GPL Holdings (GPL Holdings) Debt-to-Equity : -1.08 (As of Oct. 2023)

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What is GPL Holdings Debt-to-Equity?

GPL Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.14 Mil. GPL Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. GPL Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $-0.13 Mil. GPL Holdings's debt to equity for the quarter that ended in Oct. 2023 was -1.08.

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

GPLL' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.09 Med: -1.02 Max: -1
Current: -1.08

During the past 3 years, the highest Debt-to-Equity Ratio of GPL Holdings was -1.00. The lowest was -1.09. And the median was -1.02.

GPLL's Debt-to-Equity is not ranked
in the Biotechnology industry.
Industry Median: 0.14 vs GPLL: -1.08

GPL Holdings Debt-to-Equity Historical Data

The historical data trend for GPL Holdings'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.

GPL Holdings Debt-to-Equity Chart

GPL Holdings Annual Data

Trend

Jul21

Jul22

Jul23

Debt-to-Equity

-0.20

-1.00

-1.09

GPL Holdings Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial				-1.00	-1.03	-1.01	-1.09	-1.08

Competitive Comparison of GPL Holdings's Debt-to-Equity

For the Biotechnology subindustry, GPL Holdings'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.

GPL Holdings's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GPL Holdings's Debt-to-Equity distribution charts can be found below:

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

GPL Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GPL Holdings's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 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
	=	(0.123	+	0)	/	-0.113
	=	-1.09

GPL Holdings's Debt to Equity Ratio for the quarter that ended in Oct. 2023 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
	=	(0.142	+	0)	/	-0.131
	=	-1.08

GPL Holdings (OTCPK:GPLL) 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.

GPL Holdings Debt-to-Equity Related Terms

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GPL Holdings (GPL Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » GPL Holdings Inc (OTCPK:GPLL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Sylvester Crawford, 433 Estudillo Avenue, Suite 206, San Leandro, CA, USA, 94577

Website

GPL Holdings Inc is a shell company.

GPL Holdings (GPL Holdings) Headlines

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