GMBL (Esports Entertainment Group) Total Assets: $4.64 Mil (As of Mar. 2024)


GMBL Esports Entertainment Group Inc GMBL
12 GF Score
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What is Esports Entertainment Group Total Assets?

Esports Entertainment Group GMBL 12 Total Assets is $4.64 Mil as of Mar. 2024. GuruFocus rates GMBL with a GF Score™ of 12/100.

Esports Entertainment Group's Total Assets for the quarter that ended in Mar. 2024 was $4.64 Mil.

Total Assets is connected with ROA %. Esports Entertainment Group's annualized ROA % for the quarter that ended in Mar. 2024 was -185.70%. Total Assets is also linked to Revenue through Asset Turnover. Esports Entertainment Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.28.

Esports Entertainment Group  (OTCPK:GMBL) Total Assets Explanation

Total Assets is connected with ROA %.

Esports Entertainment Group'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 )
=-11.372/( (7.604+4.644)/ 2 )
=-11.372/6.124
=-185.70 %

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.

Esports Entertainment Group'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 )
=1.723/( (7.604+4.644)/ 2 )
=1.723/6.124
=0.28

* 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.

Esports Entertainment Group Total Assets Related Terms

Esports Entertainment Group Total Assets Historical Data

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The historical data trend for Esports Entertainment Group'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.

Esports Entertainment Group Total Assets Chart

Esports Entertainment Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 13.13 119.74 64.86 22.10

Esports Entertainment Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.44 22.10 18.89 7.60 4.64
GMBL
12GF Score
Esports Entertainment Group Inc GMBL
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Esports Entertainment Group 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.

Esports Entertainment Group's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=4.796+17.305
=22.10

Esports Entertainment Group'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 )
=-19.575+24.219
=4.64

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $4.64 Mil mean?
Esports Entertainment Group (GMBL) has a Total Assets of $4.64 Mil as of Mar. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Esports Entertainment Group and its competitors.
Is Esports Entertainment Group's Total Assets too high?
Esports Entertainment Group's current Total Assets is $4.64 Mil. Overall, Esports Entertainment Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Esports Entertainment Group's Total Assets compare to FUNFF and EBET?
Esports Entertainment Group's Total Assets of $4.64 Mil 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 Total Assets for a Travel & Leisure company?
A good Total Assets depends on the Travel & Leisure industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Esports Entertainment Group and its competitors. Esports Entertainment Group's current Total Assets is $4.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esports Entertainment Group stock overvalued right now?
Esports Entertainment Group (GMBL) has a current Total Assets of $4.64 Mil. The current Total Assets is $4.64 Mil. Esports Entertainment Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Esports Entertainment Group (GMBL), the current Total Assets is $4.64 Mil as of Mar. 2024. 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.

Esports Entertainment Group Business Description

Address Psaila Street, No. 170, Pater House, Level 1, suite A308, Birkirkara, MLT, BKR 9077
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. EEG iGaming includes a number of award-winning brands covering traditional online sports book wagering needs as well as a multinational casino operator.
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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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