5th Planet Games AS (FRA:2HG1) Debt-to-Equity

: 0.00 (As of Dec. 2023)

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5th Planet Games AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. 5th Planet Games AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. 5th Planet Games AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €11.46 Mil. 5th Planet Games AS's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 5th Planet Games AS's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of 5th Planet Games AS was 0.34. The lowest was 0.04. And the median was 0.14.

FRA:2HG1's Debt-to-Equity is not ranked ^*
in the Interactive Media industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

5th Planet Games AS Debt-to-Equity Historical Data

The historical data trend for 5th Planet Games AS'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.

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5th Planet Games AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.04

5th Planet Games AS Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison

For the Electronic Gaming & Multimedia subindustry, 5th Planet Games AS'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.

5th Planet Games AS Debt-to-Equity Distribution

For the Interactive Media industry and Communication Services sector, 5th Planet Games AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 5th Planet Games AS's Debt-to-Equity falls into.

5th Planet Games AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

5th Planet Games AS'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	+	0)	/	11.461
	=	0.00

5th Planet Games AS'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	+	0)	/	11.461
	=	0.00

5th Planet Games AS (FRA:2HG1) 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.

5th Planet Games AS Debt-to-Equity Related Terms

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5th Planet Games AS (FRA:2HG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 5th Planet Games AS (FRA:2HG1) » Definitions » Debt-to-Equity

Comparable Companies

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5PG:Norway

Address

Gothersgade 11, Copenhagen K, DNK, 1123

Website

https://www.5thplanetgames.com

5th Planet Games AS is a mobile game development and publishing company based in Denmark. The company's games are available on the platforms like iOS, Android, Windows, Amazon, and Facebook. Its games include Street soccer ultimate, Hugo retro mania, Hugo world, and other games. The company generates its revenue from the sale of games and in-app purchases, advertising services, and from licence income. The company operates in single segment.

5th Planet Games AS (FRA:2HG1) Headlines

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