Esports Entertainment Group Debt-to-Equity Ratio Growth & History (GMBL)
Esports Entertainment Group's debt-to-equity ratio was 0.02 for fiscal 2023.
View full Esports Entertainment Group company overviewEsports Entertainment Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-06-30 | 0.02 | — | — |
| 2021 | 2021-06-30 | 0.11 | 0.11 | — |
| 2020 | 2020-06-30 | 0.00 | — | — |
| 2018 | 2018-06-30 | 0.00 | 0.00 | — |
| 2017 | 2017-06-30 | 0.00 | −0.07 | — |
| 2016 | 2016-06-30 | 0.07 | 0.07 | — |
| 2015 | 2015-06-30 | 0.00 | — | — |
Esports Entertainment Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-06-30 | 0.02 | — | — |
| Q2 2022 | 2021-12-31 | 0.05 | 0.03 | +197.36% |
| Q1 2022 | 2021-09-30 | 0.13 | 0.12 | +819.92% |
| Q4 2021 | 2021-06-30 | 0.11 | 0.11 | — |
| Q3 2021 | 2021-03-31 | 0.01 | — | — |
| Q2 2021 | 2020-12-31 | 0.02 | — | — |
| Q1 2021 | 2020-09-30 | 0.01 | — | — |
| Q4 2020 | 2020-06-30 | 0.00 | — | — |
| Q4 2018 | 2018-06-30 | 0.00 | 0.00 | — |
| Q3 2018 | 2018-03-31 | 0.00 | −0.14 | — |
| Q2 2018 | 2017-12-31 | 0.00 | — | — |
| Q1 2018 · Sep 30 | 2017-09-30 | 0.00 | — | — |
| Q4 2017 | 2017-06-30 | 0.00 | −0.07 | — |
| Q3 2017 | 2017-03-31 | 0.14 | — | — |
| Q4 2016 | 2016-06-30 | 0.07 | 0.07 | — |
| Q1 2016 | 2015-09-30 | 0.00 | — | — |
| Q4 2015 | 2015-06-30 | 0.00 | — | — |
Esports Entertainment Group debt-to-equity ratio trends
Over the last five fiscal years, Esports Entertainment Group's debt-to-equity ratio increased from 0.00 to 0.02, a change of 0.02. The latest reported quarter, Q4 2023, shows 0.02.
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 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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