Garden Stage Limited (GSIW) Key Metrics
GSIW valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $15.4M
- Enterprise value
- $14.1M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 2.1
- Price / book
- 0.9
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 4.12
GSIW key metrics, FY2021–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsGSIW returns How much profit the business earns on the capital it uses.
GSIW financial health Debt, liquidity and how easily interest is covered.
GSIW efficiency & capital use Working capital cycle and where the cash goes.
GSIW returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GSIW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GSIW cash returned to shareholders
GSIW key metrics
FY2021–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Share price at fiscal year-end | $16.70 | $96.00 | $1,368.00 | — | — | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −89.5% | −54.0% | −96.3% | −20.0% | −19.9% | −51.3% |
| Return on invested capital (ROIC) | −168.1% | −51.8% | −113.7% | — | — | — |
| Return on assets (ROA) | −47.9% | −26.6% | −50.3% | −1.8% | −0.7% | −1.9% |
| Return on tangible assets | −44.9% | −27.3% | −27.8% | −1.6% | −5.3% | −1.9% |
| Free cash flow margin | −59.6% | −25.3% | −519.8% | −58.2% | −300.8% | 174.6% |
| Financial health | ||||||
| Total debt | $80,705 | $199,102 | $289,922 | $8,864 | $17,590 | — |
| Cash & short-term investments | $17.6M | $624,583 | $2.7M | $804,743 | $1.0M | $1.8M |
| Net debt | −$17.5M | −$425,481 | −$2.4M | −$795,879 | −$983,865 | −$1.8M |
| Debt / equity | 0.00 | 0.03 | 0.03 | 0.04 | 1.06 | — |
| Debt / assets | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | — |
| Current ratio | 326.02 | 1.51 | 1.73 | 1.12 | 0.99 | 1.03 |
| Quick ratio | 326.02 | 1.51 | 1.73 | −0.00 | −0.00 | 0.26 |
| Working capital | $26.2M | $4.7M | $5.2M | $1.3M | −$97,613 | $544,132 |
| Invested capital | $6.7M | $6.3M | $6.9M | −$547,852 | −$967,285 | −$1.1M |
| Tangible asset value | $13.1M | $6.6M | $9.2M | $184,333 | −$47,257 | $577,604 |
| Net current asset value | $8.6M | $4.6M | $5.0M | $11.1M | $8.6M | $544,132 |
| Capital allocation | ||||||
| Dividends paid | — | — | — | — | $0 | $116,084 |
| Dividends + buybacks / free cash flow | — | — | — | — | — | 1.1% |
| Capex / revenue | 1.4% | 4.0% | 0.1% | 0.7% | 0.8% | 0.1% |
| Capex / operating cash flow | — | — | — | — | — | 0.0% |
| Capex / depreciation | 0.09 | 1.32 | 0.02 | 0.28 | 1.68 | 0.69 |
| Stock-based compensation / revenue | — | 31.2% | 137.2% | 0.0% | 0.0% | — |
| SG&A / revenue | — | 81.8% | 191.9% | 220.3% | 179.1% | 3.3% |
| Efficiency | ||||||
| Days sales outstanding | 263.0 | 87.8 | 933.6 | 3,585.4 | 2,854.7 | 156.8 |
| Days of inventory on hand | — | — | — | 114,678.7 | 37,475.5 | 777.4 |
| Days payables outstanding | — | 543.7 | 935.1 | 92,738.2 | 36,992.9 | 883.0 |
| Cash conversion cycle (days) | — | -455.9 | -1.5 | 25,525.9 | 3,337.4 | 51.2 |
| Receivables turnover | 1.39 | 4.16 | 0.39 | 0.10 | 0.13 | 2.33 |
| Payables turnover | — | 0.67 | 0.39 | 0.00 | 0.01 | 0.41 |
| Inventory turnover | — | — | — | 0.00 | 0.01 | 0.47 |
| Asset turnover | 0.25 | 0.33 | 0.15 | 0.28 | 0.03 | 0.34 |
| Average receivables | $5.2M | $1.3M | $3.5M | $4.1M | $2.3M | $2.6M |
| Average payables | — | $7.7M | $8.6M | $9.1M | $11.4M | $14.9M |
| Average inventory | — | — | — | $11.2M | $11.5M | $13.1M |
| Intangibles / total assets | 26.5% | 0.4% | 0.4% | 3.8% | 4.9% | 0.4% |
Computed from GSIW's annual financial statements (latest annual report filed July 31, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GSIW valuation and financial ratios
Garden Stage earned a return on equity of −89.5% and a return on invested capital of −168.1% in fiscal 2026. It ended the year with $0.1 million of debt and $17.6 million in cash and short-term investments, a net cash position of $17.5 million.
See the GSIW income statement, the GSIW chart for price history, or the GSIW stock overview for the latest quote and news.
GSIW key metrics FAQ
What is Garden Stage's return on equity?
Garden Stage's return on equity (ROE) was −89.5% in fiscal 2026: net income of -$13.8 million on average shareholders' equity of $15.5 million.
What is Garden Stage's ROIC?
Garden Stage's return on invested capital was −168.1% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Garden Stage have?
Garden Stage had total debt of $0.1 million at the end of fiscal 2026, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Garden Stage's current ratio?
Garden Stage's current ratio was 326.02 at the end of fiscal 2026: current assets were 326.02 times current liabilities.