GameSquare Holdings (GameSquare Holdings) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is GameSquare Holdings Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. GameSquare Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, GameSquare Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for GameSquare Holdings's Cash-to-Debt or its related term are showing as below:

GAME' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 1.34 Max: No Debt
Current: 0.19

During the past 12 years, GameSquare Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.19. And the median was 1.34.

GAME's Cash-to-Debt is ranked worse than
88.61% of 588 companies
in the Interactive Media industry
Industry Median: 4.69 vs GAME: 0.19

GameSquare Holdings Cash-to-Debt Historical Data

The historical data trend for GameSquare Holdings's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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GameSquare Holdings Cash-to-Debt Chart

GameSquare Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Dec23

Cash-to-Debt

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0.21

0.26

1.34

1.02

0.19

GameSquare Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.86	0.34	0.42	0.23	0.19

Competitive Comparison of GameSquare Holdings's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GameSquare Holdings's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GameSquare Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GameSquare Holdings's Cash-to-Debt falls into.

GameSquare Holdings Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

GameSquare Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.945	/	(5.649	+	10.172)
	=	0.19

GameSquare Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.945	/	(5.649	+	10.172)
	=	0.19

GameSquare Holdings (NAS:GAME) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

GameSquare Holdings Cash-to-Debt Related Terms

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GameSquare Holdings (GameSquare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GameSquare Holdings Inc (NAS:GAME) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MJ00:Germany GAME:Canada

Address

2110 Powers Ferry Road SE, Suite 450, Atlanta, FL, USA, 30339

Website

https://www.gamesquare.com

GameSquare Holdings Inc is a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences. GAME's end-to-end platform includes GCN, a digital media company focused on gaming and esports audiences, Cut+Sew (Zoned), a gaming and lifestyle marketing agency, USA, Code Red Esports Ltd., a UK based esports talent agency, Complexity Gaming, a leading esports organization, Fourth Frame Studios, a creative production studio, Mission Supply, a merchandise and consumer products business, Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.