Glory Debt To Equity from 2010 to 2024

GSMGW Stock  USD 0  0.0001  8.33%   
Glory Star Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.03 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.034
Current Value
0.0323
Quarterly Volatility
0.06560924
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glory Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glory Star's main balance sheet or income statement drivers, such as Tax Provision of 58 K, Net Interest Income of 3.1 K or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.29. Glory financial statements analysis is a perfect complement when working with Glory Star Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Latest Glory Star's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Glory Star New over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Glory Star's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glory Star's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.04 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Glory Debt To Equity Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.09
Coefficient Of Variation58.81
Mean Deviation0.06
Median0.17
Standard Deviation0.07
Sample Variance0
Range0.1399
R-Value(0.87)
Mean Square Error0
R-Squared0.77
Significance0.00002
Slope(0.01)
Total Sum of Squares0.06

Glory Debt To Equity History

2024 0.0323
2023 0.034
2022 0.0296
2021 0.0404
2020 0.0926
2018 0.0445

About Glory Star Financial Statements

Glory Star investors use historical fundamental indicators, such as Glory Star's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Glory Star. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.03  0.03 

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Additional Tools for Glory Stock Analysis

When running Glory Star's price analysis, check to measure Glory Star's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glory Star is operating at the current time. Most of Glory Star's value examination focuses on studying past and present price action to predict the probability of Glory Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory Star's price. Additionally, you may evaluate how the addition of Glory Star to your portfolios can decrease your overall portfolio volatility.