GGL (Games Global) Debt-to-Asset : 0.01 (As of Dec. 2023)

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What is Games Global Debt-to-Asset?

Games Global GGL Debt-to-Asset is 0.01 as of Dec. 2023.

Games Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.56 Mil. Games Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.68 Mil. Games Global's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $473.22 Mil. Games Global's debt to asset for the quarter that ended in Dec. 2023 was 0.01.

Games Global  (NYSE:GGL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Games Global Debt-to-Asset Related Terms

Games Global Debt-to-Asset Historical Data

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The historical data trend for Games Global's Debt-to-Asset 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.

Games Global Debt-to-Asset Chart

Games Global Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-Asset
0.00 0.00 0.02

Games Global Quarterly Data
Mar22 Dec22 Mar23 Dec23
Debt-to-Asset 0.00 0.00 0.02 0.01

GGL vs : Debt-to-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Games Global's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Games Global Debt-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Games Global's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Games Global's Debt-to-Asset falls into.


Games Global Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Games Global's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.325 + 5.988) / 437.773
=0.02

Games Global's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.563 + 4.682) / 473.221
=0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.01 mean?
Games Global (GGL) has a Debt-to-Asset of 0.01 as of Dec. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Games Global and its competitors.
Is Games Global's Debt-to-Asset too high?
Games Global's current Debt-to-Asset is 0.01.
How does Games Global's Debt-to-Asset compare to ?
Games Global's Debt-to-Asset of 0.01 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Interactive Media company?
A good Debt-to-Asset depends on the Interactive Media industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Games Global and its competitors. Games Global's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Global stock overvalued right now?
Games Global (GGL) has a current Debt-to-Asset of 0.01. The current Debt-to-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Games Global (GGL), the current Debt-to-Asset is 0.01 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Games Global Business Description

Comparable Companies
Address 62 Circular Road, Douglas, IMN, IM1 1LA
Games Global Ltd is a company that primarily works on developing, holding, and exploiting gaming-related intellectual property, as well as creating casino-style gaming content and business-to-business solutions for iGaming operators in regulated markets around the world, based on the size of its studio network.