GameStop Corp (GME)
Debt-to-equity 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-equity ratio | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,929,800K
= 0.00
The debt-to-equity ratio of GameStop Corp has consistently been very low over the past few years, ranging from 0.00 to 0.02. This indicates that the company relies more on equity financing rather than debt to fund its operations and growth. A low debt-to-equity ratio is generally viewed positively by investors as it suggests a lower risk of financial distress and a strong financial position. GameStop Corp's stable and low debt-to-equity ratio reflects its conservative approach towards leveraging, which may contribute to building investor confidence in the company's financial stability.