Royal Wins Corporation
Royal Wins Corporation, a digital games studio, designs, develops, and operates real-cash prize skill games. The company also engages in the skill game wagering and betting on mobile casual games. It operates the Kash Karnival, a skill gaming application. The company is based in Toronto, Canada.
Royal Wins Corporation (RYWCF) - Total Assets
Latest total assets as of June 2022: $370.92K USD
Based on the latest financial reports, Royal Wins Corporation (RYWCF) holds total assets worth $370.92K USD as of June 2022.
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.
Royal Wins Corporation - Total Assets Trend (2020–2022)
This chart illustrates how Royal Wins Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Royal Wins Corporation - Asset Composition Analysis
Current Asset Composition (June 2022)
Royal Wins Corporation's total assets of $370.92K consist of 68.5% current assets and 31.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $166.36K | 44.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $116.89K | 31.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Royal Wins Corporation'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: Royal Wins Corporation's current assets represent 68.5% of total assets in 2022, a decrease from 86.1% in 2020.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2022, down from 84.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 12.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 44.9% of total assets.
Royal Wins Corporation Competitors by Total Assets
Key competitors of Royal Wins Corporation 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 |
Royal Wins Corporation - 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 - Royal Wins Corporation generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Royal Wins Corporation is currently not profitable relative to its asset base.
Royal Wins Corporation - 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 | 0.05 | 1.02 | 0.07 |
| Quick Ratio | 0.05 | 1.02 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.98 Million | $ 87.05K | $ -89.84K |
Royal Wins Corporation - Advanced Valuation Insights
This section examines the relationship between Royal Wins Corporation'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 | 0.87 |
| Latest Market Cap to Assets Ratio | 5.58 |
| Asset Growth Rate (YoY) | -91.6% |
| Total Assets | $370.92K |
| Market Capitalization | $2.07 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Royal Wins Corporation's assets at a significant premium ( 5.58x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Royal Wins Corporation's assets decreased by 91.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Royal Wins Corporation (2020–2022)
The table below shows the annual total assets of Royal Wins Corporation from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-06-30 | $370.92K | -91.62% |
| 2021-06-30 | $4.42 Million | +1007.03% |
| 2020-06-30 | $399.71K | -- |