Global Gaming Technologies Corp
Global Gaming Technologies Corp., a gaming industry holding company, engages in the eSports, mobile and console games, and digital interactive entertainment businesses. It publishes mobile games; offers St. Noire, a cinematic board game; and provides Gamesquare, a video game API solution that enables electronic sports games, as well as operates eSports betting platform. The company was formerly k… Read more
Global Gaming Technologies Corp (BLKCF) - Net Assets
Latest net assets as of July 2019: $13.12 Million USD
Based on the latest financial reports, Global Gaming Technologies Corp (BLKCF) has net assets worth $13.12 Million USD as of July 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.87 Million) and total liabilities ($5.75 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 | $13.12 Million |
| % of Total Assets | 69.53% |
| Annual Growth Rate | -5.72% |
| 5-Year Change | 3861.21% |
| 10-Year Change | 270.51% |
| Growth Volatility | 453.48 |
Global Gaming Technologies Corp - Net Assets Trend (2000–2019)
This chart illustrates how Global Gaming Technologies Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Gaming Technologies Corp (2000–2019)
The table below shows the annual net assets of Global Gaming Technologies Corp from 2000 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-04-30 | $12.57 Million | +34.70% |
| 2018-04-30 | $9.34 Million | +1877.96% |
| 2017-04-30 | $471.96K | +562.37% |
| 2016-04-30 | $-102.08K | -132.16% |
| 2015-04-30 | $317.44K | -35.39% |
| 2014-04-30 | $491.34K | +132.51% |
| 2013-04-30 | $211.32K | -74.99% |
| 2012-04-30 | $844.91K | -66.07% |
| 2011-04-30 | $2.49 Million | -26.63% |
| 2010-04-30 | $3.39 Million | +50.64% |
| 2009-04-30 | $2.25 Million | +611.33% |
| 2008-04-30 | $316.72K | -97.25% |
| 2007-04-30 | $11.52 Million | -1.69% |
| 2006-04-30 | $11.72 Million | -20.76% |
| 2005-04-30 | $14.79 Million | -11.89% |
| 2004-04-30 | $16.78 Million | -16.67% |
| 2003-04-30 | $20.14 Million | -10.44% |
| 2002-04-30 | $22.48 Million | -37.27% |
| 2001-04-30 | $35.84 Million | -6.83% |
| 2000-04-30 | $38.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Gaming Technologies Corp'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 2715.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $132.69 Million | 1055.26% |
| Other Comprehensive Income | $19.07 Million | 151.63% |
| Total Equity | $12.57 Million | 100.00% |
Global Gaming Technologies Corp Competitors by Market Cap
The table below lists competitors of Global Gaming Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imed Infinity Medical-Limited Partnership
TA:IMED
|
$12.22K |
|
Simteract S.A.
WAR:SMT
|
$12.24K |
|
Lake Superior Acquisition Corp. Rights
NASDAQ:LKSPR
|
$12.25K |
|
XINYI GLASS HLDGS (XI9.SG)
STU:XI9
|
$12.26K |
|
Genesis Healthcare Inc
PINK:GENN
|
$12.22K |
|
UR-ENERGY
MU:U9T
|
$12.21K |
|
Bebop Channel Corp
PINK:BBOP
|
$12.21K |
|
Fastbase Inc
PINK:FBSE
|
$12.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Gaming Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 9,335,260 to 12,574,438, a change of 3,239,178 (34.7%).
- Net loss of 8,965,659 reduced equity.
- New share issuances of 2,500,000 increased equity.
- Other comprehensive income decreased equity by 2,815,970.
- Other factors increased equity by 12,520,807.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.97 Million | -71.3% |
| Share Issuances | $2.50 Million | +19.88% |
| Other Comprehensive Income | $-2.82 Million | -22.39% |
| Other Changes | $12.52 Million | +99.57% |
| Total Change | $- | 34.70% |
Book Value vs Market Value Analysis
This analysis compares Global Gaming Technologies Corp'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-04-30 | $75097633.33 | $0.00 | x |
| 2010-04-30 | $8.37 | $0.00 | x |
| 2011-04-30 | $6.04 | $0.00 | x |
| 2012-04-30 | $2.05 | $0.00 | x |
| 2013-04-30 | $0.52 | $0.00 | x |
| 2014-04-30 | $1.18 | $0.00 | x |
| 2015-04-30 | $0.74 | $0.00 | x |
| 2016-04-30 | $-0.22 | $0.00 | x |
| 2017-04-30 | $0.88 | $0.00 | x |
| 2018-04-30 | $0.83 | $0.00 | x |
| 2019-04-30 | $0.22 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Gaming Technologies Corp 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): -71.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.24x
- • Equity Multiplier: 1.54x
- Recent ROE (-71.30%) is above the historical average (-91.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.00x | 1.04x | $-3.85 Million |
| 2001 | 0.00% | 0.00% | 0.00x | 1.08x | $-3.58 Million |
| 2002 | 0.00% | 0.00% | 0.00x | 1.21x | $-2.25 Million |
| 2003 | 0.00% | 0.00% | 0.26x | 1.16x | $-2.01 Million |
| 2004 | 0.00% | 0.00% | 0.11x | 1.13x | $-1.68 Million |
| 2005 | 0.00% | 0.00% | 0.12x | 1.14x | $-1.48 Million |
| 2006 | 0.00% | 0.00% | 0.03x | 1.29x | $-1.17 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 1.53x | $-1.15 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 26.54x | $-31.67K |
| 2009 | -24.96% | -283.80% | 0.06x | 1.50x | $-787.59K |
| 2010 | -79.50% | 0.00% | 0.00x | 1.30x | $-3.04 Million |
| 2011 | -39.82% | 0.00% | 0.00x | 1.24x | $-1.24 Million |
| 2012 | -98.20% | 0.00% | 0.00x | 1.47x | $-914.16K |
| 2013 | -305.98% | 0.00% | 0.00x | 2.28x | $-667.73K |
| 2014 | 50.07% | 57.00% | 0.55x | 1.59x | $196.89K |
| 2015 | -73.00% | 0.00% | -0.27x | 1.89x | $-263.49K |
| 2016 | 0.00% | 0.00% | -3.11x | 0.00x | $-414.31K |
| 2017 | -163.75% | 0.00% | -0.06x | 1.20x | $-820.06K |
| 2018 | -1017.01% | 0.00% | 0.00x | 1.66x | $-95.87 Million |
| 2019 | -71.30% | 0.00% | -0.24x | 1.54x | $-10.22 Million |
Industry Comparison
This section compares Global Gaming Technologies Corp's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,681,748,786
- Average return on equity (ROE) among peers: -82.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Gaming Technologies Corp (BLKCF) | $13.12 Million | 0.00% | 0.44x | $12.22K |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |