Gamesquare Esports (XCNQ:GSQ) Debt-to-Equity : 0.20 (As of Sep. 2022)

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What is Gamesquare Esports Debt-to-Equity?

Gamesquare Esports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$0.44 Mil. Gamesquare Esports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$3.27 Mil. Gamesquare Esports's Total Stockholders Equity for the quarter that ended in Sep. 2022 was C$18.64 Mil. Gamesquare Esports's debt to equity for the quarter that ended in Sep. 2022 was 0.20.

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 Esports's Debt-to-Equity or its related term are showing as below:

XCNQ:GSQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.12 Med: 0.06 Max: 104.38
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Gamesquare Esports was 104.38. The lowest was -5.12. And the median was 0.06.

XCNQ:GSQ's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs XCNQ:GSQ: 0.20

Gamesquare Esports Debt-to-Equity Historical Data

The historical data trend for Gamesquare Esports'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 Esports Debt-to-Equity Chart

Gamesquare Esports Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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Gamesquare Esports Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Feb21	May21	Aug21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.11	0.20	0.20	0.20

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

For the Entertainment subindustry, Gamesquare Esports'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 Esports's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Gamesquare Esports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gamesquare Esports's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(0	+	0)	/	2.381
	=	0.00

Gamesquare Esports's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.436	+	3.268)	/	18.639
	=	0.20

Gamesquare Esports (XCNQ:GSQ) 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 Esports Debt-to-Equity 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 » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

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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