Kindred Group plc
Kindred Group plc, together with its subsidiaries, operates an online gambling business in Europe, North America, and Australia. It operates through two segments, Kindred Group Excluding Relax Gaming; and Relax Gaming. The company offers sports betting, including horse racing; casino and games; and poker and other gambling products, such as bingo through various brands, such as the 32Red, Bingo.c… Read more
Kindred Group plc (KNDGF) - Total Assets
Latest total assets as of September 2024: $1.14 Billion USD
Based on the latest financial reports, Kindred Group plc (KNDGF) holds total assets worth $1.14 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.
Kindred Group plc - Total Assets Trend (2005–2023)
This chart illustrates how Kindred Group plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kindred Group plc - Asset Composition Analysis
Current Asset Composition (December 2023)
Kindred Group plc's total assets of $1.14 Billion consist of 31.2% current assets and 68.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.6% |
| Accounts Receivable | $2.90 Million | 0.3% |
| Inventory | $-2.90 Million | -0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $256.20 Million | 22.0% |
| Goodwill | $433.40 Million | 37.2% |
Asset Composition Trend (2005–2023)
This chart illustrates how Kindred Group 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: Kindred Group plc's current assets represent 31.2% of total assets in 2023, an increase from 27.3% in 2005.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2023, down from 23.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 59.0% of total assets, a decrease from 70.0% in 2005.
- Asset Diversification: The largest asset category is goodwill at 37.2% of total assets.
Kindred Group plc Competitors by Total Assets
Key competitors of Kindred Group 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 |
Kindred Group 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
Strong asset utilization - Kindred Group plc generates 1.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Kindred Group plc generates $ 3.99 in net profit.
Kindred Group 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 | 0.97 | 0.82 |
| Quick Ratio | 0.89 | 0.97 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-46.10 Million | $ -12.00 Million | $ -51.10 Million |
Kindred Group plc - Advanced Valuation Insights
This section examines the relationship between Kindred Group 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 | 3.66 |
| Latest Market Cap to Assets Ratio | 1.83 |
| Asset Growth Rate (YoY) | -4.7% |
| Total Assets | $1.16 Billion |
| Market Capitalization | $2.13 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Kindred Group plc's assets above their book value (1.83 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Kindred Group plc's assets decreased by 4.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Kindred Group plc (2005–2023)
The table below shows the annual total assets of Kindred Group plc from 2005 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.16 Billion | -4.65% |
| 2022-12-31 | $1.22 Billion | +0.30% |
| 2021-12-31 | $1.22 Billion | +22.69% |
| 2020-12-31 | $992.30 Million | +24.69% |
| 2019-12-31 | $795.80 Million | +5.29% |
| 2018-12-31 | $755.80 Million | +4.10% |
| 2017-12-31 | $726.00 Million | +60.90% |
| 2016-12-31 | $451.20 Million | +12.94% |
| 2015-12-31 | $399.50 Million | +38.52% |
| 2014-12-31 | $288.40 Million | -2.07% |
| 2013-12-31 | $294.48 Million | +5.05% |
| 2012-12-31 | $280.34 Million | +20.16% |
| 2011-12-31 | $233.31 Million | +6.84% |
| 2010-12-31 | $218.36 Million | +2.66% |
| 2009-12-31 | $212.72 Million | -6.45% |
| 2008-12-31 | $227.38 Million | +7.35% |
| 2007-12-31 | $211.81 Million | +61.31% |
| 2006-12-31 | $131.31 Million | +16.07% |
| 2005-12-31 | $113.12 Million | -- |