Champion Gaming Group Inc.
Champion Gaming Group Inc. operates as a sports content, data, and analytics company. It operates as a premier sports intelligence destination for sports wagering and fantasy sports under the Football Outsiders, EdjSports, and EdjVarsity brands. The company also provides a suite of digital products powered by data science methodologies to business-to-business and business-to-consumer customers in… Read more
Champion Gaming Group Inc. (WGRFF) - Total Assets
Latest total assets as of September 2023: $433.57K USD
Based on the latest financial reports, Champion Gaming Group Inc. (WGRFF) holds total assets worth $433.57K USD as of September 2023.
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.
Champion Gaming Group Inc. - Total Assets Trend (2015–2022)
This chart illustrates how Champion Gaming Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Champion Gaming Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2022)
Champion Gaming Group Inc.'s total assets of $433.57K consist of 23.4% current assets and 76.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.3% |
| Accounts Receivable | $12.82K | 4.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2022)
This chart illustrates how Champion Gaming Group 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: Champion Gaming Group Inc.'s current assets represent 23.4% of total assets in 2022, an increase from 0.0% in 2015.
- Cash Position: Cash and equivalents constituted 18.3% of total assets in 2022, down from 80.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 4.9% of total assets.
Champion Gaming Group Inc. Competitors by Total Assets
Key competitors of Champion Gaming Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Champion Gaming Group 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
Strong asset utilization - Champion Gaming Group Inc. generates 5.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Champion Gaming Group Inc. is currently not profitable relative to its asset base.
Champion Gaming Group 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 | 0.05 | 0.03 | 0.14 |
| Quick Ratio | 0.05 | 0.03 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.42 Million | $ -3.50 Million | $ -603.58K |
Champion Gaming Group Inc. - Advanced Valuation Insights
This section examines the relationship between Champion Gaming Group 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 | 0.85 |
| Asset Growth Rate (YoY) | -87.8% |
| Total Assets | $260.81K |
| Market Capitalization | $220.69K USD |
Valuation Analysis
Near Book Valuation: The market values Champion Gaming Group Inc.'s assets close to their book value ( 0.85x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Champion Gaming Group Inc.'s assets decreased by 87.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Champion Gaming Group Inc. (2015–2022)
The table below shows the annual total assets of Champion Gaming Group Inc. from 2015 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $260.81K | -87.81% |
| 2021-12-31 | $2.14 Million | +1066.17% |
| 2020-12-31 | $183.54K | +247.43% |
| 2019-12-31 | $52.83K | -46.28% |
| 2018-12-31 | $98.33K | +530.12% |
| 2017-12-31 | $15.61K | -23.60% |
| 2016-12-31 | $20.43K | +19.59% |
| 2015-12-31 | $17.08K | -- |