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Global Technology Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1.72 Mil. Global Technology Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Global Technology Acquisition I's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $19.11 Mil. Global Technology Acquisition I's debt to equity for the quarter that ended in Jun. 2024 was 0.09.
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 Global Technology Acquisition I's Debt-to-Equity or its related term are showing as below:
During the past 3 years, the highest Debt-to-Equity Ratio of Global Technology Acquisition I was 0.09. The lowest was -5.86. And the median was 0.01.
The historical data trend for Global Technology Acquisition I'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.
Global Technology Acquisition I Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Debt-to-Equity | - | - | 0.01 |
Global Technology Acquisition I Quarterly Data | ||||||||||||||
Feb21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Debt-to-Equity | Get a 7-Day Free Trial | - | - | 0.01 | 0.03 | 0.09 |
For the Shell Companies subindustry, Global Technology Acquisition I'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.
For the Diversified Financial Services industry and Financial Services sector, Global Technology Acquisition I's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Global Technology Acquisition I's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Global Technology Acquisition I's Debt to Equity Ratio for the fiscal year that ended in Dec. 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 | |
= | (0.25 | + | 0) | / | 18.332 | |
= | 0.01 |
Global Technology Acquisition I's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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 | |
= | (1.723 | + | 0) | / | 19.114 | |
= | 0.09 |
* 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.
Global Technology Acquisition I (NAS:GTAC) 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.
Thank you for viewing the detailed overview of Global Technology Acquisition I's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Ainslie Lee S Iii | 10 percent owner | |
Maverick Long Fund, Ltd. | 10 percent owner | C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, SOUTH CHURCH ST., GRAND CAYMAN E9 KY1-1104 |
Maverick Long Enhanced Fund, Ltd. | 10 percent owner | C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, SOUTH CHURCH ST., GRAND CAYMAN E9 KY1-1104 |
Maverick Fund Usa Ltd | 10 percent owner | |
Maverick Fund Ii Ltd | 10 percent owner | C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, SOUTH CHURCH ST., GRAND CAYMAN E9 KY1-1104 |
Maverick Capital Management Llc | 10 percent owner | 300 CRESCENT COURT, 18TH FLOOR, DALLAS TX 75201 |
Maverick Capital Ltd | 10 percent owner | 1900 N. PEARL STREET, 20TH FLOOR, DALLAS TX 75201 |
Aleksander Baranski | officer: See remarks | C/O GLOBAL TECHNOLOGY ACQUISITION CORP., 19 W 24TH STREET, 10TH FLOOR, NEW YORK NY 10010 |
Global Technology Acquisition I Sponsor Lp | 10 percent owner | 19 WEST 24TH ST., 10TH FLOOR, NEW YORK NY 10010 |
Global Technology Acquisition I Sponsor Gp Ltd | 10 percent owner | 19 WEST 24TH ST., 10TH FLOOR, NEW YORK NY 10010 |
Juan Villalonga | director | 601 N FARING RD, LOS ANGELES CA 90077 |
Claudia Gast | director, officer: CFO & Secretary | C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010 |
Jeffrey Stewart Weinstein | officer: Chief Strategy Officer | C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010 |
Fabrice Grinda | director | C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010 |
Arnau Porto Dolc | director, officer: Chief Executive Officer | C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010 |
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