Allied Gaming & Entertainment (Allied Gaming & Entertainment) Cash-to-Debt : 4.48 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Allied Gaming & 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. Allied Gaming & Entertainment's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.48.

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, Allied Gaming & Entertainment could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

AGAE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 4.48 Max: No Debt
Current: 4.48

During the past 7 years, Allied Gaming & Entertainment's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 4.48.

AGAE's Cash-to-Debt is ranked better than
66.76% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs AGAE: 4.48

Allied Gaming & Entertainment Cash-to-Debt Historical Data

The historical data trend for Allied Gaming & 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.

Allied Gaming & Entertainment Cash-to-Debt Chart

Allied Gaming & Entertainment Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.09

No Debt

10.47

4.48

Allied Gaming & Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															10.47	10.45	10.55	9.87	4.48

Competitive Comparison of Allied Gaming & Entertainment's Cash-to-Debt

For the Entertainment subindustry, Allied Gaming & 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.

Allied Gaming & Entertainment's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Allied Gaming & Entertainment's Cash-to-Debt distribution charts can be found below:

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

Allied Gaming & 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.

Allied Gaming & Entertainment'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)
	=	72.821	/	(10.713	+	5.56)
	=	4.47

Allied Gaming & Entertainment's Cash to Debt Ratio for the quarter 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)
	=	72.821	/	(10.713	+	5.56)
	=	4.47

Allied Gaming & Entertainment (NAS:AGAE) 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.

Allied Gaming & Entertainment Cash-to-Debt Related Terms

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

Allied Gaming & Entertainment (Allied Gaming & Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Allied Gaming & Entertainment Inc (NAS:AGAE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2AA:Germany 2AA:Germany

Address

745 Fifth Avenue, Suite 500, New York, NY, USA, 10151

Website

https://www.alliedgaming.gg

Allied Gaming & Entertainment Inc is an experiential entertainment company focused on providing a growing world of gamers with various experiences through renowned assets, products, and services.

Executives

Knighted Pastures Llc	10 percent owner	1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Roy Choi	other: Managing Member of 10% holder	1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Yuanfei Qu	director	745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Yushi Guo	director	745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Guanzhou Qin	director	17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Adam J Pliska	director, officer: President	5700 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90036
Roy Lawrence Anderson	officer: Chief Financial Officer	17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Alexander Misch	director	17872 GILLETTE AVENUE, BUILDING C, 2ND FLOOR, IRVINE CA 92614
Jerry Lewin	director	JINHUA INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Libing Wu	director	350 LIGHTING WAY, SECAUCUS NJ 07094
Jingsheng Lu	director, 10 percent owner	FLOOR 3, BUILDING NO. 20, XINYUANLI WEST, CHAOYANG DISTRICT, BEIJING F4 #000
Yangyang Li	director, 10 percent owner	10/F TOWER B FAIRMONT NO. 1 BUILDING, 33# COMMUNITY, GUANGSHUN NORTH ST, CHAOYANG DISTRICT, BEIJING F4 100102
Anthony A Hung	officer: Chief Financial Officer	17877 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92614
Element Partners, Llc	10 percent owner	950 TOWER LANE,, SUITE 1125, FOSTER CITY CA 94404
Lyle Berman	director	10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305