What is Simplicity Esports and Gaming Co Financial Strength?
Simplicity Esports and Gaming Co has the Financial Strength Rank of 0.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Simplicity Esports and Gaming Co did not have earnings to cover the interest expense.
Simplicity Esports and Gaming Co's debt to revenue ratio for the quarter that ended in Feb. 2023 was 10.01.
As of today, Simplicity Esports and Gaming Co's Altman Z-Score is 0.00.
Competitive Comparison of Simplicity Esports and Gaming Co's Financial Strength
For the Electronic Gaming & Multimedia subindustry, Simplicity Esports and Gaming Co's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Simplicity Esports and Gaming Co's Financial Strength Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Simplicity Esports and Gaming Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Simplicity Esports and Gaming Co's Financial Strength falls into.
Simplicity Esports and Gaming Co Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Simplicity Esports and Gaming Co's Interest Expense for the
months ended in Feb. 2023 was $-0.48 Mil. Its Operating Income for the
months ended in Feb. 2023 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was $0.08 Mil.
Simplicity Esports and Gaming Co's Interest Coverage for the quarter that ended in Feb. 2023 is
| Simplicity Esports and Gaming Co did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Simplicity Esports and Gaming Co's Debt to Revenue Ratio for the quarter that ended in Feb. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Simplicity Esports and Gaming Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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.
Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Business Description
Traded in Other Exchanges
N/A
Address
7000 W. Palmetto Park Road, Suite 505, Boca Raton, FL, USA, 33433
Simplicity Esports and Gaming Co is a North American esports organization managing esports teams domestically and internationally. The company through its subsidiaries owns and manages professional esports teams competing in games such as Overwatch, Apex Legends, PUBG, and more. The company owns Corporate and Franchised Gaming Centers. The company reports in Four segments namely Franchise royalties and fees, which is the key revenue generator; Company-owned stores; Esports revenue; and Franchise deposit revenue.
Executives
| Beatrice Tarka |
director |
800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040 |
| Roman Nehemiah Franklin |
director, officer: President |
1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105 |
| Herrmann William H Jr |
director |
PO BOX 6, BRYN ATHYN PA 19009 |
| Jed Philip Kaplan |
director, officer: CEO and Interim CFO |
C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433 |
| Edward L Jaroski |
director |
5847 SAN FELIPE, SUITE 4100, HOUSTON TX 77057 |
| Nancy L. Hennessey |
officer: Chief Financial Officer |
7000, W. PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433 |
| Laila Cavalcanti Loss |
director |
7000W PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433 |
| Lau Knicks |
officer: Chief Financial Officer |
1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135 |
| Polar Asset Management Partners Inc. |
10 percent owner |
16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
| K2 Principal Fund, L.p. |
10 percent owner |
2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2 |
| K2 Genpar 2017 Inc. |
10 percent owner |
2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2 |
| Steven Michael Grossman |
officer: President of Subsidiary |
C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433 |
| Donald R Caldwell |
director |
5 RADNOR CORP CENTER STE 555, RADNOR PA 19087 |
| Max Wayne Hooper |
director |
1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105 |
| Frank Leavy |
director |
1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105 |
Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Headlines
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