KeyStar Corp
KeyStar Corp. engages in the online sports betting business in the United States. It operates an online sports betting platform and a mobile app under the ZenSports name, that offers a sports book, peer-to-peer betting, eSports wagering, loyalty, and player retention. The company was incorporated in 2020 and is headquartered in Miami, Florida.
KeyStar Corp (KEYR) - Total Assets
Latest total assets as of June 2024: $9.35 Million USD
Based on the latest financial reports, KeyStar Corp (KEYR) holds total assets worth $9.35 Million USD as of June 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.
KeyStar Corp - Total Assets Trend (2020–2024)
This chart illustrates how KeyStar Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
KeyStar Corp - Asset Composition Analysis
Current Asset Composition (June 2024)
KeyStar Corp's total assets of $9.35 Million consist of 13.3% current assets and 86.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.76 Million | 72.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how KeyStar 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: KeyStar Corp's current assets represent 13.3% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, down from 45.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 72.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 72.3% of total assets.
KeyStar Corp Competitors by Total Assets
Key competitors of KeyStar Corp 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 |
KeyStar 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
Lower asset utilization - KeyStar Corp generates -0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - KeyStar Corp is currently not profitable relative to its asset base.
KeyStar 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 | 0.06 | 0.10 | 0.78 |
| Quick Ratio | 0.06 | 0.10 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-20.78 Million | $ -13.34 Million | $ -24.18K |
KeyStar Corp - Advanced Valuation Insights
This section examines the relationship between KeyStar 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 | 2.78 |
| Latest Market Cap to Assets Ratio | 1.60 |
| Asset Growth Rate (YoY) | -38.9% |
| Total Assets | $9.35 Million |
| Market Capitalization | $14.95 Million USD |
Valuation Analysis
Above Book Valuation: The market values KeyStar Corp's assets above their book value (1.60 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: KeyStar Corp's assets decreased by 38.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for KeyStar Corp (2020–2024)
The table below shows the annual total assets of KeyStar Corp from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | $9.35 Million | -38.90% |
| 2023-06-30 | $15.30 Million | +19564.26% |
| 2022-06-30 | $77.82K | -28.33% |
| 2021-06-30 | $108.57K | +30.02% |
| 2020-06-30 | $83.51K | -- |