KINGS ENTERTAINMENT GROUP Net Assets
KINGS ENTERTAINMENT GROUP net assets. 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. Also explore KINGS ENTERTAINMENT GROUP net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of KINGS ENTERTAINMENT GROUP (2021–2022)
Net assets of KINGS ENTERTAINMENT GROUP from 2021 to 2022. This chart illustrates how KINGS ENTERTAINMENT GROUP's net assets have evolved over time, based on quarterly financial data. See KINGS ENTERTAINMENT GROUP (L12) balance sheet quality index to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see L12 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €1.58 Million ≈ $1.85 Million |
-75.52% |
| 2021-12-31 | €6.47 Million ≈ $7.57 Million |
-- |
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.
KINGS ENTERTAINMENT GROUP Net Assets Breakdown (December 2022)
KINGS ENTERTAINMENT GROUP net assets breakdown by equity component as of 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 |
|
ORIGEN RESOURCES INC. NEW
F:4VXA
|
$1.89 Million |
|
Lifeclean International AB
ST:LCLEAN
|
$1.89 Million |
|
Ximen Mining Corp
V:XIM
|
$1.89 Million |
|
Prostemics Co. Ltd
KQ:203690
|
$1.88 Million |
|
Resource Base Ltd
AU:RBX
|
$1.87 Million |
|
Somero Enterprise Inc
LSE:SOM
|
$1.87 Million |
|
Northern Lion Gold Corp
V:NL
|
$1.87 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: $13,714,944,113
- Average return on equity (ROE) among peers: 5.87%
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) | $7.13 Million | 30.00% | 0.93x | $20.25 Million |
| B90 HOLDINGS PLC (24GN) | $6.62 Million | -25.72% | 0.23x | $3.53 Million |
| DYNAM JAPAN HOLDINGS Co. Ltd (2DJ) | $131.34 Billion | 3.05% | 1.66x | $260.37 Million |
| ENTAIN PLC UNSP.ADR/1 (6GI0) | $1.33 Billion | -50.16% | 6.07x | $4.42 Billion |
| FUTURE GAMING GRP INTL AB (6L50) | $25.10 Million | 88.07% | 6.86x | $17.32 Million |
| GAMBLING.COM GRP ON (6WH) | $87.11 Million | 2.74% | 0.59x | $41.43 Million |
| Kambi Group Plc (7KB) | $71.74 Million | 14.56% | 0.40x | $345.83 Million |
| bet-at-home.com AG (ACX) | $50.89 Million | 45.77% | 0.87x | $20.59 Million |
| 888 Holdings plc (C8V) | $159.20 Million | -75.69% | 17.54x | $245.77 Million |
| Evolution Gaming Group AB (publ) (E3G) | $4.08 Billion | 26.05% | 0.35x | $13.86 Billion |
About KINGS ENTERTAINMENT GROUP
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.