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Genius Sports (Genius Sports) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is Genius Sports Debt-to-Equity?

Genius Sports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.2 Mil. Genius Sports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.5 Mil. Genius Sports's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $573.0 Mil. Genius Sports's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Genius Sports's Debt-to-Equity or its related term are showing as below:

GENI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.9   Med: -0.32   Max: 0.04
Current: 0.03

During the past 5 years, the highest Debt-to-Equity Ratio of Genius Sports was 0.04. The lowest was -0.90. And the median was -0.32.

GENI's Debt-to-Equity is ranked better than
83.65% of 422 companies
in the Interactive Media industry
Industry Median: 0.16 vs GENI: 0.03

Genius Sports Debt-to-Equity Historical Data

The historical data trend for Genius Sports'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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Genius Sports Debt-to-Equity Chart

Genius Sports Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.90 -0.67 - 0.04 0.03

Genius Sports Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 0.02 0.03 0.03

Competitive Comparison of Genius Sports's Debt-to-Equity

For the Internet Content & Information subindustry, Genius Sports'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.


Genius Sports's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Genius Sports's Debt-to-Equity distribution charts can be found below:

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



Genius Sports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Genius Sports's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Genius Sports's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Genius Sports  (NYSE:GENI) 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.


Genius Sports Debt-to-Equity Related Terms

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


Genius Sports (Genius Sports) Business Description

Traded in Other Exchanges
N/A
Address
10 Bloomsbury Way, 9th Floor, London, GBR, WC1A 2SL
Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.