Angler Gaming (Angler Gaming) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Angler Gaming Debt-to-Equity?

Angler Gaming's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.87 Mil. Angler Gaming's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Angler Gaming's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.78 Mil. Angler Gaming's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

ANGMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.2
Current: 0.11

During the past 12 years, the highest Debt-to-Equity Ratio of Angler Gaming was 0.20. The lowest was 0.11. And the median was 0.16.

ANGMF's Debt-to-Equity is ranked better than
80.49% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs ANGMF: 0.11

Angler Gaming Debt-to-Equity Historical Data

The historical data trend for Angler Gaming'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.

Angler Gaming Debt-to-Equity Chart

Angler Gaming Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.20

0.11

Angler Gaming Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	-	-	-	0.11

Competitive Comparison of Angler Gaming's Debt-to-Equity

For the Gambling subindustry, Angler Gaming'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.

Angler Gaming's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Angler Gaming's Debt-to-Equity distribution charts can be found below:

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

Angler Gaming Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Angler Gaming's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0.872	+	0)	/	7.78
	=	0.11

Angler Gaming's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(0.872	+	0)	/	7.78
	=	0.11

Angler Gaming (GREY:ANGMF) 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.

Angler Gaming Debt-to-Equity Related Terms

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Angler Gaming (Angler Gaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Angler Gaming PLC (GREY:ANGMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ANGL:Sweden 0QM:Germany

Address

75 Abate Rigord Street, Level G, Office 1 / 3327, Quantum House, Ta' Xbiex, MLT

Website

https://www.anglergaming.com

Angler Gaming PLC is a holding company in Malta that invests in companies that offers gaming services over the Internet. Its core business activities are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of company is generated from Casino revenue, Marketing and SEO revenue and Dividend received.

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