Global Ports Holding (LSE:GPH) Debt-to-Equity : -8.99 (As of Sep. 2023)

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What is Global Ports Holding Debt-to-Equity?

Global Ports Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £46.7 Mil. Global Ports Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £550.7 Mil. Global Ports Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £-66.5 Mil. Global Ports Holding's debt to equity for the quarter that ended in Sep. 2023 was -8.98.

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 Ports Holding's Debt-to-Equity or its related term are showing as below:

LSE:GPH' s Debt-to-Equity Range Over the Past 10 Years
Min: -60.85 Med: 1.93 Max: 12.22
Current: -8.99

During the past 8 years, the highest Debt-to-Equity Ratio of Global Ports Holding was 12.22. The lowest was -60.85. And the median was 1.93.

LSE:GPH's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.565 vs LSE:GPH: -8.99

Global Ports Holding Debt-to-Equity Historical Data

The historical data trend for Global Ports Holding'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.

Global Ports Holding Debt-to-Equity Chart

Global Ports Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Debt-to-Equity

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1.99

2.78

6.57

-15.81

-10.17

Global Ports Holding Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial											-60.85	-15.81	-9.42	-10.17	-8.99

Competitive Comparison of Global Ports Holding's Debt-to-Equity

For the Marine Shipping subindustry, Global Ports Holding'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.

Global Ports Holding's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Ports Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Global Ports Holding's Debt-to-Equity falls into.

Global Ports Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Ports Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(54.785	+	499.306)	/	-54.502
	=	-10.17

Global Ports Holding's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(46.728	+	550.688)	/	-66.494
	=	-8.98

Global Ports Holding (LSE:GPH) 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.

Global Ports Holding Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Global Ports Holding's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Ports Holding (LSE:GPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Ports Holding PLC (LSE:GPH) » Definitions » Debt-to-Equity

Traded in Other Exchanges

GPHl:UK 6P9:Germany

Address

Buyukdere Cad Number 193, Levent 193 Plaza, Istanbul, TUR, 34394

Website

https://www.globalportsholding.com

Global Ports Holding PLC is an independent cruise port operator. The company serves the needs of the world's cruise lines, ferries, and mega yachts. The company's portfolio includes assets that range from major cruise hubs such as Barcelona and Venice to high-traffic core ports such as Valletta and Cagliari and Singapore cruise ports. It operates two growing commercial ports in Turkey and Montenegro. The group's reportable segments are Western Mediterranean & Atlantic region, Central Mediterranean region, Americas Region and Eastern Mediterranean and Adriatic region, Other operations.

Global Ports Holding (LSE:GPH) Headlines

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