Gaming Innovation Group Inc
Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. It operates through two segments, Platform Offering Front-End Services (Platform), and Affiliate Marketing (Media). The company operates casinos and sports betting sites; and… Read more
Gaming Innovation Group Inc - Asset Resilience Ratio
Gaming Innovation Group Inc (GIG) has an Asset Resilience Ratio of 3.58% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2019)
This chart shows how Gaming Innovation Group Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Gaming Innovation Group Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr7.99 Million | 3.58% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr7.99 Million | 3.58% |
Asset Resilience Insights
- Limited Liquidity: Gaming Innovation Group Inc maintains only 3.58% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Gaming Innovation Group Inc Industry Peers by Asset Resilience Ratio
Compare Gaming Innovation Group Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
RGB International Bhd
KLSE:0037 |
Gambling | 12.95% |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ |
Gambling | 0.00% |
|
Olympia Industries Bhd
KLSE:3018 |
Gambling | 1.07% |
|
Magnum Bhd
KLSE:3859 |
Gambling | 0.37% |
|
bet-at-home.com AG
F:ACX |
Gambling | 17.38% |
|
Apple iSports Group Inc
OTCQB:AAPI |
Gambling | 0.03% |
|
Accel Entertainment Inc
NYSE:ACEL |
Gambling | 1.82% |
|
PlayAGS Inc
NYSE:AGS |
Gambling | 0.61% |
Annual Asset Resilience Ratio for Gaming Innovation Group Inc (2011–2019)
The table below shows the annual Asset Resilience Ratio data for Gaming Innovation Group Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 1.90% | Nkr2.56 Million | Nkr135.09 Million | -2.59pp |
| 2018-12-31 | 4.49% | Nkr8.52 Million | Nkr190.03 Million | +1.66pp |
| 2011-12-31 | 2.83% | Nkr324.76K | Nkr11.48 Million | -- |