Kings Entertainment Group (FRA:L12) Total Stockholders Equity: €5.81 Mil (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Kings Entertainment Group Total Stockholders Equity?

Kings Entertainment Group FRA:L12 Total Stockholders Equity is €5.81 Mil as of Sep. 2023.

Kings Entertainment Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €5.81 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Kings Entertainment Group's Book Value per Share for the quarter that ended in Sep. 2023 was €0.04. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Kings Entertainment Group's Debt-to-Equity for the quarter that ended in Sep. 2023 was 0.00.

Kings Entertainment Group  (FRA:L12) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

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

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5.808-0)/134.599
=0.04

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Kings Entertainment Group's Debt-to-Equity for the quarter that ended in Sep. 2023 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 5.808
=0.00

* 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 Stockholders Equity Related Terms

Kings Entertainment Group Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Kings Entertainment Group's Total Stockholders Equity 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 Stockholders Equity Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
Total Stockholders Equity
0.33 5.73 1.50

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.78 1.50 2.05 1.63 5.81
What does a Total Stockholders Equity of €5.81 Mil mean?
Kings Entertainment Group (FRA:L12) has a Total Stockholders Equity of €5.81 Mil as of Sep. 2023. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's Total Stockholders Equity too high?
Kings Entertainment Group's current Total Stockholders Equity is €5.81 Mil.
How does Kings Entertainment Group's Total Stockholders Equity compare to DKNG and CHDN?
Kings Entertainment Group's Total Stockholders Equity of €5.81 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 Stockholders Equity for a Travel & Leisure company?
A good Total Stockholders Equity depends on the Travel & Leisure industry context. However, Total Stockholders Equity 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 Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Kings Entertainment Group and its competitors. Kings Entertainment Group's current Total Stockholders Equity is €5.81 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 Stockholders Equity of €5.81 Mil. The current Total Stockholders Equity is €5.81 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Kings Entertainment Group (FRA:L12), the current Total Stockholders Equity is €5.81 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.