Gan Ltd Total Assets
Gan Ltd total assets. 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. Also see market value of Gan Ltd for the company's overall valuation and market capitalisation.
Total Assets of Gan Ltd (2012–2024)
Total assets of Gan Ltd from 2012 to 2024. This chart illustrates how Gan Ltd's total assets have evolved over time, based on quarterly financial data. See Gan Ltd stock price for real-time trading data and today's change.
Gan Ltd - Asset Composition Analysis
Gan Ltd Total Assets Breakdown (December 2024)
Gan Ltd total assets breakdown as of 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. Explore how liquid is Gan Ltd's working capital to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Kambi Group Plc
F:7KB
|
Germany | €196.40 Million |
|
Pointsbet Holdings Ltd
AU:PBH
|
Australia | AU$55.16 Million |
|
Aristocrat Leisure Ltd
AU:ALL
|
Australia | AU$10.39 Billion |
|
The Lottery Corporation Ltd
AU:TLC
|
Australia | AU$5.46 Billion |
|
Light & Wonder Inc
AU:LNW
|
Australia | AU$6.36 Billion |
|
Tabcorp Holdings Ltd
AU:TAH
|
Australia | AU$3.14 Billion |
|
Ainsworth Game Technology Ltd
AU:AGI
|
Australia | AU$436.16 Million |
|
Jumbo Interactive Ltd
AU:JIN
|
Australia | AU$359.82 Million |
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 | 1.19 |
| Asset Growth Rate (YoY) | -11.8% |
| Total Assets | $77.15 Million |
| Market Capitalization | $91.53 Million USD |
Valuation Analysis
Above Book Valuation: The market values Gan Ltd's assets above their book value (1.19x), 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 | -- |
About 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