King Digital Entertainment (King Digital Entertainment) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2015)

View and export this data going back to . Start your Free Trial

What is King Digital Entertainment 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. King Digital Entertainment's cash to debt ratio for the quarter that ended in Dec. 2015 was No Debt ⁽¹⁾.

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, King Digital Entertainment could pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

(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 King Digital Entertainment's Cash-to-Debt or its related term are showing as below:

KING's Cash-to-Debt is not ranked ^*
in the Interactive Media industry.
Industry Median: 4.74
* Ranked among companies with meaningful Cash-to-Debt only.

King Digital Entertainment Cash-to-Debt Historical Data

The historical data trend for King Digital Entertainment'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.

* Premium members only.

King Digital Entertainment Cash-to-Debt Chart

King Digital Entertainment Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

N/A

No Debt

King Digital Entertainment Quarterly Data
	Dec11	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of King Digital Entertainment's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, King Digital Entertainment'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.

King Digital Entertainment's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, King Digital Entertainment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where King Digital Entertainment's Cash-to-Debt falls into.

King Digital Entertainment 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.

King Digital Entertainment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

King Digital Entertainment had no debt ⁽¹⁾.

King Digital Entertainment's Cash to Debt Ratio for the quarter that ended in Dec. 2015 is calculated as:

King Digital Entertainment had no debt ⁽¹⁾.

King Digital Entertainment (NYSE:KING) 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.

King Digital Entertainment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of King Digital Entertainment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

King Digital Entertainment (King Digital Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » King Digital Entertainment PLC (NYSE:KING) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

https://www.king.com

King Digital Entertainment PLC was originally incorporated as Midasplayer.com Limited in September 2002, a company organized under the laws of England and Wales. It is an interactive entertainment company for the mobile world. The Company provides engaging content to its audience to match mobile lifestyles: anywhere, anytime and on any device. Its games include Candy Crush Saga, Pet Rescue Saga, Farm Heroes Saga, Papa Pear Saga and Bubble Witch Saga. The Company makes its games available for free, while players can purchase virtual items priced relative to the entertainment value they provide. It embeds social features in the content that enhances the player experience. The Company develops and publishes casual games on royalgames.com, its tournament portal and on mobile and social platform. Casual games typically include a puzzle element. The Company's competitors include other game developers and emerging and potential game developers.

Executives

Apax Europe Vi-a Lp	10 percent owner	13-15 VICTORIA ROAD ST PETER PORT GUERNSEY X0 00000
Apax Europe Vi-1 Lp	10 percent owner	13-1 VICTORIA RD ST PETER PORT GY1 3ZD GUERNSEY CHANNEL ISLANDS X0 00000
Apax Europe Vi Gp Lp Inc.	10 percent owner	13-15 VICTORIA STREET ST PETER PORT GUERNSEY, CHANNEL ISLANDS X0 GY13ZD
Apax Europe Vi Gp Co. Ltd	10 percent owner	13-15 VICTORIA STREET ST PETER PORT GUERNSEY, CHANNEL ISLANDS X0 GY13ZD
Roy Mackenzie	director	601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022