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SharpLink Gaming (FRA:771) Total Assets : €4.97 Mil (As of Mar. 2024)


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What is SharpLink Gaming Total Assets?

SharpLink Gaming's Total Assets for the quarter that ended in Mar. 2024 was €4.97 Mil.

During the past 12 months, SharpLink Gaming's average Total Assets Growth Rate was -95.60% per year. During the past 3 years, the average Total Assets Growth Rate was 234.60% per year.

During the past 5 years, SharpLink Gaming's highest 3-Year average Total Assets Growth Rate was 234.60%. The lowest was 234.60%. And the median was 234.60%.

Total Assets is connected with ROA %. SharpLink Gaming's annualized ROA % for the quarter that ended in Mar. 2024 was 129.24%. Total Assets is also linked to Revenue through Asset Turnover. SharpLink Gaming's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

SharpLink Gaming Total Assets Historical Data

The historical data trend for SharpLink Gaming's Total 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.

* Premium members only.

SharpLink Gaming Total Assets Chart

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
- 3.63 18.20 61.40 65.36

SharpLink Gaming Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total 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 56.10 55.30 79.39 65.36 4.97

SharpLink Gaming Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

SharpLink Gaming's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-8.62+73.984
=65.36

SharpLink Gaming's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=2.624+2.34
=4.96

* 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.

SharpLink Gaming  (FRA:771) Total Assets Explanation

Total Assets is connected with ROA %.

SharpLink Gaming's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=45.448/( (65.364+4.965)/ 2 )
=45.448/35.1645
=129.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

SharpLink Gaming's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.898/( (65.364+4.965)/ 2 )
=0.898/35.1645
=0.03

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

SharpLink Gaming Total Assets Related Terms

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SharpLink Gaming (FRA:771) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SharpLink Gaming Inc (FRA:771) » Definitions » Total Assets
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LTRY GMBL ELYS EBET BRVO GMER SPOZF DUB:FLTR OSTO:EVO ASX:ALL DKNG CHDN LSE:ENT LNW ASX:TLC ATH:OPAP XPAR:FDJ IGT MIL:LTMC TSE:6417
Traded in Other Exchanges
SBET:USA
Address
333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401
Website
https://www.sharplink.com
SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.

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