Dave & Buster’s Entertainment (PLAY)

Debt-to-equity ratio

Feb 4, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Nov 1, 2020 Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019
Long-term debt US$ in thousands 1,284,000 1,281,300 1,278,700 1,221,100 1,222,700 1,222,210 1,219,680 431,966 431,395 484,677 537,816 537,102 596,388 561,815 731,646 735,261 632,689 640,384 552,079 427,774
Total stockholders’ equity US$ in thousands 251,200 211,600 314,400 359,900 410,500 361,000 356,400 351,800 275,500 246,559 229,875 178,642 153,232 206,774 250,371 192,635 169,650 148,121 249,302 360,125
Debt-to-equity ratio 5.11 6.06 4.07 3.39 2.98 3.39 3.42 1.23 1.57 1.97 2.34 3.01 3.89 2.72 2.92 3.82 3.73 4.32 2.21 1.19

February 4, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,284,000K ÷ $251,200K
= 5.11

The debt-to-equity ratio of Dave & Buster’s Entertainment has shown fluctuations over the past several quarters, ranging from as low as 1.19 to as high as 6.06. The ratio measures the proportion of total liabilities to shareholders' equity and is an indication of the company's level of financial leverage.

A higher debt-to-equity ratio indicates that the company is relying more on debt to finance its operations, which can potentially increase financial risk. On the other hand, a lower ratio signifies a lower reliance on debt and a stronger equity position.

In the most recent period, the debt-to-equity ratio stood at 5.11, indicating that a significant portion of the company's financing is coming from debt rather than equity. This might raise concerns about the company's ability to manage its debt obligations and could lead to increased financial risks.

It is important for investors and stakeholders to closely monitor changes in the debt-to-equity ratio over time to assess the company's financial health and risk profile. Fluctuations in this ratio can provide valuable insights into the company's financing strategy and overall financial stability.