Gogoro Balance Sheet Health
Financial Health criteria checks 3/6
Gogoro has a total shareholder equity of $253.6M and total debt of $392.4M, which brings its debt-to-equity ratio to 154.8%. Its total assets and total liabilities are $819.6M and $566.0M respectively.
Key information
154.8%
Debt to equity ratio
US$392.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$119.15m |
| Equity | US$253.56m |
| Total liabilities | US$566.05m |
| Total assets | US$819.61m |
Recent financial health updates
Is Gogoro (NASDAQ:GGR) Using Debt In A Risky Way?
Dec 14
Health Check: How Prudently Does Gogoro (NASDAQ:GGR) Use Debt?
Mar 25Recent updates
Is Gogoro (NASDAQ:GGR) Using Debt In A Risky Way?
Dec 14Take Care Before Jumping Onto Gogoro Inc. (NASDAQ:GGR) Even Though It's 29% Cheaper
Nov 06Investors Give Gogoro Inc. (NASDAQ:GGR) Shares A 48% Hiding
Sep 19Gogoro Inc. (NASDAQ:GGR) Might Not Be As Mispriced As It Looks
Aug 05Health Check: How Prudently Does Gogoro (NASDAQ:GGR) Use Debt?
Mar 25Why Investors Shouldn't Be Surprised By Gogoro Inc.'s (NASDAQ:GGR) 30% Share Price Plunge
Feb 27Gogoro: Forget Latam, It's Only Big In Taiwan
Feb 03What Does The Future Hold For Gogoro Inc. (NASDAQ:GGR)? These Analysts Have Been Cutting Their Estimates
Dec 15Analysts Have Lowered Expectations For Gogoro Inc. (NASDAQ:GGR) After Its Latest Results
Feb 19Gogoro: Good H1 Results And A Strong Balance Sheet
Oct 05Gogoro strengthens capital structure with new $345M credit facility
Sep 28Gogoro surpasses half a million monthly battery swapping subscribers in Taiwan
Aug 24Some Gogoro Inc. (NASDAQ:GGR) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 16Gogoro GAAP EPS of -$0.53, revenue of $90.72M
Aug 11Gogoro Continues Expansion Plans After SPAC Merger
Jun 08Gogoro Looks Undervalued But Expansion In China Could Face Issues
May 03Financial Position Analysis
Short Term Liabilities: GGR's short term assets ($274.3M) exceed its short term liabilities ($212.9M).
Long Term Liabilities: GGR's short term assets ($274.3M) do not cover its long term liabilities ($353.2M).
Debt to Equity History and Analysis
Debt Level: GGR's net debt to equity ratio (107.8%) is considered high.
Reducing Debt: Insufficient data to determine if GGR's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GGR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GGR has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 13.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:05 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gogoro Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yanfang Jiang | Benchmark Company |
| Hei Yu Lam | Citigroup Inc |
| Chenghsin Lin | J.P. Morgan |