Lawfinance Ltd
LawFinance Limited provides financing solutions to the legal industry in the United States. The company operates through Short-Term Funding and National Health Finance segments. It offers medical lien funding, office rental, and insurance brokerage services. The company was formerly known as JustKapital Limited and changed its name to LawFinance Limited in October 2018. LawFinance Limited was inc… Read more
Lawfinance Ltd (LAW) - Total Assets
Latest total assets as of December 2023: AU$6.81 Million AUD
Based on the latest financial reports, Lawfinance Ltd (LAW) holds total assets worth AU$6.81 Million AUD as of December 2023.
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.
Lawfinance Ltd - Total Assets Trend (1998–2023)
This chart illustrates how Lawfinance Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lawfinance Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Lawfinance Ltd's total assets of AU$6.81 Million consist of 69.5% current assets and 30.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 21.2% |
| Accounts Receivable | AU$1.92 Million | 28.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1998–2023)
This chart illustrates how Lawfinance 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: Lawfinance Ltd's current assets represent 69.5% of total assets in 2023, an increase from 45.6% in 1998.
- Cash Position: Cash and equivalents constituted 21.2% of total assets in 2023, down from 40.9% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 33.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 28.2% of total assets.
Lawfinance Ltd Competitors by Total Assets
Key competitors of Lawfinance Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
Lawfinance 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 - Lawfinance Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Lawfinance Ltd is currently not profitable relative to its asset base.
Lawfinance 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 | 0.48 | 0.19 | 1.19 |
| Quick Ratio | 0.48 | 0.19 | 1.19 |
| Cash Ratio | 0.00 | 0.03 | 0.00 |
| Working Capital | AU$-5.07 Million | AU$ -44.27 Million | AU$ 2.13 Million |
Lawfinance Ltd - Advanced Valuation Insights
This section examines the relationship between Lawfinance 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 | 0.89 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -65.8% |
| Total Assets | AU$6.81 Million |
| Market Capitalization | $121.26K USD |
Valuation Analysis
Below Book Valuation: The market values Lawfinance Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lawfinance Ltd's assets decreased by 65.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lawfinance Ltd (1998–2023)
The table below shows the annual total assets of Lawfinance Ltd from 1998 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | AU$6.81 Million | -65.76% |
| 2022-12-31 | AU$19.89 Million | -43.04% |
| 2021-12-31 | AU$34.92 Million | -47.37% |
| 2020-12-31 | AU$66.34 Million | -42.69% |
| 2019-12-31 | AU$115.74 Million | -27.86% |
| 2018-12-31 | AU$160.44 Million | +177.45% |
| 2017-12-31 | AU$57.83 Million | +27.35% |
| 2016-12-31 | AU$45.41 Million | +157.51% |
| 2015-12-31 | AU$17.63 Million | +148.86% |
| 2014-12-31 | AU$7.09 Million | +11.04% |
| 2013-12-31 | AU$6.38 Million | +339.24% |
| 2012-12-31 | AU$1.45 Million | -50.58% |
| 2011-12-31 | AU$2.94 Million | +2.37% |
| 2010-12-31 | AU$2.87 Million | +45.83% |
| 2009-12-31 | AU$1.97 Million | +159.65% |
| 2008-12-31 | AU$758.40K | -38.48% |
| 2007-12-31 | AU$1.23 Million | -5.98% |
| 2001-12-31 | AU$1.31 Million | -29.72% |
| 2000-12-31 | AU$1.87 Million | -81.50% |
| 1999-12-31 | AU$10.08 Million | -8.91% |
| 1998-12-31 | AU$11.07 Million | -- |