Stock Analysis on Net

GameStop Corp. (NYSE:GME)

This company has been moved to the archive! The financial data has not been updated since June 1, 2022.

Analysis of Solvency Ratios
Quarterly Data

Microsoft Excel

Solvency Ratios (Summary)

GameStop Corp., solvency ratios (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Debt Ratios
Debt to equity 0.03 0.03 0.03 0.03 0.05 0.83 1.46 1.34 1.27 0.69 0.68 0.52 0.36 0.61 0.52 0.39 0.37 0.37 0.35 0.35 0.36 0.36 0.38 0.38 0.38
Debt to equity (including operating lease liability) 0.43 0.40 0.38 0.38 0.81 2.40 3.48 3.31 2.98 1.94 1.90 1.46 0.98 0.61 0.52 0.39 0.37 0.37 0.35 0.35 0.36 0.36 0.38 0.38 0.38
Debt to capital 0.03 0.03 0.03 0.03 0.05 0.45 0.59 0.57 0.56 0.41 0.40 0.34 0.27 0.38 0.34 0.28 0.27 0.27 0.26 0.26 0.26 0.27 0.28 0.27 0.27
Debt to capital (including operating lease liability) 0.30 0.29 0.28 0.27 0.45 0.71 0.78 0.77 0.75 0.66 0.66 0.59 0.50 0.38 0.34 0.28 0.27 0.27 0.26 0.26 0.26 0.27 0.28 0.27 0.27
Debt to assets 0.01 0.01 0.01 0.01 0.02 0.15 0.19 0.20 0.22 0.15 0.13 0.14 0.13 0.20 0.18 0.19 0.19 0.16 0.15 0.18 0.17 0.16 0.16 0.20 0.18
Debt to assets (including operating lease liability) 0.20 0.19 0.18 0.20 0.28 0.42 0.44 0.49 0.52 0.42 0.37 0.40 0.35 0.20 0.18 0.19 0.19 0.16 0.15 0.18 0.17 0.16 0.16 0.20 0.18
Financial leverage 2.15 2.18 2.14 1.91 2.91 5.66 7.83 6.74 5.68 4.61 5.10 3.69 2.81 3.03 2.98 2.04 1.97 2.28 2.37 1.99 2.06 2.21 2.46 1.92 2.06
Coverage Ratios
Interest coverage -166.00 -13.70 -5.29 -3.26 -3.32 -6.94 -5.34 -5.07 -15.66 -10.09 -15.51 -22.96 -12.96 -12.26 -9.90 0.72 1.46 2.41 9.16 9.24 9.59 10.38

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. GameStop Corp. debt to equity ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. GameStop Corp. debt to equity ratio (including operating lease liability) deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. GameStop Corp. debt to capital ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. GameStop Corp. debt to capital ratio (including operating lease liability) deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. GameStop Corp. debt to assets ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. GameStop Corp. debt to assets ratio (including operating lease liability) deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. GameStop Corp. financial leverage ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. GameStop Corp. interest coverage ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Debt to Equity

GameStop Corp., debt to equity calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Current portion of long-term debt 6,500 4,100 1,400 48,100 121,700 244,500 221,300 417,200 349,200 348,800 200
Borrowings under revolving line of credit 25,000 25,000 35,000 135,000
Long-term debt, net, excluding current portion 35,700 40,500 44,800 47,500 216,000 216,000 215,900 419,800 419,400 419,100 468,900 471,600 471,200 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,400
Total debt 42,200 44,600 46,200 47,500 48,100 362,700 485,500 472,200 552,200 419,800 419,400 419,100 468,900 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
 
Stockholders’ equity 1,450,700 1,602,500 1,754,900 1,852,000 879,500 436,700 332,200 352,300 435,000 611,500 617,100 809,700 1,291,700 1,336,200 1,565,100 2,104,200 2,183,500 2,214,500 2,313,700 2,311,700 2,268,900 2,254,100 2,124,100 2,151,000 2,156,100
Solvency Ratio
Debt to equity1 0.03 0.03 0.03 0.03 0.05 0.83 1.46 1.34 1.27 0.69 0.68 0.52 0.36 0.61 0.52 0.39 0.37 0.37 0.35 0.35 0.36 0.36 0.38 0.38 0.38
Benchmarks
Debt to Equity, Competitors2
Amazon.com Inc. 0.54 0.59 0.58 0.62 0.53 0.54 0.63 0.67 0.58 0.66 0.73 0.83 0.78 0.83 0.90 0.93 0.99
Home Depot Inc. 37.82 17.48 20.52 11.29 23.01 19.53 12.69 15.29
Lowe’s Cos. Inc. 52.23 15.16 5.35 5.01 12.71 9.79 7.26 6.65 5.42 4.45 2.89 2.74 2.76
TJX Cos. Inc. 0.60 0.56 0.52 0.52 0.87 1.04 1.11 1.33 1.52 0.38 0.40 0.42 0.44 0.44 0.42 0.43 0.42 0.43 0.48 0.49 0.49

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 42,200 ÷ 1,450,700 = 0.03

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. GameStop Corp. debt to equity ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Debt to Equity (including Operating Lease Liability)

GameStop Corp., debt to equity (including operating lease liability) calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Current portion of long-term debt 6,500 4,100 1,400 48,100 121,700 244,500 221,300 417,200 349,200 348,800 200
Borrowings under revolving line of credit 25,000 25,000 35,000 135,000
Long-term debt, net, excluding current portion 35,700 40,500 44,800 47,500 216,000 216,000 215,900 419,800 419,400 419,100 468,900 471,600 471,200 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,400
Total debt 42,200 44,600 46,200 47,500 48,100 362,700 485,500 472,200 552,200 419,800 419,400 419,100 468,900 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
Current portion of operating lease liabilities 200,300 210,700 211,900 221,500 219,400 227,400 212,900 218,800 249,400 239,400 238,500 240,300 250,000
Operating lease liabilities, excluding current portion 374,500 393,700 409,700 432,000 445,000 456,700 456,700 475,500 493,900 529,300 516,500 523,900 552,600
Total debt (including operating lease liability) 617,000 649,000 667,800 701,000 712,500 1,046,800 1,155,100 1,166,500 1,295,500 1,188,500 1,174,400 1,183,300 1,271,500 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
 
Stockholders’ equity 1,450,700 1,602,500 1,754,900 1,852,000 879,500 436,700 332,200 352,300 435,000 611,500 617,100 809,700 1,291,700 1,336,200 1,565,100 2,104,200 2,183,500 2,214,500 2,313,700 2,311,700 2,268,900 2,254,100 2,124,100 2,151,000 2,156,100
Solvency Ratio
Debt to equity (including operating lease liability)1 0.43 0.40 0.38 0.38 0.81 2.40 3.48 3.31 2.98 1.94 1.90 1.46 0.98 0.61 0.52 0.39 0.37 0.37 0.35 0.35 0.36 0.36 0.38 0.38 0.38
Benchmarks
Debt to Equity (including Operating Lease Liability), Competitors2
Amazon.com Inc. 1.00 1.06 1.05 1.08 0.97 0.96 1.07 1.07 0.98 1.08 1.16 1.23 1.20 1.25 1.32 1.35 1.43
Home Depot Inc. 43.73 20.47 23.99 13.16 26.74 19.53 12.69 15.29
Lowe’s Cos. Inc. 62.29 18.24 6.44 6.01 15.28 12.04 9.07 8.37 6.83 4.45 2.89 2.74 2.76
TJX Cos. Inc. 2.27 2.08 1.99 2.01 2.42 2.66 2.81 3.36 3.48 1.93 2.07 2.14 2.18 0.44 0.42 0.43 0.42 0.43 0.48 0.49 0.49

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 617,000 ÷ 1,450,700 = 0.43

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. GameStop Corp. debt to equity ratio (including operating lease liability) deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Debt to Capital

GameStop Corp., debt to capital calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Current portion of long-term debt 6,500 4,100 1,400 48,100 121,700 244,500 221,300 417,200 349,200 348,800 200
Borrowings under revolving line of credit 25,000 25,000 35,000 135,000
Long-term debt, net, excluding current portion 35,700 40,500 44,800 47,500 216,000 216,000 215,900 419,800 419,400 419,100 468,900 471,600 471,200 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,400
Total debt 42,200 44,600 46,200 47,500 48,100 362,700 485,500 472,200 552,200 419,800 419,400 419,100 468,900 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
Stockholders’ equity 1,450,700 1,602,500 1,754,900 1,852,000 879,500 436,700 332,200 352,300 435,000 611,500 617,100 809,700 1,291,700 1,336,200 1,565,100 2,104,200 2,183,500 2,214,500 2,313,700 2,311,700 2,268,900 2,254,100 2,124,100 2,151,000 2,156,100
Total capital 1,492,900 1,647,100 1,801,100 1,899,500 927,600 799,400 817,700 824,500 987,200 1,031,300 1,036,500 1,228,800 1,760,600 2,157,000 2,385,100 2,923,400 3,002,100 3,032,400 3,130,900 3,128,100 3,084,600 3,069,100 2,938,400 2,964,500 2,968,700
Solvency Ratio
Debt to capital1 0.03 0.03 0.03 0.03 0.05 0.45 0.59 0.57 0.56 0.41 0.40 0.34 0.27 0.38 0.34 0.28 0.27 0.27 0.26 0.26 0.26 0.27 0.28 0.27 0.27
Benchmarks
Debt to Capital, Competitors2
Amazon.com Inc. 0.35 0.37 0.37 0.38 0.35 0.35 0.39 0.40 0.37 0.40 0.42 0.45 0.44 0.45 0.47 0.48 0.50
Home Depot Inc. 1.04 1.04 0.97 0.95 0.95 0.92 0.96 1.01 1.11 1.11 1.04 1.04 1.08 1.07 0.95 0.93 0.94
Lowe’s Cos. Inc. 1.31 1.24 1.06 1.01 0.98 0.94 0.84 0.83 0.93 0.91 0.88 0.87 0.84 0.82 0.74 0.73 0.73
TJX Cos. Inc. 0.37 0.36 0.34 0.34 0.46 0.51 0.53 0.57 0.60 0.27 0.29 0.30 0.30 0.31 0.30 0.30 0.30 0.30 0.32 0.33 0.33

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Debt to capital = Total debt ÷ Total capital
= 42,200 ÷ 1,492,900 = 0.03

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. GameStop Corp. debt to capital ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Debt to Capital (including Operating Lease Liability)

GameStop Corp., debt to capital (including operating lease liability) calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Current portion of long-term debt 6,500 4,100 1,400 48,100 121,700 244,500 221,300 417,200 349,200 348,800 200
Borrowings under revolving line of credit 25,000 25,000 35,000 135,000
Long-term debt, net, excluding current portion 35,700 40,500 44,800 47,500 216,000 216,000 215,900 419,800 419,400 419,100 468,900 471,600 471,200 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,400
Total debt 42,200 44,600 46,200 47,500 48,100 362,700 485,500 472,200 552,200 419,800 419,400 419,100 468,900 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
Current portion of operating lease liabilities 200,300 210,700 211,900 221,500 219,400 227,400 212,900 218,800 249,400 239,400 238,500 240,300 250,000
Operating lease liabilities, excluding current portion 374,500 393,700 409,700 432,000 445,000 456,700 456,700 475,500 493,900 529,300 516,500 523,900 552,600
Total debt (including operating lease liability) 617,000 649,000 667,800 701,000 712,500 1,046,800 1,155,100 1,166,500 1,295,500 1,188,500 1,174,400 1,183,300 1,271,500 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
Stockholders’ equity 1,450,700 1,602,500 1,754,900 1,852,000 879,500 436,700 332,200 352,300 435,000 611,500 617,100 809,700 1,291,700 1,336,200 1,565,100 2,104,200 2,183,500 2,214,500 2,313,700 2,311,700 2,268,900 2,254,100 2,124,100 2,151,000 2,156,100
Total capital (including operating lease liability) 2,067,700 2,251,500 2,422,700 2,553,000 1,592,000 1,483,500 1,487,300 1,518,800 1,730,500 1,800,000 1,791,500 1,993,000 2,563,200 2,157,000 2,385,100 2,923,400 3,002,100 3,032,400 3,130,900 3,128,100 3,084,600 3,069,100 2,938,400 2,964,500 2,968,700
Solvency Ratio
Debt to capital (including operating lease liability)1 0.30 0.29 0.28 0.27 0.45 0.71 0.78 0.77 0.75 0.66 0.66 0.59 0.50 0.38 0.34 0.28 0.27 0.27 0.26 0.26 0.26 0.27 0.28 0.27 0.27
Benchmarks
Debt to Capital (including Operating Lease Liability), Competitors2
Amazon.com Inc. 0.50 0.51 0.51 0.52 0.49 0.49 0.52 0.52 0.49 0.52 0.54 0.55 0.54 0.56 0.57 0.57 0.59
Home Depot Inc. 1.04 1.04 0.98 0.95 0.96 0.93 0.96 1.01 1.09 1.09 1.03 1.03 1.07 1.07 0.95 0.93 0.94
Lowe’s Cos. Inc. 1.26 1.20 1.05 1.01 0.98 0.95 0.87 0.86 0.94 0.92 0.90 0.89 0.87 0.82 0.74 0.73 0.73
TJX Cos. Inc. 0.69 0.68 0.67 0.67 0.71 0.73 0.74 0.77 0.78 0.66 0.67 0.68 0.69 0.31 0.30 0.30 0.30 0.30 0.32 0.33 0.33

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 617,000 ÷ 2,067,700 = 0.30

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. GameStop Corp. debt to capital ratio (including operating lease liability) deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Debt to Assets

GameStop Corp., debt to assets calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Current portion of long-term debt 6,500 4,100 1,400 48,100 121,700 244,500 221,300 417,200 349,200 348,800 200
Borrowings under revolving line of credit 25,000 25,000 35,000 135,000
Long-term debt, net, excluding current portion 35,700 40,500 44,800 47,500 216,000 216,000 215,900 419,800 419,400 419,100 468,900 471,600 471,200 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,400
Total debt 42,200 44,600 46,200 47,500 48,100 362,700 485,500 472,200 552,200 419,800 419,400 419,100 468,900 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
 
Total assets 3,125,500 3,499,300 3,762,000 3,545,800 2,562,700 2,472,600 2,601,400 2,375,200 2,469,000 2,819,700 3,145,600 2,987,900 3,633,300 4,044,300 4,656,700 4,282,400 4,308,400 5,041,600 5,474,000 4,609,800 4,683,400 4,975,900 5,230,600 4,133,600 4,446,000
Solvency Ratio
Debt to assets1 0.01 0.01 0.01 0.01 0.02 0.15 0.19 0.20 0.22 0.15 0.13 0.14 0.13 0.20 0.18 0.19 0.19 0.16 0.15 0.18 0.17 0.16 0.16 0.20 0.18
Benchmarks
Debt to Assets, Competitors2
Amazon.com Inc. 0.18 0.19 0.19 0.19 0.17 0.18 0.20 0.21 0.19 0.19 0.22 0.24 0.23 0.23 0.25 0.26 0.27
Home Depot Inc. 0.54 0.56 0.54 0.51 0.49 0.53 0.53 0.55 0.61 0.61 0.56 0.55 0.55 0.66 0.57 0.55 0.55
Lowe’s Cos. Inc. 0.58 0.55 0.53 0.49 0.45 0.47 0.43 0.42 0.48 0.49 0.45 0.43 0.41 0.47 0.42 0.43 0.41
TJX Cos. Inc. 0.12 0.12 0.11 0.12 0.18 0.20 0.20 0.23 0.28 0.09 0.09 0.10 0.10 0.16 0.15 0.16 0.16 0.16 0.16 0.17 0.17

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Debt to assets = Total debt ÷ Total assets
= 42,200 ÷ 3,125,500 = 0.01

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. GameStop Corp. debt to assets ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Debt to Assets (including Operating Lease Liability)

GameStop Corp., debt to assets (including operating lease liability) calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Current portion of long-term debt 6,500 4,100 1,400 48,100 121,700 244,500 221,300 417,200 349,200 348,800 200
Borrowings under revolving line of credit 25,000 25,000 35,000 135,000
Long-term debt, net, excluding current portion 35,700 40,500 44,800 47,500 216,000 216,000 215,900 419,800 419,400 419,100 468,900 471,600 471,200 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,400
Total debt 42,200 44,600 46,200 47,500 48,100 362,700 485,500 472,200 552,200 419,800 419,400 419,100 468,900 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
Current portion of operating lease liabilities 200,300 210,700 211,900 221,500 219,400 227,400 212,900 218,800 249,400 239,400 238,500 240,300 250,000
Operating lease liabilities, excluding current portion 374,500 393,700 409,700 432,000 445,000 456,700 456,700 475,500 493,900 529,300 516,500 523,900 552,600
Total debt (including operating lease liability) 617,000 649,000 667,800 701,000 712,500 1,046,800 1,155,100 1,166,500 1,295,500 1,188,500 1,174,400 1,183,300 1,271,500 820,800 820,000 819,200 818,600 817,900 817,200 816,400 815,700 815,000 814,300 813,500 812,600
 
Total assets 3,125,500 3,499,300 3,762,000 3,545,800 2,562,700 2,472,600 2,601,400 2,375,200 2,469,000 2,819,700 3,145,600 2,987,900 3,633,300 4,044,300 4,656,700 4,282,400 4,308,400 5,041,600 5,474,000 4,609,800 4,683,400 4,975,900 5,230,600 4,133,600 4,446,000
Solvency Ratio
Debt to assets (including operating lease liability)1 0.20 0.19 0.18 0.20 0.28 0.42 0.44 0.49 0.52 0.42 0.37 0.40 0.35 0.20 0.18 0.19 0.19 0.16 0.15 0.18 0.17 0.16 0.16 0.20 0.18
Benchmarks
Debt to Assets (including Operating Lease Liability), Competitors2
Amazon.com Inc. 0.33 0.33 0.34 0.34 0.32 0.31 0.34 0.34 0.31 0.31 0.34 0.35 0.35 0.34 0.37 0.37 0.39
Home Depot Inc. 0.62 0.64 0.62 0.60 0.58 0.62 0.61 0.64 0.71 0.73 0.67 0.66 0.66 0.66 0.57 0.55 0.55
Lowe’s Cos. Inc. 0.68 0.66 0.63 0.58 0.54 0.56 0.52 0.51 0.57 0.60 0.56 0.54 0.51 0.47 0.42 0.43 0.41
TJX Cos. Inc. 0.46 0.44 0.43 0.45 0.49 0.50 0.50 0.59 0.65 0.47 0.47 0.50 0.50 0.16 0.15 0.16 0.16 0.16 0.16 0.17 0.17

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 617,000 ÷ 3,125,500 = 0.20

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. GameStop Corp. debt to assets ratio (including operating lease liability) deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Financial Leverage

GameStop Corp., financial leverage calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Total assets 3,125,500 3,499,300 3,762,000 3,545,800 2,562,700 2,472,600 2,601,400 2,375,200 2,469,000 2,819,700 3,145,600 2,987,900 3,633,300 4,044,300 4,656,700 4,282,400 4,308,400 5,041,600 5,474,000 4,609,800 4,683,400 4,975,900 5,230,600 4,133,600 4,446,000
Stockholders’ equity 1,450,700 1,602,500 1,754,900 1,852,000 879,500 436,700 332,200 352,300 435,000 611,500 617,100 809,700 1,291,700 1,336,200 1,565,100 2,104,200 2,183,500 2,214,500 2,313,700 2,311,700 2,268,900 2,254,100 2,124,100 2,151,000 2,156,100
Solvency Ratio
Financial leverage1 2.15 2.18 2.14 1.91 2.91 5.66 7.83 6.74 5.68 4.61 5.10 3.69 2.81 3.03 2.98 2.04 1.97 2.28 2.37 1.99 2.06 2.21 2.46 1.92 2.06
Benchmarks
Financial Leverage, Competitors2
Amazon.com Inc. 3.01 3.17 3.12 3.19 3.07 3.04 3.17 3.14 3.13 3.44 3.41 3.50 3.39 3.63 3.52 3.61 3.68
Home Depot Inc. 70.56 34.20 41.51 21.39 43.60 34.24 23.01 27.65
Lowe’s Cos. Inc. 115.06 32.52 12.49 11.88 26.71 20.02 16.18 15.41 13.36 9.47 6.81 6.42 6.66
TJX Cos. Inc. 4.95 4.74 4.67 4.49 4.94 5.28 5.67 5.70 5.36 4.06 4.38 4.31 4.38 2.84 2.86 2.70 2.66 2.73 2.99 2.85 2.80

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 3,125,500 ÷ 1,450,700 = 2.15

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. GameStop Corp. financial leverage ratio increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.

Interest Coverage

GameStop Corp., interest coverage calculation (quarterly data)

Microsoft Excel
Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Net income (loss) (157,900) (147,500) (105,400) (61,600) (66,800) 80,500 (18,800) (111,300) (165,700) 21,000 (83,400) (415,300) 6,800 (187,700) (488,600) (24,900) 28,200 (105,900) 59,400 22,200 59,000 208,700 50,800 27,900 65,800
Less: Income (loss) from discontinued operations, net of tax 200 (300) (600) (3,900) (200) (1,700) (700) 80,800 18,300 14,900 7,800
Add: Income tax expense 3,500 (20,200) 1,700 3,100 1,300 (69,700) (53,900) 17,900 50,400 43,800 31,600 (40,100) 2,300 25,900 (24,000) 27,400 12,400 (3,900) 14,300 7,000 28,200 64,100 33,200 16,800 37,400
Add: Interest expense 700 900 800 500 24,700 8,500 10,000 7,900 7,600 7,900 8,000 9,600 13,000 14,100 14,100 14,400 14,200 14,200 14,100 14,400 14,100 14,100 14,800 13,900 11,000
Earnings before interest and tax (EBIT) (153,700) (166,800) (102,900) (58,000) (40,800) 19,100 (62,700) (85,200) (107,100) 76,600 (43,600) (444,100) 22,800 (228,500) (516,800) 2,000 47,000 (95,600) 87,800 43,600 101,300 286,900 98,800 58,600 114,200
Solvency Ratio
Interest coverage1 -166.00 -13.70 -5.29 -3.26 -3.32 -6.94 -5.34 -5.07 -15.66 -10.09 -15.51 -22.96 -12.96 -12.26 -9.90 0.72 1.46 2.41 9.16 9.24 9.59 10.38
Benchmarks
Interest Coverage, Competitors2
Amazon.com Inc. 2.27 -1.51 5.61 6.57 13.02 22.09 18.81 21.05 19.96 15.69 13.12 10.78 8.85 9.73
Home Depot Inc. 16.83 17.14 16.63 15.94 15.29 13.60 13.38 13.08 12.61 13.25 13.68 14.26 14.67 14.85

Based on: 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q1 2023 Calculation
Interest coverage = (EBITQ1 2023 + EBITQ4 2022 + EBITQ3 2022 + EBITQ2 2022) ÷ (Interest expenseQ1 2023 + Interest expenseQ4 2022 + Interest expenseQ3 2022 + Interest expenseQ2 2022)
= (-153,700 + -166,800 + -102,900 + -58,000) ÷ (700 + 900 + 800 + 500) = -166.00

2 Click competitor name to see calculations.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. GameStop Corp. interest coverage ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.