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Electronic Arts (FRA:ERT) Debt-to-Equity : 0.26 (As of Dec. 2023)


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What is Electronic Arts Debt-to-Equity?

Electronic Arts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €65 Mil. Electronic Arts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,725 Mil. Electronic Arts's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €6,908 Mil. Electronic Arts's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Electronic Arts's Debt-to-Equity or its related term are showing as below:

FRA:ERT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.23   Max: 0.34
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Electronic Arts was 0.34. The lowest was 0.11. And the median was 0.23.

FRA:ERT's Debt-to-Equity is ranked worse than
61.88% of 425 companies
in the Interactive Media industry
Industry Median: 0.15 vs FRA:ERT: 0.26

Electronic Arts Debt-to-Equity Historical Data

The historical data trend for Electronic Arts's Debt-to-Equity 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.

* Premium members only.

Electronic Arts Debt-to-Equity Chart

Electronic Arts Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.14 0.25 0.26 0.27

Electronic Arts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.27 0.27 0.26 0.26

Competitive Comparison of Electronic Arts's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, Electronic Arts's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Electronic Arts's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Electronic Arts's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Electronic Arts's Debt-to-Equity falls into.



Electronic Arts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Electronic Arts's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Electronic Arts's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Electronic Arts  (FRA:ERT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Electronic Arts Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Electronic Arts's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Electronic Arts (FRA:ERT) Business Description

Address
209 Redwood Shores Parkway, Redwood City, CA, USA, 94065
EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC, Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

Electronic Arts (FRA:ERT) Headlines

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