Motorsport Gaming Us LLC (MSGM) - Net Assets
Based on the latest financial reports, Motorsport Gaming Us LLC (MSGM) has net assets worth $8.56 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.88 Million) and total liabilities ($5.32 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 tangible equity quality of Motorsport Gaming Us LLC to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.56 Million |
| % of Total Assets | 61.65% |
| Annual Growth Rate | -2.98% |
| 5-Year Change | -80.04% |
| 10-Year Change | N/A |
| Growth Volatility | 796.45 |
Motorsport Gaming Us LLC - Net Assets Trend (2018–2025)
This chart illustrates how Motorsport Gaming Us LLC's net assets have evolved over time, based on quarterly financial data. See MSGM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Motorsport Gaming Us LLC (2018–2025)
The table below shows the annual net assets of Motorsport Gaming Us LLC from 2018 to 2025. For live valuation and market cap data, see how much is Motorsport Gaming Us LLC worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.58 Million | +518.37% |
| 2024-12-31 | $1.23 Million | -41.33% |
| 2023-12-31 | $2.09 Million | +9.79% |
| 2022-12-31 | $1.90 Million | -94.99% |
| 2021-12-31 | $37.98 Million | +2250.62% |
| 2020-12-31 | $1.62 Million | -55.26% |
| 2019-12-31 | $3.61 Million | -61.44% |
| 2018-12-31 | $9.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Motorsport Gaming Us LLC'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 17079.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $644.00 | 0.01% |
| Other Comprehensive Income | $-3.58 Million | -52.79% |
| Other Components | $95.21 Million | 1405.22% |
| Total Equity | $6.78 Million | 100.00% |
Motorsport Gaming Us LLC Competitors by Market Cap
The table below lists competitors of Motorsport Gaming Us LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Efficient E Solutions Bhd
KLSE:0064
|
$16.28 Million |
|
Tips Films Limited
NSE:TIPSFILMS
|
$16.28 Million |
|
Caspar
WAR:CSR
|
$16.28 Million |
|
Ruchi Infrastructure Limited
NSE:RUCHINFRA
|
$16.29 Million |
|
Green Packet Bhd
KLSE:0082
|
$16.28 Million |
|
TPC Co. Ltd
KQ:130740
|
$16.28 Million |
|
Scan Inter PCL
BK:SCN
|
$16.27 Million |
|
Safestore Holdings Plc
LSE:SAFE
|
$16.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motorsport Gaming Us LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 496,258 to 6,775,682, a change of 6,279,424 (1265.4%).
- Net income of 6,928,067 contributed positively to equity growth.
- New share issuances of 2,349,811 increased equity.
- Other comprehensive income decreased equity by 2,902,186.
- Other factors decreased equity by 96,268.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.93 Million | +102.25% |
| Share Issuances | $2.35 Million | +34.68% |
| Other Comprehensive Income | $-2.90 Million | -42.83% |
| Other Changes | $-96.27K | -1.42% |
| Total Change | $- | 1265.35% |
Book Value vs Market Value Analysis
This analysis compares Motorsport Gaming Us LLC'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: 2.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.62x to 2.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.29 | $3.90 | x |
| 2019-12-31 | $-1.76 | $3.90 | x |
| 2020-12-31 | $-1.00 | $3.90 | x |
| 2021-12-31 | $31.51 | $3.90 | x |
| 2022-12-31 | $1.31 | $3.90 | x |
| 2023-12-31 | $0.40 | $3.90 | x |
| 2024-12-31 | $0.17 | $3.90 | x |
| 2025-12-31 | $1.40 | $3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motorsport Gaming Us LLC 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): 102.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 61.32%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.77x
- Recent ROE (102.25%) is above the historical average (-584.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -402.29% | -13.63% | 0.94x | 31.35x | $-2.06 Million |
| 2019 | 0.00% | -30.08% | 0.93x | 0.00x | $-3.26 Million |
| 2020 | 0.00% | -9.22% | 1.10x | 0.00x | $-1.65 Million |
| 2021 | -90.31% | -219.97% | 0.30x | 1.38x | $-36.83 Million |
| 2022 | -2346.65% | -348.59% | 0.55x | 12.32x | $-36.14 Million |
| 2023 | -1381.98% | -207.29% | 0.71x | 9.42x | $-14.43 Million |
| 2024 | -554.74% | -31.69% | 1.39x | 12.63x | $-2.80 Million |
| 2025 | 102.25% | 61.32% | 0.94x | 1.77x | $6.25 Million |
Industry Comparison
This section compares Motorsport Gaming Us LLC's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $16,583,011
- Average return on equity (ROE) among peers: 3.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motorsport Gaming Us LLC (MSGM) | $8.56 Million | -402.29% | 0.62x | $16.28 Million |
| Blue Hat Interactive Entertainment (BHAT) | $21.81 Million | 23.50% | 0.54x | $1.57K |
| CTW Cayman Class A Ordinary Shares (CTW) | $-672.00 Million | 0.00% | 0.00x | $139.61 Million |
| Doubledown Interactive Co Ltd (DDI) | $380.67 Million | 9.54% | 1.14x | $444.00 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $-2.85 Million | 0.00% | 0.00x | $7.99 Million |
| Electronic Arts Inc (EA) | $389.20 Million | 13.18% | 0.33x | $50.91 Billion |
| GCL Global Holdings Ltd Ordinary Shares (GCL) | $17.32 Million | 11.47% | 1.76x | $55.17 Million |
| GD Culture Group Limited (GDC) | $10.03 Million | -5.40% | 4.01x | $1.71 Million |
| GDEV Inc. (GDEV) | $-101.91 Million | 0.00% | 0.00x | $225.07 Million |
| Giga Media Ltd (GIGM) | $93.76 Million | -15.20% | 0.28x | $15.47 Million |
| Golden Matrix Group Inc (GMGI) | $29.80 Million | 0.15% | 0.09x | $8.05 Million |
About Motorsport Gaming Us LLC
Motorsport Games Inc. develops and publishes racing video games for personal computers in the United States. The company operates through Gaming and Esports segments. It provides rFactor 2, a realistic racing simulation game; KartKraft, a kart racing simulator; and Le Mans Ultimate, an official game of the FIA World Endurance Championship and 24 Hours of Le Mans. The company also organizes and fa… Read more