Games Workshop Group Debt-to-Equity Ratio Growth & History (GAW)
Games Workshop Group's debt-to-equity ratio was 0.17 for fiscal 2026.
View full Games Workshop Group company overviewGames Workshop Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 0.17 | 0.01 | +3.76% |
| 2025 | 2025-06-01 | 0.16 | −0.03 | −14.26% |
| 2024 | 2024-06-02 | 0.19 | −0.02 | −11.54% |
| 2023 | 2023-05-28 | 0.21 | 0.00 | +1.87% |
| 2022 | 2022-05-29 | 0.21 | — | — |
Games Workshop Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 0.17 | 0.01 | +3.76% |
| Q2 2026 | 2025-11-30 | 0.16 | — | — |
| Q4 2025 | 2025-05-31 | 0.16 | — | — |
Games Workshop Group debt-to-equity ratio trends
Between the periods ended 2022-05-29 and 2026-05-31, Games Workshop Group's debt-to-equity ratio decreased from 0.21 to 0.17, a change of −0.04. The latest reported quarter, Q4 2026, shows 0.17.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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