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| Date | Value |
|---|---|
| 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 |