Brightstar Lottery PLC (BRSL) - Net Assets
Based on the latest financial reports, Brightstar Lottery PLC (BRSL) has net assets worth $1.35 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.29 Billion) and total liabilities ($7.93 Billion). 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. Read BRSL total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.35 Billion |
| % of Total Assets | 14.58% |
| Annual Growth Rate | 7.19% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.99 |
Brightstar Lottery PLC - Net Assets Trend (2020–2024)
This chart illustrates how Brightstar Lottery PLC's net assets have evolved over time, based on quarterly financial data. Also explore how large is Brightstar Lottery PLC's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Brightstar Lottery PLC (2020–2024)
The table below shows the annual net assets of Brightstar Lottery PLC from 2020 to 2024. For live valuation and market cap data, see BRSL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.06 Billion | +5.53% |
| 2023-12-31 | $1.95 Billion | -1.31% |
| 2022-12-31 | $1.98 Billion | +0.41% |
| 2021-12-31 | $1.97 Billion | +26.25% |
| 2020-12-31 | $1.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brightstar Lottery PLC'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 grown by 126048400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.00 Million | 1.27% |
| Other Comprehensive Income | $516.00 Million | 31.23% |
| Other Components | $1.77 Billion | 107.45% |
| Total Equity | $1.65 Billion | 100.00% |
Brightstar Lottery PLC Competitors by Market Cap
The table below lists competitors of Brightstar Lottery PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DHT Holdings Inc
NYSE:DHT
|
$2.56 Billion |
|
Eaglerise Electric & Electronic China Co Ltd Class A
SHE:002922
|
$2.56 Billion |
|
AstraZeneca PLC
LSE:AZN
|
$2.56 Billion |
|
TP ICAP GROUP PLC LS -25
F:8D7
|
$2.56 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
$2.56 Billion |
|
Watsco Inc
NYSE:WSO-B
|
$2.55 Billion |
|
Inter & Co. Inc. Class A Common Shares
NASDAQ:INTR
|
$2.55 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
$2.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brightstar Lottery PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,443,000,000 to 1,652,000,000, a change of 209,000,000 (14.5%).
- Net income of 348,000,000 contributed positively to equity growth.
- Dividend payments of 161,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,000,000.
- Other factors increased equity by 27,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $348.00 Million | +21.07% |
| Dividends Paid | $161.00 Million | -9.75% |
| Other Comprehensive Income | $-5.00 Million | -0.3% |
| Other Changes | $27.00 Million | +1.63% |
| Total Change | $- | 14.48% |
Book Value vs Market Value Analysis
This analysis compares Brightstar Lottery PLC'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: 1.56x
- 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 3.34x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $3.79 | $12.66 | x |
| 2021-12-31 | $6.20 | $12.66 | x |
| 2022-12-31 | $7.03 | $12.66 | x |
| 2023-12-31 | $7.11 | $12.66 | x |
| 2024-12-31 | $8.10 | $12.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brightstar Lottery PLC 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): 21.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.85%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 6.22x
- Recent ROE (21.07%) is above the historical average (-5.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -115.60% | -28.82% | 0.24x | 16.73x | $-975.56 Million |
| 2021 | 37.60% | 11.79% | 0.36x | 8.83x | $353.80 Million |
| 2022 | 19.24% | 10.59% | 0.25x | 7.30x | $132.10 Million |
| 2023 | 10.81% | 6.17% | 0.24x | 7.25x | $11.70 Million |
| 2024 | 21.07% | 13.85% | 0.24x | 6.22x | $182.80 Million |
Industry Comparison
This section compares Brightstar Lottery PLC's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $332,428,778
- Average return on equity (ROE) among peers: 8.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brightstar Lottery PLC (BRSL) | $1.35 Billion | -115.60% | 5.86x | $2.56 Billion |
| Accel Entertainment Inc (ACEL) | $127.87 Million | -10.15% | 3.66x | $927.42 Million |
| PlayAGS Inc (AGS) | $112.73 Million | 45.81% | 5.29x | $518.40 Million |
| Codere Online US Corp (CDRO) | $24.22 Million | 16.14% | 2.08x | $247.83 Million |
| Churchill Downs Incorporated (CHDN) | $65.20 Million | 16.10% | 0.76x | $5.86 Billion |
| DraftKings Inc (DKNG) | $-185.23 Million | 0.00% | 0.00x | $11.03 Billion |
| Everi Holdings Inc (EVRI) | $217.64 Million | 55.36% | 7.81x | $1.24 Billion |
| Gambling.com Group Ltd (GAMB) | $118.92 Million | 15.35% | 0.30x | $129.06 Million |
| Gan Ltd (GAN) | $155.56 Million | -13.00% | 0.11x | $91.53 Million |
| International Game Technology PLC (IGT) | $2.35 Billion | -45.38% | 5.44x | $3.31 Billion |
About Brightstar Lottery PLC
Brightstar Lottery PLC provides lottery solutions in the United States, Italy, rest of Europe, and internationally. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; operates lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant … Read more