VIP Play, Inc.
VIP Play, Inc., operates as a mobile app and online-based technology company in Tennessee. The company operates a cloud-native technology platform that provides mobile sports betting, including modern sportsbook with differentiated wager types, sweepstakes contests, and socially integrated features designed to enhance player engagement. The company was formerly known as KeyStar Corp. and changed … Read more
VIP Play, Inc. (VIPZ) - Total Assets
Latest total assets as of December 2025: $3.88 Million USD
Based on the latest financial reports, VIP Play, Inc. (VIPZ) holds total assets worth $3.88 Million USD as of December 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.
VIP Play, Inc. - Total Assets Trend (2021–2025)
This chart illustrates how VIP Play, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VIP Play, Inc. - Asset Composition Analysis
Current Asset Composition (June 2025)
VIP Play, Inc.'s total assets of $3.88 Million consist of 76.3% current assets and 23.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.3% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $882.53K | 23.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how VIP Play, 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: VIP Play, Inc.'s current assets represent 76.3% of total assets in 2025, a decrease from 98.6% in 2021.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2025, down from 81.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 23.6% of total assets.
VIP Play, Inc. Competitors by Total Assets
Key competitors of VIP Play, 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 |
VIP Play, 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
Lower asset utilization - VIP Play, Inc. generates -0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - VIP Play, Inc. is currently not profitable relative to its asset base.
VIP Play, 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 | 0.09 | 0.04 | 0.10 |
| Quick Ratio | 0.09 | 0.04 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-28.32 Million | $ -23.92 Million | $ -13.34 Million |
VIP Play, Inc. - Advanced Valuation Insights
This section examines the relationship between VIP Play, 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 | 2.78 |
| Latest Market Cap to Assets Ratio | 4.04 |
| Asset Growth Rate (YoY) | -59.9% |
| Total Assets | $3.75 Million |
| Market Capitalization | $15.12 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values VIP Play, Inc.'s assets at a significant premium ( 4.04x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: VIP Play, Inc.'s assets decreased by 59.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for VIP Play, Inc. (2021–2025)
The table below shows the annual total assets of VIP Play, Inc. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $3.75 Million | -59.94% |
| 2024-06-30 | $9.35 Million | -38.90% |
| 2023-06-30 | $15.30 Million | +19564.26% |
| 2022-06-30 | $77.82K | -28.33% |
| 2021-06-30 | $108.57K | -- |