GameStop Corp (GME)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,929,800K
= 0.00
The debt-to-equity ratio of GameStop Corp has remained relatively stable and low over the given time period, fluctuating between 0.00 and 0.02. A debt-to-equity ratio of 0.00 indicates that the company has no debt or very minimal debt relative to its equity. A low debt-to-equity ratio generally signifies that the company is relying more on equity financing rather than debt to fund its operations and growth. This can be viewed positively by investors and creditors as it indicates a lower financial risk and a stronger financial position. The slight variations in the ratio over time may reflect changes in the capital structure of the company or its borrowing activities. Overall, the consistently low debt-to-equity ratio suggests that GameStop Corp is managing its debt levels prudently and may be in a strong financial position to support its business activities.