Guardforce AI Co annual debt-to-equity ratio
2019
2021
2022
2023
2024
2025
Guardforce AI Co Debt-to-Equity Ratio Growth & History (GFAI)
Guardforce AI Co's debt-to-equity ratio was 0.12 for fiscal 2025.
View full Guardforce AI Co company overviewGuardforce AI Co annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.12 | 0.05 | +59.82% |
| 2024 | 2024-12-31 | 0.08 | −0.04 | −36.55% |
| 2023 | 2023-12-31 | 0.12 | −0.80 | −86.83% |
| 2022 | 2022-12-31 | 0.93 | −1.88 | −67.03% |
| 2021 | 2021-12-31 | 2.81 | — | — |
| 2019 | 2019-12-31 | 2.97 | — | — |
Guardforce AI Co quarterly debt-to-equity ratio
Q4.19
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.12 | 0.05 | +59.82% |
| Q2 2025 | 2025-06-30 | 0.07 | −0.04 | −37.16% |
| Q4 2024 | 2024-12-31 | 0.08 | −0.04 | −36.55% |
| Q2 2024 | 2024-06-30 | 0.12 | −0.59 | −83.45% |
| Q4 2023 | 2023-12-31 | 0.12 | −0.80 | −86.83% |
| Q2 2023 | 2023-06-30 | 0.71 | 0.62 | +759.62% |
| Q4 2022 | 2022-12-31 | 0.93 | −1.88 | −67.03% |
| Q2 2022 | 2022-06-30 | 0.08 | — | — |
| Q4 2021 · Dec 31 | 2021-12-31 | 2.81 | — | — |
| Q4 2019 | 2019-12-31 | 5.07 | — | — |
Guardforce AI Co debt-to-equity ratio trends
Between the periods ended 2019-12-31 and 2025-12-31, Guardforce AI Co's debt-to-equity ratio decreased from 2.97 to 0.12, a change of −2.85. The latest reported quarter, Q4 2025, shows 0.12.
About the metric
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.
Calculation and source
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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