GCL Global Holdings Ltd (GCL) Balance Sheet
GCL balance sheet, FY2026
March 31, 2026 · U.S. dollars$183.2M assets = $142.3M liabilities + $40.9M equity
Both columns are drawn to the same scale: what GCL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GCL financial health
Descriptive bands, not a rating. Fiscal FY2026.
GCL balance sheet trends, FY2022–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $25.0MFY2022 | $183.2MFY2026 | +64.5%/yr | |
| Total liabilities | $12.4MFY2022 | $142.3MFY2026 | +84.0%/yr | |
| Shareholders’ equity | $12.6MFY2022 | $36.8MFY2026 | +30.7%/yr | |
| Cash & short-term investments | $3.2MFY2022 | $39.3MFY2026 | +86.7%/yr | |
| Total debt | $4.8MFY2022 | $60.1MFY2026 | +87.9%/yr | |
| Net cash (debt) | −$1.6MFY2022 | −$20.7MFY2026 | −$19.2M | |
| Working capital | $10.5MFY2022 | $42.9MFY2026 | +$32.5M | |
| Book value per share | $0.10FY2022 | $0.30FY2026 | +31.5%/yr | |
| Current ratio | 1.99FY2022 | 1.52FY2026 | −0.47 | |
| Debt / equity | 0.38FY2022 | 1.63FY2026 | +1.25 | |
| Shares outstanding | 126.2MFY2022 | 123.2MFY2026 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GCL assets
GCL liabilities and equity
GCL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GCL balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $39.3M | $40,511 | $2.7M | $2.5M | $3.2M |
| Cash & equivalents | $39.3M | $40,511 | $2.7M | $2.5M | $3.2M |
| Receivables | $38.5M | $54,120 | $17.8M | $19.5M | $9.1M |
| Inventory | $32.4M | $5.9M | $4.8M | $3.1M | $3.0M |
| Other current assets | $15.9M | $0 | $7.3M | $4.1M | $5.7M |
| Total current assets | $126.1M | $95,131 | $32.6M | $29.2M | $21.1M |
| Property, plant & equipment (net) | $5.7M | $1.2M | $2.1M | $1.6M | $1.3M |
| Goodwill & intangible assets | $28.5M | $19.5M | $13.1M | $16.8M | $2.6M |
| Long-term investments | $0 | $15.4M | $71,045 | $71,045 | $0 |
| Other non-current assets | $22.8M | $0 | $1.7M | $94,898 | $40,730 |
| Total assets | $183.2M | $18.2M | $49.6M | $47.8M | $25.0M |
| Liabilities | |||||
| Accounts payable | $32.8M | $33.0M | $13.6M | $12.6M | $6.5M |
| Short-term debt | $25.7M | $1.8M | $10.2M | $9.9M | $3.0M |
| Deferred revenue | $8.2M | $505,323 | $209,903 | $363,726 | $433,924 |
| Total current liabilities | $83.1M | $7.6M | $30.4M | $25.1M | $10.6M |
| Long-term debt | $0 | $1.4M | $208,010 | $837,564 | $1.4M |
| Lease obligations | — | $736,253 | $1.5M | $942,042 | $916,421 |
| Other long-term liabilities | $59.2M | $10.9M | $2.3M | $4.6M | $410,869 |
| Total liabilities | $142.3M | $7.6M | $32.9M | $30.5M | $12.4M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $12,803 | $18.0M | $702,592 | $166,495 | $166,495 |
| Retained earnings (deficit) | −$7.5M | −$7.5M | $11.9M | $13.3M | $11.3M |
| Accumulated other comprehensive income | $52,675 | $178,312 | −$120,551 | −$28,860 | −$3,524 |
| Minority interest | — | $1.1M | $2.4M | $2.8M | $23,774 |
| Total shareholders' equity | $36.8M | $10.6M | $14.3M | $14.6M | $12.6M |
| Key figures | |||||
| Total debt | $60.1M | $1.8M | $11.0M | $11.2M | $4.8M |
| Net cash (debt) | −$20.7M | −$1.8M | −$8.3M | −$8.6M | −$1.6M |
| Working capital | $42.9M | −$7.5M | $2.2M | $4.1M | $10.5M |
| Tangible book value | $8.2M | −$9.0M | $1.1M | −$2.3M | $10.0M |
| Book value per share | $0.30 | — | $0.11 | $0.12 | $0.10 |
| Shares outstanding | 123.2M | — | 126.2M | 126.2M | 126.2M |
| Current ratio | 1.52 | 0.01 | 1.07 | 1.16 | 1.99 |
| Quick ratio | 0.94 | 0.01 | 0.67 | 0.88 | 1.17 |
| Debt / equity | 1.63 | 0.17 | 0.77 | 0.77 | 0.38 |
| Equity / assets | 20.1% | 58.1% | 28.8% | 30.4% | 50.3% |
| Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $19.2M | $40,511 | $18.2M | $40,511 | $18,452 | $118,349 | $2.7M | $188,235 | $4.2M | $285,476 | $2.5M | $19,758 |
| Cash & equivalents | $16.6M | $40,511 | $18.2M | $40,511 | $18,452 | $118,349 | $2.7M | $188,235 | $4.2M | $285,476 | $2.5M | $19,758 |
| Short-term investments | $2.5M | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | $29.7M | $26.5M | $25.8M | $54,120 | $135,965 | $7,839 | $17.8M | $17.8M | $15.0M | $0 | $19.5M | $0 |
| Inventory | $35.3M | $5.9M | $5.9M | $0 | $6.6M | $0 | $4.8M | $0 | $4.1M | $0 | $3.1M | $0 |
| Other current assets | $14.9M | $0 | $12.1M | $500 | $0 | $42,500 | $7.3M | $0 | $5.5M | $204,316 | $4.1M | $283,401 |
| Total current assets | $99.1M | $95,131 | $62.1M | $95,131 | $175,917 | $168,688 | $32.6M | $246,202 | $28.8M | $489,792 | $29.2M | $303,159 |
| Property, plant & equipment (net) | $5.1M | $1.2M | $1.2M | $0 | $1.8M | $0 | $2.1M | $0 | $1.1M | $0 | $1.6M | $0 |
| Goodwill & intangible assets | $34.5M | $19.5M | $19.5M | $0 | $17.6M | $0 | $13.1M | $13.1M | $15.7M | $0 | $16.8M | $0 |
| Long-term investments | $15.4M | $0 | $15.4M | $0 | $71,045 | $0 | $71,045 | $0 | $71,045 | $0 | $0 | $0 |
| Other non-current assets | $5.8M | $0 | $3.4M | $18.1M | $0 | $30.6M | $1.7M | $16.6M | $556,535 | $43.2M | $165,943 | $117.8M |
| Total assets | $159.9M | $18.2M | $101.6M | $18.2M | $17.9M | $30.8M | $49.6M | $30.0M | $46.3M | $43.7M | $47.8M | $118.1M |
| Liabilities | ||||||||||||
| Accounts payable | $39.6M | $33.0M | $33.0M | — | $16.4M | — | $13.6M | — | $14.2M | — | $12.6M | — |
| Short-term debt | — | $11.0M | — | $1.8M | $1.7M | $1.5M | $10.2M | $1.2M | $5.0M | $583,000 | $9.9M | — |
| Deferred revenue | — | $505,322 | — | — | — | — | $209,903 | — | $2.6M | — | $363,726 | — |
| Total current liabilities | $75.6M | $52.3M | $52.3M | $7.6M | $6.8M | $6.0M | $30.4M | $5.1M | $25.4M | $3.6M | $25.1M | $1.1M |
| Long-term debt | $35.1M | $0 | $1.4M | $0 | $67,908 | $0 | $208,010 | $0 | $512,665 | $0 | $0 | $0 |
| Lease obligations | $3.9M | — | $736,253 | — | $1.2M | — | $1.5M | — | $613,856 | — | — | — |
| Other long-term liabilities | $13.2M | $12.3M | $10.9M | $0 | $635,627 | $0 | $2.3M | $2.5M | $3.7M | $0 | $5.4M | $0 |
| Total liabilities | $123.9M | $64.6M | $64.6M | $7.6M | $6.8M | $6.0M | $32.9M | $5.1M | $29.6M | $3.6M | $30.5M | $1.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | $12,195 | — | $18.0M | $17.7M | $30.5M | $702,592 | $29.5M | $853,843 | $42.8M | $166,495 | $117.1M |
| Retained earnings (deficit) | $12.4M | $17.5M | $17.5M | −$7.5M | −$6.7M | −$5.7M | $11.9M | −$4.7M | $11.8M | −$2.7M | $13.3M | −$152,238 |
| Accumulated other comprehensive income | — | $178,312 | — | — | — | — | −$120,551 | — | −$90,033 | — | −$28,860 | — |
| Minority interest | $2.9M | — | $1.1M | — | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $33.1M | $35.9M | $35.9M | $10.6M | $11.0M | $24.8M | $14.3M | $24.8M | $14.0M | $40.1M | $14.6M | $117.0M |
| Key figures | ||||||||||||
| Total debt | $35.1M | $1.8M | $1.4M | $1.8M | $1.7M | $1.5M | $11.0M | $1.2M | $5.7M | $583,000 | $11.2M | — |
| Net cash (debt) | −$15.9M | −$1.8M | $16.8M | −$1.8M | −$1.7M | −$1.4M | −$8.3M | −$1.0M | −$1.5M | −$297,524 | −$8.6M | — |
| Working capital | $23.6M | −$52.3M | $9.7M | −$7.5M | −$6.7M | −$5.9M | $2.2M | −$4.9M | $3.4M | −$3.1M | $4.1M | −$791,577 |
| Tangible book value | −$1.3M | $16.3M | $16.3M | $10.6M | −$6.6M | $24.8M | $1.1M | $11.7M | −$1.7M | $40.1M | −$2.3M | $117.0M |
| Book value per share | $0.27 | — | $0.29 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 122.7M | — | 121.9M | — | — | — | — | — | — | — | — | — |
| Current ratio | 1.31 | 0.00 | 1.19 | 0.01 | 0.03 | 0.03 | 1.07 | 0.05 | 1.13 | 0.14 | 1.16 | 0.28 |
| Quick ratio | 0.65 | 0.51 | 0.84 | 0.01 | 0.02 | 0.02 | 0.67 | 3.52 | 0.75 | 0.08 | 0.88 | 0.02 |
| Debt / equity | 1.06 | 0.05 | 0.04 | 0.17 | 0.16 | 0.06 | 0.77 | 0.05 | 0.41 | 0.01 | 0.77 | — |
| Equity / assets | 20.7% | 197.2% | 35.3% | 58.1% | 61.8% | 80.5% | 28.8% | 82.9% | 30.3% | 91.7% | 30.4% | 99.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 31, 2026); data from EODHD.
GCL financial position
At the end of fiscal 2026 (March 31, 2026), GCL Global had total assets of $183.2 million (up 907.6% from a year earlier), total liabilities of $142.3 million and shareholders' equity of $36.8 million. It held $39.3 million in cash and short-term investments against $60.1 million of debt, net debt of $20.7 million. Its current ratio was 1.52.
Related: GCL income statement, GCL cash flow statement, GCL key metrics. See the GCL stock overview for the latest quote and news.
GCL balance sheet FAQ
What are GCL Global's total assets?
GCL Global reported total assets of $183.2 million at the end of fiscal 2026 (March 31, 2026), compared with $18.2 million a year earlier.
How much debt does GCL Global have?
GCL Global had $60.1 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 1.63.
How much cash does GCL Global have?
GCL Global held $39.3 million in cash and short-term investments at the end of fiscal 2026; with $60.1 million of debt that is net debt of $20.7 million.
What is GCL Global's book value?
GCL Global's shareholders' equity (book value) was $36.8 million at the end of fiscal 2026, or $0.30 per share.
What is GCL Global's current ratio?
GCL Global had current assets of $126.1 million and current liabilities of $83.1 million, a current ratio of 1.52 (it can cover its short-term obligations).
How much goodwill does GCL Global have?
GCL Global carried $28.5 million of goodwill and intangible assets, 15.6% of total assets, at the end of fiscal 2026.