Total assets have undergone a rapid contraction from $118.1 million in 2023Q3 to $18.2 million by 2025Q4, while $3.0 million in goodwill suggests that book value may be significantly overstated.
| Total Current Assets | 95.13K | 32.57M | 29.24M | 21.05M |
| Cash & Short-Term Investments | 40.51K | 2.68M | 2.54M | 3.24M |
| Cash Only | 40.51K | 2.68M | 2.54M | 3.24M |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 54.12K | 17.81M | 19.54M | 9.13M |
| Days Sales Outstanding | - | 66.66 | 92.11 | 50.63 |
| Inventory | 0 | 4.83M | 3.07M | 2.99M |
| Days Inventory Outstanding | - | 20.92 | 17.63 | 19.79 |
| Other Current Assets | 0 | 1.66M | 1.29M | 1.25M |
| Total Non-Current Assets | 18.08M | 16.99M | 18.59M | 3.99M |
| Property, Plant & Equipment | 0 | 2.1M | 1.61M | 1.35M |
| Fixed Asset Turnover | - | 46.37x | 48.04x | 48.84x |
| Goodwill | 0 | 2.99M | 2.05M | 0 |
| Intangible Assets | 0 | 10.13M | 14.76M | 2.6M |
| Long-Term Investments | 18.08M | 71.05K | 71.05K | 0 |
| Other Non-Current Assets | 0 | 1.23M | 0 | 0 |
| Total Assets | 18.18M | 49.56M | 47.82M | 25.04M |
| Asset Turnover | - | 1.97x | 1.62x | 2.63x |
| Asset Growth % | -63.32% | 3.63% | 90.98% | - |
| Total Current Liabilities | 7.61M | 30.4M | 25.1M | 10.59M |
| Accounts Payable | 0 | 13.58M | 12.6M | 6.47M |
| Days Payables Outstanding | - | 58.87 | 72.3 | 42.75 |
| Short-Term Debt | 1.83M | 9.3M | 9.41M | 2.47M |
| Deferred Revenue (Current) | 0 | 209.9K | 363.73K | 433.92K |
| Other Current Liabilities | 5.79M | 2.32M | 759K | 431.48K |
| Current Ratio | 0.01x | 1.07x | 1.16x | 1.99x |
| Quick Ratio | 0.01x | 0.91x | 1.04x | 1.70x |
| Cash Conversion Cycle | - | 28.7 | 37.43 | 27.67 |
| Total Non-Current Liabilities | 0 | 2.54M | 5.41M | 1.83M |
| Long-Term Debt | 0 | 208.01K | 837.56K | 1.42M |
| Capital Lease Obligations | 0 | 604.87K | 424.8K | 404.13K |
| Deferred Tax Liabilities | 0 | 346.97K | 609.57K | 6.74K |
| Other Non-Current Liabilities | 0 | 1.38M | 3.53M | 0 |
| Total Liabilities | 7.61M | 32.93M | 30.5M | 12.43M |
| Total Debt | 1.83M | 10.98M | 11.19M | 4.81M |
| Net Debt | 1.78M | 8.3M | 8.64M | 1.58M |
| Debt / Equity | 0.17x | 0.66x | 0.65x | 0.38x |
| Debt / EBITDA | - | - | 2.19x | 1.03x |
| Net Debt / EBITDA | - | - | 1.69x | 0.34x |
| Interest Coverage | - | -2.76x | 15.44x | 46.46x |
| Total Equity | 10.56M | 16.63M | 17.32M | 12.62M |
| Equity Growth % | -36.45% | -4.01% | 37.3% | - |
| Book Value per Share | 1.92 | 0.13 | 0.14 | 0.10 |
| Total Shareholders' Equity | 10.56M | 14.26M | 14.55M | 12.59M |
| Common Stock | 18.04M | 702.59K | 166.5K | 166.5K |
| Retained Earnings | -7.47M | 11.94M | 13.31M | 11.33M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -120.55K | -28.86K | -3.52K |
| Minority Interest | 0 | 2.37M | 2.77M | 23.77K |
Imminent liquidity and solvency risk
As reported in financial statements, GCLWW's cash reserves have plummeted to a nominal $40,511 as of 2025Q4, representing a critical liquidity shortfall that leaves the company with virtually no buffer to cover operating expenses or manage the inherent volatility of its regional distribution business model.
The current ratio of 0.00 indicates that the company lacks the liquid assets necessary to meet its short-term obligations, suggesting a high probability of technical insolvency. Investors should monitor whether the company can secure emergency financing, as the current cash position is insufficient to sustain operations through a standard quarterly cycle.
Based on the provided financial data, GCLWW's balance sheet has undergone a significant contraction, with total assets falling from a peak of $118.1 million in 2023Q3 to just $18.2 million by 2025Q4, signaling a rapid erosion of the company's underlying capital base over the last ten quarters.
This downward trajectory in asset value, coupled with the inability to maintain positive retained earnings, suggests that the business model is failing to generate the scale required for self-sufficiency. The consistent decline in asset quality implies that the company is struggling to replace its capital base as it burns through existing resources.
According to recent SEC filings, GCLWW's equity position has been severely impacted by accumulated deficits, with retained earnings swinging to a negative $7.5 million in 2025Q3 before a marginal recovery, highlighting the volatility and lack of consistent value creation for shareholders within the current structure.
The fluctuation in equity suggests that the company may be relying on external capital injections or accounting adjustments rather than organic growth to maintain its book value. This instability in the equity base warrants further investigation into the company's long-term ability to maintain a positive net worth.
As reported in financial statements, the presence of $3.0 million in goodwill alongside minimal tangible assets suggests that the company's book value may be significantly overstated, as these intangible assets provide little to no liquidity in a potential distress or liquidation scenario for the firm.
The reliance on goodwill in a business model that is currently burning cash and failing to generate consistent revenue indicates a high risk of future impairment charges. Investors should be wary that the headline equity figure may not reflect the true realizable value of the company's assets in a stressed environment.
Quick answers to the most common questions about buying GCLWW stock.
As of 2025, GCL Global Holdings Ltd Warrants (GCLWW) had total assets of $18.2M including $0.1M in current assets.
GCL Global Holdings Ltd Warrants (GCLWW) 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 Warrants (GCLWW) 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 Warrants (GCLWW) 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.