SharpLink Gaming (SharpLink Gaming) Debt-to-Equity : -1.36 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is SharpLink Gaming Debt-to-Equity?

SharpLink Gaming's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.39 Mil. SharpLink Gaming's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.43 Mil. SharpLink Gaming's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-9.40 Mil. SharpLink Gaming's debt to equity for the quarter that ended in Dec. 2023 was -1.36.

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

SBET' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.36 Med: 0.08 Max: 0.9
Current: -1.36

During the past 5 years, the highest Debt-to-Equity Ratio of SharpLink Gaming was 0.90. The lowest was -1.36. And the median was 0.08.

SBET's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.47 vs SBET: -1.36

SharpLink Gaming Debt-to-Equity Historical Data

The historical data trend for SharpLink 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.

SharpLink Gaming Debt-to-Equity Chart

SharpLink Gaming Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.14

0.01

0.90

-1.36

SharpLink Gaming Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.90	7.85	-7.04	-3.71	-1.36

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

For the Gambling subindustry, SharpLink 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.

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

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

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

SharpLink Gaming Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SharpLink 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
	=	(11.387	+	1.425)	/	-9.4
	=	-1.36

SharpLink 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
	=	(11.387	+	1.425)	/	-9.4
	=	-1.36

SharpLink Gaming (NAS:SBET) 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.

SharpLink Gaming Debt-to-Equity Related Terms

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

SharpLink Gaming (SharpLink Gaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SharpLink Gaming Inc (NAS:SBET) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401

Website

https://www.sharplink.com

SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.

Executives

Thomas A Doering	director	10202 E. JOURNEY LANE, SCOTTSDALE AZ 85255
Robert Michael Delucia	officer: Chief Financial Officer	4400 CARILLON POINT, KIRKLAND WA 98033
Scott J Pollei	director	C/O DOLAN MEDIA COMPANY, 706 SECOND AVENUE SOUTH, SUITE 1200, MINNEAPOLIS MN 55402
Paul Abdo	director	6412 CHEROKEE TRAIL, EDINA MN 55439
Christopher J Nicholas	director, officer: Chief Operating Officer	91 WESTBURY, AVON CT 06001
Rob Phythian	director, officer: Chief Executive Officer	1886 ELEANOR AVENUE, ST. PAUL MN 55116
Joseph Clifford Housman	director	6820 105TH TRN, BROOKLYN PARK MN 55445
David Jay Abbott	officer: Chief Technology Officer	17713 KINGSWAY PATH, LAKEVILLE MN 55044
Adrienne Anderson	director	5911 NW 58TH TERRACE, PARKLAND FL 33067
Mintbroker International, Ltd.	10 percent owner	ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340