Kings Entertainment Group (FRA:L12) Total Current Assets: €4.29 Mil (As of Sep. 2023)


What is Kings Entertainment Group Total Current Assets?

Kings Entertainment Group FRA:L12 Total Current Assets is €4.29 Mil as of Sep. 2023.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kings Entertainment Group's total current assets for the quarter that ended in Sep. 2023 was €4.29 Mil.

Kings Entertainment Group  (FRA:L12) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Kings Entertainment Group's Liquidation Value for the quarter that ended in Sep. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.044-3.73+0.75 * 2.968+0.5 * 0
=-0.46

* 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.

Kings Entertainment Group Total Current Assets Related Terms

Kings Entertainment Group Total Current Assets Historical Data

* Premium members only.

The historical data trend for Kings Entertainment Group's Total Current 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.

Kings Entertainment Group Total Current Assets Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
Total Current Assets
1.30 8.20 3.62

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.03 3.62 4.35 3.06 4.29

Kings Entertainment Group Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Kings Entertainment Group's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.125+2.367+0+0.131
=3.62

Kings Entertainment Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.044+3.048+0+0.196
=4.29

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of €4.29 Mil mean?
Kings Entertainment Group (FRA:L12) has a Total Current Assets of €4.29 Mil as of Sep. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's Total Current Assets too high?
Kings Entertainment Group's current Total Current Assets is €4.29 Mil.
How does Kings Entertainment Group's Total Current Assets compare to DKNG and CHDN?
Kings Entertainment Group's Total Current Assets of €4.29 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 Current Assets for a Travel & Leisure company?
A good Total Current Assets depends on the Travel & Leisure industry context. However, Total Current 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 Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Kings Entertainment Group and its competitors. Kings Entertainment Group's current Total Current Assets is €4.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Entertainment Group stock overvalued right now?
Kings Entertainment Group (FRA:L12) has a current Total Current Assets of €4.29 Mil. The current Total Current Assets is €4.29 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Kings Entertainment Group (FRA:L12), the current Total Current Assets is €4.29 Mil 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.

Kings Entertainment Group Business Description

Address 1060 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 2E9
Kings Entertainment Group Inc is a business-to-consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world. The company operates through multiple established brands and websites, which include www.wintrillions.com, www.trillionaire.com, and www.LottoKings.com. In addition to the lottery services, it offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. The company has only one reportable segment, which is lottery procurement and online casino, and scratchcard. Geographically, it derives revenue from Mexico, Brazil, other Latin American countries, and other regions.