Electronic Arts Inc (EA)

Debt-to-assets ratio

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Long-term debt	US$ in thousands	1,882,000	1,880,000	1,878,000	1,876,000	397,000
Total assets	US$ in thousands	13,420,000	13,459,000	13,800,000	13,288,000	11,112,000
Debt-to-assets ratio		0.14	0.14	0.14	0.14	0.04

March 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,882,000K ÷ $13,420,000K
= 0.14

The debt-to-assets ratio of Electronic Arts Inc has been relatively stable over the past five years, ranging from 0.04 to 0.14. This ratio indicates that the company has consistently maintained a low level of debt relative to its total assets. A lower debt-to-assets ratio suggests that the company relies less on debt financing to support its operations and growth, which can be a positive sign of financial stability and creditworthiness. However, it is essential to consider other financial ratios and factors to get a complete picture of the company's overall financial health and performance.