PlayAGS (PlayAGS) LT-Debt-to-Total-Asset : 0.81 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is PlayAGS LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. PlayAGS's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.81.

PlayAGS's long-term debt to total assets ratio declined from Mar. 2023 (0.83) to Mar. 2024 (0.81). It may suggest that PlayAGS is progressively becoming less dependent on debt to grow their business.

PlayAGS LT-Debt-to-Total-Asset Historical Data

The historical data trend for PlayAGS's LT-Debt-to-Total-Asset 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.

PlayAGS LT-Debt-to-Total-Asset Chart

PlayAGS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.70

0.83

0.82

PlayAGS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.83	0.82	0.82	0.82	0.81

PlayAGS LT-Debt-to-Total-Asset Calculation

PlayAGS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	556.135	/	680.338
	=	0.82

PlayAGS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	540.174	/	666.688
	=	0.81

PlayAGS (NYSE:AGS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

PlayAGS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PlayAGS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PlayAGS (PlayAGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PlayAGS Inc (NYSE:AGS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6775 S. Edmond Street, Suite 300, Las Vegas, NV, USA, 89118

Website

https://www.playags.com

PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.

Executives

Robert Barron Ziems	officer: Chief Legal Officer, Secretary	6775 S. EDMOND ST., STE. 300, LAS VEGAS NV 89118
Adam Chibib	director	7501B NORTH CAPITAL OF TEXAS HGHWY, AUSTIN TX 78731
Anna Massion	director	5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Ap Gaming Voteco, Llc	10 percent owner	5475 S. DECATUR BLVD., LAS VEGAS NV 89118
David-jacques Farahi	director	3800 S. VIRGINIA STREET, RENO NV 89502
David Lopez	officer: Chief Executive Officer	7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Kimo Akiona	officer: Treas, CFO & Chief Acctg. Off.	5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Victor Gallo	officer: GC, Secy. & Compliance Officer	5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Geoff Freeman	director	5475 S. DECATUR BLVD., SUITE 100, LAS VEGAS NV 89118
Yvette Landau	director
Eric Press	director	1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Marc J Rowan	10 percent owner	APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
David Sambur	director, other: See Remarks	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sigmund Lee	officer: Chief Tech. Officer	5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Daniel Evan Cohen	director, other: See Remarks	C/O APOLLO GLOBAL MANAGEMENT, L.P., 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019