Galaxy Gaming Debt-to-Equity Definition
Galaxy Gaming's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.12 Mil. Galaxy Gaming's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $53.78 Mil. Galaxy Gaming's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-18.24 Mil.
Galaxy Gaming's debt to equity for the quarter that ended in Dec. 2023 was -3.01.
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 Galaxy Gaming's Debt-to-Equity or its related term are showing as below:
GLXZ'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3.15 Med: -0.2 Max: 8.39
Current: -3.01
During the past 13 years, the highest Debt-to-Equity Ratio of Galaxy Gaming was 8.39. The lowest was -3.15. And the median was -0.20.
Galaxy Gaming Debt-to-Equity Historical Data
The historical data trend for Galaxy 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.
Galaxy Gaming Debt-to-Equity Chart
|
Galaxy Gaming Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
Get a 7-Day Free Trial
|
|
|
-1.75 |
-2.15 |
-3.15 |
-3.07 |
-3.01 |
|
Galaxy 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
|
|
|
|
|
|
|
|
|
|
|
|
|
-3.07 |
-3.11 |
-3.21 |
-3.03 |
-3.01 |
Competitive Comparison of Galaxy Gaming's Debt-to-Equity
For the Gambling subindustry, Galaxy 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.
Galaxy Gaming's Debt-to-Equity Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Galaxy Gaming's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Galaxy Gaming's Debt-to-Equity falls into.
Galaxy Gaming Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Galaxy Gaming's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Galaxy Gaming'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.
Galaxy Gaming (Galaxy Gaming) Business Description
Traded in Other Exchanges
N/A
Address
6480 Cameron Street, Suite 305, Las Vegas, NV, USA, 89118
Galaxy Gaming Inc develops, acquires, assembles, and markets technology and entertainment-based products and services for the gaming industry for placement on casino floors and on legal internet gaming sites. Its products and services are related to licensed casino operators' table game activities and focus on either increasing profitability, productivity, and security or expanding gaming entertainment offerings in the form of proprietary table games, electronically enhanced table game platforms, and fully automated electronic tables and other ancillary equipment. In addition, it licenses intellectual property to legal internet gaming operators. Its products are assembled at headquarters in Las Vegas, Nevada, as well as outsourced for certain sub-assemblies in the United States.
Executives
| Hagerty Harry C Iii |
officer: CFO |
6767 SPENCER STREET, LAS VEGAS NV 89119 |
| Meredith B. Brill |
director |
52 HILLHURST BLVD, TORONTO A6 M5N 1N6 |
| Cheryl Kondra |
director |
6480 CAMERON STREET, SUITE 305, LAS VEGAS NV 89118 |
| Mark A Lipparelli |
director |
6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118 |
| Todd P Cravens |
officer: CEO |
6767 SPENCER STREET, LAS VEGAS NV 89119 |
| Michael Gavin Isaacs |
director |
BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119 |
| William A Zender |
director |
296 DOE RUN CIRCLE, HENDERSON NV 89012 |
| Bryan W. Waters |
director |
240 MONTE VISTA RIDGE ROAD, ORINDA CA 94563 |
| Norman H Desrosiers |
director |
6987 VINNEDGE LANE, #119, HIGHLAND NV 92346 |
| Triangulum Partners, Llc. |
10 percent owner |
6767 SPENCER ST, LAS VEGAS NV 89119 |
| Robert B. Saucier |
director, 10 percent owner, officer: CEO, CFO |
6980 O'BANNON DRIVE, LAS VEGAS NV 89117 |
| Gary Anthony Vecchiarelli |
officer: Chief Financial Officer |
6980 OBANNON DRIVE, LAS VEGAS NV 89117 |
| Alixandra Saucier Regulatory Trust |
other: Affiliated Trust |
698O O'BANNON DRIVE, LAS VEGAS NV 89117 |
| William E O'hara |
officer: COO |
6980 O'BANNON DRIVE, LAS VEGAS NV 89117 |
| Patrick Mcnevin |
director |
5205 E. LINCOLN DR., PARADISE VALLEY AZ 85253 |
Galaxy Gaming (Galaxy Gaming) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GLXZ has been successfully added to your