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
Recent updates
GameStop May Have Figured Out Their Next Venture And It Could Work
Oct 16Did Anyone Notice GameStop Reinvented Itself On The Latest Kitty Call? (Rating Upgrade)
Sep 20Sell GameStop Stock Heading Into Q2 Earnings
Sep 07GameStop: Zombie, Extinction Or Turnaround?
Aug 21GameStop: Prepping For The Next Pump
Jul 18GameStop Is Becoming A Poorly Run Bank
Jun 26GameStop Stock: Creating Value Through Reflexivity
Jun 14GameStop: 'Roaring' Comeback Fizzles Out
Jun 07Gamestop: Intrinsic Value Trumped By Meme Rallies
May 30Wall Street Lunch: Roaring Kitty Returns!
May 13GameStop: Approaching An Optimistic Fair Value But Not There Yet
Apr 28GameStop: Compelling Risk To Reward Profile Ahead Of Q4 Earnings
Mar 24GameStop Slows The Bleeding, But Recovery Remains Unlikely
Feb 12GameStop: Meme Hype Delayed The Inevitable
Feb 02GameStop: Looking To Be An Investment Fund?
Jan 08GameStop: Progress Isn't Enough To Justify Catching This Falling Knife
Dec 07GameStop Q3 Earnings Preview: This Time Is Not Different
Nov 30GameStop Stock: A Challenging Road Ahead
Oct 30GameStop Won't Be Able To Cut Its Way To Success
Oct 10GameStop Q2 2023 Results: Outperformance Is Not Enough To Break The Spell
Sep 07GameStop: Apes No Longer Strong Enough To Hold
Aug 26GameStop: Turnaround Possible
Jul 21GameStop: Expect An Acquisition
Jul 11GameStop's Plunge Post Q1 Earnings Is Well-Deserved, Despite Some Improvements
Jun 08GameStop: Likely Nowhere Near A Turnaround
Jun 02GameStop: Shares Haven't Bottomed Out Yet
Feb 13GameStop: Carl Icahn's Short Likely To Prevail In 2023
Jan 10Is GameStop (NYSE:GME) A Risky Investment?
Dec 31
GameStop: Another Weak Quarter Expected, Shares Quiet Ahead Of Wednesday's Results
Dec 06GameStop: My Short Position Is Getting Bigger
Nov 14GameStop: What About This Time?
Oct 31Financial Position Analysis
Short Term Liabilities: GME's short term assets ($4.9B) exceed its short term liabilities ($783.5M).
Long Term Liabilities: GME's short term assets ($4.9B) exceed its long term liabilities ($369.4M).
Debt to Equity History and Analysis
Debt Level: GME has more cash than its total debt.
Reducing Debt: GME's debt to equity ratio has reduced from 51.8% to 0.5% over the past 5 years.
Debt Coverage: GME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GME earns more interest than it pays, so coverage of interest payments is not a concern.