Elray Resources Inc
Elray Resources, Inc., a technology company, owns and licenses gaming intellectual property, gaming content, gaming domains, and trademarks in the United States and internationally. It provides marketing tools and CRM systems for online gaming operators. The company is based in Las Vegas, Nevada.
Elray Resources Inc (ELRA) - Total Assets
Latest total assets as of March 2025: $6.92 Million USD
Based on the latest financial reports, Elray Resources Inc (ELRA) holds total assets worth $6.92 Million USD as of March 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.
Elray Resources Inc - Total Assets Trend (2006–2024)
This chart illustrates how Elray Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elray Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Elray Resources Inc's total assets of $6.92 Million consist of 9.0% current assets and 91.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $361.81K | 3.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.32 Million | 13.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Elray Resources 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: Elray Resources Inc's current assets represent 9.0% of total assets in 2024, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 13.9% of total assets.
Elray Resources Inc Competitors by Total Assets
Key competitors of Elray Resources 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 |
Elray Resources 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 - Elray Resources Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Elray Resources Inc generates $ 28.92 in net profit.
Elray Resources 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 | 0.05 | 0.04 | 0.04 |
| Quick Ratio | 0.05 | 0.04 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.34 Million | $ -15.84 Million | $ -10.97 Million |
Elray Resources Inc - Advanced Valuation Insights
This section examines the relationship between Elray Resources 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 | 0.07 |
| Asset Growth Rate (YoY) | 987.7% |
| Total Assets | $9.45 Million |
| Market Capitalization | $651.36K USD |
Valuation Analysis
Below Book Valuation: The market values Elray Resources Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Elray Resources Inc's assets grew by 987.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Elray Resources Inc (2006–2024)
The table below shows the annual total assets of Elray Resources Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.45 Million | +987.68% |
| 2023-12-31 | $868.76K | -5.02% |
| 2022-12-31 | $914.70K | +207.88% |
| 2021-12-31 | $297.09K | -32.98% |
| 2020-12-31 | $443.29K | -27.44% |
| 2019-12-31 | $610.90K | +139.90% |
| 2017-12-31 | $254.65K | +179.92% |
| 2016-12-31 | $90.97K | -84.24% |
| 2015-12-31 | $577.18K | -78.71% |
| 2014-12-31 | $2.71 Million | +4567.30% |
| 2013-12-31 | $58.08K | +130.62% |
| 2012-12-31 | $25.19K | +50.26% |
| 2011-12-31 | $16.76K | -72.06% |
| 2010-12-31 | $60.00K | -32.58% |
| 2009-12-31 | $89.00K | -76.46% |
| 2008-12-31 | $378.00K | +692.69% |
| 2006-12-31 | $47.69K | -- |