Gan Ltd
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to iGaming and online sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company offers GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real money int… Read more
Gan Ltd (GAN) - Total Assets
Latest total assets as of March 2025: $75.16 Million USD
Based on the latest financial reports, Gan Ltd (GAN) holds total assets worth $75.16 Million USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Gan Ltd - Total Assets Trend (2012–2024)
This chart illustrates how Gan Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gan Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Gan Ltd's total assets of $75.16 Million consist of 68.5% current assets and 31.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 50.2% |
| Accounts Receivable | $7.04 Million | 9.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.82 Million | 11.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Gan Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gan Ltd's current assets represent 68.5% of total assets in 2024, an increase from 59.9% in 2012.
- Cash Position: Cash and equivalents constituted 50.2% of total assets in 2024, up from 31.9% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, a decrease from 12.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 11.4% of total assets.
Gan Ltd Competitors by Total Assets
Key competitors of Gan Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RGB International Bhd
KLSE:0037
|
Malaysia | RM624.78 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
Germany | €359.28 Billion |
|
Olympia Industries Bhd
KLSE:3018
|
Malaysia | RM547.13 Million |
|
Magnum Bhd
KLSE:3859
|
Malaysia | RM3.56 Billion |
|
bet-at-home.com AG
F:ACX
|
Germany | €52.41 Million |
|
Tiga Gaming Inc.
TWO:6536
|
Taiwan | NT$153.65 Million |
|
Apple iSports Group Inc
OTCQB:AAPI
|
USA | $360.30K |
|
Accel Entertainment Inc
NYSE:ACEL
|
USA | $1.13 Billion |
Gan Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Gan Ltd generates 1.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gan Ltd is currently not profitable relative to its asset base.
Gan Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.57 | 1.58 | 4.78 |
| Quick Ratio | 1.57 | 1.58 | 4.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $18.64 Million | $ 19.18 Million | $ 57.59 Million |
Gan Ltd - Advanced Valuation Insights
This section examines the relationship between Gan Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.42 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | -11.8% |
| Total Assets | $77.15 Million |
| Market Capitalization | $82.24 Million USD |
Valuation Analysis
Above Book Valuation: The market values Gan Ltd's assets above their book value (1.07 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Gan Ltd's assets decreased by 11.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Gan Ltd (2012–2024)
The table below shows the annual total assets of Gan Ltd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $77.15 Million | -11.84% |
| 2023-12-31 | $87.50 Million | -15.11% |
| 2022-12-31 | $103.08 Million | -60.49% |
| 2021-12-31 | $260.91 Million | +50.60% |
| 2020-12-31 | $173.25 Million | +563.47% |
| 2019-12-31 | $26.11 Million | +15.47% |
| 2018-12-31 | $22.61 Million | +30.33% |
| 2017-12-31 | $17.35 Million | -0.54% |
| 2016-12-31 | $17.44 Million | -14.06% |
| 2015-12-31 | $20.30 Million | -27.40% |
| 2014-12-31 | $27.96 Million | -22.02% |
| 2013-12-31 | $35.86 Million | +322.04% |
| 2012-12-31 | $8.50 Million | -- |