GameStop Corp Financials

GME Stock  USD 13.17  2.33  15.03%   
Based on the analysis of GameStop Corp's profitability, liquidity, and operating efficiency, GameStop Corp is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in April. At present, GameStop Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 359.7 M, whereas Other Current Liabilities is forecasted to decline to about 380.3 M. Key indicators impacting GameStop Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.170.4503
Way Down
Very volatile
Current Ratio1.262.1126
Way Down
Slightly volatile
The financial analysis of GameStop Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for GameStop Corp includes many different criteria found on its balance sheet. For example, investors should never minimize GameStop Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor GameStop Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in GameStop Corp.

Cash And Equivalents

1.03 Billion

With this module, you can analyze GameStop financials for your investing period. You should be able to track the changes in GameStop Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past GameStop Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of GameStop Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in GameStop Corp's assets may result in an increase in income on the income statement.
Evaluating GameStop Corp's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of GameStop Corp's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the GameStop Corp's relative financial performance

Chance Of Distress

Less than 11

 
100  
 
Zero
Low
GameStop Corp has less than 11 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for GameStop Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, GameStop Corp's odds of distress score SHOULD NOT be confused with the real chance of GameStop Corp filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as GameStop is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include GameStop Corp's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in GameStop Corp's official financial statements usually reflect GameStop Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of GameStop Corp. For example, before you start analyzing numbers published by GameStop accountants, it's critical to develop an understanding of what GameStop Corp's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of GameStop Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GameStop Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in GameStop Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of GameStop Corp. Please utilize our Beneish M Score to check the likelihood of GameStop Corp's management manipulating its earnings.

GameStop Corp Company Summary

GameStop Corp competes with Macys, Wayfair, 1StdibsCom, AutoNation, and Boqii Holding. GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas. Gamestop Corp operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 12000 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001326380
ISINUS36467W1099
CUSIP36467W109 36466R101 36467W208
RegionNorth America
LocationTexas; U.S.A
Business Address625 Westport Parkway,
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitewww.gamestop.com
Phone817 424 2000
CurrencyUSD - US Dollar
You should never invest in GameStop Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of GameStop Stock, because this is throwing your money away. Analyzing the key information contained in GameStop Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

GameStop Corp Key Financial Ratios

Generally speaking, GameStop Corp's financial ratios allow both analysts and investors to convert raw data from GameStop Corp's financial statements into concise, actionable information that can be used to evaluate the performance of GameStop Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that GameStop Corp reports annually and quarterly.

GameStop Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B3.5B3.1B2.7B3.4B
Other Assets143.1M58.1M150.3M92.4M106.3M92.2M
Total Liab2.2B2.0B1.9B1.8B1.4B1.8B
Other Current Liab267.6M255.2M279.1M198.2M412M380.3M
Other Liab21.4M20.5M107.9M40.9M47.0M65.7M
Retained Earnings690.2M474.9M93.6M(219.5M)(252.4M)(239.8M)
Accounts Payable380.8M341.8M471M531.3M324M643.6M
Cash499.4M508.5M1.3B1.1B921.7M671.8M
Long Term Debt419.8M216M40.5M28.7M25.8M24.5M
Inventory859.7M602.5M915M682.9M632.5M865.1M
Other Current Assets120.6M224.9M238.2M96.3M51.4M85.3M
Intangible Assets33.5M22.8M18.5M12.1M10.9M10.3M
Net Debt689.1M538.3M(622.4M)(522.4M)(318.9M)(303.0M)
Net Receivables141.9M105.3M141.1M153.9M91M93.8M
Total Current Assets1.6B1.6B2.6B2.3B2.0B1.8B
Short Term Debt239.4M374.1M214.8M205.5M198.5M208.4M
Net Tangible Assets611.5M436.7M1.6B1.3B1.5B1.6B

GameStop Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what GameStop Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense38.5M34M26.9M(4.1M)(4.7M)(4.5M)
Total Revenue6.5B5.1B6.0B5.9B6.8B6.4B
Gross Profit1.9B1.3B1.3B1.4B1.6B1.8B
Operating Income(399.6M)(254.7M)(361.8M)(308.9M)(278.0M)(264.1M)
Ebit371.6M(254.7M)(361.8M)(308.9M)(355.2M)(337.5M)
Ebitda467.8M(190.9M)(277.9M)(244.5M)(281.2M)(267.1M)
Cost Of Revenue4.6B3.8B4.7B4.6B5.2B4.6B
Income Before Tax(426.8M)(269.9M)(395.4M)(302.1M)(271.9M)(258.3M)
Net Income(470.9M)(214.6M)(381.3M)(313.1M)(281.8M)(267.7M)
Income Tax Expense37.6M(55.3M)(14.1M)11M12.7M12.0M
Non Recurring385.6M15.5M6.7M2.7M2.4M2.3M
Tax Provision37.6M(55.3M)(14.1M)11M9.9M9.4M
Interest Income11.3M1.9M9.1M9.5M8.6M11.5M
Net Interest Income(27.2M)(32.1M)(26.9M)9.5M10.9M11.5M

GameStop Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of GameStop Corp. It measures of how well GameStop is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money GameStop Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money GameStop had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what GameStop Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
End Period Cash Flow513.5M635M1.3B1.2B1.4B1.4B
Change To Inventory361.1M282.4M(329.6M)229.6M264.0M277.2M
Change In Cash(1.1B)121.5M684.9M(123.9M)(111.5M)(105.9M)
Free Cash Flow(493M)63.7M(496.3M)52.3M47.1M44.7M
Depreciation96.2M80.7M77.2M61.7M71.0M127.9M
Other Non Cash Items4.1M(10.9M)26.8M33.2M38.2M66.2M
Net Income(470.9M)(215.3M)(381.3M)(313.1M)(281.8M)(267.7M)

GameStop Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining GameStop Corp's current stock value. Our valuation model uses many indicators to compare GameStop Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GameStop Corp competition to find correlations between indicators driving GameStop Corp's intrinsic value. More Info.
GameStop Corp is rated below average in book value per share category among related companies. It is rated # 3 in price to sales category among related companies fabricating about  0.17  of Price To Sales per Book Value Per Share. The ratio of Book Value Per Share to Price To Sales for GameStop Corp is roughly  5.74 . The current year's Price To Sales Ratio is expected to grow to 0.62. Comparative valuation analysis is a catch-all model that can be used if you cannot value GameStop Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GameStop Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GameStop Corp's earnings, one of the primary drivers of an investment's value.

GameStop Corp Systematic Risk

GameStop Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GameStop Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on GameStop Corp correlated with the market. If Beta is less than 0 GameStop Corp generally moves in the opposite direction as compared to the market. If GameStop Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GameStop Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GameStop Corp is generally in the same direction as the market. If Beta > 1 GameStop Corp moves generally in the same direction as, but more than the movement of the benchmark.

About GameStop Corp Financials

What exactly are GameStop Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include GameStop Corp's income statement, its balance sheet, and the statement of cash flows. Potential GameStop Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although GameStop Corp investors may use each financial statement separately, they are all related. The changes in GameStop Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GameStop Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze GameStop Corp Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as GameStop Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of GameStop has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if GameStop Corp's financials are consistent with your investment objective using the following steps:
  • Review GameStop Corp's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand GameStop Corp's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare GameStop Corp's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if GameStop Corp's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

GameStop Corp Thematic Clasifications

GameStop Corp is part of several thematic ideas from Toys to Online Gaming. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in GameStop Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GameStop Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of GameStop Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.67

At present, GameStop Corp's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

GameStop Corp March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of GameStop Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GameStop Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of GameStop Corp based on widely used predictive technical indicators. In general, we focus on analyzing GameStop Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GameStop Corp's daily price indicators and compare them against related drivers.
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running GameStop Corp's price analysis, check to measure GameStop Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GameStop Corp is operating at the current time. Most of GameStop Corp's value examination focuses on studying past and present price action to predict the probability of GameStop Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GameStop Corp's price. Additionally, you may evaluate how the addition of GameStop Corp to your portfolios can decrease your overall portfolio volatility.
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Is GameStop Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GameStop Corp. If investors know GameStop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.259
Earnings Share
(0.02)
Revenue Per Share
17.282
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.01)
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.