Gamesquare Esports (XCNQ:GSQ) Cash-to-Debt : 1.45 (As of Sep. 2022)

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What is Gamesquare Esports Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Gamesquare Esports's cash to debt ratio for the quarter that ended in Sep. 2022 was 1.45.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Gamesquare Esports could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Gamesquare Esports's Cash-to-Debt or its related term are showing as below:

XCNQ:GSQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: No Debt Max: No Debt
Current: 1.45

During the past 13 years, Gamesquare Esports's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

XCNQ:GSQ's Cash-to-Debt is not ranked
in the Media - Diversified industry.
Industry Median: 1.28 vs XCNQ:GSQ: 1.45

Gamesquare Esports Cash-to-Debt Historical Data

The historical data trend for Gamesquare Esports's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Gamesquare Esports Cash-to-Debt Chart

Gamesquare Esports Annual Data

Trend

Dec10

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Dec19

Cash-to-Debt

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No Debt

Gamesquare Esports Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Feb21	May21	Aug21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial															6.02	2.93	0.57	1.06	1.45

Competitive Comparison of Gamesquare Esports's Cash-to-Debt

For the Entertainment subindustry, Gamesquare Esports's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gamesquare Esports's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gamesquare Esports's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gamesquare Esports's Cash-to-Debt falls into.

Gamesquare Esports Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Gamesquare Esports's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Gamesquare Esports had no debt ⁽¹⁾.

Gamesquare Esports's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.366	/	(0.436	+	3.268)
	=	1.45

Gamesquare Esports (XCNQ:GSQ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Gamesquare Esports Cash-to-Debt Related Terms

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Gamesquare Esports (XCNQ:GSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gamesquare Esports Inc (XCNQ:GSQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

150 York Street, Suite 1008, Toronto, ON, CAN, M5H 3S5

Website

https://www.gamesquare.com

Gamesquare Esports Inc is an international esports company. It is seeking to acquire additional assets and entities serving the esports market and, more broadly, in sports and entertainment. The company's acquisition of Code Red, an esports talent agency, provided an initial foothold in Europe through its UK operations.The business is comprised of two operating segments: teams and agency services. The company's teams segment represents its esports teams, which generate revenue through sponsorship, prize, and player-related revenue. The company's agencies generate revenue through talent management, influencer promotional fees, and consulting.

Gamesquare Esports (XCNQ:GSQ) Headlines

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