PointsBet Holdings Limited
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading and Canada Trading segments. It also provides software development services and online sports betting, as well as support services for online sports betting and iGaming. The company was founded in 20… Read more
PointsBet Holdings Limited - Asset Resilience Ratio
PointsBet Holdings Limited (PBTHF) has an Asset Resilience Ratio of 45.80% as of December 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 (2019–2023)
This chart shows how PointsBet Holdings Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down PointsBet Holdings Limited'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 | $0.00 | 0% |
| Short-term Investments | $101.12 Million | 45.8% |
| Total Liquid Assets | $101.12 Million | 45.80% |
Asset Resilience Insights
- Very High Liquidity: PointsBet Holdings Limited maintains exceptional liquid asset reserves at 45.80% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
PointsBet Holdings Limited Industry Peers by Asset Resilience Ratio
Compare PointsBet Holdings Limited'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 PointsBet Holdings Limited (2019–2023)
The table below shows the annual Asset Resilience Ratio data for PointsBet Holdings Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 56.19% | $340.94 Million | $606.77 Million | +24.52pp |
| 2022-06-30 | 31.67% | $304.34 Million | $961.09 Million | -4.45pp |
| 2020-06-30 | 36.11% | $78.07 Million | $216.17 Million | +35.52pp |
| 2019-06-30 | 0.59% | $559.35K | $94.54 Million | -- |