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Playgon GamesPLGNF -2.78% Equity-to-Asset is -48.01 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, Playgon Games ranks worse than 99.77% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Playgon Games's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-30.63 Mil. Playgon Games's Total Assets for the quarter that ended in Mar. 2026 was $0.64 Mil.
The historical rank and industry rank for Playgon Games's Equity-to-Asset or its related term are showing as below:
PLGNF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -56.15 Med: -0.04 Max: 0.98
Current: -47.97
During the past 13 years, the highest Equity to Asset Ratio of Playgon Games was 0.98. The lowest was -56.15. And the median was -0.04.
PLGNF's Equity-to-Asset is ranked worse than 99.77% of 857
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs PLGNF: -47.97
Playgon Games (OTCPK:PLGNF) 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%.
Playgon Games Equity-to-Asset Related Terms
Playgon Games Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Playgon Games'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.
PLGNF vs FLUT, DKNG, SGHC: Equity-to-Asset Comparison
For the Gambling subindustry, Playgon Games'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.
Playgon Games Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Playgon Games's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Playgon Games's Equity-to-Asset falls into.
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.
Playgon Games's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Playgon Games (PLGNF) has a Equity-to-Asset of -48.01 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Playgon Games and its competitors. According to the industry distribution chart, Playgon Games ranks #855 out of 857 companies in the Travel & Leisure industry, placing it in the top 99.8%.
Is Playgon Games' Equity-to-Asset too high?
Playgon Games' current Equity-to-Asset is -48.01. Based on the distribution chart, Playgon Games ranks #855 out of 857 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does Playgon Games' Equity-to-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Playgon Games ranks #855 out of 857 companies for Equity-to-Asset. This places Playgon Games in the lower half of its industry. The industry median Equity-to-Asset is 0.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Playgon Games and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Playgon Games's current Equity-to-Asset is -48.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Playgon Games stock overvalued right now?
Based on GuruFocus' analysis, Playgon Games (PLGNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.00 — trading 82.5% below its estimated fair value. The current Equity-to-Asset is -48.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Playgon Games (PLGNF), the current Equity-to-Asset is -48.01 as of Mar. 2026. 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.
Playgon Games Inc is a Business-to-Business (B2B) Software-as-a-Service (SaaS) technology provider focused on developing digital content for the growing iGaming Market. The company provides a multi-tenant gateway that allows online operators the ability to offer customers iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table games, and Daily Fantasy Sports. The firm's products are turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and database companies. The company generates Software as a service (SAAS) revenue from contracts with customers by providing them access to its Live Dealer Product.
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