Graphene & Solar Technologies (GSTX) Debt to Equity (2011 - 2023)

Graphene & Solar Technologies (GSTX) posted quarterly Debt to Equity of -$0.39 for Q2 2023, down 8.23% on a QoQ basis from -$0.36 in Q1 2023.

Graphene & Solar Technologies (GSTX) Debt to Equity (2011 - 2023) Analysis & Trends

Graphene & Solar Technologies (GSTX) has reported Debt to Equity for 12 consecutive years, with -$0.39 the latest figure, recorded in Q2 2023.

  • In Q2 2023, Debt to Equity changed N/A year-over-year to -$0.39; the TTM figure through Jun 2023 stood at -$0.39 (changed N/A YoY), while the FY2022 annual figure was -$0.33, down 214.32% from the prior year.
  • Debt to Equity came in at -$0.39 for Q2 2023 at Graphene & Solar Technologies, down from -$0.36 in the prior quarter.
  • The five-year high for Debt to Equity was $0.37 in Q4 2021, with the low at -$0.93 in Q3 2019.
  • Average Debt to Equity over 5 years is -$0.39, with a median of -$0.38 recorded in 2021.
  • Across the five-year window, Debt to Equity sank 1427.19% in 2020 and surged 167.73% in 2021, its largest moves.
  • Year by year, Debt to Equity stood at -$0.87 in 2019, then jumped by 50.47% to -$0.43 in 2020, then soared by 185.68% to $0.37 in 2021, then plunged by 195.41% to -$0.35 in 2022, then fell by 10.3% to -$0.39 in 2023.
  • According to Business Quant data, Debt to Equity over the past three periods registered -$0.39, -$0.36, and -$0.35 for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 0.27
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 0.35
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn -
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn -
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 0.56
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 0.90
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 0.31
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 0.01
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 0.20
10 Graphene & Solar Technologies 90.86 Mn 90.74 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 -0.39
Mar 31, 2023 -0.36
Dec 31, 2022 -0.35
Sep 30, 2022 -0.33
Mar 23, 2021 -0.38
Jun 30, 2020 -0.81
Sep 30, 2019 -0.93
Jun 30, 2017 -0.30
Mar 31, 2017 -0.31
Dec 31, 2016 -0.32
Mar 31, 2016 -0.40
Dec 31, 2015 -0.22
Sep 30, 2012 0.00
Jun 30, 2012 0.00
Mar 31, 2012 0.08
Dec 31, 2011 0.16