gemini Space Station and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gemini Space Station's current Debt-to-Equity is 1.11, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemini Space Station stock overvalued right now?
Gemini Space Station (GEMI) has a current Debt-to-Equity of 1.11. The current Debt-to-Equity is 1.11, which is near median its 10-year median of 1.08 and 246.9% above the Capital Markets industry median of 0.32. Gemini Space Station's overall GF Score™ is 8/100 with 3 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 Gemini Space Station (GEMI), the current Debt-to-Equity is 1.11 as of Jun. 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.

Gemini Space Station Business Description

Address 600 Third Avenue, 2nd Floor, New York, NY, USA, 10016
Gemini Space Station Inc is engaged on unlocking the next era of financial, creative, and personal freedom. It envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging crypto economy, It is providing access for individuals and institutions to a decentralized future that is more open, fair, and secure. Its core exchange product has expanded over time to become a comprehensive platform for its users to engage with the crypto economy, including a derivatives exchange, staking services, an over-the-counter (OTC) trading desk, institutional-grade custody, and others.
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