PLAYSTUDIOS (PLAYSTUDIOS) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is PLAYSTUDIOS Debt-to-Equity?

PLAYSTUDIOS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.2 Mil. PLAYSTUDIOS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.7 Mil. PLAYSTUDIOS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $288.4 Mil. PLAYSTUDIOS's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

MYPS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.05
Current: 0.03

During the past 5 years, the highest Debt-to-Equity Ratio of PLAYSTUDIOS was 0.05. The lowest was 0.03. And the median was 0.04.

MYPS's Debt-to-Equity is ranked better than
83.02% of 424 companies
in the Interactive Media industry
Industry Median: 0.155 vs MYPS: 0.03

PLAYSTUDIOS Debt-to-Equity Historical Data

The historical data trend for PLAYSTUDIOS'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.

PLAYSTUDIOS Debt-to-Equity Chart

PLAYSTUDIOS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.05

0.03

PLAYSTUDIOS Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.05	0.05	0.05	0.04	0.03

Competitive Comparison of PLAYSTUDIOS's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, PLAYSTUDIOS'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.

PLAYSTUDIOS's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PLAYSTUDIOS's Debt-to-Equity distribution charts can be found below:

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

PLAYSTUDIOS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PLAYSTUDIOS'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
	=	(4.236	+	5.699)	/	288.351
	=	0.03

PLAYSTUDIOS'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
	=	(4.236	+	5.699)	/	288.351
	=	0.03

PLAYSTUDIOS (NAS:MYPS) 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.

PLAYSTUDIOS Debt-to-Equity Related Terms

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PLAYSTUDIOS (PLAYSTUDIOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PLAYSTUDIOS Inc (NAS:MYPS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10150 Covington Cross Drive, Las Vegas, NV, USA, 89144

Website

https://www.playstudios.com

PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company's games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore, and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sale of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games.

Executives

Joel Agena	officer: Vice President, Legal Counsel	C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Scott Edward Peterson	officer: Chief Financial Officer	C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Andrew S Pascal	director, 10 percent owner, officer: Chairman and CEO	C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Jason Krikorian	director	C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Judy K Mencher	director	C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Steven J Zanella	director	3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
James Murren	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Hyman Joseph Horowitz	director	C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Activision Publishing, Inc.	10 percent owner	3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Entertainment Holdings, Inc.	10 percent owner	3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Blizzard, Inc.	10 percent owner	2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Resorts International Mgm	10 percent owner	3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109
William Hornbuckle	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Andrew E Zobler	director	LAZARD FRERES REAL ESTATE INVESTORS LLC, 30 ROCKEFELLER PLZA 50TH FL, NEW YORK NY 10020
Acies Acquisition Llc	10 percent owner	1219 MORNINGSIDE DRIVE SUITE 110, MANHATTAN BEACH CA 90266