Gamesquare Esports (XCNQ:GSQ) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2022)

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What is Gamesquare Esports 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 Esports's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.10.

Gamesquare Esports's long-term debt to total assets ratio increased from May. 2021 (0.00) to Sep. 2022 (0.10). It may suggest that Gamesquare Esports is progressively becoming more dependent on debt to grow their business.

Gamesquare Esports LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gamesquare Esports'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 Esports LT-Debt-to-Total-Asset Chart

Gamesquare Esports Annual Data

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LT-Debt-to-Total-Asset

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Gamesquare Esports Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Feb21	May21	Aug21	Mar22	Jun22	Sep22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.07	0.13	0.11	0.10

Gamesquare Esports LT-Debt-to-Total-Asset Calculation

Gamesquare Esports's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	0	/	2.813
	=

Gamesquare Esports's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )	/	Total Assets (Q: Sep. 2022 )
	=	3.268	/	32.263
	=	0.10

Gamesquare Esports (XCNQ:GSQ) 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 Esports LT-Debt-to-Total-Asset Related Terms

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Gamesquare Esports (XCNQ:GSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gamesquare Esports Inc (XCNQ:GSQ) » Definitions » LT-Debt-to-Total-Asset

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Address

150 York Street, Suite 1008, Toronto, ON, CAN, M5H 3S5

Website

https://www.gamesquare.com

Gamesquare Esports Inc is an international esports company. It is seeking to acquire additional assets and entities serving the esports market and, more broadly, in sports and entertainment. The company's acquisition of Code Red, an esports talent agency, provided an initial foothold in Europe through its UK operations.The business is comprised of two operating segments: teams and agency services. The company's teams segment represents its esports teams, which generate revenue through sponsorship, prize, and player-related revenue. The company's agencies generate revenue through talent management, influencer promotional fees, and consulting.

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