Drago Entertainment (WAR:DGE) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Drago Entertainment Debt-to-Equity?

Drago Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was zł0.00 Mil. Drago Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was zł0.00 Mil. Drago Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was zł10.94 Mil. Drago Entertainment's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Drago Entertainment's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Drago Entertainment was 0.06. The lowest was 0.00. And the median was 0.03.

WAR:DGE's Debt-to-Equity is not ranked ^*
in the Interactive Media industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Drago Entertainment Debt-to-Equity Historical Data

The historical data trend for Drago Entertainment'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.

Drago Entertainment Debt-to-Equity Chart

Drago Entertainment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.06

Drago Entertainment Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Drago Entertainment's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Drago Entertainment'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.

Drago Entertainment's Debt-to-Equity Distribution in the Interactive Media Industry

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

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

Drago Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Drago Entertainment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	10.942
	=	0.00

Drago Entertainment's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	10.942
	=	0.00

Drago Entertainment (WAR:DGE) 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.

Drago Entertainment Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Drago Entertainment's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Drago Entertainment (WAR:DGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Drago Entertainment SA (WAR:DGE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

65M:Germany

Address

ul. Alba?ska 3, Krakow, POL, 30-662

Website

http://www.drago-entertainment.com

Drago Entertainment SA is a gaming company. The company has delivered great, innovative games such as Oil Tycoon 2, Cold Zero - The last Stand, Hell-Copter/Vulture. It is focused on creating and developing its own projects.

Drago Entertainment (WAR:DGE) Headlines

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