Greystone Logistics Debt-to-Equity Ratio Growth & History (GLGI)
Greystone Logistics's debt-to-equity ratio was 1.61 for fiscal 2026.
View full Greystone Logistics company overviewGreystone Logistics annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 1.61 | 0.79 | +96.71% |
| 2025 | 2025-05-31 | 0.82 | 0.03 | +3.66% |
| 2024 | 2024-05-31 | 0.79 | −0.37 | −31.76% |
| 2023 | 2023-05-31 | 1.16 | 0.01 | +0.96% |
| 2022 | 2022-05-31 | 1.15 | −0.84 | −42.39% |
| 2021 | 2021-05-31 | 1.99 | −2.07 | −51.07% |
| 2020 | 2020-05-31 | 4.06 | −6.96 | −63.14% |
| 2019 | 2019-05-31 | 11.02 | −6.60 | −37.45% |
| 2018 | 2018-05-31 | 17.62 | −352.45 | −95.24% |
| 2017 | 2017-05-31 | 370.07 | — | — |
Greystone Logistics quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 1.61 | 0.79 | +96.71% |
| Q3 2026 | 2026-02-28 | 1.21 | 0.44 | +57.31% |
| Q2 2026 | 2025-11-30 | 0.96 | 0.22 | +29.85% |
| Q1 2026 | 2025-08-31 | 0.84 | 0.08 | +10.88% |
| Q4 2025 | 2025-05-31 | 0.82 | 0.03 | +3.66% |
| Q3 2025 | 2025-02-28 | 0.77 | −0.10 | −11.71% |
| Q2 2025 | 2024-11-30 | 0.74 | −0.17 | −18.33% |
| Q1 2025 | 2024-08-31 | 0.76 | −0.21 | −21.93% |
| Q4 2024 | 2024-05-31 | 0.79 | −0.37 | −31.76% |
| Q3 2024 | 2024-02-29 | 0.87 | −0.24 | −21.88% |
| Q2 2024 | 2023-11-30 | 0.90 | −0.64 | −41.52% |
| Q1 2024 | 2023-08-31 | 0.97 | −0.63 | −39.37% |
| Q4 2023 | 2023-05-31 | 1.16 | 0.01 | +0.96% |
| Q3 2023 | 2023-02-28 | 1.11 | −0.19 | −14.43% |
| Q2 2023 | 2022-11-30 | 1.55 | 0.31 | +24.63% |
| Q1 2023 | 2022-08-31 | 1.60 | 0.40 | +33.03% |
| Q4 2022 | 2022-05-31 | 1.15 | −0.84 | −42.39% |
| Q3 2022 | 2022-02-28 | 1.30 | −1.04 | −44.41% |
| Q2 2022 | 2021-11-30 | 1.24 | −1.48 | −54.40% |
| Q1 2022 | 2021-08-31 | 1.20 | −2.08 | −63.43% |
| Q4 2021 | 2021-05-31 | 1.99 | −2.07 | −51.07% |
| Q3 2021 | 2021-02-28 | 2.34 | −2.39 | −50.56% |
| Q2 2021 | 2020-11-30 | 2.72 | −5.27 | −65.93% |
| Q1 2021 | 2020-08-31 | 3.28 | −5.92 | −64.33% |
| Q4 2020 | 2020-05-31 | 4.06 | −6.96 | −63.14% |
| Q3 2020 | 2020-02-29 | 4.73 | −9.71 | −67.25% |
| Q2 2020 | 2019-11-30 | 7.99 | −5.56 | −41.06% |
| Q1 2020 | 2019-08-31 | 9.21 | −4.31 | −31.90% |
| Q4 2019 | 2019-05-31 | 11.02 | −6.60 | −37.45% |
| Q3 2019 | 2019-02-28 | 14.44 | −63.27 | −81.42% |
| Q2 2019 | 2018-11-30 | 13.55 | −42.06 | −75.63% |
| Q1 2019 | 2018-08-31 | 13.52 | −43.97 | −76.49% |
| Q4 2018 | 2018-05-31 | 17.62 | −352.45 | −95.24% |
| Q3 2018 | 2018-02-28 | 77.71 | — | — |
| Q2 2018 | 2017-11-30 | 55.61 | — | — |
| Q1 2018 | 2017-08-31 | 57.49 | — | — |
| Q4 2017 | 2017-05-31 | 370.07 | — | — |
Greystone Logistics debt-to-equity ratio trends
Over the last five fiscal years, Greystone Logistics's debt-to-equity ratio decreased from 1.99 to 1.61, a change of −0.38. The latest reported quarter, Q4 2026, shows 1.61.
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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