How much debt does Gravity have?
According to Gravity 's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Gravity 's total debt stands at $2.34B. This is broken down into:
- Long-term debt: $-
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-184.08B. In terms of overall financial obligations, Gravity 's total liabilities amount to $114.45B.
Debt Ratios and Metrics
To better understand Gravity 's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.01 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.40% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 989.92 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 0.50% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Gravity 's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$2.34B
Long-term Debt
$-
Short-term Debt
$-
Net Debt
$-184.08B
Total Liabilities
$114.45B
Interest Coverage
989.92
Debt to Equity Ratio
0.01
Debt Ratio
0.40%
Gravity Historical Debt Metrics
Gravity Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $2.34B | $- | $- | $-184.08B | $114.45B | 0.01 | 0.40% | 989.92 | 0.00% | 0.50% |
| 2022 | $3.06B | $- | $- | $-166.82B | $113.91B | 0.01 | 0.69% | 825.53 | 0.00% | 0.92% |
| 2021 | $5.12B | $- | $- | $-93.98B | $80.69B | 0.02 | 1.56% | 848.38 | 0.00% | 2.04% |
| 2020 | $3.25B | $- | $- | $-107.39B | $88.02B | 0.02 | 1.22% | 481.04 | 0.00% | 1.80% |
| 2019 | $3.01B | $- | $- | $-76.42B | $59.66B | 0.03 | 1.71% | 175.90 | 0.00% | 2.54% |
| 2018 | $- | $- | $- | $-86.05B | $97.62B | 0.00 | 0.00% | 2783.76 | 0.00% | 0.00% |
| 2017 | $- | $- | $- | $-39.10B | $71.88B | 0.00 | 0.00% | 67.34 | 0.00% | 0.00% |
| 2016 | $- | $- | $- | $-14.00B | $20.18B | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2015 | $- | $- | $- | $-24.91B | $15.74B | 0.00 | 0.00% | -4307.25 | 0.00% | 0.00% |
| 2014 | $- | $- | $- | $-27.85B | $14.80B | 0.00 | 0.00% | -1011.17 | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for GRVY.