LUKEF (Real Luck Group) Scaled Net Operating Assets: -0.71 (As of Sep. 2023)

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What is Real Luck Group Scaled Net Operating Assets?

Real Luck Group LUKEF -90.00% Scaled Net Operating Assets is -0.71 as of Sep. 2023.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Real Luck Group's operating assets for the quarter that ended in Sep. 2023 was $0.40 Mil. Real Luck Group's operating liabilities for the quarter that ended in Sep. 2023 was $2.42 Mil. Real Luck Group's Total Assets for the quarter that ended in Mar. 2023 was $2.84 Mil. Therefore, Real Luck Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.71.

Real Luck Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Real Luck Group's Scaled Net Operating Assets 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.

Real Luck Group Scaled Net Operating Assets Chart

Real Luck Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
-0.00 -0.19 -0.06 -0.01

Real Luck Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 -0.02 -0.18 -0.71

LUKEF vs DKNG, CHDN, LNW: Scaled Net Operating Assets Comparison

For the Gambling subindustry, Real Luck Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Real Luck Group Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Real Luck Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Real Luck Group's Scaled Net Operating Assets falls into.


Real Luck Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Real Luck Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(0.62-0.789)/11.816
=-0.01

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.088 - 4.468
=0.62

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.806 - 0.008 - 0.009
=0.789

Real Luck Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(0.398-2.416)/2.841
=-0.71

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.537 - 0.139
=0.398

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.416 - 0 - 0
=2.416

* 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.

What does a Scaled Net Operating Assets of -0.71 mean?
Real Luck Group (LUKEF) has a Scaled Net Operating Assets of -0.71 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Real Luck Group and its competitors.
Is Real Luck Group's Scaled Net Operating Assets too high?
Real Luck Group's current Scaled Net Operating Assets is -0.71.
How does Real Luck Group's Scaled Net Operating Assets compare to DKNG and CHDN?
Real Luck Group's Scaled Net Operating Assets of -0.71 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 Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Real Luck Group and its competitors. Real Luck Group's current Scaled Net Operating Assets is -0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Luck Group stock overvalued right now?
Real Luck Group (LUKEF) has a current Scaled Net Operating Assets of -0.71. The current Scaled Net Operating Assets is -0.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Real Luck Group (LUKEF), the current Scaled Net Operating Assets is -0.71 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.

Real Luck Group Business Description

Address 350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.