Simplicity Esports and Gaming Co
Simplicity Esports and Gaming Company operates as an esports company in the United States and India. The company owns and operates games and entertainment centers, as well as e-sports gaming centers. It offers an interactive and fun experience to customers at its centers; blending augmented reality, virtual reality, and other games; indoor entertainment; and food and beverage options to corporate… Read more
Simplicity Esports and Gaming Co (WINR) - Net Assets
Latest net assets as of February 2023: $-9.29 Million USD
Based on the latest financial reports, Simplicity Esports and Gaming Co (WINR) has net assets worth $-9.29 Million USD as of February 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($281.94K) and total liabilities ($9.57 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 | $-9.29 Million |
| % of Total Assets | -3293.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | -107.5% |
| 10-Year Change | N/A |
| Growth Volatility | 84323.13 |
Simplicity Esports and Gaming Co - Net Assets Trend (2017–2022)
This chart illustrates how Simplicity Esports and Gaming Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Simplicity Esports and Gaming Co (2017–2022)
The table below shows the annual net assets of Simplicity Esports and Gaming Co from 2017 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-05-31 | $-3.85 Million | -183.78% |
| 2021-05-31 | $4.59 Million | -6.62% |
| 2020-05-31 | $4.92 Million | -16.23% |
| 2019-05-31 | $5.87 Million | -88.56% |
| 2018-05-31 | $51.29 Million | +210733.96% |
| 2017-05-31 | $24.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Simplicity Esports and Gaming Co'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 2983777200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $182.00 | % |
| Other Comprehensive Income | $57.70K | % |
| Other Components | $26.01 Million | % |
| Total Equity | $-3.77 Million | 100.00% |
Simplicity Esports and Gaming Co Competitors by Market Cap
The table below lists competitors of Simplicity Esports and Gaming Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maple Leaf Cement Factory Ltd
KAR:MLCF
|
$2.84K |
|
DigiPlus Interactive Corp.
PSE:PLUS
|
$2.84K |
|
Well Chip Group Berhad
KLSE:5325
|
$2.84K |
|
Sweden BuyersClub AB
ST:BUY
|
$2.85K |
|
CTSA4F
SA:CTSA4F
|
$2.84K |
|
DIGITAL CHINA
BE:DIN
|
$2.83K |
|
John Keells PLC
CM:JKLN0000
|
$2.82K |
|
Auxilia SA
WAR:AUX
|
$2.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simplicity Esports and Gaming Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 4,417,005 to -3,766,541, a change of -8,183,546 (-185.3%).
- Net loss of 17,546,545 reduced equity.
- Other comprehensive income increased equity by 57,700.
- Other factors increased equity by 9,305,299.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.55 Million | -465.85% |
| Other Comprehensive Income | $57.70K | +1.53% |
| Other Changes | $9.31 Million | +247.05% |
| Total Change | $- | -185.27% |
Book Value vs Market Value Analysis
This analysis compares Simplicity Esports and Gaming Co'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 |
|---|---|---|---|
| 2017-05-31 | $0.13 | $0.00 | x |
| 2018-05-31 | $200.09 | $0.00 | x |
| 2019-05-31 | $13.16 | $0.00 | x |
| 2020-05-31 | $5.11 | $0.00 | x |
| 2021-05-31 | $3.55 | $0.00 | x |
| 2022-05-31 | $-2.37 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simplicity Esports and Gaming Co 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: -493.90%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-42.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.75% | 0.00% | 0.00x | 2.26x | $-3.10K |
| 2018 | -0.02% | 0.00% | 0.00x | 1.04x | $-5.14 Million |
| 2019 | -60.76% | -9383.53% | 0.00x | 1.32x | $-4.15 Million |
| 2020 | -53.77% | -308.18% | 0.10x | 1.74x | $-3.15 Million |
| 2021 | -138.03% | -392.86% | 0.15x | 2.31x | $-6.54 Million |
| 2022 | 0.00% | -493.90% | 0.93x | 0.00x | $-17.17 Million |
Industry Comparison
This section compares Simplicity Esports and Gaming Co's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $16,153,902,976
- Average return on equity (ROE) among peers: -11.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Simplicity Esports and Gaming Co (WINR) | $-9.29 Million | -2.75% | N/A | $2.84K |
| Alliance Media Holdings Inc (ADTR) | $-5.41 Million | 0.00% | 0.00x | $0.96 |
| Alpha Esports Tech Inc (APETF) | $-559.60K | 0.00% | 0.00x | $1.22K |
| Atlantis Internet Group Corp (ATIG) | $-2.25 Million | 0.00% | 0.00x | $1.89 |
| Kuuhubb Inc (BCDMF) | $1.64 Million | -199.83% | 0.36x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $814.29K | 54.39% | 5.15x | $1.57K |
| i3 Interactive Inc (BLITF) | $-1.85 Million | 0.00% | 0.00x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $35.84 Million | 0.00% | 0.08x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $161.13 Billion | 22.80% | 0.35x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $380.67 Million | 9.54% | 1.14x | $6.96 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $-2.85 Million | 0.00% | 0.00x | $2.81 Million |