Gloe (TSE:9565) Debt-to-Equity : 0.56 (As of Oct. 2024)

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What is Gloe Debt-to-Equity?

Gloe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was 円147 Mil. Gloe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was 円115 Mil. Gloe's Total Stockholders Equity for the quarter that ended in Oct. 2024 was 円469 Mil. Gloe's debt to equity for the quarter that ended in Oct. 2024 was 0.56.

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

TSE:9565' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 1.38 Max: 4.57
Current: 0.56

During the past 5 years, the highest Debt-to-Equity Ratio of Gloe was 4.57. The lowest was 0.56. And the median was 1.38.

TSE:9565's Debt-to-Equity is ranked worse than
78.64% of 412 companies
in the Interactive Media industry
Industry Median: 0.13 vs TSE:9565: 0.56

Gloe Debt-to-Equity Historical Data

The historical data trend for Gloe'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.

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Gloe Debt-to-Equity Chart

Gloe Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

Debt-to-Equity

4.57

3.40

1.38

0.64

0.56

Gloe Quarterly Data
	Oct20	Oct21	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
Debt-to-Equity	Get a 7-Day Free Trial						0.67	0.64	0.64	0.61	0.56

Competitive Comparison of Gloe's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Gloe'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.

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

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

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

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Gloe Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gloe's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(147.095	+	114.513)	/	468.878
	=	0.56

Gloe's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(147.095	+	114.513)	/	468.878
	=	0.56

Gloe (TSE:9565) 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.

Gloe Debt-to-Equity Related Terms

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

Gloe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gloe Inc (TSE:9565) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-1 Daikyo-cho, 6th Floor Grand First Shinjuku Gyoen, Shinjuku-ku, Tokyo, JPN, 160-0015

Website

https://www.gloe.jp

Gloe Inc is engaged in game and e-sports-related planning and production, tournament management, production, consulting, promotion, facility management, etc.

Gloe Headlines

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