Good Gamer Entertainment Inc
Good Gamer Entertainment Inc. operates an online play-to-earn game discovery and entertainment platform in Canada and the United States. It operates through Display Advertisements, Non-Fungible Tokens (NFTs); Search Monetization; Chrome Extensions; Corporate and Development; Tournament Management Platform (TMP); PlayCash; and Fantasy app segments. The company operates an online esports skills-bas… Read more
Good Gamer Entertainment Inc (GGAMF) - Total Assets
Latest total assets as of June 2024: $383.93K USD
Based on the latest financial reports, Good Gamer Entertainment Inc (GGAMF) holds total assets worth $383.93K USD as of June 2024.
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.
Good Gamer Entertainment Inc - Total Assets Trend (2021–2024)
This chart illustrates how Good Gamer Entertainment Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Good Gamer Entertainment Inc - Asset Composition Analysis
Current Asset Composition (March 2024)
Good Gamer Entertainment Inc's total assets of $383.93K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.2% |
| Accounts Receivable | $11.34K | 3.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Good Gamer Entertainment Inc'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: Good Gamer Entertainment Inc's current assets represent 100.0% of total assets in 2024, an increase from 50.9% in 2021.
- Cash Position: Cash and equivalents constituted 14.2% of total assets in 2024, down from 30.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 48.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 3.5% of total assets.
Good Gamer Entertainment Inc Competitors by Total Assets
Key competitors of Good Gamer Entertainment Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Good Gamer Entertainment Inc - 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 - Good Gamer Entertainment Inc generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Good Gamer Entertainment Inc is currently not profitable relative to its asset base.
Good Gamer Entertainment Inc - 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 | 0.45 | 0.79 | 5.79 |
| Quick Ratio | 0.45 | 0.79 | 5.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-473.31K | $ -143.23K | $ 3.73 Million |
Good Gamer Entertainment Inc - Advanced Valuation Insights
This section examines the relationship between Good Gamer Entertainment Inc'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 | 2.87 |
| Latest Market Cap to Assets Ratio | 7.11 |
| Asset Growth Rate (YoY) | -45.7% |
| Total Assets | $324.01K |
| Market Capitalization | $2.30 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Good Gamer Entertainment Inc's assets at a significant premium ( 7.11x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Good Gamer Entertainment Inc's assets decreased by 45.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Good Gamer Entertainment Inc (2021–2024)
The table below shows the annual total assets of Good Gamer Entertainment Inc from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $324.01K | -45.75% |
| 2023-03-31 | $597.21K | -79.00% |
| 2022-03-31 | $2.84 Million | +10.08% |
| 2021-03-31 | $2.58 Million | -- |