Galaxy Gaming annual debt-to-equity ratio
2013
2014
2015
2016
2017
2018
Galaxy Gaming Debt-to-Equity Ratio Growth & History (GLXZ)
Galaxy Gaming's debt-to-equity ratio was 1.39 for fiscal 2018.
View full Galaxy Gaming company overviewGalaxy Gaming annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2018 | 2018-12-31 | 1.39 | −0.19 | −12.05% |
| 2017 | 2017-12-31 | 1.58 | −0.57 | −26.53% |
| 2016 | 2016-12-31 | 2.15 | −2.35 | −52.24% |
| 2015 | 2015-12-31 | 4.50 | −2.92 | −39.31% |
| 2014 | 2014-12-31 | 7.42 | −7.23 | −49.35% |
| 2013 | 2013-12-31 | 14.64 | — | — |
Galaxy Gaming quarterly debt-to-equity ratio
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2019 | 2019-03-31 | 1.22 | −0.14 | −10.23% |
| Q4 2018 | 2018-12-31 | 1.39 | −0.19 | −12.05% |
| Q3 2018 | 2018-09-30 | 1.54 | −0.13 | −7.52% |
| Q2 2018 | 2018-06-30 | 1.88 | −0.05 | −2.37% |
| Q1 2018 | 2018-03-31 | 1.36 | −0.63 | −31.57% |
| Q4 2017 | 2017-12-31 | 1.58 | −0.57 | −26.53% |
| Q3 2017 | 2017-09-30 | 1.66 | −0.91 | −35.42% |
| Q2 2017 | 2017-06-30 | 1.92 | −0.93 | −32.53% |
| Q1 2017 | 2017-03-31 | 1.99 | −2.02 | −50.41% |
| Q4 2016 | 2016-12-31 | 2.15 | −2.35 | −52.24% |
| Q3 2016 | 2016-09-30 | 2.58 | −2.96 | −53.46% |
| Q2 2016 | 2016-06-30 | 2.85 | −4.11 | −59.04% |
| Q1 2016 | 2016-03-31 | 4.01 | −2.84 | −41.45% |
| Q4 2015 | 2015-12-31 | 4.50 | −2.92 | −39.31% |
| Q3 2015 | 2015-09-30 | 5.53 | 5.50 | +15441.92% |
| Q2 2015 | 2015-06-30 | 6.96 | 6.92 | +16851.34% |
| Q1 2015 | 2015-03-31 | 6.85 | — | — |
| Q4 2014 | 2014-12-31 | 7.42 | −7.23 | −49.35% |
| Q3 2014 | 2014-09-30 | 0.04 | — | — |
| Q2 2014 | 2014-06-30 | 0.04 | — | — |
| Q4 2013 | 2013-12-31 | 14.64 | — | — |
Galaxy Gaming debt-to-equity ratio trends
Over the last five fiscal years, Galaxy Gaming's debt-to-equity ratio decreased from 14.64 to 1.39, a change of −13.26. The latest reported quarter, Q1 2019, shows 1.22.
About the metric
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.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-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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