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Greystone Logistics Inc (GLGI) |
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Greystone Logistics Inc 's Total Debt to Equity
GLGI's quarterly Total Debt to Equity and Total Debt, Equity growth
Due to debt repayement of -3.6% Greystone Logistics Inc improved Total Debt to Equity in second quarter 2023 to 0.66, a new company low.
Within Industrial Machinery and Components industry in the second quarter 2023, 9 other companies have achieved lower Total Debt to Equity than Greystone Logistics Inc in the II Quarter 2023. While Total Debt to Equity total ranking has improved so far in the second quarter 2023 to 124, from total ranking in the first quarter 2023 at 1711 .
Explain Debt to Equity Ratio?
What is the structure of GLGI´s Total Debt?
How valuable is the GLGI´s Equity?
Select the Comparisons :
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Select the Ratio:
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GLGI Total Debt to Equity |
(Nov 30 2023) II. Quarter |
(Aug 31 2023) I. Quarter |
(May 31 2023) IV. Quarter |
(Feb 28 2023) III. Quarter |
(Nov 30 2022) II. Quarter |
Y / Y Equity Change |
50.33 % |
41.75 % |
29.57 % |
28.71 % |
4.66 % |
Y / Y Total Debt Change |
-14.59 % |
-8.67 % |
27.5 % |
3.7 % |
33.15 % |
Total Debt to Equity MRQ |
0.66 |
0.72 |
0.88 |
0.81 |
1.17 |
GLGI's Total
Ranking |
# 124 |
# 1711 |
# 1987 |
# 1808 |
# 41 |
Seq. Equity Change |
3.87 % |
8.18 % |
7.55 % |
24.39 % |
-2.06 % |
Seq. Total Debt Change |
-3.6 % |
-11.94 % |
16.48 % |
-13.62 % |
3.09 % |
Total Debt to Equity second quarter 2023 Company Ranking |
Within: |
No. |
Industrial Machinery and Components Industry |
# 10 |
Capital Goods Sector |
# 24 |
Overall Market |
# 124 |
Total Debt to Equity Statistics |
High |
Average |
Low |
133.53 |
9.77 |
0.66 |
(Feb 28 2017) |
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(Nov 30 2023) |
Cumulative Greystone Logistics Inc 's Total Debt to Equity
GLGI's Total Debt to Equity for the trailling 12 Months
GLGI Total Debt to Equity |
(Nov 30 2023) II. Quarter |
(Aug 31 2023) I. Quarter |
(May 31 2023) IV. Quarter |
(Feb 28 2023) III. Quarter |
(Nov 30 2022) II. Quarter |
Y / Y Equity TTM Growth |
50.33 % |
41.75 % |
29.57 % |
28.71 % |
4.66 % |
Y / Y Total Debt TTM Growth |
-14.59 % |
-8.67 % |
27.5 % |
3.7 % |
33.15 % |
Total Debt to Equity TTM |
0.76 |
0.87 |
0.97 |
0.98 |
1.04 |
Total
Ranking TTM |
# 1333
| # 2123
| # 2314
| # 2393
| # 2783
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Seq. Equity TTM Growth |
3.87 % |
8.18 % |
7.55 % |
24.39 % |
-2.06 % |
Seq. Total Debt TTM Growth |
-3.6 % |
-11.94 % |
16.48 % |
-13.62 % |
3.09 % |
On the trailing twelve months basis Due to debt repayement of -3.6% Greystone Logistics Inc decreased Total Debt to Equity in the 12 months ending in II Quarter 2023 to 0.76, a new company low. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Industrial Machinery and Components industry 2, during the past 12 months, other companies have achieved lower Total Debt to Equity than Greystone Logistics Inc . While Total Debt to Equity total ranking has improved so far to 482, from total ranking in previous 12 month period at 104.
Explain Debt to Equity Ratio?
What is the structure of GLGI´s Total Debt?
How valuable is the GLGI´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Industrial Machinery and Components Industry |
# 3 |
Capital Goods Sector |
# 5 |
Within the Market |
# 124 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
20.09 |
4.79 |
0.76 | (Nov 30 2017) |
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(Nov 30 2023) |
Companies with similar Total Debt to Equity in the quarter ending Nov 30 2023, within Industrial Machinery and Components Industry | Total Debt to Equity | Nov 30 2023 MRQ Total Debt | Nov 30 2023 MRQ Equity | Carrier Global Corporation | 1.59 | $ 14,293.000 Millions | $ 9,005.000 Millions | Stem Inc | 1.38 | $ 590.478 Millions | $ 426.681 Millions | Nn Inc | 1.23 | $ 153.279 Millions | $ 125.002 Millions | Deere and Co | 1.05 | $ 23,233.000 Millions | $ 22,079.000 Millions | Lincoln Electric Holdings Inc | 0.84 | $ 1,102.775 Millions | $ 1,308.852 Millions | Enerpac Tool Group Corp | 0.76 | $ 244.503 Millions | $ 321.676 Millions | The Middleby Corporation | 0.75 | $ 2,425.195 Millions | $ 3,249.889 Millions | Zebra Technologies Corporation | 0.73 | $ 2,220.000 Millions | $ 3,036.000 Millions | Gates Industrial Corporation Plc | 0.69 | $ 2,451.500 Millions | $ 3,543.900 Millions | Dover Corporation | 0.68 | $ 3,460.041 Millions | $ 5,106.605 Millions | Enovix Corporation | 0.67 | $ 175.016 Millions | $ 261.103 Millions | Greystone Logistics Inc | 0.66 | $ 14.576 Millions | $ 21.957 Millions | Pentair Plc | 0.62 | $ 1,988.300 Millions | $ 3,217.100 Millions | Esab Corporation | 0.62 | $ 1,018.057 Millions | $ 1,647.657 Millions | Spectrum Brands Holdings Inc | 0.61 | $ 1,396.600 Millions | $ 2,301.700 Millions | Lam Research Corporation | 0.61 | $ 4,983.784 Millions | $ 8,222.478 Millions | Nordson Corporation | 0.60 | $ 1,630.456 Millions | $ 2,723.967 Millions | Johnson Controls International Plc | 0.59 | $ 10,609.000 Millions | $ 17,874.000 Millions | Owens Corning | 0.59 | $ 3,046.000 Millions | $ 5,185.000 Millions | Nvent Electric Plc | 0.57 | $ 1,780.700 Millions | $ 3,142.100 Millions | Moog Inc | 0.54 | $ 920.103 Millions | $ 1,707.217 Millions | Enersys | 0.53 | $ 911.770 Millions | $ 1,730.027 Millions | Atkore Inc | 0.51 | $ 763.225 Millions | $ 1,502.345 Millions | Eaton Corporation Plc | 0.49 | $ 9,269.000 Millions | $ 19,069.000 Millions | Ekso Bionics Holdings Inc | 0.48 | $ 6.082 Millions | $ 12.606 Millions | Spx Technologies Inc | 0.47 | $ 558.300 Millions | $ 1,194.600 Millions | Desktop Metal inc | 0.47 | $ 112.895 Millions | $ 241.652 Millions | Kennametal Inc | 0.47 | $ 618.891 Millions | $ 1,328.104 Millions | Curtiss wright Corporation | 0.45 | $ 1,050.362 Millions | $ 2,328.413 Millions | Donaldson Company Inc | 0.45 | $ 614.100 Millions | $ 1,375.800 Millions |
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