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. GameStop's cash to debt ratio for the quarter that ended in Jan. 2024 was 1.99.
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, GameStop could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.
The historical rank and industry rank for GameStop's Cash-to-Debt or its related term are showing as below:
GME'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 1.51 Max: 2.26
Current: 1.99
During the past 13 years, GameStop's highest Cash to Debt Ratio was 2.26. The lowest was 0.42. And the median was 1.51.
GameStop Cash-to-Debt Historical Data
The historical data trend for GameStop'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.
|
GameStop Annual Data
|
|
Trend |
Jan15 |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
Jan23 |
Jan24 |
| Cash-to-Debt |
|
|
|
|
|
|
0.42 |
0.49 |
1.96 |
2.26 |
1.99 |
|
GameStop Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.26 |
2.01 |
1.88 |
1.97 |
1.99 |
Competitive Comparison
For the Specialty Retail subindustry, GameStop'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.
GameStop Cash-to-Debt Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, GameStop's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where GameStop's Cash-to-Debt falls into.
GameStop 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.
GameStop's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:
GameStop's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:
* 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.
GameStop (GameStop) Business Description
Traded in Other Exchanges
Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.
Executives
| Mark Haymond Robinson |
officer: General Manager |
625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Daniel William Moore |
officer: PAO and Interim PFO |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Lawrence Cheng |
director |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Alain Attal |
director |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Nir Vinay Patel |
officer: Chief Operating Officer |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Diana Saadeh-jajeh |
officer: SVP, Interim CFO |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Ryan Cohen |
director, 10 percent owner |
C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019 |
| Rc Ventures Llc |
10 percent owner |
PO BOX 25250, PMB 30427, MIAMI FL 33102 |
| Michael Recupero |
officer: Chief Financial Officer |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| James Grube |
director |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Matthew Furlong |
director, officer: Chief Executive Officer |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPVINE TX 76051 |
| Yang Xu |
director |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Jenna Owens |
officer: Chief Operating Officer |
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
| Raul J Fernandez |
director |
11600 SUNRISE VALLEY DR, RESTON VA 20191 |
| Kathy P Vrabeck |
director |
625 WESTPORT PARKWAY, GRAPEVINE TX 76051 |
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