Global Ship Lease, Inc. (GSL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 681.26M | 626.99M | 625.12M | 566.28M | 470.43M | 301.24M | 419.25M | 373.28M | 330.54M | 295.68M | 264.37M | 223.22M | 241.45M | 237.05M | 216.95M | 261.19M | 168.53M | 143.36M | 145.32M | 183.77M |
| Cash & Short-Term Investments | 549.23M | 523.5M | 489.87M | 479.59M | 333.7M | 167.53M | 286.91M | 283.14M | 242.24M | 152.64M | 174.29M | 142.24M | 158.54M | 128.68M | 120.11M | 189M | 96.39M | 100.07M | 81.92M | 142.96M |
| Cash Only | 455.56M | 324.4M | 289.37M | 464.59M | 323.25M | 141.38M | 260.46M | 230.14M | 228.24M | 138.64M | 160.29M | 129.63M | 148.94M | 120.13M | 102.71M | 181.2M | 88.48M | 92.17M | 81.92M | 142.96M |
| Short-Term Investments | 93.67M | 199.1M | 200.5M | 15M | 10.45M | 26.15M | 26.45M | 53M | 14M | 14M | 14M | 12.6M | 9.6M | 8.55M | 17.4M | 7.8M | 7.9M | 7.9M | 0 | 0 |
| Accounts Receivable | 55.1M | 50.03M | 33.09M | 29.61M | 22.76M | 12.84M | 13.34M | 12.53M | 7.86M | 5.37M | 4.35M | 3.16M | 12.67M | 4.36M | 4.51M | 4.25M | 7.39M | 12.38M | 4.92M | 4.88M |
| Days Sales Outstanding | 23.88 | 20.03 | 14.97 | 12.64 | 8.53 | 6.64 | 6.9 | 5.35 | 3.35 | 2.52 | 2 | 4.49 | 4.91 | 2.6 | 2.47 | 3.68 | 6.32 | 5.89 | 3.96 | 5.54 |
| Inventory | 14.84M | 14.6M | 13.39M | 18.08M | 16.34M | 18.91M | 15.76M | 15.57M | 15.24M | 15.76M | 14.11M | 13.4M | 11.54M | 12.24M | 11.55M | 11.95M | 10.98M | 19.37M | 9.26M | 6.46M |
| Days Inventory Outstanding | 14.43 | 13.76 | 16.14 | 18.23 | 18.37 | 19.37 | 18.48 | 18.18 | 18.23 | 17.91 | 16.63 | 15.71 | 15.42 | 15.04 | 16.22 | 15.62 | 21.46 | 27.21 | 18.68 | 13.04 |
| Other Current Assets | 62.09M | 38.86M | 56.91M | 39M | 97.63M | 98.63M | 103.25M | 62.03M | 65.19M | 107.2M | 71.61M | 64.43M | 58.69M | 73.8M | 56.16M | 33.57M | 30.69M | 8.87M | 28.52M | 17.46M |
| Total Non-Current Assets | 2.22B | 2.23B | 2.04B | 2.08B | 2.11B | 2.07B | 1.82B | 1.83B | 1.85B | 1.88B | 1.93B | 1.97B | 1.86B | 1.87B | 1.88B | 1.87B | 1.88B | 1.85B | 1.7B | 1.27B |
| Property, Plant & Equipment | 2B | 2B | 1.9B | 1.92B | 1.94B | 1.9B | 1.65B | 1.65B | 1.66B | 1.68B | 1.71B | 1.72B | 1.61B | 1.63B | 1.64B | 1.66B | 1.68B | 1.69B | 1.66B | 1.24B |
| Fixed Asset Turnover | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.11x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.08x | 0.08x | 0.08x | 0.07x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 105.78M | 113.6M | 0 | 32.97M | 0 | 0 | 0 | 80.97M | 91.49M | 0 | 120.32M | 145.49M | 176.55M | 0 | 155.81M | 137.69M | 139.74M | 110.16M | 2.55M | 5.08M |
| Other Non-Current Assets | 117.58M | 121.77M | 146.99M | 125.65M | 161.26M | 168.73M | 172.98M | 95.37M | 95.08M | 199.79M | 99.69M | 100.68M | 69.39M | 240.98M | 77.09M | 71.12M | 62.38M | 51.64M | 36.53M | 23.61M |
| Total Assets | 2.9B | 2.86B | 2.67B | 2.64B | 2.58B | 2.37B | 2.24B | 2.2B | 2.18B | 2.17B | 2.19B | 2.19B | 2.1B | 2.11B | 2.09B | 2.13B | 2.05B | 1.99B | 1.85B | 1.45B |
| Asset Turnover | 0.07x | 0.07x | 0.07x | 0.07x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.07x | 0.07x | 0.07x | 0.08x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x |
| Asset Growth % | 12.55% | 20.56% | 19.21% | 20% | 18.19% | 9.28% | 2.14% | 0.44% | 3.97% | 3.11% | 4.61% | 2.91% | 2.42% | 5.62% | 13.46% | 46.68% | 52.92% | 56.5% | 41.88% | 12.14% |
| Total Current Liabilities | 301.49M | 306.78M | 285.23M | 281.94M | 266.3M | 264M | 255.51M | 262.98M | 266.28M | 280.44M | 290.8M | 289.93M | 251.04M | 261.77M | 255.87M | 328.23M | 259.99M | 244.76M | 195.33M | 128.79M |
| Accounts Payable | 63.85M | 61.91M | 42.61M | 45.59M | 32.79M | 12.3M | 22.85M | 18.4M | 13.6M | 14.9M | 19.3M | 25.81M | 22.25M | 19.11M | 19.37M | 18.51M | 12.93M | 13.16M | 15.16M | 10.81M |
| Days Payables Outstanding | 61.64 | 51.38 | 45.23 | 41.51 | 23.5 | 19.64 | 24.34 | 18.88 | 16.76 | 20.5 | 27.26 | 30.26 | 26.81 | 24.32 | 26.14 | 21.41 | 18.44 | 26.92 | 30.86 | 22.39 |
| Short-Term Debt | 147.57M | 147.57M | 147.57M | 147.57M | 139.19M | 136.56M | 152.52M | 173.68M | 184.93M | 164.89M | 200.63M | 204.14M | 185.37M | 189.83M | 158.08M | 236.94M | 174.09M | 190.32M | 150.72M | 95.31M |
| Deferred Revenue (Current) | 48.02M | 48.88M | 0 | 47.03M | 45.14M | 44.74M | 40.87M | 41.18M | 40.98M | 40.33M | 41.11M | 29.66M | 13.13M | 12.57M | 17.17M | 7.31M | 7.25M | 8.5M | 6.94M | 6.24M |
| Other Current Liabilities | 42.05M | 48.42M | 51.12M | 720K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34.41M | 0 | 0 | 0 | 32.79M | 0 | -11.28M |
| Current Ratio | 2.26x | 2.04x | 2.19x | 2.01x | 1.77x | 1.14x | 1.64x | 1.42x | 1.24x | 1.05x | 0.91x | 0.77x | 0.96x | 0.91x | 0.85x | 0.80x | 0.65x | 0.59x | 0.74x | 1.43x |
| Quick Ratio | 2.21x | 2.00x | 2.14x | 1.94x | 1.71x | 1.07x | 1.58x | 1.36x | 1.18x | 1.00x | 0.86x | 0.72x | 0.92x | 0.86x | 0.80x | 0.76x | 0.61x | 0.51x | 0.70x | 1.38x |
| Cash Conversion Cycle | -23.32 | -17.6 | -14.12 | -10.64 | 3.4 | 6.36 | 1.04 | 4.65 | 4.83 | -0.07 | -8.64 | -10.06 | -6.48 | -6.68 | -7.45 | -2.11 | 9.34 | 6.19 | -8.23 | -3.81 |
| Total Non-Current Liabilities | 722.84M | 753.34M | 665.65M | 718.1M | 741.75M | 645.76M | 595.12M | 608.48M | 655.29M | 706.95M | 758.83M | 830.7M | 834.65M | 877.96M | 923.57M | 968.22M | 995.33M | 1.04B | 996.48M | 730.58M |
| Long-Term Debt | 505.31M | 541.58M | 577.78M | 613.96M | 631.05M | 538.78M | 528.01M | 539.01M | 576.6M | 619.17M | 661.47M | 707.67M | 697.43M | 744.56M | 673.98M | 833.19M | 851.78M | 880.13M | 926.71M | 726.01M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115.29M | 0 | 0 | 0 | 0 | 57.46M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 102.87M | 90.05M | 87.87M | 58.88M | 62.2M | 49.43M | 1.14M | 2.66M | 4.16M | 5.66M | 7.18M | 8.7M | 10.38M | 14.22M | 22.65M | 31.96M | 42.52M | 55.38M | 69.53M | -52.89M |
| Total Liabilities | 1.02B | 1.06B | 950.88M | 1B | 1.01B | 909.76M | 850.63M | 871.46M | 921.57M | 987.39M | 1.05B | 1.12B | 1.09B | 1.14B | 1.18B | 1.3B | 1.26B | 1.28B | 1.19B | 859.37M |
| Total Debt | 652.88M | 689.14M | 725.35M | 761.52M | 770.24M | 684.06M | 680.54M | 712.68M | 761.53M | 812.43M | 862.1M | 911.81M | 882.81M | 968.8M | 982.88M | 1.11B | 1.06B | 1.07B | 1.08B | 890.05M |
| Net Debt | 197.32M | 364.75M | 435.98M | 296.93M | 446.99M | 542.68M | 420.08M | 482.54M | 533.28M | 673.79M | 701.8M | 782.18M | 733.87M | 848.67M | 880.17M | 925.6M | 974.06M | 978.28M | 995.51M | 747.09M |
| Debt / Equity | 0.35x | 0.38x | 0.42x | 0.46x | 0.49x | 0.47x | 0.49x | 0.54x | 0.61x | 0.69x | 0.76x | 0.85x | 0.87x | 1.00x | 1.07x | 1.33x | 1.34x | 1.50x | 1.65x | 1.50x |
| Debt / EBITDA | 4.99x | 5.63x | 5.44x | 5.77x | 4.97x | 5.40x | 5.89x | 6.02x | 6.27x | 7.40x | 7.39x | 8.50x | 8.58x | 6.99x | 8.70x | 10.66x | 11.71x | 12.88x | 12.72x | 15.20x |
| Net Debt / EBITDA | 1.51x | 2.98x | 3.27x | 2.25x | 2.88x | 4.28x | 3.63x | 4.08x | 4.39x | 6.14x | 6.02x | 7.29x | 7.13x | 6.13x | 7.79x | 8.91x | 10.74x | 11.78x | 11.75x | 12.76x |
| Interest Coverage | 10.43x | 9.79x | 10.96x | 10.01x | 13.51x | 12.88x | 7.47x | 9.90x | 9.77x | 7.03x | 8.32x | 8.13x | 7.72x | 8.21x | 6.70x | 2.86x | 4.75x | 5.51x | 5.29x | 3.29x |
| Total Equity | 1.88B | 1.8B | 1.72B | 1.64B | 1.57B | 1.46B | 1.39B | 1.33B | 1.26B | 1.18B | 1.14B | 1.07B | 1.01B | 966.49M | 915.11M | 834.4M | 791.82M | 712.55M | 654.28M | 593.37M |
| Equity Growth % | 19.59% | 23.07% | 23.76% | 23.43% | 24.63% | 23.56% | 21.53% | 24.14% | 24.46% | 22.55% | 24.75% | 28.51% | 27.68% | 35.64% | 39.86% | 40.62% | 44.21% | 53.32% | 48.09% | 39.28% |
| Book Value per Share | 51.24 | 50.21 | 48.02 | 46.14 | 44.07 | 41.29 | 39.18 | 37.84 | 35.31 | 33.64 | 32.29 | 30.31 | 27.74 | 26.79 | 25.21 | 22.99 | 21.64 | 19.54 | 18.07 | 16.35 |
| Total Shareholders' Equity | 1.88B | 1.8B | 1.72B | 1.64B | 1.57B | 1.46B | 1.39B | 1.33B | 1.26B | 1.18B | 1.14B | 1.07B | 1.01B | 966.49M | 915.11M | 834.4M | 791.82M | 712.55M | 654.28M | 593.37M |
| Common Stock | 359K | 359K | 358K | 357K | 357K | 355K | 355K | 353K | 351K | 351K | 351K | 351K | 354K | 359K | 362K | 367K | 369K | 365K | 362K | 362K |
| Retained Earnings | 1.17B | 1.1B | 1.03B | 953.02M | 878.73M | 773.76M | 699.58M | 636.78M | 564.4M | 488.11M | 436.7M | 367.31M | 305.26M | 246.39M | 187.32M | 115.12M | 74.42M | 13.5M | -43.36M | -96.92M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.18M | 1.78M | 3.1M | 4.61M | 6.21M | 8.62M | 8.73M | 17.86M | 19.58M | 19.34M | 28.87M | 28.01M | 24.3M | 31.48M | 35.99M | 23.27M | 17.51M | 227K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |