Enthusiast Gaming Holdings Inc - Asset Resilience Ratio

Latest as of September 2023: 0.02%

Enthusiast Gaming Holdings Inc (EGLX) has an Asset Resilience Ratio of 0.02% 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. See how liquid is Enthusiast Gaming Holdings Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$50.00K
≈ $36.17K USD Cash + Short-term Investments

Total Assets

CA$268.68 Million
≈ $194.36 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Enthusiast Gaming Holdings Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Enthusiast Gaming Holdings Inc total assets.

Liquid Assets Composition Over Time

This chart breaks down Enthusiast Gaming Holdings Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore EGLX long-term investments to assets to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$50.00K 0.02%
Total Liquid Assets CA$50.00K 0.02%

Asset Resilience Insights

  • Limited Liquidity: Enthusiast Gaming Holdings Inc maintains only 0.02% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Enthusiast Gaming Holdings Inc Industry Peers by Asset Resilience Ratio

Compare Enthusiast Gaming Holdings Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Indiamart Intermesh Limited
NSE:INDIAMART
Internet Content & Information 68.93%
Meitu Inc
F:M5U
Internet Content & Information 14.55%
Xinhuanet Co Ltd
SHG:603888
Internet Content & Information 3.14%
Hemnet Group AB
ST:HEM
Internet Content & Information 1.03%
Ziprecruiter Inc
NYSE:ZIP
Internet Content & Information 34.72%
HomeToGo SE
F:HTG
Internet Content & Information 1.73%
REA Group Ltd
AU:REA
Internet Content & Information 12.53%
CAR Group Ltd
AU:CAR
Internet Content & Information 4.86%

Annual Asset Resilience Ratio for Enthusiast Gaming Holdings Inc (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Enthusiast Gaming Holdings Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% CA$0.00
≈ $0.00
CA$242.41 Million
≈ $175.35 Million
--
2022-12-31 0.04% CA$125.00K
≈ $90.42K
CA$341.44 Million
≈ $246.99 Million
+0.00pp
2021-12-31 0.03% CA$131.34K
≈ $95.01K
CA$387.78 Million
≈ $280.52 Million
-0.02pp
2020-12-31 0.06% CA$125.00K
≈ $90.42K
CA$222.32 Million
≈ $160.82 Million
-0.42pp
2019-12-31 0.48% CA$804.87K
≈ $582.23K
CA$169.34 Million
≈ $122.50 Million
--
pp = percentage points

About Enthusiast Gaming Holdings Inc

TO:EGLX Canada Internet Content & Information
Market Cap
$4.61 Million
CA$6.37 Million CAD
Market Cap Rank
#28834 Global
#1296 in Canada
Share Price
CA$0.04
Change (1 day)
+14.29%
52-Week Range
CA$0.03 - CA$0.08
All Time High
CA$10.87
About

Enthusiast Gaming Holdings Inc., an integrated gaming entertainment company, engages in media and content, esports and entertainment, and subscription businesses in the United States, Canada, England and Wales, and internationally. The company owns and operates websites that contain news, reviews, videos, and other video gaming related content, and casual games. It also operates Luminosity Gaming… Read more