Kings Entertainment Group Inc.
Kings Entertainment Group Inc. provides online lottery and casino style gaming services. It also offers lottery subscriptions and browser-based casino games. The company offers its services under the LottoKings, Trillionaire, and WinTrillions brand names. Kings Entertainment Group Inc. is headquartered in Vancouver, Canada.
Kings Entertainment Group Inc. (KENGF) - Total Liabilities
Latest total liabilities as of September 2023: $3.98 Million USD
Based on the latest financial reports, Kings Entertainment Group Inc. (KENGF) has total liabilities worth $3.98 Million USD as of September 2023.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Kings Entertainment Group Inc. - Total Liabilities Trend (2020–2022)
This chart illustrates how Kings Entertainment Group Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Kings Entertainment Group Inc. Competitors by Total Liabilities
The table below lists competitors of Kings Entertainment Group Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Lien Hoe Corporation Bhd
KLSE:3573
|
Malaysia | RM90.35 Million |
|
Soco Corporation Ltd
AU:SOC
|
Australia | AU$5.96 Million |
|
TechnoDex Bhd
KLSE:0132
|
Malaysia | RM13.03 Million |
|
VIMAB Group AB
ST:VIMAB
|
Sweden | Skr256.45 Million |
|
Rightscorp Inc
PINK:RIHT
|
USA | $3.44 Million |
|
Crypto Co
PINK:CRCW
|
USA | $8.81 Million |
Liability Composition Analysis (2020–2022)
This chart breaks down Kings Entertainment Group Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.15 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.64 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.39 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Kings Entertainment Group Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Kings Entertainment Group Inc. (2020–2022)
The table below shows the annual total liabilities of Kings Entertainment Group Inc. from 2020 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $2.69 Million | -7.59% |
| 2021-12-31 | $2.91 Million | +142.50% |
| 2020-12-31 | $1.20 Million | -- |