Global Ship Lease Debt-to-Equity Ratio Growth & History (GSL)
Global Ship Lease's debt-to-equity ratio was 0.39 for fiscal 2025.
View full Global Ship Lease company overviewGlobal Ship Lease annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.39 | −0.09 | −18.32% |
| 2024 | 2024-12-31 | 0.47 | −0.21 | −31.16% |
| 2023 | 2023-12-31 | 0.69 | −0.28 | −29.05% |
| 2022 | 2022-12-31 | 0.97 | −0.54 | −35.65% |
| 2021 | 2021-12-31 | 1.50 | −0.15 | −9.26% |
| 2020 | 2020-12-31 | 1.66 | −0.55 | −24.98% |
| 2019 | 2019-12-31 | 2.21 | −0.57 | −20.41% |
| 2018 | 2018-12-31 | 2.77 | 1.19 | +75.06% |
| 2017 | 2017-12-31 | 1.58 | — | — |
| 2013 | 2013-12-31 | 0.92 | −0.24 | −21.02% |
| 2012 | 2012-12-31 | 1.16 | −0.29 | −19.76% |
| 2011 | 2011-12-31 | 1.45 | −0.19 | −11.84% |
| 2010 | 2010-12-31 | 1.64 | — | — |
Global Ship Lease quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.35 | −0.12 | −26.23% |
| Q1 2026 | 2026-03-31 | 0.35 | — | — |
| Q4 2025 | 2025-12-31 | 0.39 | −0.09 | −18.32% |
| Q3 2025 | 2025-09-30 | 0.42 | — | — |
| Q2 2025 | 2025-06-30 | 0.47 | −0.07 | −13.66% |
| Q4 2024 | 2024-12-31 | 0.47 | −0.21 | −31.16% |
| Q2 2024 | 2024-06-30 | 0.54 | −0.31 | −36.29% |
| Q4 2023 | 2023-12-31 | 0.69 | −0.28 | −29.05% |
| Q2 2023 | 2023-06-30 | 0.85 | −0.48 | −35.89% |
| Q4 2022 | 2022-12-31 | 0.97 | −0.54 | −35.65% |
| Q2 2022 | 2022-06-30 | 1.33 | −0.08 | −5.47% |
| Q4 2021 | 2021-12-31 | 1.50 | −0.15 | −9.26% |
| Q2 2021 | 2021-06-30 | 1.40 | −0.55 | −28.00% |
| Q4 2020 | 2020-12-31 | 1.66 | −0.55 | −24.98% |
| Q2 2020 | 2020-06-30 | 1.95 | −0.63 | −24.50% |
| Q4 2019 | 2019-12-31 | 2.21 | −0.57 | −20.41% |
| Q2 2019 | 2019-06-30 | 2.58 | — | — |
| Q4 2018 | 2018-12-31 | 2.77 | 1.19 | +75.06% |
| Q4 2017 | 2017-12-31 | 1.58 | — | — |
| Q4 2013 | 2013-12-31 | 0.92 | −0.24 | −21.02% |
| Q4 2012 | 2012-12-31 | 1.16 | −0.29 | −19.76% |
| Q4 2011 | 2011-12-31 | 1.45 | — | — |
Global Ship Lease debt-to-equity ratio trends
Over the last five fiscal years, Global Ship Lease's debt-to-equity ratio decreased from 1.66 to 0.39, a change of −1.27. The latest reported quarter, Q2 2026, shows 0.35.
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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