Rivalry Corp
Rivalry Corp., through its subsidiaries, operates as a sport betting and media property that offers regulated online wagering on esports, sports, and casino for bettors. It also offers develops and offers third-party casino products, such as Rushlane and Aviator. The company was incorporated in 2016 and is headquartered in Toronto, Canada.
Rivalry Corp (RVLCF) - Total Assets
Latest total assets as of June 2024: $6.12 Million USD
Based on the latest financial reports, Rivalry Corp (RVLCF) holds total assets worth $6.12 Million 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.
Rivalry Corp - Total Assets Trend (2020–2023)
This chart illustrates how Rivalry Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rivalry Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Rivalry Corp's total assets of $6.12 Million consist of 91.5% current assets and 8.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 69.9% |
| Accounts Receivable | $5.41K | 0.0% |
| 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 (2020–2023)
This chart illustrates how Rivalry Corp'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: Rivalry Corp's current assets represent 91.5% of total assets in 2023, a decrease from 91.8% in 2020.
- Cash Position: Cash and equivalents constituted 69.9% of total assets in 2023, up from 8.1% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Rivalry Corp Competitors by Total Assets
Key competitors of Rivalry Corp 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 |
Rivalry Corp - 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 - Rivalry Corp generates 1.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rivalry Corp is currently not profitable relative to its asset base.
Rivalry Corp - 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 | 1.21 | 3.85 | 11.94 |
| Quick Ratio | 1.21 | 3.85 | 11.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $846.34K | $ 10.70 Million | $ 6.41 Million |
Rivalry Corp - Advanced Valuation Insights
This section examines the relationship between Rivalry Corp'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 | 3.36 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -16.5% |
| Total Assets | $15.08 Million |
| Market Capitalization | $3.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rivalry Corp's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Rivalry Corp's assets decreased by 16.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Rivalry Corp (2020–2023)
The table below shows the annual total assets of Rivalry Corp from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $15.08 Million | -16.46% |
| 2022-12-31 | $18.06 Million | -55.37% |
| 2021-12-31 | $40.46 Million | +430.68% |
| 2020-12-31 | $7.62 Million | -- |