NSBBF
NorthStar Gaming Holdings Inc., through its subsidiaries, engages in sports betting and online casino gaming business in Canada. It also offers managed services. In addition, the company owns and operates NorthStar Bets, a casino and sportsbook gaming platform. NorthStar Gaming Holdings Inc. is headquartered in Toronto, Canada.
NSBBF (NSBBF) - Net Assets
Latest net assets as of September 2025: $-38.16 Million USD
Based on the latest financial reports, NSBBF (NSBBF) has net assets worth $-38.16 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.32 Million) and total liabilities ($56.48 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-38.16 Million |
| % of Total Assets | -208.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NSBBF - Net Assets Trend (2021–2024)
This chart illustrates how NSBBF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NSBBF (2021–2024)
The table below shows the annual net assets of NSBBF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-25.36 Million | -211.53% |
| 2023-12-31 | $-8.14 Million | +47.64% |
| 2022-12-31 | $-15.55 Million | -6009.25% |
| 2021-12-31 | $263.06K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NSBBF'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 5905937100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $34.35 Million | % |
| Total Equity | $-25.36 Million | 100.00% |
NSBBF Competitors by Market Cap
The table below lists competitors of NSBBF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CASI Pharmaceuticals Inc
NASDAQ:CASI
|
$2.26 Million |
|
Generation Gold Corp.
V:GEN
|
$2.26 Million |
|
OLB Group Inc
NASDAQ:OLB
|
$2.26 Million |
|
TOR Minerals International Inc
PINK:TORM
|
$2.27 Million |
|
Era Mandiri Cemerlang Tbk PT
JK:IKAN
|
$2.26 Million |
|
Anik Industries Limited
NSE:ANIKINDS
|
$2.26 Million |
|
Noronex Ltd
AU:NRX
|
$2.26 Million |
|
Carmell Therapeutics Corporation
NASDAQ:CTCX
|
$2.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NSBBF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -8,139,966 to -25,358,493, a change of -17,218,527.
- Net loss of 19,011,072 reduced equity.
- Other factors increased equity by 1,792,545.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.01 Million | -74.97% |
| Other Changes | $1.79 Million | +7.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares NSBBF'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 |
|---|---|---|---|
| 2021-12-31 | $0.00 | $0.04 | x |
| 2022-12-31 | $-0.10 | $0.04 | x |
| 2023-12-31 | $-0.04 | $0.04 | x |
| 2024-12-31 | $-0.12 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NSBBF 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: -64.32%
- • Asset Turnover: 3.16x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 0.00% | -164.00% | 0.48x | 0.00x | $-12.03 Million |
| 2023 | 0.00% | -145.35% | 1.45x | 0.00x | $-26.58 Million |
| 2024 | 0.00% | -64.32% | 3.16x | 0.00x | $-16.48 Million |
Industry Comparison
This section compares NSBBF's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $801,162,083
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NSBBF (NSBBF) | $-38.16 Million | 0.00% | N/A | $2.26 Million |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |
| Betsson AB (publ) (BTSNY) | $759.20 Million | 23.35% | 0.58x | $1.39 Billion |