Galaxy Gaming Inc
Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and b… Read more
Galaxy Gaming Inc (GLXZ) - Total Assets
Latest total assets as of September 2025: $26.40 Million USD
Based on the latest financial reports, Galaxy Gaming Inc (GLXZ) holds total assets worth $26.40 Million USD as of September 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.
Galaxy Gaming Inc - Total Assets Trend (2014–2024)
This chart illustrates how Galaxy Gaming Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Galaxy Gaming Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Galaxy Gaming Inc's total assets of $26.40 Million consist of 58.9% current assets and 41.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.2% |
| Accounts Receivable | $4.72 Million | 11.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $11.44 Million | 27.9% |
| Goodwill | $1.09 Million | 2.7% |
Asset Composition Trend (2014–2024)
This chart illustrates how Galaxy Gaming 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: Galaxy Gaming Inc's current assets represent 58.9% of total assets in 2024, an increase from 15.1% in 2014.
- Cash Position: Cash and equivalents constituted 44.2% of total assets in 2024, up from 2.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 29.0% of total assets, a decrease from 80.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 27.9% of total assets.
Galaxy Gaming Inc Competitors by Total Assets
Key competitors of Galaxy Gaming Inc 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 |
Galaxy Gaming 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 - Galaxy Gaming Inc generates 0.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Galaxy Gaming Inc is currently not profitable relative to its asset base.
Galaxy Gaming 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 | 1.28 | 3.51 | 2.75 |
| Quick Ratio | 1.28 | 3.51 | 2.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.20 Million | $ 17.77 Million | $ 7.36 Million |
Galaxy Gaming Inc - Advanced Valuation Insights
This section examines the relationship between Galaxy Gaming 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 | - |
| Latest Market Cap to Assets Ratio | 1.38 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | $41.01 Million |
| Market Capitalization | $56.42 Million USD |
Valuation Analysis
Above Book Valuation: The market values Galaxy Gaming Inc's assets above their book value (1.38 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Galaxy Gaming Inc's assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Galaxy Gaming Inc (2014–2024)
The table below shows the annual total assets of Galaxy Gaming Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $41.01 Million | +1.32% |
| 2023-12-31 | $40.48 Million | -3.65% |
| 2022-12-31 | $42.01 Million | +3.85% |
| 2021-12-31 | $40.45 Million | +32.31% |
| 2020-12-31 | $30.57 Million | +27.48% |
| 2019-12-31 | $23.98 Million | +13.16% |
| 2018-12-31 | $21.19 Million | +10.88% |
| 2017-12-31 | $19.11 Million | +0.54% |
| 2016-12-31 | $19.01 Million | +3.99% |
| 2015-12-31 | $18.28 Million | -6.21% |
| 2014-12-31 | $19.49 Million | -- |