Gaming Technologies Inc. Common Stock (GMGT) - Net Assets
Based on the latest financial reports, Gaming Technologies Inc. Common Stock (GMGT) has net assets worth $-4.47 Million USD as of March 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($703.81K) and total liabilities ($5.17 Million). 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. Check how tangible is Gaming Technologies Inc. Common Stock's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-4.47 Million |
| % of Total Assets | -634.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 316.46 |
Gaming Technologies Inc. Common Stock - Net Assets Trend (2018–2022)
This chart illustrates how Gaming Technologies Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. See Gaming Technologies Inc. Common Stock liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gaming Technologies Inc. Common Stock (2018–2022)
The table below shows the annual net assets of Gaming Technologies Inc. Common Stock from 2018 to 2022. For live valuation and market cap data, see GMGT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $-4.47 Million | -126.46% |
| 2021-12-31 | $-1.97 Million | -223.69% |
| 2020-12-31 | $1.59 Million | +409.23% |
| 2019-12-31 | $313.20K | +547.45% |
| 2018-12-31 | $-70.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gaming Technologies Inc. Common Stock'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 2712108400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $45.70K | % |
| Other Comprehensive Income | $-12.38K | % |
| Other Components | $22.74 Million | % |
| Total Equity | $-4.47 Million | 100.00% |
Gaming Technologies Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Gaming Technologies Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GLOB.HEALTH CLINICS O.N.
F:L00
|
$27.45K |
|
Sonder Holdings Inc
NASDAQ:SOND
|
$27.95K |
|
WICKET GAMING AB
F:7Q4
|
$28.23K |
|
Alina Holdings PLC
LSE:ALNA
|
$28.65K |
|
Kiatnakin Phatra Bank Public Company Limited
F:KIFF
|
$26.68K |
|
FAT Brands Inc
NASDAQ:FATBW
|
$26.59K |
|
Botswana Diamonds plc
LSE:BOD
|
$26.24K |
|
Hsin Yung Chien Co Ltd
TW:2114
|
$26.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gaming Technologies Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -1,972,722 to -4,467,332, a change of -2,494,610.
- Net loss of 4,299,860 reduced equity.
- New share issuances of 905,150 increased equity.
- Other comprehensive income increased equity by 43,628.
- Other factors increased equity by 856,472.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.30 Million | -96.25% |
| Share Issuances | $905.15K | +20.26% |
| Other Comprehensive Income | $43.63K | +0.98% |
| Other Changes | $856.47K | +19.17% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Gaming Technologies Inc. Common Stock'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-0.32 | $0.00 | x |
| 2019-12-31 | $0.01 | $0.00 | x |
| 2020-12-31 | $0.06 | $0.00 | x |
| 2021-12-31 | $-0.06 | $0.00 | x |
| 2022-12-31 | $-0.14 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gaming Technologies Inc. Common Stock 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4182.09%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-131.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-111.34K |
| 2019 | -205.61% | 0.00% | 0.00x | 1.72x | $-675.31K |
| 2020 | -452.17% | 0.00% | 0.00x | 1.29x | $-7.37 Million |
| 2021 | 0.00% | -7681.97% | 0.24x | 0.00x | $-12.70 Million |
| 2022 | 0.00% | -4182.09% | 0.15x | 0.00x | $-3.85 Million |
Industry Comparison
This section compares Gaming Technologies Inc. Common Stock's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $82,883,139
- Average return on equity (ROE) among peers: 15.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gaming Technologies Inc. Common Stock (GMGT) | $-4.47 Million | 0.00% | N/A | $27.42K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| CTW Cayman Class A Ordinary Shares (CTW) | $27.65 Million | 13.85% | 0.84x | $123.98 Million |
| Doubledown Interactive Co Ltd (DDI) | $727.89 Million | 13.88% | 0.10x | $444.00 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $934.99K | 117.31% | 1.39x | $7.99 Million |
| Electronic Arts Inc (EA) | $32.50 Million | 18.46% | 0.44x | $50.92 Billion |
| GCL Global Holdings Ltd Ordinary Shares (GCL) | $17.32 Million | 11.47% | 1.76x | $55.17 Million |
| GD Culture Group Limited (GDC) | $57.25 Million | -47.11% | 0.32x | $6.07 Million |
| GDEV Inc. (GDEV) | $-99.81 Million | 0.00% | 0.00x | $230.51 Million |
| Giga Media Ltd (GIGM) | $58.17 Million | -5.49% | 0.06x | $15.25 Million |
| Golden Matrix Group Inc (GMGI) | $-21.94K | 0.00% | 0.00x | $8.05 Million |
About Gaming Technologies Inc. Common Stock
Gaming Technologies, Inc., a software company, engages in online gaming business in Mexico. It operates vale.mx, an online casino and sportsbook; and provides consulting and management services related to their interactive online betting and gaming business. The company was formerly known as Dito, Inc. and changed its name to Gaming Technologies, Inc. in December 2020. Gaming Technologies, Inc. w… Read more