Gorilla Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Gorilla Technology Group has a total shareholder equity of $72.1M and total debt of $35.1M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are $133.1M and $61.1M respectively. Gorilla Technology Group's EBIT is $31.2M making its interest coverage ratio 326.1. It has cash and short-term investments of $12.8M.
Key information
48.7%
Debt to equity ratio
US$35.09m
Debt
| Interest coverage ratio | 326.1x |
| Cash | US$12.76m |
| Equity | US$72.06m |
| Total liabilities | US$61.06m |
| Total assets | US$133.11m |
Recent financial health updates
Recent updates
Investors Should Be Encouraged By Gorilla Technology Group's (NASDAQ:GRRR) Returns On Capital
Oct 22
Further Upside For Gorilla Technology Group Inc. (NASDAQ:GRRR) Shares Could Introduce Price Risks After 44% Bounce
Sep 16Cautious Investors Not Rewarding Gorilla Technology Group Inc.'s (NASDAQ:GRRR) Performance Completely
Aug 02Investors Give Gorilla Technology Group Inc. (NASDAQ:GRRR) Shares A 30% Hiding
Apr 16Is Gorilla Technology Group (NASDAQ:GRRR) Using Too Much Debt?
Mar 17Market Might Still Lack Some Conviction On Gorilla Technology Group Inc. (NASDAQ:GRRR) Even After 68% Share Price Boost
Feb 19Gorilla Technology Group Inc. (NASDAQ:GRRR) Just Reported, And Analysts Assigned A US$4.97 Price Target
Feb 09Investors Will Want Gorilla Technology Group's (NASDAQ:GRRR) Growth In ROCE To Persist
Feb 07Gorilla Technology Group Inc. (NASDAQ:GRRR) Stock's 67% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 08Gorilla Technology Group GAAP EPS of -$0.29, revenue of $13.8M
Oct 06Gorilla Technology appoints Jay Chandan as CEO
Sep 13Gorilla names new CFO
Jul 25Financial Position Analysis
Short Term Liabilities: GRRR's short term assets ($94.7M) exceed its short term liabilities ($54.9M).
Long Term Liabilities: GRRR's short term assets ($94.7M) exceed its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: GRRR's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GRRR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRRR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRRR's interest payments on its debt are well covered by EBIT (326.1x coverage).