GGL (Games Global) Debt-to-EBITDA : N/A (As of Dec. 2023)

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What is Games Global Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Dec. 2023 was $0.00 Mil.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Games Global's Debt-to-EBITDA or its related term are showing as below:

GGL's Debt-to-EBITDA is not ranked *
in the Interactive Media industry.
Industry Median: 0.67
* Ranked among companies with meaningful Debt-to-EBITDA only.

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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Games Global Debt-to-EBITDA Related Terms

Games Global Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Games Global's Debt-to-EBITDA 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-EBITDA Chart

Games Global Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
N/A 0.00 0.05

Games Global Quarterly Data
Mar22 Dec22 Mar23 Dec23
Debt-to-EBITDA N/A N/A 0.04 N/A

GGL vs : Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Games Global's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA vs Interactive Media Industry

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

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


Games Global Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.325 + 5.988) / 160.691
=0.05

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.563 + 4.682) / 0
=N/A

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

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.