Ebet Inc
EBET, Inc. develops and operates platforms to provide a real money online gambling experience focused on casino, sportsbook, and esports events in the United States. The company operates a portfolio of proprietary online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It also provides i-gaming, which include digital versions of wag… Read more
Ebet Inc (EBET) - Total Assets
Latest total assets as of March 2024: $14.55 Million USD
Based on the latest financial reports, Ebet Inc (EBET) holds total assets worth $14.55 Million USD as of March 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.
Ebet Inc - Total Assets Trend (2019–2023)
This chart illustrates how Ebet Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ebet Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Ebet Inc's total assets of $14.55 Million consist of 15.1% current assets and 84.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $643.25K | 4.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.70 Million | 24.5% |
| Goodwill | $8.96 Million | 59.3% |
Asset Composition Trend (2019–2023)
This chart illustrates how Ebet 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: Ebet Inc's current assets represent 15.1% of total assets in 2023, a decrease from 85.3% in 2019.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2023, down from 61.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 83.0% of total assets, an increase from 14.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 59.3% of total assets.
Ebet Inc Competitors by Total Assets
Key competitors of Ebet 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 |
Ebet 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 - Ebet Inc generates 2.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ebet Inc is currently not profitable relative to its asset base.
Ebet 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 | 0.03 | 0.22 | 0.39 |
| Quick Ratio | 0.03 | 0.22 | 0.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-67.96 Million | $ -23.42 Million | $ -133.62K |
Ebet Inc - Advanced Valuation Insights
This section examines the relationship between Ebet 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 | 0.29 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -78.1% |
| Total Assets | $15.10 Million |
| Market Capitalization | $3.00K USD |
Valuation Analysis
Below Book Valuation: The market values Ebet Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ebet Inc's assets decreased by 78.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ebet Inc (2019–2023)
The table below shows the annual total assets of Ebet Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $15.10 Million | -78.08% |
| 2022-09-30 | $68.90 Million | +389.96% |
| 2021-09-30 | $14.06 Million | +493.85% |
| 2020-09-30 | $2.37 Million | +2037.48% |
| 2019-09-30 | $110.78K | -- |