GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GameStop Corp (MIL:1GME) » Definitions » Liabilities-to-Assets

GameStop (MIL:1GME) Liabilities-to-Assets : 0.23 (As of Oct. 2024)


View and export this data going back to 2024. Start your Free Trial

What is GameStop Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. GameStop's Total Liabilities for the quarter that ended in Oct. 2024 was €1,318 Mil. GameStop's Total Assets for the quarter that ended in Oct. 2024 was €5,729 Mil. Therefore, GameStop's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 was 0.23.


GameStop Liabilities-to-Assets Historical Data

The historical data trend for GameStop's Liabilities-to-Assets 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.

GameStop Liabilities-to-Assets Chart

GameStop Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.82 0.54 0.58 0.51

GameStop Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Liabilities-to-Assets 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 0.60 0.51 0.50 0.21 0.23

Competitive Comparison of GameStop's Liabilities-to-Assets

For the Specialty Retail subindustry, GameStop's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


GameStop's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GameStop's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where GameStop's Liabilities-to-Assets falls into.



GameStop Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

GameStop's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Liabilities-to-Assets (A: Jan. 2024 )=Total Liabilities/Total Assets
=1258.027/2486.862
=0.51

GameStop's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 is calculated as

Liabilities-to-Assets (Q: Oct. 2024 )=Total Liabilities/Total Assets
=1317.973/5728.504
=0.23

* 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.


GameStop  (MIL:1GME) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


GameStop Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of GameStop's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


GameStop Business Description

Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites. The majority of sales are from the United States.

GameStop Headlines

No Headlines