Gorilla Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Gorilla Technology Group has a total shareholder equity of $63.6M and total debt of $25.1M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are $124.9M and $61.3M respectively. Gorilla Technology Group's EBIT is $24.4M making its interest coverage ratio 512.5. It has cash and short-term investments of $34.1M.
Key information
39.5%
Debt to equity ratio
US$25.09m
Debt
| Interest coverage ratio | 512.5x |
| Cash | US$34.13m |
| Equity | US$63.60m |
| Total liabilities | US$61.31m |
| Total assets | US$124.91m |
Recent financial health updates
Recent updates
Investors Give Gorilla Technology Group Inc. (NASDAQ:GRRR) Shares A 30% Hiding
Apr 16
Is 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 ($85.2M) exceed its short term liabilities ($54.3M).
Long Term Liabilities: GRRR's short term assets ($85.2M) exceed its long term liabilities ($7.0M).
Debt to Equity History and Analysis
Debt Level: GRRR has more cash than its total debt.
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 (512.5x coverage).