Simplicity Esports and Gaming Co
Simplicity Esports and Gaming Company operates as an esports company in the United States and India. The company owns and operates games and entertainment centers, as well as e-sports gaming centers. It offers an interactive and fun experience to customers at its centers; blending augmented reality, virtual reality, and other games; indoor entertainment; and food and beverage options to corporate… Read more
Simplicity Esports and Gaming Co (WINR) - Total Assets
Latest total assets as of February 2023: $281.94K USD
Based on the latest financial reports, Simplicity Esports and Gaming Co (WINR) holds total assets worth $281.94K USD as of February 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.
Simplicity Esports and Gaming Co - Total Assets Trend (2017–2022)
This chart illustrates how Simplicity Esports and Gaming Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Simplicity Esports and Gaming Co - Asset Composition Analysis
Current Asset Composition (May 2022)
Simplicity Esports and Gaming Co's total assets of $281.94K consist of 13.3% current assets and 86.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $60.55K | 1.6% |
| Inventory | $115.19K | 3.0% |
| Property, Plant & Equipment | $727.42K | 19.0% |
| Intangible Assets | $1.01 Million | 26.3% |
| Goodwill | $1.47 Million | 38.5% |
Asset Composition Trend (2017–2022)
This chart illustrates how Simplicity Esports and Gaming Co'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: Simplicity Esports and Gaming Co's current assets represent 13.3% of total assets in 2022, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2022, down from 54.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 64.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 38.5% of total assets.
Simplicity Esports and Gaming Co Competitors by Total Assets
Key competitors of Simplicity Esports and Gaming Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DoubleU Games Co Ltd
KO:192080
|
Korea | ₩1.77 Trillion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 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 |
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
Simplicity Esports and Gaming Co - 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 - Simplicity Esports and Gaming Co generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Simplicity Esports and Gaming Co is currently not profitable relative to its asset base.
Simplicity Esports and Gaming Co - 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 | 0.03 | 0.32 | 1.88 |
| Quick Ratio | 0.03 | 0.24 | 1.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.19 Million | $ -2.55 Million | $ 216.03K |
Simplicity Esports and Gaming Co - Advanced Valuation Insights
This section examines the relationship between Simplicity Esports and Gaming Co'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 | 2.87 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -62.5% |
| Total Assets | $3.83 Million |
| Market Capitalization | $2.84K USD |
Valuation Analysis
Below Book Valuation: The market values Simplicity Esports and Gaming Co's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Simplicity Esports and Gaming Co's assets decreased by 62.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Simplicity Esports and Gaming Co (2017–2022)
The table below shows the annual total assets of Simplicity Esports and Gaming Co from 2017 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-05-31 | $3.83 Million | -62.51% |
| 2021-05-31 | $10.21 Million | +18.80% |
| 2020-05-31 | $8.59 Million | +10.80% |
| 2019-05-31 | $7.75 Million | -85.47% |
| 2018-05-31 | $53.36 Million | +96912.51% |
| 2017-05-31 | $55.00K | -- |