Fantasy Aces Daily Fantasy Sports Corp
On February 14, 2020, Fantasy Aces Daily Fantasy Sports Corp. went out of business as per its Chapter 7 liquidation filing under bankruptcy. Fantasy Aces Daily Fantasy Sports Corp., a digital entertainment company, focuses on providing fantasy sports games, social media, and advertising in the United States. It operates fantasyaces.com, a Website that offers sports contests for real money, which … Read more
Fantasy Aces Daily Fantasy Sports Corp (FASDF) - Total Assets
Latest total assets as of September 2016: $3.10 Million USD
Based on the latest financial reports, Fantasy Aces Daily Fantasy Sports Corp (FASDF) holds total assets worth $3.10 Million USD as of September 2016.
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.
Fantasy Aces Daily Fantasy Sports Corp - Total Assets Trend (1999–2015)
This chart illustrates how Fantasy Aces Daily Fantasy Sports Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fantasy Aces Daily Fantasy Sports Corp - Asset Composition Analysis
Current Asset Composition (December 2015)
Fantasy Aces Daily Fantasy Sports Corp's total assets of $3.10 Million consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $103.63K | 3.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $2.33K | 0.1% |
| Intangible Assets | $346.43K | 12.9% |
| Goodwill | $2.17 Million | 81.0% |
Asset Composition Trend (1999–2015)
This chart illustrates how Fantasy Aces Daily Fantasy Sports 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: Fantasy Aces Daily Fantasy Sports Corp's current assets represent 6.0% of total assets in 2015, an increase from 4.1% in 1999.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2015, up from 1.6% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 92.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is goodwill at 81.0% of total assets.
Fantasy Aces Daily Fantasy Sports Corp Competitors by Total Assets
Key competitors of Fantasy Aces Daily Fantasy Sports Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Fantasy Aces Daily Fantasy Sports 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
Moderate asset utilization - Fantasy Aces Daily Fantasy Sports Corp generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fantasy Aces Daily Fantasy Sports Corp is currently not profitable relative to its asset base.
Fantasy Aces Daily Fantasy Sports 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 | 0.22 | 3.05 | 3.09 |
| Quick Ratio | 0.22 | 3.05 | 3.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.23 Million | $ 3.19 Million | $ 3.62 Million |
Fantasy Aces Daily Fantasy Sports Corp - Advanced Valuation Insights
This section examines the relationship between Fantasy Aces Daily Fantasy Sports 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 971.5% |
| Total Assets | $2.68 Million |
| Market Capitalization | $840.00 USD |
Valuation Analysis
Below Book Valuation: The market values Fantasy Aces Daily Fantasy Sports Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Fantasy Aces Daily Fantasy Sports Corp's assets grew by 971.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Fantasy Aces Daily Fantasy Sports Corp (1999–2015)
The table below shows the annual total assets of Fantasy Aces Daily Fantasy Sports Corp from 1999 to 2015.
| Year | Total Assets | Change |
|---|---|---|
| 2015-12-31 | $2.68 Million | +971.51% |
| 2014-12-31 | $249.77K | -88.30% |
| 2013-12-31 | $2.13 Million | -33.59% |
| 2012-12-31 | $3.21 Million | -41.07% |
| 2011-12-31 | $5.45 Million | -56.73% |
| 2010-12-31 | $12.60 Million | +100.10% |
| 2009-12-31 | $6.30 Million | +82.41% |
| 2008-12-31 | $3.45 Million | +260.50% |
| 2007-12-31 | $957.72K | +22.02% |
| 2006-12-31 | $784.88K | +223.50% |
| 2005-12-31 | $242.62K | +220.31% |
| 2004-12-31 | $75.75K | -33.67% |
| 2003-12-31 | $114.20K | +7.01% |
| 2002-12-31 | $106.72K | -49.60% |
| 2001-12-31 | $211.74K | -90.68% |
| 2000-12-31 | $2.27 Million | +13.36% |
| 1999-12-31 | $2.00 Million | -- |