TGS Esports Inc
TGS Esports Inc. provides a community esports space to compete in tournaments and competitions. It also hosts regular online tournaments, as well as provides broadcast production for any event. The company is based in Richmond, Canada.
TGS Esports Inc (TGS) - Total Assets
Latest total assets as of March 2022: CA$1.79 Million CAD
Based on the latest financial reports, TGS Esports Inc (TGS) holds total assets worth CA$1.79 Million CAD as of March 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.
TGS Esports Inc - Total Assets Trend (2020–2021)
This chart illustrates how TGS Esports Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TGS Esports Inc - Asset Composition Analysis
Current Asset Composition (June 2021)
TGS Esports Inc's total assets of CA$1.79 Million consist of 49.5% current assets and 50.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 35.1% |
| Accounts Receivable | CA$43.12K | 1.9% |
| Inventory | CA$13.42K | 0.6% |
| Property, Plant & Equipment | CA$302.12K | 13.3% |
| Intangible Assets | CA$275.00K | 12.1% |
| Goodwill | CA$502.84K | 22.1% |
Asset Composition Trend (2020–2021)
This chart illustrates how TGS Esports 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: TGS Esports Inc's current assets represent 49.5% of total assets in 2021, an increase from 40.8% in 2020.
- Cash Position: Cash and equivalents constituted 35.1% of total assets in 2021, up from 7.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 22.1% of total assets.
TGS Esports Inc Competitors by Total Assets
Key competitors of TGS Esports Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
IHQ Inc
KO:003560
|
Korea | ₩148.67 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
|
Guangdong Alpha Animation and Culture Co Ltd
SHE:002292
|
China | CN¥4.22 Billion |
|
AMC Entertainment Holdings Inc
NYSE:AMC
|
USA | $8.02 Billion |
TGS Esports Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - TGS Esports Inc generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TGS Esports Inc is currently not profitable relative to its asset base.
TGS Esports Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.26 | 2.23 | 0.48 |
| Quick Ratio | 0.26 | 2.21 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.04 Million | CA$ 925.32K | CA$ -636.94K |
TGS Esports Inc - Advanced Valuation Insights
This section examines the relationship between TGS Esports 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 | 2.33 |
| Asset Growth Rate (YoY) | 225.1% |
| Total Assets | CA$2.27 Million |
| Market Capitalization | $5.29 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values TGS Esports Inc's assets at a significant premium ( 2.33x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: TGS Esports Inc's assets grew by 225.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TGS Esports Inc (2020–2021)
The table below shows the annual total assets of TGS Esports Inc from 2020 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-06-30 | CA$2.27 Million | +225.14% |
| 2020-06-30 | CA$698.91K | -- |