Esports Entertainment Group Balance Sheet Health
Financial Health criteria checks 3/6
Esports Entertainment Group has a total shareholder equity of $-4.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.6M and $12.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$1.10m |
Equity | -US$4.91m |
Total liabilities | US$12.52m |
Total assets | US$7.60m |
Recent financial health updates
Recent updates
It's Down 36% But Esports Entertainment Group, Inc. (NASDAQ:GMBL) Could Be Riskier Than It Looks
Feb 14Why Investors Shouldn't Be Surprised By Esports Entertainment Group, Inc.'s (NASDAQ:GMBL) 72% Share Price Plunge
Aug 26Esports Entertainment Group GAAP EPS of -$0.10 beats by $0.27, revenue of $11.71M beats by $0.71M
Oct 14Esports Entertainment stock slides on proposed securities offering
Sep 15Is There Now An Opportunity In Esports Entertainment Group, Inc. (NASDAQ:GMBL)?
Dec 30Esports Entertainment launches InVIE Dota 2 Season 1 in South America
Jun 18Why Esports Entertainment Group, Inc. (NASDAQ:GMBL) Could Be Worth Watching
Jun 09Is Esports Entertainment Group, Inc. (NASDAQ:GMBL) Worth US$11.4 Based On Its Intrinsic Value?
May 05Could The Esports Entertainment Group, Inc. (NASDAQ:GMBL) Ownership Structure Tell Us Something Useful?
Jan 21Financial Position Analysis
Short Term Liabilities: GMBL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GMBL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GMBL is debt free.
Reducing Debt: GMBL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GMBL has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GMBL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.