GameStop Balance Sheet Health
Financial Health criteria checks 5/6
GameStop has a total shareholder equity of $4.4B and total debt of $23.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $5.5B and $1.2B respectively. GameStop's EBIT is $2.9M making its interest coverage ratio -0. It has cash and short-term investments of $4.2B.
Key information
0.5%
Debt to equity ratio
US$23.40m
Debt
| Interest coverage ratio | -0.04x |
| Cash | US$4.20b |
| Equity | US$4.38b |
| Total liabilities | US$1.15b |
| Total assets | US$5.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GS2C's short term assets ($4.9B) exceed its short term liabilities ($783.5M).
Long Term Liabilities: GS2C's short term assets ($4.9B) exceed its long term liabilities ($369.4M).
Debt to Equity History and Analysis
Debt Level: GS2C has more cash than its total debt.
Reducing Debt: GS2C's debt to equity ratio has reduced from 51.8% to 0.5% over the past 5 years.
Debt Coverage: GS2C's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GS2C earns more interest than it pays, so coverage of interest payments is not a concern.