TGS Esports (TGS Esports) Debt-to-Asset : 1.46 (As of Mar. 2022)

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What is TGS Esports Debt-to-Asset?

TGS Esports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $1.33 Mil. TGS Esports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.73 Mil. TGS Esports's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2022 was $1.41 Mil. TGS Esports's debt to asset for the quarter that ended in Mar. 2022 was 1.46.

TGS Esports Debt-to-Asset Historical Data

The historical data trend for TGS Esports'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.

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TGS Esports Debt-to-Asset Chart

TGS Esports Annual Data

Trend

Jun20

Jun21

Debt-to-Asset

2.39

0.75

TGS Esports Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-Asset	Get a 7-Day Free Trial				0.22	0.75	0.93	1.15	1.46

Competitive Comparison of TGS Esports's Debt-to-Asset

For the Entertainment subindustry, TGS Esports'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.

TGS Esports's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TGS Esports's Debt-to-Asset distribution charts can be found below:

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

TGS Esports Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TGS Esports's Debt-to-Asset for the fiscal year that ended in Jun. 2021 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.634	+	0.765)	/	1.859
	=	0.75

TGS Esports's Debt-to-Asset for the quarter that ended in Mar. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.333	+	0.726)	/	1.414
	=	1.46

TGS Esports (OTCPK:TGSEF) 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.

TGS Esports Debt-to-Asset Related Terms

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TGS Esports (TGS Esports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TGS Esports Inc (OTCPK:TGSEF) » Definitions » Debt-to-Asset

Comparable Companies

XMAD:MONI MIL:MTF LSE:DCD SGX:40E LSE:MIRA MIL:CDG BOM:540023 XKRX:348840 BOM:503691 LSE:BONH

Traded in Other Exchanges

N/A

Address

4211 No. 3 Road, Richmond, BC, CAN, V6X 2C3

Website

https://www.thegamingstadium.com

TGS Esports Inc is engaged in the business of providing and hosting esports events, tournaments, and leagues at both the amateur and professional levels both online and in person. Also, the company has an esports stadium to play and watch sports.