Gaming Realms (LSE:GMR) Cash-to-Debt : 66.49 (As of Jun. 2024)

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What is Gaming Realms 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. Gaming Realms's cash to debt ratio for the quarter that ended in Jun. 2024 was 66.49.

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, Gaming Realms could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LSE:GMR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 14.33 Max: No Debt
Current: 66.49

During the past 13 years, Gaming Realms's highest Cash to Debt Ratio was No Debt. The lowest was 0.29. And the median was 14.33.

LSE:GMR's Cash-to-Debt is ranked better than
74.65% of 576 companies
in the Interactive Media industry
Industry Median: 4.95 vs LSE:GMR: 66.49

Gaming Realms Cash-to-Debt Historical Data

The historical data trend for Gaming Realms'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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Gaming Realms Cash-to-Debt Chart

Gaming Realms Annual Data

Trend

Sep13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.91

3.08

12.94

7.57

40.30

Gaming Realms Semi-Annual Data
	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															15.73	7.57	17.75	40.30	66.49

Competitive Comparison of Gaming Realms's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Gaming Realms'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.

Gaming Realms's Cash-to-Debt Distribution in the Interactive Media Industry

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

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

Gaming Realms 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.

Gaming Realms's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	7.455	/	(0.052	+	0.133)
	=	40.30

Gaming Realms's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	9.575	/	(0.039	+	0.105)
	=	66.49

Gaming Realms (LSE:GMR) 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.

Gaming Realms Cash-to-Debt Related Terms

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

Gaming Realms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gaming Realms PLC (LSE:GMR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PSDMF:USA GMR.GB:UK RNE1:Germany

Address

Two Valentine Place, London, GBR, SE1 8QH

Website

https://www.gamingrealms.com

Gaming Realms PLC is a gaming company. It develops, publishes, and licenses next-generation mobile gaming content. The company creates and publishes real money and social games for mobile, with operations in the UK, the U.S., and Canada. The group has two continuing reportable operating segments Licensing - brand and content licensing to partners in Europe and the U.S., and Social Publishing - providing freemium games to the U.S and Europe. The company's geographical segment includes the UK (including the Channel Islands), the U.S., Isle of Man, Malta, Gibraltar, and the Rest of the world. It generates the majority of its revenue from the Licensing segment.

Gaming Realms Headlines

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