RiskOn International Inc.
RiskOn International, Inc., through its subsidiaries, owns and operates online gaming platform in the United States. The company owns and operates bitnile.com metaverse platform, a social networking community that allows users to purchase digital and physical products while playing 2D and 3D immersive games. It also offers 3D and 2D sweepstakes gaming, a diverse selection of visually engaging 3D … Read more
RiskOn International Inc. (ROII) - Total Assets
Latest total assets as of March 2024: $10.67 Million USD
Based on the latest financial reports, RiskOn International Inc. (ROII) holds total assets worth $10.67 Million USD as of March 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.
RiskOn International Inc. - Total Assets Trend (2016–2023)
This chart illustrates how RiskOn International Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RiskOn International Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
RiskOn International Inc.'s total assets of $10.67 Million consist of 73.2% current assets and 26.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $7.74K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.97 Million | 18.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how RiskOn International 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: RiskOn International Inc.'s current assets represent 73.2% of total assets in 2023, an increase from 65.1% in 2016.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2023, down from 26.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 18.5% of total assets.
RiskOn International Inc. Competitors by Total Assets
Key competitors of RiskOn International Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
RiskOn International 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 - RiskOn International Inc. generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - RiskOn International Inc. is currently not profitable relative to its asset base.
RiskOn International 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 | 0.22 | 0.32 | 0.55 |
| Quick Ratio | 0.22 | 0.32 | 0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-27.88 Million | $ -25.10 Million | $ -8.73 Million |
RiskOn International Inc. - Advanced Valuation Insights
This section examines the relationship between RiskOn International 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 | 0.00 |
| Asset Growth Rate (YoY) | -55.1% |
| Total Assets | $10.67 Million |
| Market Capitalization | $3.27K USD |
Valuation Analysis
Below Book Valuation: The market values RiskOn International Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: RiskOn International Inc.'s assets decreased by 55.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RiskOn International Inc. (2016–2023)
The table below shows the annual total assets of RiskOn International Inc. from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $10.67 Million | -55.13% |
| 2022-12-31 | $23.78 Million | -33.92% |
| 2021-12-31 | $35.98 Million | -1.68% |
| 2020-12-31 | $36.59 Million | +46.86% |
| 2019-12-31 | $24.92 Million | +881.72% |
| 2018-12-31 | $2.54 Million | -79.61% |
| 2017-12-31 | $12.45 Million | -6.40% |
| 2016-12-31 | $13.30 Million | -- |