Esports Entertainment Group (Esports Entertainment Group) Equity-to-Asset : -0.65 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Esports Entertainment Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Esports Entertainment Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.92 Mil. Esports Entertainment Group's Total Assets for the quarter that ended in Dec. 2023 was $7.60 Mil. Therefore, Esports Entertainment Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.65.

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

GMBL' s Equity-to-Asset Range Over the Past 10 Years
Min: -87.84 Med: 0.4 Max: 0.91
Current: -0.65

During the past 13 years, the highest Equity to Asset Ratio of Esports Entertainment Group was 0.91. The lowest was -87.84. And the median was 0.40.

GMBL's Equity-to-Asset is ranked worse than
97.14% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs GMBL: -0.65

Esports Entertainment Group Equity-to-Asset Historical Data

The historical data trend for Esports Entertainment Group'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.

Esports Entertainment Group Equity-to-Asset Chart

Esports Entertainment Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

-8.88

0.87

0.63

-0.06

0.58

Esports Entertainment Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-0.41	-0.23	0.58	0.45	-0.65

Competitive Comparison of Esports Entertainment Group's Equity-to-Asset

For the Gambling subindustry, Esports Entertainment Group'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.

Esports Entertainment Group's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

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

Esports Entertainment Group 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.

Esports Entertainment Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	12.88	/	22.101
	=	0.58

Esports Entertainment Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-4.915	/	7.604
	=	-0.65

Esports Entertainment Group (OTCPK:GMBL) 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%.

Esports Entertainment Group Equity-to-Asset Related Terms

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

Esports Entertainment Group (Esports Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Esports Entertainment Group Inc (OTCPK:GMBL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 6, Triq Paceville, St. Julians, Birkirkara, MLT, STJ 3109

Website

https://www.esportsentertainmentgroup.com

Esports Entertainment Group Inc is a full-service esports and online betting company. It focuses on three verticals: Games, iGaming, and Technology. EEG Games provides a wide array of services and infrastructure for businesses to engage esports and gaming communities around the world including Esports Gaming League (EGL), which hosts a community of more than 350,000 gamers on its proprietary tournament platform EGL.tv. EEG iGaming includes a number of award-winning brands covering traditional online sports book wagering needs as well as a multinational casino operator.

Executives

Robert Soper	director	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Michael J Villani	officer: Interim CFO and Controller	84 FESTIVAL CT., WHITE PLAINS NY 10603
Alex Igelman	officer: Chief Executive Officer	800 STEELES AVE W, SUITE B10245, THORNHILL A6 L4J 7L2
Jennifer Shera Pace	officer: Chief People Officer	FLAT 6, BLOCK D, IL-PJAZZA,, BIRBAL STREET, BALZAN O1 BZN9015
Grant Johnson	director, 10 percent owner, officer: Pres./Sec./Treas.	C/O SWISS MEDICA, 53 YONGE STREET, TORONTO A6 A1 M5E 1J3
Lydia Roy	officer: Secretary	9595 HIGHLAND POINTE PASS, DELRAY BEACH FL 33446
Mark Andrew Nielsen	director, officer: Director	5271 E SAGEWOOD DRIVE, BOISE ID 83716
Lefevre Adrien	officer: Chief Compliance Officer	170, PATER HOUSE,, LEVEL 1, PSAILA STREET, BIRKIRKARA O1 9077
Stuart James Tilly	officer: Chief Legal Officer	170 PATER HOUSE,, PSAILA STREET, BIRKIRKARA O1 BKR 9077
Warwick Winston Bartlett	director	ROSE COTTAGE,, 28 BOWLING GREEN ROAD, CASTLETOWN Y8 IM9 1EB
Daniel Michael Marks	officer: Chief Financial Officer	170 PETER HOUSE, PSAILA STREET, BIRKIKARA O1 BKR 9077
Damian Mathews	director	170 PETER HOUSE, PSAILA STREET, BIRKIRKARA O1 BRK 9077
James S Cardwell	officer: Interim CFO	CLINTON SQUARE, 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
John Clyde Brackens	officer: Chief Information Officer	66 EASTVILLE AVE, EASTVILLE SUBDIVISION, FILINVEST EAST HOMES, CAINTA, RIZAL R6 1900
Shawn Erickson	10 percent owner	280 NELSON STREET, SUITE 448, VANCOUVER A1 V6E 2E2