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GAN (GAN) Equity-to-Asset : -0.11 (As of Mar. 2024)


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What is GAN Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GAN's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-8.9 Mil. GAN's Total Assets for the quarter that ended in Mar. 2024 was $81.4 Mil. Therefore, GAN's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.11.

The historical rank and industry rank for GAN's Equity-to-Asset or its related term are showing as below:

GAN' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.11   Med: 0.66   Max: 0.9
Current: -0.11

During the past 6 years, the highest Equity to Asset Ratio of GAN was 0.90. The lowest was -0.11. And the median was 0.66.

GAN's Equity-to-Asset is ranked worse than
92.51% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs GAN: -0.11

GAN Equity-to-Asset Historical Data

The historical data trend for GAN's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GAN Equity-to-Asset Chart

GAN Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.58 0.90 0.86 0.20 -0.05

GAN Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.11 0.02 -0.05 -0.11

Competitive Comparison of GAN's Equity-to-Asset

For the Gambling subindustry, GAN's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GAN's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GAN's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GAN's Equity-to-Asset falls into.



GAN Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

GAN's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-4.604/87.504
=-0.05

GAN's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-8.922/81.403
=-0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GAN  (NAS:GAN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


GAN Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of GAN's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


GAN (GAN) Business Description

Traded in Other Exchanges
Address
400 Spectrum Center Drive, Suite 1900, Irvine, CA, USA, 92618
GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company has two operating segments B2B and B2C. The B2B segment develops, markets, and sells instances of GameSTACK, GAN Sports, and iSight Back Office technology that incorporates comprehensive player registration, account funding, and back-office accounting and management tools that enable the casino operators to efficiently, confidently, and effectively extend their presence online in places that have permitted online real money gaming, and The B2C segment, which includes the operations of Coolbet, develops and operates a B2C online sports betting and casino platform that is accessible through its website in markets across Northern Europe, Latin America, and Canada.
Executives
Giuseppe Gardali officer: President, B2B 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Endre Nesset officer: President, B2C 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Brian P Chang officer: Interim CFO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Eric J Green director C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Seamus M Mcgill director C/O GAN LIMITED,, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Dermot S. Smurfit director, officer: President, CEO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Karen Flores director, officer: EVP, Chief Financial Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Sylvia Tiscareno officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Glenn Anders Karlsen officer: CEO, Coolbet 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Simon Knock officer: EVP, Chief Information Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Arouh officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Jr. Smurfit director 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Susan Bracey director C/O YOUBET.COM, INC., 2600 WEST OLIVE AVENUE, 5TH FLOOR, BURBANK CA 91505
David Goldberg director C/O GAN LIMITED, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Jan Roos officer: Chief Technology Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618