Duxton Water Ltd
Rivco Australia Ltd provides water supply solutions to Australian irrigators. It owns and manages a portfolio of water entitlements; and offers the irrigation community with a range of water supply solutions. The company was formerly know as Duxton Water Limited and change its name to Rivco Australia Ltd in October 2025. The company was incorporated in 2016 and is based in Stirling, Australia.
Duxton Water Ltd (D2O) - Total Assets
Latest total assets as of June 2025: AU$234.21 Million AUD
Based on the latest financial reports, Duxton Water Ltd (D2O) holds total assets worth AU$234.21 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.
Duxton Water Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Duxton Water Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Duxton Water Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Duxton Water Ltd's total assets of AU$234.21 Million consist of 0.5% current assets and 99.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0.3% |
| Accounts Receivable | AU$458.00K | 0.2% |
| Inventory | AU$5.00K | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$308.57 Million | 98.5% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Duxton Water 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: Duxton Water Ltd's current assets represent 0.5% of total assets in 2024, a decrease from 26.5% in 2016.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 20.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 98.0% of total assets, an increase from 72.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 98.5% of total assets.
Duxton Water Ltd Competitors by Total Assets
Key competitors of Duxton Water Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Duxton Water 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
Lower asset utilization - Duxton Water Ltd generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Duxton Water Ltd generates $ 2.98 in net profit.
Duxton Water 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 | 1.88 | 1.01 | 0.72 |
| Quick Ratio | 1.88 | 1.01 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$2.28 Million | AU$ 49.00K | AU$ -2.42 Million |
Duxton Water Ltd - Advanced Valuation Insights
This section examines the relationship between Duxton Water 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 | 1.15 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | -3.5% |
| Total Assets | AU$313.40 Million |
| Market Capitalization | $101.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Duxton Water Ltd's assets below their book value (0.32 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Duxton Water Ltd's assets decreased by 3.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Duxton Water Ltd (2016–2024)
The table below shows the annual total assets of Duxton Water Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$313.40 Million | -3.46% |
| 2023-12-31 | AU$324.64 Million | +17.35% |
| 2022-12-31 | AU$276.65 Million | +8.15% |
| 2021-12-31 | AU$255.80 Million | -1.12% |
| 2020-12-31 | AU$258.69 Million | +4.72% |
| 2019-12-31 | AU$247.04 Million | +46.26% |
| 2018-12-31 | AU$168.91 Million | +109.05% |
| 2017-12-31 | AU$80.80 Million | +16.29% |
| 2016-12-31 | AU$69.48 Million | -- |