Concorde Gaming Corporation
Concorde Gaming Corporation, through its wholly owned subsidiaries, owns and operates casinos. It operates Golden Gates Casino and Golden Gulch Casino in Black Hawk, Colorado; and Casino Princesa, an offshore gaming vessel in Miami, Florida. The Golden Gates Casino offers blackjack tables and gaming machines. In addition, it provides liquor bar and nightly valet parking. Golden Gulch Casino offer… Read more
Concorde Gaming Corporation (CGAM) - Total Assets
Latest total assets as of December 2003: $25.76 Million USD
Based on the latest financial reports, Concorde Gaming Corporation (CGAM) holds total assets worth $25.76 Million USD as of December 2003.
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.
Concorde Gaming Corporation - Total Assets Trend (1997–2003)
This chart illustrates how Concorde Gaming Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Concorde Gaming Corporation - Asset Composition Analysis
Current Asset Composition (September 2003)
Concorde Gaming Corporation's total assets of $25.76 Million consist of 6.7% current assets and 93.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.9% |
| Accounts Receivable | $191.99K | 0.8% |
| Inventory | $39.91K | 0.2% |
| Property, Plant & Equipment | $21.47 Million | 84.0% |
| Intangible Assets | $232.92K | 0.9% |
| Goodwill | $404.38K | 1.6% |
Asset Composition Trend (1997–2003)
This chart illustrates how Concorde Gaming Corporation'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: Concorde Gaming Corporation's current assets represent 6.7% of total assets in 2003, a decrease from 31.6% in 1997.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2003, down from 19.7% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 17.0% in 1997.
- Asset Diversification: The largest asset category is property, plant & equipment at 84.0% of total assets.
Concorde Gaming Corporation Competitors by Total Assets
Key competitors of Concorde Gaming Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Tour Dev
KO:032350
|
Korea | ₩2.18 Trillion |
|
Paradise Co. Ltd
KQ:034230
|
Korea | ₩3.96 Trillion |
|
Kangwon Land
KO:035250
|
Korea | ₩4.63 Trillion |
|
Yong Pyong Resort Corp
KO:070960
|
Korea | ₩1.03 Trillion |
|
Grand Korea Leisure Co. Ltd
KO:114090
|
Korea | ₩648.49 Billion |
|
Inch Kenneth Kajang Rubber PLC
KLSE:2607
|
Malaysia | RM699.73 Million |
|
FarGlory Hotel Co Ltd
TW:2712
|
Taiwan | NT$1.68 Billion |
|
Chateau International Development Co Ltd
TW:2722
|
Taiwan | NT$3.59 Billion |
Concorde Gaming Corporation - 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 - Concorde Gaming Corporation generates 0.83x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Concorde Gaming Corporation is currently not profitable relative to its asset base.
Concorde Gaming Corporation - 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 | 0.27 | 0.23 | 1.23 |
| Quick Ratio | 0.26 | 0.22 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.35 Million | $ -7.87 Million | $ 581.49K |
Concorde Gaming Corporation - Advanced Valuation Insights
This section examines the relationship between Concorde Gaming Corporation'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 | 0.00 |
| Asset Growth Rate (YoY) | 7.7% |
| Total Assets | $25.55 Million |
| Market Capitalization | $0.91 USD |
Valuation Analysis
Below Book Valuation: The market values Concorde Gaming Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Concorde Gaming Corporation's assets grew by 7.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Concorde Gaming Corporation (1997–2003)
The table below shows the annual total assets of Concorde Gaming Corporation from 1997 to 2003.
| Year | Total Assets | Change |
|---|---|---|
| 2003-09-30 | $25.55 Million | +7.71% |
| 2002-09-30 | $23.72 Million | +45.58% |
| 2001-09-30 | $16.30 Million | -1.99% |
| 2000-09-30 | $16.63 Million | -6.03% |
| 1999-09-30 | $17.70 Million | +16.13% |
| 1998-09-30 | $15.24 Million | +120.62% |
| 1997-09-30 | $6.91 Million | -- |