GameStop Corp (GME)
Debt-to-capital ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 17,700 | — | — | 20,000 | — | 23,600 | — | 26,300 | — | 28,700 | — | 28,800 | — | 32,100 | — | — |
| Total stockholders’ equity | US$ in thousands | 4,929,800 | 4,804,500 | 4,383,400 | 1,307,300 | 1,338,600 | 1,338,600 | 1,262,800 | 1,262,800 | 1,267,200 | 1,267,200 | 1,271,600 | 1,271,600 | 1,322,300 | 1,322,300 | 1,245,000 | 1,245,000 | 1,343,500 | 1,343,500 | 1,450,700 | 1,602,500 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 | 0.00 |
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, hovering around 0.00 to 0.02 as per the available data. This indicates that the company has been financing its operations with a minimal amount of debt relative to its overall capital structure. A lower debt-to-capital ratio suggests a lower financial risk as the company relies more on equity financing rather than debt financing. It is important to note that a low debt-to-capital ratio does not necessarily mean that the company is performing poorly, as each industry has its own optimal capital structure. However, it does suggest that GameStop Corp may have a conservative approach to leverage and may have limited exposure to the risks associated with high levels of debt.