Esports Entertainment Group has the Financial Strength Rank of 4.
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.
Esports Entertainment Group has no long-term debt (1).
Esports Entertainment Group's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
As of today, Esports Entertainment Group's Altman Z-Score is -51.98.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison
For the Gambling subindustry, Esports Entertainment Group'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.
Esports Entertainment Group Financial Strength Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Esports Entertainment Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where Esports Entertainment Group's Financial Strength falls into.
Esports Entertainment Group 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:
Esports Entertainment Group's Interest Expense for the
months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Dec. 2023 was $-3.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
Esports Entertainment Group's Interest Coverage for the quarter that ended in Dec. 2023 is
| Esports Entertainment Group had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Esports Entertainment Group's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Esports Entertainment Group has a Z-score of -51.98, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -51.98 is in distress zone. This implies bankruptcy 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.
Esports Entertainment Group (Esports Entertainment Group) Business Description
Traded in Other Exchanges
N/A
Address
Block 6, Triq Paceville, St. Julians, Birkirkara, MLT, STJ 3109
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 |
Esports Entertainment Group (Esports Entertainment Group) Headlines
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