Electronic Arts Inc (EA)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 7,513,000 | 7,293,000 | 7,625,000 | 7,840,000 | 7,461,000 |
| Debt-to-equity ratio | 0.25 | 0.26 | 0.25 | 0.24 | 0.05 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,882,000K ÷ $7,513,000K
= 0.25
The debt-to-equity ratio of Electronic Arts Inc has remained relatively stable over the past five years, ranging from 0.05 to 0.26. A lower ratio indicates that the company relies less on debt financing and has a stronger equity base to support its operations. This trend suggests that Electronic Arts Inc has maintained a conservative approach to managing its capital structure. The slight fluctuations in the ratio indicate that the company has been able to effectively manage its debt levels in relation to its equity position. Overall, the company's debt-to-equity ratio reflects a prudent balance between debt and equity financing, which may indicate a lower financial risk profile.
Peer comparison
Mar 31, 2024