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Glu Mobile (LTS:0QZL) Debt-to-Equity : 0.09 (As of Dec. 2020)


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What is Glu Mobile Debt-to-Equity?

Glu Mobile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $4.7 Mil. Glu Mobile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $34.6 Mil. Glu Mobile's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $417.1 Mil. Glu Mobile's debt to equity for the quarter that ended in Dec. 2020 was 0.09.

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 Glu Mobile's Debt-to-Equity or its related term are showing as below:

LTS:0QZL's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Glu Mobile Debt-to-Equity Historical Data

The historical data trend for Glu Mobile'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.

* Premium members only.

Glu Mobile Debt-to-Equity Chart

Glu Mobile Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.20 0.09

Glu Mobile Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 Premium Member Only Premium Member Only 0.20 0.19 0.11 0.10 0.09

Competitive Comparison of Glu Mobile's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Glu Mobile'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.


Glu Mobile's Debt-to-Equity Distribution in the Interactive Media Industry

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

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



Glu Mobile Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glu Mobile's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Glu Mobile's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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.


Glu Mobile  (LTS:0QZL) 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.


Glu Mobile Debt-to-Equity Related Terms

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Glu Mobile (LTS:0QZL) Business Description

Traded in Other Exchanges
N/A
Address
875 Howard Street, Suite 100, San Francisco, CA, USA, 94103
Glu Mobile Inc is a U.S.-based company that develops and markets games appealing to a broad group of users of smartphones and tablet devices. These games are accessible through direct-to-consumer digital store fronts like the Apple App Store, Google Play Store, and Amazon Appstore. The firm generates revenue through in-app purchases and in-game advertising.

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