Freedom Care Group Holdings Ltd
Freedom Care Group Holdings Limited provides care and support services to individuals with disabilities in Australia. The company offers allied health services, including speech therapy, psychology, podiatry, physiotherapy, occupational therapy, exercise physiology, dietetics, and chiropractic; core support services, such as social and community participation, in-home services, and garden and yar… Read more
Freedom Care Group Holdings Ltd (FCG) - Total Assets
Latest total assets as of June 2024: AU$9.86 Million AUD
Based on the latest financial reports, Freedom Care Group Holdings Ltd (FCG) holds total assets worth AU$9.86 Million AUD as of June 2024.
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.
Freedom Care Group Holdings Ltd - Total Assets Trend (2010–2023)
This chart illustrates how Freedom Care Group Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Freedom Care Group Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Freedom Care Group Holdings Ltd's total assets of AU$9.86 Million consist of 70.9% current assets and 29.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 42.0% |
| Accounts Receivable | AU$2.24 Million | 22.7% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$1.42 Million | 14.4% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2010–2023)
This chart illustrates how Freedom Care Group Holdings 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: Freedom Care Group Holdings Ltd's current assets represent 70.9% of total assets in 2023, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 42.0% of total assets in 2023, up from 0.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 22.7% of total assets.
Freedom Care Group Holdings Ltd Competitors by Total Assets
Key competitors of Freedom Care Group Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516
|
China | CN¥9.79 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
China | CN¥19.57 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
China | CN¥6.55 Billion |
|
TMC Life Sciences Bhd
KLSE:0101
|
Malaysia | RM1.12 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM146.00 Million |
|
Cengild Medical Berhad
KLSE:0243
|
Malaysia | RM218.07 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
Malaysia | RM99.33 Million |
|
Raffles Medical Group Ltd
F:02M1
|
Germany | €1.49 Billion |
Freedom Care Group Holdings 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 - Freedom Care Group Holdings Ltd generates 1.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Freedom Care Group Holdings Ltd generates $9.04 in net profit.
Freedom Care Group Holdings 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 | 2.12 | 3.05 | 2.08 |
| Quick Ratio | 2.12 | 3.05 | 2.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$3.69 Million | AU$ 3.43 Million | AU$ 7.55 Million |
Freedom Care Group Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Freedom Care Group Holdings 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 | 0.75 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 66.2% |
| Total Assets | AU$9.86 Million |
| Market Capitalization | $307.06K USD |
Valuation Analysis
Below Book Valuation: The market values Freedom Care Group Holdings Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Freedom Care Group Holdings Ltd's assets grew by 66.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Freedom Care Group Holdings Ltd (2010–2023)
The table below shows the annual total assets of Freedom Care Group Holdings Ltd from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | AU$9.86 Million | +66.19% |
| 2022-12-31 | AU$5.93 Million | +261.97% |
| 2021-12-31 | AU$1.64 Million | +34.61% |
| 2020-12-31 | AU$1.22 Million | -99.41% |
| 2019-12-31 | AU$207.50 Million | +474.79% |
| 2018-12-31 | AU$36.10 Million | +166.01% |
| 2017-12-31 | AU$13.57 Million | -11.16% |
| 2016-12-31 | AU$15.28 Million | +6.14% |
| 2015-12-31 | AU$14.39 Million | +1084.53% |
| 2014-12-31 | AU$1.22 Million | -47.81% |
| 2013-12-31 | AU$2.33 Million | +23.17% |
| 2012-12-31 | AU$1.89 Million | -29.48% |
| 2011-12-31 | AU$2.68 Million | +1118.18% |
| 2010-12-31 | AU$220.00K | -- |