X1 Esports and Entertainment Ltd.
Military Metals Corp. engages in the acquisition and exploration of mineral properties. It explores for gold and base metals, zinc, copper, and lead, as well as gold and silver by products. The company holds 100% interest in the Manson Bay Project in thirteen contiguous mineral claims covering an area of 4,293 hectares located in the province of Saskatchewan. The company is based in Vancouver, Ca… Read more
X1 Esports and Entertainment Ltd. (XOEEF) - Total Assets
Latest total assets as of May 2024: $527.59K USD
Based on the latest financial reports, X1 Esports and Entertainment Ltd. (XOEEF) holds total assets worth $527.59K USD as of May 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.
X1 Esports and Entertainment Ltd. - Total Assets Trend (2021–2023)
This chart illustrates how X1 Esports and Entertainment Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
X1 Esports and Entertainment Ltd. - Asset Composition Analysis
Current Asset Composition (August 2023)
X1 Esports and Entertainment Ltd.'s total assets of $527.59K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 41.6% |
| Accounts Receivable | $11.75K | 58.4% |
| Inventory | $-11.75K | -58.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how X1 Esports and Entertainment Ltd.'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: X1 Esports and Entertainment Ltd.'s current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 41.6% of total assets in 2023, down from 89.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 58.4% of total assets.
X1 Esports and Entertainment Ltd. Competitors by Total Assets
Key competitors of X1 Esports and Entertainment Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF
|
USA | $127.20K |
|
GRDV
PINK:GRDV
|
USA | $273.00 |
|
Napier Ventures Inc
PINK:NPRVF
|
USA | $66.28 |
|
Placer Creek Mining
OTCGREY:PRCK
|
USA | $692.65K |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥17.51 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
X1 Esports and Entertainment Ltd. - 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 - X1 Esports and Entertainment Ltd. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - X1 Esports and Entertainment Ltd. is currently not profitable relative to its asset base.
X1 Esports and Entertainment Ltd. - 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 | 0.45 | 0.17 | 8.08 |
| Quick Ratio | 0.45 | 0.17 | 8.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-496.37K | $ -343.83K | $ 1.48 Million |
X1 Esports and Entertainment Ltd. - Advanced Valuation Insights
This section examines the relationship between X1 Esports and Entertainment Ltd.'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 | 1.74 |
| Latest Market Cap to Assets Ratio | 210.29 |
| Asset Growth Rate (YoY) | -99.3% |
| Total Assets | $20.11K |
| Market Capitalization | $4.23 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values X1 Esports and Entertainment Ltd.'s assets at a significant premium ( 210.29x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: X1 Esports and Entertainment Ltd.'s assets decreased by 99.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for X1 Esports and Entertainment Ltd. (2021–2023)
The table below shows the annual total assets of X1 Esports and Entertainment Ltd. from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-08-31 | $20.11K | -99.33% |
| 2022-08-31 | $3.02 Million | +40.82% |
| 2021-08-31 | $2.15 Million | -- |