GAN
Price:
$1.97
Market Cap:
$91.53M
GAN Limited, a company founded in 1999 and based in Irvine, California, specializes in delivering business-to-business (B2B) software-as-a-service (SaaS) solutions. Its primary focus is supporting online casino and sports wagering platforms across various global regions, including the United States, Europe, and Latin America. The company's operations are divided into two main areas: a B2B division and a direct-to-consumer (B2C) division. For its B2B clients, GAN provides and licenses GameSTACK, a proprietary internet gaming platform. This comprehensive, ready-to-use technology enables regulated online real-money gambling, sports betting, and virtual simulated gaming. Its clientele includes r...[Read more]
Industry
Gambling, Resorts & Casinos
IPO Date
2020-05-05
Stock Exchange
NASDAQ
Ticker
GAN
According to GAN Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.57. This represents a change of -4.38% compared to the average of 1.64 of the last 4 quarters.
The mean historical Current Ratio of GAN Limited over the last ten years is 2.62. The current 1.57 Current Ratio has changed 5.88% with respect to the historical average. Over the past ten years (40 quarters), GAN's Current Ratio was at its highest in in the December 2020 quarter at 9.44. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
2.62
Median
1.94
Minimum
1.43
Maximum
9.44
Discovering the peaks and valleys of GAN Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 413.85%
Maximum Annual Current Ratio = 9.44
Minimum Annual Increase = -82.56%
Minimum Annual Current Ratio = 1.43
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.69 | 10.09% |
| 2023 | 1.54 | -25.94% |
| 2022 | 2.08 | 26.18% |
| 2021 | 1.65 | -82.56% |
| 2020 | 9.44 | 413.85% |
| 2019 | 1.84 | 28.94% |
| 2018 | 1.43 | -33.96% |
| 2017 | 2.16 | -8.62% |
| 2016 | 2.36 | 15.10% |
| 2015 | 2.05 | -58.29% |
The current Current Ratio of GAN Limited (GAN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.77
5-year avg
3.28
10-year avg
2.62
GAN Limited’s Current Ratio is greater than Blue Apron Holdings, Inc. (0.74), greater than Lazydays Holdings, Inc. (0.76), greater than Faraday Future Intelligent Electric Inc. (0.36), greater than TH International Limited (0.28), greater than Sports Entertainment Gaming Global Corporation (0.63), greater than Sadot Group Inc. (0.04), greater than QVC Group Inc. (0.63), greater than Selina Hospitality PLC (0.42), greater than Fisker Inc. (1.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.74 | $99.98M | |
| 0.76 | $77.11M | |
| 0.36 | $26.66M | |
| 0.28 | $51.90M | |
| 0.63 | $13.15M | |
| 0.04 | $16.37M | |
| 0.63 | $2.69M | |
| 0.42 | $16.31M | |
| 1.02 | $1.06M |
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