GigaCloud Technology Debt-to-Equity Ratio Growth & History (GCT)
GigaCloud Technology's debt-to-equity ratio was 0.97 for fiscal 2025.
View full GigaCloud Technology company overviewGigaCloud Technology annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.97 | −0.23 | −19.10% |
| 2024 | 2024-12-31 | 1.20 | −0.19 | −13.93% |
| 2023 | 2023-12-31 | 1.39 | 0.63 | +82.84% |
| 2022 | 2022-12-31 | 0.76 | 0.71 | +1329.16% |
| 2021 | 2021-12-31 | 0.05 | — | — |
GigaCloud Technology quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.95 | −0.14 | −12.61% |
| Q1 2026 | 2026-03-31 | 0.93 | −0.21 | −18.50% |
| Q4 2025 | 2025-12-31 | 0.97 | −0.23 | −19.10% |
| Q3 2025 | 2025-09-30 | 1.01 | −0.25 | −19.82% |
| Q2 2025 | 2025-06-30 | 1.09 | −0.36 | −24.81% |
| Q1 2025 | 2025-03-31 | 1.14 | −0.34 | −22.97% |
| Q4 2024 | 2024-12-31 | 1.20 | −0.19 | −13.93% |
| Q3 2024 | 2024-09-30 | 1.26 | — | — |
| Q2 2024 | 2024-06-30 | 1.44 | — | — |
| Q1 2024 | 2024-03-31 | 1.48 | — | — |
| Q4 2023 | 2023-12-31 | 1.39 | 0.63 | +82.84% |
| Q4 2022 | 2022-12-31 | 0.76 | 0.71 | +1329.16% |
| Q4 2021 | 2021-12-31 | 0.05 | — | — |
GigaCloud Technology debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, GigaCloud Technology's debt-to-equity ratio increased from 0.05 to 0.97, a change of 0.91. The latest reported quarter, Q2 2026, shows 0.95.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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