TGS Esports Inc Total Assets
TGS Esports Inc total assets. Based on the latest financial reports, TGS Esports Inc (TGS) holds total assets worth CA$1.79 Million CAD (≈ $1.29 Million USD) 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. Also see TGS stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of TGS Esports Inc (2020–2021)
Total assets of TGS Esports Inc from 2020 to 2021. This chart illustrates how TGS Esports Inc's total assets have evolved over time, based on quarterly financial data. See TGS Esports Inc stock price for real-time trading data and today's change.
TGS Esports Inc - Asset Composition Analysis
TGS Esports Inc Total Assets Breakdown (June 2021)
TGS Esports Inc total assets breakdown as of 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. Explore TGS Esports Inc current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Versant Media Group, Inc.
NASDAQ:VSNTV
|
USA | $12.28 Billion |
|
Banijay Group NV
AS:BNJ
|
Netherlands | €11.65 Billion |
|
Sphere Entertainment Co.
NYSE:SPHR
|
USA | $4.43 Billion |
|
Beijing Fengshangshiji Culture Medi
SHE:300860
|
China | CN¥3.35 Billion |
|
Ciwen Media Co Ltd
SHE:002343
|
China | CN¥1.76 Billion |
|
Guangzhou Jinyi Media Corp
SHE:002905
|
China | CN¥2.26 Billion |
|
PARKEN Sport & Entertainment
CO:PARKEN
|
Denmark | Dkr3.95 Billion |
|
AGF A/S
CO:AGF-B
|
Denmark | Dkr290.54 Million |
TGS Esports Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.26 | 2.23 | 0.48 |
| Quick Ratio | 0.26 | 2.21 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-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 | 2.65 |
| Asset Growth Rate (YoY) | 225.1% |
| Total Assets | CA$2.27 Million |
| Market Capitalization | $6.03 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values TGS Esports Inc's assets at a significant premium (2.65x), 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 ≈ $1.64 Million |
+225.14% |
| 2020-06-30 | CA$698.91K ≈ $505.58K |
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About 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.