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PlaySide Studios (ASX:PLY) Debt-to-Equity : 0.05 (As of Dec. 2023)


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What is PlaySide Studios Debt-to-Equity?

PlaySide Studios's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.83 Mil. PlaySide Studios's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.59 Mil. PlaySide Studios's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$48.53 Mil. PlaySide Studios's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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 PlaySide Studios's Debt-to-Equity or its related term are showing as below:

ASX:PLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.12
Current: 0.05

During the past 4 years, the highest Debt-to-Equity Ratio of PlaySide Studios was 0.12. The lowest was 0.04. And the median was 0.05.

ASX:PLY's Debt-to-Equity is ranked better than
74.58% of 417 companies
in the Interactive Media industry
Industry Median: 0.16 vs ASX:PLY: 0.05

PlaySide Studios Debt-to-Equity Historical Data

The historical data trend for PlaySide Studios'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.

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PlaySide Studios Debt-to-Equity Chart

PlaySide Studios Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
0.04 0.12 0.05 0.04

PlaySide Studios Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.04 0.05 0.05 0.04 0.05

Competitive Comparison of PlaySide Studios's Debt-to-Equity

For the Electronic Gaming & Multimedia subindustry, PlaySide Studios'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.

PlaySide Studios's Debt-to-Equity Distribution in the Interactive Media Industry

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

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


PlaySide Studios Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PlaySide Studios's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.462 + 1.215) / 38.809
=0.04

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.83 + 1.585) / 48.531
=0.05

* 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.

PlaySide Studios  (ASX:PLY) 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.

PlaySide Studios Debt-to-Equity Related Terms

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

PlaySide Studios (ASX:PLY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PlaySide Studios Ltd (ASX:PLY) » Definitions » Debt-to-Equity
Comparable Companies
ASX:ICI ASX:SP8 ASX:MKL ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555 XKRX:259960 BILI SZSE:300418 HKSE:03888 TSE:3635 TSE:9684
Traded in Other Exchanges
QJ9:Germany
Address
75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207
Website
https://www.playsidestudios.com
PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR) and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb ways to dash, and many others. The company has one reportable segment, development and monetization of mobile , PC and console video games.

PlaySide Studios (ASX:PLY) Headlines

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