GiG Software (OSTO:GIG SDB) Debt-to-Equity : 0.07 (As of Mar. 2025)

View and export this data going back to 2024. Start your Free Trial

What is GiG Software Debt-to-Equity?

GiG Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr26.3 Mil. GiG Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr12.1 Mil. GiG Software's Total Stockholders Equity for the quarter that ended in Mar. 2025 was kr552.1 Mil. GiG Software's debt to equity for the quarter that ended in Mar. 2025 was 0.07.

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 GiG Software's Debt-to-Equity or its related term are showing as below:

OSTO:GIG SDB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.76 Max: 17.58
Current: 0.07

During the past 6 years, the highest Debt-to-Equity Ratio of GiG Software was 17.58. The lowest was 0.07. And the median was 0.76.

OSTO:GIG SDB's Debt-to-Equity is ranked better than
62.68% of 418 companies
in the Interactive Media industry
Industry Median: 0.13 vs OSTO:GIG SDB: 0.07

GiG Software Debt-to-Equity Historical Data

The historical data trend for GiG Software'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.

GiG Software Debt-to-Equity Chart

GiG Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

3.90

17.58

4.64

N/A

0.08

GiG Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial					N/A	N/A	0.07	0.08	0.07

Competitive Comparison of GiG Software's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, GiG Software'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.

GiG Software's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GiG Software's Debt-to-Equity distribution charts can be found below:

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

Save Embed

;

Save Embed

;

GiG Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GiG Software's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(29.159	+	19.359)	/	631.022
	=	0.08

GiG Software's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(26.291	+	12.05)	/	552.101
	=	0.07

GiG Software (OSTO:GIG SDB) 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.

GiG Software Debt-to-Equity Related Terms

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

GiG Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GiG Software PLC (OSTO:GIG SDB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

K0W:Germany

Address

Triq id-Dragunara, St Julian’s, MLT, STJ 3148

Website

https://www.gig.com

GiG Software PLC is a B2B provider of software within the iGaming industry, offering its proprietary technical platform solutions and services tailored to casino operators through a SaaS model. The Company enables operators to design, implement, and operate online casinos through its comprehensive turn-key platform and surrounding product suite. Its products and services are iGaming Platform, Sportsbook Sweepstakes Social Casino, AI Solutions, and Turnkey iGaming services.

GiG Software Headlines

No Headlines