GGL (Games Global) Equity-to-Asset: 0.76 (As of Dec. 2023)

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What is Games Global Equity-to-Asset?

Games Global GGL Equity-to-Asset is 0.76 as of Dec. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Games Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $357.47 Mil. Games Global's Total Assets for the quarter that ended in Dec. 2023 was $473.22 Mil.

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

GGL's Equity-to-Asset is not ranked *
in the Interactive Media industry.
Industry Median: 0.65
* Ranked among companies with meaningful Equity-to-Asset only.

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Games Global Equity-to-Asset Related Terms


Games Global Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Games Global's Equity-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 Equity-to-Asset Chart

Games Global Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.81 0.81 0.65

Games Global Quarterly Data
Mar22 Dec22 Mar23 Dec23
Equity-to-Asset 0.81 0.00 0.65 0.76

GGL vs : Equity-to-Asset Comparison

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

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

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



Games Global Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=283.266/437.773
=0.65

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=357.471/473.221
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.76 mean?
Games Global (GGL) has a Equity-to-Asset of 0.76 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Games Global and its competitors.
Is Games Global's Equity-to-Asset too high?
Games Global's current Equity-to-Asset is 0.76. The Interactive Media industry median Equity-to-Asset is 0.65. Games Global's value of 0.76 is 16.9% above this industry median.
How does Games Global's Equity-to-Asset compare to ?
Games Global's Equity-to-Asset of 0.76 can be compared against companies in the Interactive Media industry. The industry median Equity-to-Asset is 0.65. Games Global's value of 0.76 is 16.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.65, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Games Global's current Equity-to-Asset of 0.76 is 16.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Games Global and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Global's current Equity-to-Asset is 0.76. 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 Equity-to-Asset of 0.76. The current Equity-to-Asset is 0.76 and 16.9% above the Interactive Media industry median of 0.65. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Games Global (GGL), the current Equity-to-Asset is 0.76 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.