Gulf Marine Services annual net debt
2020
2021
2022
2023
2024
2025
Gulf Marine Services Net Debt Growth & History (GMS)
Gulf Marine Services's net debt was $186.8M for fiscal 2025.
View full Gulf Marine Services company overviewGulf Marine Services annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $186.8M | −$13.6M | −6.78% |
| 2024 | 2024-12-31 | $200.4M | −$70.3M | −25.96% |
| 2023 | 2023-12-31 | $270.6M | −$48.7M | −15.25% |
| 2022 | 2022-12-31 | $319.3M | −$54.8M | −14.66% |
| 2021 | 2021-12-31 | $374.2M | −$35.4M | −8.64% |
| 2020 | 2020-12-31 | $409.5M | — | — |
Gulf Marine Services quarterly net debt
Q4.24
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $186.8M | −$13.6M | −6.78% |
| Q4 2024 | 2024-12-31 | $200.4M | — | — |
Gulf Marine Services net debt trends
Over the last five fiscal years, Gulf Marine Services's net debt decreased from $409.5M to $186.8M, a change of −$222.8M. The latest reported quarter, Q4 2025, shows $186.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Gulf Marine Services source filings ↗Community posts
Gulf Marine Services: conflict disruption and impairment drive an H1 loss
Gulf Marine Services reported interim results on 7 September 2026. Measure H1 2026 H1 2025 Adjusted revenue $84.1m $87.1m Adjusted EBITDA $43.8m $50.8m Reported net profit/(loss) $(14.8)m $3.9m Adjusted net profit $6.9m $14.1m Fleet utilisa ...