Liquidity has effectively collapsed to a current ratio of 0.00 as of 2025Q4, leaving the firm with a precarious cash balance of only $40,511.
| Total Current Assets | 95.13K | 32.57M | 29.24M | 21.05M | 21.05M |
| Cash & Short-Term Investments | 40.51K | 2.68M | 2.54M | 3.24M | 3.24M |
| Cash Only | 40.51K | 2.68M | 2.54M | 3.24M | 3.24M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 54.12K | 17.81M | 19.54M | 9.13M | 9.13M |
| Days Sales Outstanding | - | 66.66 | 92.11 | 50.63 | 50.63 |
| Inventory | 0 | 4.83M | 3.07M | 2.99M | 2.99M |
| Days Inventory Outstanding | - | 20.92 | 17.63 | 19.79 | 19.79 |
| Other Current Assets | 0 | 1.66M | 1.29M | 1.25M | 1.25M |
| Total Non-Current Assets | 18.08M | 16.99M | 18.59M | 3.99M | 3.99M |
| Property, Plant & Equipment | 0 | 2.1M | 1.61M | 1.35M | 1.35M |
| Fixed Asset Turnover | - | 46.37x | 48.04x | 48.84x | 48.84x |
| Goodwill | 0 | 2.99M | 2.05M | 0 | 0 |
| Intangible Assets | 0 | 10.13M | 14.76M | 2.6M | 2.6M |
| Long-Term Investments | 18.08M | 71.05K | 71.05K | 0 | 0 |
| Other Non-Current Assets | 0 | 1.23M | 0 | 0 | 0 |
| Total Assets | 18.18M | 49.56M | 47.82M | 25.04M | 25.04M |
| Asset Turnover | - | 1.97x | 1.62x | 2.63x | 2.63x |
| Asset Growth % | -63.32% | 3.63% | 90.98% | - | - |
| Total Current Liabilities | 7.61M | 30.4M | 25.1M | 10.59M | 10.59M |
| Accounts Payable | 0 | 13.58M | 12.6M | 6.47M | 6.47M |
| Days Payables Outstanding | - | 58.87 | 72.3 | 42.75 | 42.75 |
| Short-Term Debt | 1.83M | 9.3M | 9.41M | 2.47M | 2.47M |
| Deferred Revenue (Current) | 0 | 209.9K | 363.73K | 433.92K | 433.92K |
| Other Current Liabilities | 5.79M | 2.32M | 759K | 431.48K | 0 |
| Current Ratio | 0.01x | 1.07x | 1.16x | 1.99x | 1.99x |
| Quick Ratio | 0.01x | 0.91x | 1.04x | 1.70x | 1.70x |
| Cash Conversion Cycle | - | 28.7 | 37.43 | 27.67 | 27.67 |
| Total Non-Current Liabilities | 0 | 2.54M | 5.41M | 1.83M | 1.83M |
| Long-Term Debt | 0 | 208.01K | 837.56K | 1.42M | 1.42M |
| Capital Lease Obligations | 0 | 604.87K | 424.8K | 404.13K | 404.13K |
| Deferred Tax Liabilities | 0 | 346.97K | 609.57K | 6.74K | 6.74K |
| Other Non-Current Liabilities | 0 | 1.38M | 3.53M | 0 | 0 |
| Total Liabilities | 7.61M | 32.93M | 30.5M | 12.43M | 12.43M |
| Total Debt | 1.83M | 10.98M | 11.19M | 4.81M | 4.81M |
| Net Debt | 1.78M | 8.3M | 8.64M | 1.58M | 1.58M |
| Debt / Equity | 0.17x | 0.66x | 0.65x | 0.38x | 0.38x |
| Debt / EBITDA | - | - | 2.19x | 1.03x | 1.03x |
| Net Debt / EBITDA | - | - | 1.69x | 0.34x | 0.34x |
| Interest Coverage | - | -2.76x | 15.44x | 46.46x | 34.36x |
| Total Equity | 10.56M | 16.63M | 17.32M | 12.62M | 12.62M |
| Equity Growth % | -36.45% | -4.01% | 37.3% | - | - |
| Book Value per Share | 1.92 | 0.13 | 0.14 | 0.10 | 0.10 |
| Total Shareholders' Equity | 10.56M | 14.26M | 14.55M | 12.59M | 12.59M |
| Common Stock | 18.04M | 702.59K | 166.5K | 166.5K | 166.5K |
| Retained Earnings | -7.47M | 11.94M | 13.31M | 11.33M | 11.33M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -120.55K | -28.86K | -3.52K | -3.52K |
| Minority Interest | 0 | 2.37M | 2.77M | 23.77K | 23.77K |
Critical liquidity and solvency
As reported in financial statements, GCL's cash position has plummeted to a nominal $40,511 by 2025Q4, signaling a severe contraction in liquidity that leaves the company with virtually no buffer against operational volatility or the ongoing absence of consistent, revenue-generating activities across its core business segments.
The erratic movement in total assets and liabilities suggests a lack of structural stability, likely exacerbated by the company's reliance on external financing rather than organic growth. Investors should monitor the persistent volatility in equity, which appears to be driven more by accounting adjustments than by the accumulation of retained earnings.
Based on the most recent quarterly data, GCL's current ratio has effectively collapsed to 0.00, indicating that the company's current liabilities vastly outweigh its liquid assets and leaving it in a precarious position regarding its ability to meet short-term financial obligations without immediate capital intervention.
The rapid depletion of cash reserves from $2.7M in 2024Q4 to just $40,511 in 2025Q4 highlights a critical liquidity crunch that warrants immediate investigation. This trend suggests that the company may be facing significant pressure to secure additional funding to maintain even basic administrative operations.
According to the provided balance sheet data, GCL maintains a low debt-to-equity ratio of 0.17, which, while appearing conservative on the surface, likely reflects a lack of access to traditional credit markets rather than a strategic choice to avoid leverage in a capital-intensive gaming industry.
While the absolute debt level of $1.8M remains relatively small, the company's inability to generate revenue makes even this modest obligation a potential burden on its limited cash flow. The reliance on equity-based financing or external capital injections appears to be the primary mechanism for sustaining the business, which may lead to future shareholder dilution.
As indicated by the financial filings, the presence of $3.0M in goodwill alongside minimal tangible assets suggests that the company's valuation is heavily dependent on intangible factors that may be subject to impairment if the underlying business model fails to achieve commercial viability in the near term.
The lack of significant property, plant, and equipment, combined with the reliance on goodwill, implies that GCL's asset base is highly sensitive to management's assumptions regarding future growth. Investors should be wary that these intangible assets may not provide any meaningful recovery value should the company's operational challenges persist.
Quick answers to the most common questions about buying GCL stock.
As of 2025, GCL Global Holdings Ltd Ordinary Shares (GCL) had total assets of $18.2M including $0.1M in current assets.
GCL Global Holdings Ltd Ordinary Shares (GCL) carries total debt of $1.8M, offset by $0.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GCL Global Holdings Ltd Ordinary Shares (GCL) has total shareholders' equity (book value) of $10.6M ($1.92 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GCL Global Holdings Ltd Ordinary Shares (GCL) reported a current ratio of 0.01x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.