KINGS ENTERTAINMENT GROUP (L12) - Net Assets

Latest as of : €- EUR ≈ $- USD

Based on the latest financial reports, KINGS ENTERTAINMENT GROUP (L12) has net assets worth €- EUR (≈ $- USD) as of . Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€- ≈ $- USD) and total liabilities (€- ≈ $- USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See KINGS ENTERTAINMENT GROUP (L12) balance sheet quality index to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric Value
Current Net Assets €-
% of Total Assets 0%
Annual Growth Rate -75.54%
5-Year Change N/A
10-Year Change N/A
Growth Volatility N/A

KINGS ENTERTAINMENT GROUP - Net Assets Trend (2021–2022)

This chart illustrates how KINGS ENTERTAINMENT GROUP's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see L12 company net worth.

Annual Net Assets for KINGS ENTERTAINMENT GROUP (2021–2022)

The table below shows the annual net assets of KINGS ENTERTAINMENT GROUP from 2021 to 2022. Also explore L12 net asset momentum to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2022-12-31 €1.58 Million
≈ $1.85 Million
-75.52%
2021-12-31 €6.47 Million
≈ $7.57 Million
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Equity Component Analysis

This analysis shows how different components contribute to KINGS ENTERTAINMENT GROUP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 667357800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Other Components €17.28 Million 1090.45%
Total Equity €1.58 Million 100.00%

KINGS ENTERTAINMENT GROUP Competitors by Market Cap

The table below lists competitors of KINGS ENTERTAINMENT GROUP ranked by their market capitalization.

Company Market Cap
Altech Batteries Ltd
AU:ATC
$1.89 Million
Jaguar Animal Health Inc
NASDAQ:JAGX
$1.89 Million
Filament Health Corp
NEO:FH
$1.89 Million
Starbreeze AB (publ)
ST:STAR-A
$1.90 Million
Therma Bright Inc
V:THRM
$1.89 Million
Vault Strategic Mining Corp.
V:KNOX
$1.89 Million
Prostemics Co. Ltd
KQ:203690
$1.88 Million
Savannah Resources Plc
LSE:SAV
$1.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in KINGS ENTERTAINMENT GROUP's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 6,473,983 to 1,584,845, a change of -4,889,138 (-75.5%).
  • Net loss of 6,673,578 reduced equity.
  • Other factors increased equity by 1,784,440.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income €-6.67 Million -421.09%
Other Changes €1.78 Million +112.59%
Total Change €- -75.52%

Book Value vs Market Value Analysis

This analysis compares KINGS ENTERTAINMENT GROUP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.52x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has increased from 0.13x to 0.52x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 €0.09 €0.01 x
2022-12-31 €0.02 €0.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently KINGS ENTERTAINMENT GROUP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -421.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -157.26%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 2.70x
  • Recent ROE (-421.09%) is below the historical average (-280.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 -139.27% -154.38% 0.62x 1.45x €-9.66 Million
2022 -421.09% -157.26% 0.99x 2.70x €-6.83 Million

Industry Comparison

This section compares KINGS ENTERTAINMENT GROUP's net assets metrics with peer companies in the Gambling industry.

Industry Context

  • Industry: Gambling
  • Average net assets among peers: $13,849,280,700
  • Average return on equity (ROE) among peers: -7.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
KINGS ENTERTAINMENT GROUP (L12) €- -139.27% N/A $1.89 Million
ANGLER GAMING PLC EO -01 (0QM) $8.96 Million 50.59% 0.54x $20.25 Million
B90 HOLDINGS PLC (24GN) $2.96 Million -144.10% 1.40x $3.53 Million
DYNAM JAPAN HOLDINGS Co. Ltd (2DJ) $130.98 Billion 3.82% 1.24x $260.37 Million
ENTAIN PLC UNSP.ADR/1 (6GI0) $3.17 Billion 7.87% 1.29x $4.42 Billion
FUTURE GAMING GRP INTL AB (6L50) $56.16 Million 55.45% 2.25x $18.28 Million
GAMBLING.COM GRP ON (6WH) $79.91 Million 15.58% 0.14x $55.46 Million
Kambi Group Plc (7KB) $98.02 Million 24.54% 0.39x $345.83 Million
bet-at-home.com AG (ACX) $22.99 Million -19.36% 1.29x $21.40 Million
888 Holdings plc (C8V) $67.10 Million -97.17% 39.95x $245.77 Million
Evolution Gaming Group AB (publ) (E3G) $4.01 Billion 26.73% 0.24x $13.86 Billion

About KINGS ENTERTAINMENT GROUP

F:L12 Germany Gambling
Market Cap
$1.89 Million
€1.62 Million EUR
Market Cap Rank
#30174 Global
#2619 in Germany
Share Price
€0.01
Change (1 day)
+0.00%
52-Week Range
€0.01 - €0.01
All Time High
€0.30
About

Kings Entertainment Group Inc. provides online lottery and casino style gaming services. It also offers lottery subscriptions and browser-based casino games. The company offers its services under the LottoKings, Trillionaire, and WinTrillions brand names. Kings Entertainment Group Inc. is headquartered in Vancouver, Canada.