GAME (GameSquare Holdings) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is GameSquare Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. GameSquare Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

GameSquare Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.02). It may suggest that GameSquare Holdings is progressively becoming less dependent on debt to grow their business.

GameSquare Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for GameSquare Holdings's LT-Debt-to-Total-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.

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GameSquare Holdings LT-Debt-to-Total-Asset Chart

GameSquare Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Dec23

LT-Debt-to-Total-Asset

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1.19

0.21

0.16

0.12

0.16

GameSquare Holdings Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.16	0.10	0.09	0.02

GameSquare Holdings LT-Debt-to-Total-Asset Calculation

GameSquare Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	10.172	/	64.712
	=	0.16

GameSquare Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2.234	/	101.103
	=	0.02

GameSquare Holdings (NAS:GAME) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

GameSquare Holdings LT-Debt-to-Total-Asset Related Terms

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GameSquare Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GameSquare Holdings Inc (NAS:GAME) » Definitions » LT-Debt-to-Total-Asset

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Address

6775 Cowboys Way, Suite 1335, Atlanta, FL, USA, 30339

Website

https://www.gamesquare.com

GameSquare Holdings Inc is engaged to revolutionize the way brands and game publishers connect with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences. Its next generation media, entertainment, and technology help creators and maximize its brand partners return on investment. Its purpose-built platform, provide marketing and creative services, offer data and analytics solutions, and amplify awareness through FaZe Clan.