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NorthStar Gaming Holdings (TSXV:BET) Total Assets : C$13.02 Mil (As of Dec. 2023)


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What is NorthStar Gaming Holdings Total Assets?

NorthStar Gaming Holdings's Total Assets for the quarter that ended in Dec. 2023 was C$13.02 Mil.

During the past 12 months, NorthStar Gaming Holdings's average Total Assets Growth Rate was 182160.00% per year.

Total Assets is connected with ROA %. NorthStar Gaming Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -292.02%. Total Assets is also linked to Revenue through Asset Turnover. NorthStar Gaming Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.63.

NorthStar Gaming Holdings Total Assets Historical Data

The historical data trend for NorthStar Gaming Holdings's Total Assets 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.

NorthStar Gaming Holdings Total Assets Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Total Assets
0.30 13.02

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets 0.18 9.88 8.74 7.46 13.02

NorthStar Gaming Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

NorthStar Gaming Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-8.14+21.163
=13.02

NorthStar Gaming Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=-8.14+21.163
=13.02

* 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.

NorthStar Gaming Holdings  (TSXV:BET) Total Assets Explanation

Total Assets is connected with ROA %.

NorthStar Gaming Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-29.9/( (7.455+13.023)/ 2 )
=-29.9/10.239
=-292.02 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

NorthStar Gaming Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6.451/( (7.455+13.023)/ 2 )
=6.451/10.239
=0.63

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

NorthStar Gaming Holdings Total Assets Related Terms

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NorthStar Gaming Holdings (TSXV:BET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NorthStar Gaming Holdings Inc (TSXV:BET) » Definitions » Total Assets
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Traded in Other Exchanges
NSBBF:USA
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
Website
https://www.northstargaming.ca
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.
Executives
Corey Goodman Senior Officer

NorthStar Gaming Holdings (TSXV:BET) Headlines

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