Airtasker Ltd
Airtasker Limited engages in the provision of technology-enabled online marketplaces for local services in Australia. The company's platform offers various services, including accounting, admin, alterations, appliances technician, architects, assembly, audio visual, auto electrician, bakers, balloon delivery, barbers, bathroom renovation, beauticians, bicycle service, bricklayer, building and con… Read more
Airtasker Ltd (ART) - Total Assets
Latest total assets as of June 2025: AU$70.41 Million AUD
Based on the latest financial reports, Airtasker Ltd (ART) holds total assets worth AU$70.41 Million AUD as of June 2025.
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.
Airtasker Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Airtasker Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Airtasker Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Airtasker Ltd's total assets of AU$70.41 Million consist of 61.1% current assets and 38.9% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 26.2% |
| Accounts Receivable | AU$235.00K | 0.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$1.49 Million | 2.1% |
| Intangible Assets | AU$5.60 Million | 8.0% |
| Goodwill | AU$14.18 Million | 20.1% |
Asset Composition Trend (2018–2024)
This chart illustrates how Airtasker Ltd'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Airtasker Ltd's current assets represent 61.1% of total assets in 2024, a decrease from 77.5% in 2018.
- Cash Position: Cash and equivalents constituted 26.2% of total assets in 2024, down from 54.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, an increase from 4.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 20.1% of total assets.
Airtasker Ltd Competitors by Total Assets
Key competitors of Airtasker Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
Airtasker Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Airtasker Ltd generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Airtasker Ltd is currently not profitable relative to its asset base.
Airtasker Ltd - 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 | 3.22 | 2.98 | 0.48 |
| Quick Ratio | 3.22 | 2.98 | 0.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$29.69 Million | AU$ 18.87 Million | AU$ -17.39 Million |
Airtasker Ltd - Advanced Valuation Insights
This section examines the relationship between Airtasker Ltd'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 | 14.00 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 39.4% |
| Total Assets | AU$70.41 Million |
| Market Capitalization | $33.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Airtasker Ltd's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Airtasker Ltd's assets grew by 39.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Airtasker Ltd (2018–2024)
The table below shows the annual total assets of Airtasker Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$70.41 Million | +39.35% |
| 2023-12-31 | AU$50.53 Million | -0.87% |
| 2022-12-31 | AU$50.97 Million | -7.06% |
| 2021-12-31 | AU$54.84 Million | -4.68% |
| 2020-12-31 | AU$57.53 Million | +188.16% |
| 2019-12-31 | AU$19.97 Million | +85.55% |
| 2018-12-31 | AU$10.76 Million | -- |