Flutter Entertainment plc
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports … Read more
Flutter Entertainment plc (FLUT) - Total Assets
Latest total assets as of September 2024: $25.48 Billion USD
Based on the latest financial reports, Flutter Entertainment plc (FLUT) holds total assets worth $25.48 Billion USD as of September 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.
Flutter Entertainment plc - Total Assets Trend (2019–2023)
This chart illustrates how Flutter Entertainment plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flutter Entertainment plc - Asset Composition Analysis
Current Asset Composition (December 2023)
Flutter Entertainment plc's total assets of $25.48 Billion consist of 16.1% current assets and 83.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.2% |
| Accounts Receivable | $90.00 Million | 0.4% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.88 Billion | 23.9% |
| Goodwill | $13.74 Billion | 55.8% |
Asset Composition Trend (2019–2023)
This chart illustrates how Flutter Entertainment plc'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: Flutter Entertainment plc's current assets represent 16.1% of total assets in 2023, an increase from 6.7% in 2019.
- Cash Position: Cash and equivalents constituted 13.2% of total assets in 2023, up from 5.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 78.0% of total assets, an increase from 76.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 55.8% of total assets.
Flutter Entertainment plc Competitors by Total Assets
Key competitors of Flutter Entertainment plc 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 |
Flutter Entertainment plc - 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 - Flutter Entertainment plc generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Flutter Entertainment plc is currently not profitable relative to its asset base.
Flutter Entertainment plc - 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 | 0.89 | 0.88 | 0.86 |
| Quick Ratio | 0.88 | 0.88 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-540.00 Million | $ -450.81 Million | $ -650.00 Million |
Flutter Entertainment plc - Advanced Valuation Insights
This section examines the relationship between Flutter Entertainment plc'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 | 4.89 |
| Latest Market Cap to Assets Ratio | 1.39 |
| Asset Growth Rate (YoY) | -0.5% |
| Total Assets | $24.64 Billion |
| Market Capitalization | $34.35 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Flutter Entertainment plc's assets above their book value (1.39 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Flutter Entertainment plc's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Flutter Entertainment plc (2019–2023)
The table below shows the annual total assets of Flutter Entertainment plc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $24.64 Billion | -0.55% |
| 2022-12-31 | $24.77 Billion | +9.23% |
| 2021-12-31 | $22.68 Billion | -2.37% |
| 2020-12-31 | $23.23 Billion | +224.62% |
| 2019-12-31 | $7.16 Billion | -- |