Kings Entertainment Group (FRA:L12) Beginning Cash Position: €3.01 Mil (As of Sep. 2023)

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What is Kings Entertainment Group Beginning Cash Position?

Kings Entertainment Group FRA:L12 Beginning Cash Position is €3.01 Mil as of Sep. 2023.

Kings Entertainment Group's Beginning Cash Position for the quarter that ended in Sep. 2023 was €3.01 Mil.

Kings Entertainment Group's quarterly Beginning Cash Position increased from Mar. 2023 (€1.12 Mil) to Jun. 2023 (€1.96 Mil) and increased from Jun. 2023 (€1.96 Mil) to Sep. 2023 (€3.01 Mil).

Kings Entertainment Group's annual Beginning Cash Position declined from Dec. 2020 (€0.40 Mil) to Dec. 2021 (€0.38 Mil) but then increased from Dec. 2021 (€0.38 Mil) to Dec. 2022 (€6.82 Mil).

Kings Entertainment Group Beginning Cash Position Related Terms

Kings Entertainment Group Beginning Cash Position Historical Data

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The historical data trend for Kings Entertainment Group's Beginning Cash Position 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.

Kings Entertainment Group Beginning Cash Position Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
Beginning Cash Position
0.40 0.38 6.82

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 3.42 1.12 1.96 3.01

Kings Entertainment Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €3.01 Mil mean?
Kings Entertainment Group (FRA:L12) has a Beginning Cash Position of €3.01 Mil as of Sep. 2023. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's Beginning Cash Position too high?
Kings Entertainment Group's current Beginning Cash Position is €3.01 Mil.
How does Kings Entertainment Group's Beginning Cash Position compare to DKNG and CHDN?
Kings Entertainment Group's Beginning Cash Position of €3.01 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Travel & Leisure company?
A good Beginning Cash Position depends on the Travel & Leisure industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Kings Entertainment Group and its competitors. Kings Entertainment Group's current Beginning Cash Position is €3.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Entertainment Group stock overvalued right now?
Kings Entertainment Group (FRA:L12) has a current Beginning Cash Position of €3.01 Mil. The current Beginning Cash Position is €3.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Kings Entertainment Group (FRA:L12), the current Beginning Cash Position is €3.01 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kings Entertainment Group Business Description

Address 1060 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 2E9
Kings Entertainment Group Inc is a business-to-consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world. The company operates through multiple established brands and websites, which include www.wintrillions.com, www.trillionaire.com, and www.LottoKings.com. In addition to the lottery services, it offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. The company has only one reportable segment, which is lottery procurement and online casino, and scratchcard. Geographically, it derives revenue from Mexico, Brazil, other Latin American countries, and other regions.