GameSquare Holdings (GameSquare Holdings) Debt-to-Equity

: 0.86 (As of Dec. 2023)

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GameSquare Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.65 Mil. GameSquare Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.17 Mil. GameSquare Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $18.36 Mil. GameSquare Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.86.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for GameSquare Holdings's Debt-to-Equity or its related term are showing as below:

GAME' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.44 Med: 0.3 Max: 442.07
Current: 0.86

During the past 11 years, the highest Debt-to-Equity Ratio of GameSquare Holdings was 442.07. The lowest was -4.44. And the median was 0.30.

GAME's Debt-to-Equity is ranked worse than
86.16% of 419 companies
in the Interactive Media industry
Industry Median: 0.16 vs GAME: 0.86

GameSquare Holdings Debt-to-Equity Historical Data

The historical data trend for GameSquare Holdings's Debt-to-Equity 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.

* Premium members only.

GameSquare Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Debt-to-Equity

0.06

-1.71

442.07

0.76

0.54

GameSquare Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jun23	Sep23	Dec23
Debt-to-Equity																0.67	1.62	0.26	0.30	0.86

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Holdings Debt-to-Equity Distribution

For the Interactive Media industry and Communication Services sector, GameSquare Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GameSquare Holdings's Debt-to-Equity falls into.

GameSquare Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GameSquare Holdings's Debt to Equity Ratio for the fiscal year that ended in Aug. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.428	+	4.983)	/	15.702
	=	0.54

GameSquare Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5.649	+	10.172)	/	18.363
	=	0.86

GameSquare Holdings (NAS:GAME) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

GameSquare Holdings Debt-to-Equity Related Terms

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GameSquare Holdings (GameSquare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GameSquare Holdings Inc (NAS:GAME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MJ00:Germany GAME:Canada

Address

2110 Powers Ferry Road SE, Suite 450, Atlanta, FL, USA, 30339

Website

https://www.gamesquare.com

GameSquare Holdings Inc is a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences. GAME's end-to-end platform includes GCN, a digital media company focused on gaming and esports audiences, Cut+Sew (Zoned), a gaming and lifestyle marketing agency, USA, Code Red Esports Ltd., a UK based esports talent agency, Complexity Gaming, a leading esports organization, Fourth Frame Studios, a creative production studio, Mission Supply, a merchandise and consumer products business, Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.