GAN Limited

GAN Limitedverified

GAN

Price:

$1.84

Market Cap:

$83.85M

GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. The company operates in two segments, B2B and Business-to-Consumer (B2C). It offers and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming. The company also offers online sports betting, online casino game, and peer-to-peer poker services through its coolbet.com website, as well as a range of development, marketing, and customer supp...[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2020-05-05

Stock Exchange

NASDAQ

Ticker

GAN

The Current Ratio as of November 2024 (TTM) for GAN Limited (GAN) is 1.74

According to GAN Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.74. This represents a change of 8.54% compared to the average of 1.60 of the last 4 quarters.

GAN Limited (GAN) Historical Current Ratio (quarterly & annually)

How has GAN Current Ratio performed in the past?

The mean historical Current Ratio of GAN Limited over the last ten years is 2.95. The current 1.74 Current Ratio has changed 5.81% 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.

Quarterly (TTM)
Annual

Average

2.95

Median

2.07

Minimum

1.43

Maximum

9.44

GAN Limited (GAN) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.54-25.94%
20222.0826.18%
20211.65-82.56%
20209.44413.85%
20191.8428.94%
20181.43-33.96%
20172.16-8.62%
20162.3615.10%
20152.05-58.29%
20144.92-0.87%

GAN Limited (GAN) Average Current Ratio

How has GAN Current Ratio performed in the past?

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

1.76

5-year avg

3.31

10-year avg

2.95

GAN Limited (GAN) Current Ratio vs. Peers

How is GAN’s Current Ratio compared to its peers?

GAN Limited’s Current Ratio is less than Esports Entertainment Group, Inc. (0), greater than Rush Street Interactive, Inc. (0.20), greater than Elys BMG Group, Inc. (1.71), greater than EBET, Inc. (0.61), greater than Flutter Entertainment plc (0.03), greater than Inspired Entertainment, Inc. (0.87), greater than PointsBet Holdings Limited (1.51), greater than PlayAGS, Inc. (0.81), less than Accel Entertainment, Inc. (3.35), less than International Game Technology PLC (2.71), less than Light & Wonder, Inc. (2.36), less than Codere Online Luxembourg, S.A. (1.88), greater than Gambling.com Group Limited (0), greater than Canterbury Park Holding Corporation (1.03), less than null (2.24),

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