Lions Gate Entertainment (Lions Gate Entertainment) Debt-to-Equity : -12.79 (As of Dec. 2023)

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What is Lions Gate Entertainment Debt-to-Equity?

Lions Gate Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,369 Mil. Lions Gate Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,793 Mil. Lions Gate Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-326 Mil. Lions Gate Entertainment's debt to equity for the quarter that ended in Dec. 2023 was -12.78.

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

LGF.A' s Debt-to-Equity Range Over the Past 10 Years
Min: -16.84 Med: 1.37 Max: 5.65
Current: -12.79

During the past 13 years, the highest Debt-to-Equity Ratio of Lions Gate Entertainment was 5.65. The lowest was -16.84. And the median was 1.37.

LGF.A's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.285 vs LGF.A: -12.79

Lions Gate Entertainment Debt-to-Equity Historical Data

The historical data trend for Lions Gate 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.

Lions Gate Entertainment Debt-to-Equity Chart

Lions Gate Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.22

1.20

1.19

1.43

5.15

Lions Gate Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															5.02	5.15	5.65	-16.84	-12.79

Competitive Comparison of Lions Gate Entertainment's Debt-to-Equity

For the Entertainment subindustry, Lions Gate 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.

Lions Gate Entertainment's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Lions Gate Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lions Gate Entertainment's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(1048.6	+	2994.6)	/	784.5
	=	5.15

Lions Gate 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
	=	(1368.9	+	2792.6)	/	-325.5
	=	-12.78

Lions Gate Entertainment (NYSE:LGF.A) 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.

Lions Gate Entertainment Debt-to-Equity Related Terms

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

Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (NYSE:LGF.A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LGF.B:USA LGNA:Germany LGNA:Germany

Address

250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8

Website

https://www.lionsgate.com

Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

Executives

Harkey John D Jr	director	305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey	officer: General Counsel	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan	director, other: Chairman of the Board	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn	director	12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D.	officer: General Counsel	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez	director	C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Rachesky Mark H Md	director, 10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Brian Goldsmith	officer: Chief Operating Officer	LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc	10 percent owner	40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp	10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Gordon Crawford	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Arthur Evrensel	director	C/O 2200-1055 WEST HASTINGS STREET, VANCOUVER A1 V6E 2E9
Jon Feltheimer	director, officer: Chief Executive Officer	2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404