GameStop Corp (GME)
Debt-to-capital ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 17,700 | — | — | 28,700 |
| Total stockholders’ equity | US$ in thousands | 4,929,800 | 1,338,600 | 1,338,600 | 1,322,300 | 1,322,300 |
| Debt-to-capital ratio | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,929,800K)
= 0.00
The debt-to-capital ratio of GameStop Corp has remained relatively low and stable over the past few years. As of January 31, 2025, the ratio stood at 0.00, indicating that the company's total debt represents a very minimal portion of its total capital. This suggests that GameStop has a strong ability to finance its operations and investments without relying heavily on borrowed funds. It is also a positive sign in terms of financial risk as it shows that the company has a conservative approach to debt management. Overall, the consistent low debt-to-capital ratio reflects a financially healthy position for GameStop Corp.