Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

GameStop Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019
Accounts payable	324,000)	531,300)	471,000)	341,800)	380,800)	1,051,900)
Customer-related liabilities	155,000)	192,200)	247,500)	251,700)	233,400)	268,700)
Deferred revenue	128,600)	211,900)	142,300)	119,900)	116,500)	124,200)
Employee benefits, compensation and related taxes	54,600)	95,600)	97,900)	104,400)	105,200)	140,700)
Income and other taxes payable	24,800)	28,300)	30,700)	47,100)	34,800)	72,700)
Other accrued liabilities	49,000)	74,300)	150,500)	103,700)	127,600)	173,700)
Accrued liabilities and other current liabilities	412,000)	602,300)	668,900)	626,800)	617,500)	780,000)
Current portion of operating lease liabilities	187,700)	194,700)	210,700)	227,400)	239,400)	—)
Current portion of long-term debt	10,800)	10,800)	4,100)	121,700)	—)	349,200)
Borrowings under revolving line of credit	—)	—)	—)	25,000)	—)	—)
Current liabilities	934,500)	1,339,100)	1,354,700)	1,342,700)	1,237,700)	2,181,100)
Deferred income taxes	—)	—)	—)	—)	700)	100)
Long-term debt, excluding current portion	17,700)	28,700)	40,500)	216,000)	419,800)	471,600)
Operating lease liabilities, excluding current portion	386,600)	382,400)	393,700)	456,700)	529,300)	—)
Other long-term liabilities	31,600)	40,900)	107,900)	20,500)	20,700)	55,300)
Long-term liabilities	435,900)	452,000)	542,100)	693,200)	970,500)	527,000)
Total liabilities	1,370,400)	1,791,100)	1,896,800)	2,035,900)	2,208,200)	2,708,100)
Class A common stock, $.001 par value	100)	100)	100)	100)	100)	100)
Additional paid-in capital	1,634,900)	1,613,600)	1,577,500)	11,000)	—)	27,700)
Accumulated other comprehensive loss	(83,600)	(71,900)	(68,700)	(49,300)	(78,800)	(54,300)
Retained earnings (loss)	(212,800)	(219,500)	93,600)	474,900)	690,200)	1,362,700)
Stockholders’ equity	1,338,600)	1,322,300)	1,602,500)	436,700)	611,500)	1,336,200)
Total liabilities and stockholders’ equity	2,709,000)	3,113,400)	3,499,300)	2,472,600)	2,819,700)	4,044,300)

Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	GameStop Corp. current liabilities decreased from 2022 to 2023 and from 2023 to 2024.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	GameStop Corp. long-term liabilities decreased from 2022 to 2023 and from 2023 to 2024.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	GameStop Corp. total liabilities decreased from 2022 to 2023 and from 2023 to 2024.
Stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	GameStop Corp. stockholders’ equity decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.

GameStop Corp. (NYSE:GME)

Balance Sheet: Liabilities and Stockholders’ Equity