Game Chest Group (NGM:GAMEC) Total Assets : kr6.40 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Game Chest Group Total Assets?

Game Chest Group's Total Assets for the quarter that ended in Sep. 2024 was kr6.40 Mil.

During the past 12 months, Game Chest Group's average Total Assets Growth Rate was -9.80% per year. During the past 3 years, the average Total Assets Growth Rate was -32.80% per year. During the past 5 years, the average Total Assets Growth Rate was -12.30% per year.

During the past 7 years, Game Chest Group's highest 3-Year average Total Assets Growth Rate was 14.50%. The lowest was -32.80%. And the median was -4.15%.

Total Assets is connected with ROA %. Game Chest Group's annualized ROA % for the quarter that ended in Sep. 2024 was -20.14%. Total Assets is also linked to Revenue through Asset Turnover. Game Chest Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.25.

Game Chest Group Total Assets Historical Data

The historical data trend for Game Chest 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.

* Premium members only.

Game Chest Group Total Assets Chart

Game Chest Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

16.68

10.89

7.14

12.25

7.78

Game Chest Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															7.33	7.78	7.51	6.66	6.40

Game Chest 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.

Game Chest Group'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 )
	=	6.329	+	1.449
	=	7.78

Game Chest Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	4.96	+	1.443
	=	6.40

Game Chest Group (NGM:GAMEC) Total Assets Explanation

Total Assets is connected with ROA %.

Game Chest Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-1.316	/	( (6.663	+	6.404)	/ 2 )
	=	-1.316	/	6.5335
	=	-20.14 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Game Chest Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	1.642	/	( (6.663	+	6.404)	/ 2 )
=	1.642	/	6.5335
=	0.25

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.

Game Chest Group Total Assets Related Terms

Thank you for viewing the detailed overview of Game Chest Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Game Chest Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Game Chest Group (NGM:GAMEC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stockholm County, Stockholm, SWE

Website

https://www.gamechestgroup.se

Game Chest Group is engaged in the development, sales, and publishing of electronic games. The company's brands are GameThrill.io, and uCrate LTD.

Game Chest Group Headlines

No Headlines