Gaming Realms (LSE:GMR) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Gaming Realms Debt-to-Equity?

Gaming Realms's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.05 Mil. Gaming Realms's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.13 Mil. Gaming Realms's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £24.40 Mil. Gaming Realms's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Gaming Realms's Debt-to-Equity or its related term are showing as below:

LSE:GMR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.08
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Gaming Realms was 0.08. The lowest was 0.01. And the median was 0.04.

LSE:GMR's Debt-to-Equity is ranked better than
99.85% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs LSE:GMR: 0.01

Gaming Realms Debt-to-Equity Historical Data

The historical data trend for Gaming Realms'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.

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Gaming Realms Debt-to-Equity Chart

Gaming Realms Annual Data

Trend

Sep13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.06

0.03

0.02

0.01

Gaming Realms Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.02	0.02	0.01	0.01

Competitive Comparison of Gaming Realms's Debt-to-Equity

For the Gambling subindustry, Gaming Realms'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.

Gaming Realms's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gaming Realms's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gaming Realms's Debt-to-Equity falls into.

Gaming Realms Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gaming Realms's Debt to Equity Ratio for the fiscal year 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
	=	(0.052	+	0.133)	/	24.397
	=	0.01

Gaming Realms'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
	=	(0.052	+	0.133)	/	24.397
	=	0.01

Gaming Realms (LSE:GMR) 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.

Gaming Realms Debt-to-Equity Related Terms

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

Gaming Realms (LSE:GMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaming Realms PLC (LSE:GMR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PSDMF:USA GMR.GB:UK RNE1:Germany

Address

Two Valentine Place, London, GBR, SE1 8QH

Website

https://www.gamingrealms.com

Gaming Realms PLC is a gaming company. It develops, publishes and licenses next-generation mobile gaming content. The company creates and publishes real money and social games for mobile, with operations in the UK, the U.S and Canada. The group has two continuing reportable operating segments Licensing - brand and content licensing to partners in Europe and the U.S, and Social Publishing - providing freemium games to the U.S and Europe. The company's geographical segment includes the UK, including Channel Islands, the U.S and Rest of the world. It generates the majority of its revenue from Social Publishing segment.

Gaming Realms (LSE:GMR) Headlines

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