Debt to Equity
since 2008
Calculation
Activision Blizzard Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Long-term debt, net, including current portion1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 0.19 | = | 3,611) | ÷ | 19,243) |
| Dec 31, 2021 | 0.21 | = | 3,608) | ÷ | 17,599) |
| Dec 31, 2020 | 0.24 | = | 3,605) | ÷ | 15,037) |
| Dec 31, 2019 | 0.21 | = | 2,675) | ÷ | 12,805) |
| Dec 31, 2018 | 0.24 | = | 2,671) | ÷ | 11,357) |
| Dec 31, 2017 | 0.46 | = | 4,390) | ÷ | 9,462) |
| Dec 31, 2016 | 0.54 | = | 4,887) | ÷ | 9,119) |
| Dec 31, 2015 | 0.51 | = | 4,079) | ÷ | 8,068) |
| Dec 31, 2014 | 0.60 | = | 4,324) | ÷ | 7,233) |
| Dec 31, 2013 | 0.71 | = | 4,693) | ÷ | 6,622) |
| Dec 31, 2012 | 0.00 | = | —) | ÷ | 11,317) |
| Dec 31, 2011 | 0.00 | = | —) | ÷ | 10,492) |
| Dec 31, 2010 | 0.00 | = | —) | ÷ | 10,203) |
| Dec 31, 2009 | 0.00 | = | —) | ÷ | 10,756) |
| Dec 31, 2008 | 0.00 | = | —) | ÷ | 11,527) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
1 US$ in millions
Comparison to Competitors
Activision Blizzard Inc., debt to equity, long-term trends, comparison to competitors
| Activision Blizzard Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Dec 31, 2022 | 0.19 | 0.06 | 1.17 | 0.08 | 0.69 | 0.51 |
| Dec 31, 2021 | 0.21 | 0.06 | 0.99 | 0.00 | 0.97 | 0.61 |
| Dec 31, 2020 | 0.24 | 0.06 | 1.15 | 0.00 | 1.47 | 0.70 |
| Dec 31, 2019 | 0.21 | 0.02 | 1.24 | 0.00 | 1.95 | 0.53 |
| Dec 31, 2018 | 0.24 | 0.02 | 1.56 | 0.00 | 1.98 | 0.43 |
| Dec 31, 2017 | 0.46 | 0.03 | 0.94 | 0.00 | 1.81 | 0.61 |
| Dec 31, 2016 | 0.54 | 0.03 | 1.13 | 0.00 | 1.26 | 0.47 |
| Dec 31, 2015 | 0.51 | 0.04 | 1.01 | 0.00 | 1.07 | 0.39 |
| Dec 31, 2014 | 0.60 | 0.05 | 0.92 | 0.01 | 0.48 | 0.33 |
| Dec 31, 2013 | 0.71 | 0.06 | 0.94 | 0.03 | 0.37 | 0.31 |
| Dec 31, 2012 | 0.00 | 0.08 | 0.82 | 0.20 | 0.54 | 0.36 |
| Dec 31, 2011 | 0.00 | 0.07 | 0.83 | — | 0.62 | 0.37 |
| Dec 31, 2010 | 0.00 | 0.07 | 0.71 | — | 0.69 | 0.33 |
| Dec 31, 2009 | 0.00 | 0.00 | 0.68 | — | 1.00 | 0.38 |
| Dec 31, 2008 | 0.00 | 0.00 | 0.80 | — | 0.00 | 0.45 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
Comparison to Sector (Media & Entertainment)
Activision Blizzard Inc., debt to equity, long-term trends, comparison to sector (media & entertainment)
| Activision Blizzard Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2022 | 0.19 | 0.31 |
| Dec 31, 2021 | 0.21 | 0.31 |
| Dec 31, 2020 | 0.24 | 0.36 |
| Dec 31, 2019 | 0.21 | 0.35 |
| Dec 31, 2018 | 0.24 | 0.38 |
| Dec 31, 2017 | 0.46 | 0.29 |
| Dec 31, 2016 | 0.54 | 0.30 |
| Dec 31, 2015 | 0.51 | 0.29 |
| Dec 31, 2014 | 0.60 | 0.29 |
| Dec 31, 2013 | 0.71 | 0.34 |
| Dec 31, 2012 | 0.00 | 0.36 |
| Dec 31, 2011 | 0.00 | 0.40 |
| Dec 31, 2010 | 0.00 | 0.37 |
| Dec 31, 2009 | 0.00 | 0.37 |
| Dec 31, 2008 | 0.00 | 0.46 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
Comparison to Industry (Communication Services)
Activision Blizzard Inc., debt to equity, long-term trends, comparison to industry (communication services)
| Activision Blizzard Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2022 | 0.19 | 0.65 |
| Dec 31, 2021 | 0.21 | 0.65 |
| Dec 31, 2020 | 0.24 | 0.67 |
| Dec 31, 2019 | 0.21 | 0.62 |
| Dec 31, 2018 | 0.24 | 0.71 |
| Dec 31, 2017 | 0.46 | 0.75 |
| Dec 31, 2016 | 0.54 | 0.75 |
| Dec 31, 2015 | 0.51 | 0.81 |
| Dec 31, 2014 | 0.60 | 0.81 |
| Dec 31, 2013 | 0.71 | 0.75 |
| Dec 31, 2012 | 0.00 | 0.62 |
| Dec 31, 2011 | 0.00 | 0.62 |
| Dec 31, 2010 | 0.00 | 0.60 |
| Dec 31, 2009 | 0.00 | 0.69 |
| Dec 31, 2008 | 0.00 | 0.73 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).