Lawfinance Ltd (LAW) - Total Assets
Based on the latest financial reports, Lawfinance Ltd (LAW) holds total assets worth AU$6.81 Million AUD (≈ $4.82 Million USD) 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. Explore cash flow to debt ratio of Lawfinance Ltd to assess how comfortably operating cash covers total debt obligations.
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. See Lawfinance Ltd net assets for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see LAW market cap overview.
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 |
|---|---|---|
|
SLM Corp
NASDAQ:SLM
|
USA | $29.41 Billion |
|
Beijing Cuiwei Tower Co Ltd
SHG:603123
|
China | CN¥6.14 Billion |
|
Oportun Financial Corp
NASDAQ:OPRT
|
USA | $3.17 Billion |
|
Humm Group Ltd
AU:HUM
|
Australia | AU$5.36 Billion |
|
FSA Group Ltd
AU:FSA
|
Australia | AU$1.06 Billion |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
India | Rs55.63 Billion |
|
EN Shoham Business Ltd
TA:SHOM
|
Israel | ILA1.08 Billion |
|
creditshelf Aktiengesellschaft
F:CSQ
|
Germany | €8.03 Million |
Lawfinance Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.48 | 0.19 | 1.19 |
| Quick Ratio | 0.48 | 0.19 | 1.19 |
| Cash Ratio | 0.00 | 0.03 | 0.00 |
| Working Capital | AU$-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 | 0.03 |
| Asset Growth Rate (YoY) | -65.8% |
| Total Assets | AU$6.81 Million |
| Market Capitalization | $225.95K USD |
Valuation Analysis
Below Book Valuation: The market values Lawfinance Ltd's assets below their book value (0.03x), 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 ≈ $4.82 Million |
-65.76% |
| 2022-12-31 | AU$19.89 Million ≈ $14.07 Million |
-43.04% |
| 2021-12-31 | AU$34.92 Million ≈ $24.71 Million |
-47.37% |
| 2020-12-31 | AU$66.34 Million ≈ $46.94 Million |
-42.69% |
| 2019-12-31 | AU$115.74 Million ≈ $81.90 Million |
-27.86% |
| 2018-12-31 | AU$160.44 Million ≈ $113.52 Million |
+177.45% |
| 2017-12-31 | AU$57.83 Million ≈ $40.92 Million |
+27.35% |
| 2016-12-31 | AU$45.41 Million ≈ $32.13 Million |
+157.51% |
| 2015-12-31 | AU$17.63 Million ≈ $12.48 Million |
+148.86% |
| 2014-12-31 | AU$7.09 Million ≈ $5.01 Million |
+11.04% |
| 2013-12-31 | AU$6.38 Million ≈ $4.52 Million |
+339.24% |
| 2012-12-31 | AU$1.45 Million ≈ $1.03 Million |
-50.58% |
| 2011-12-31 | AU$2.94 Million ≈ $2.08 Million |
+2.37% |
| 2010-12-31 | AU$2.87 Million ≈ $2.03 Million |
+45.83% |
| 2009-12-31 | AU$1.97 Million ≈ $1.39 Million |
+159.65% |
| 2008-12-31 | AU$758.40K ≈ $536.62K |
-38.48% |
| 2007-12-31 | AU$1.23 Million ≈ $872.20K |
-5.98% |
| 2001-12-31 | AU$1.31 Million ≈ $927.67K |
-29.72% |
| 2000-12-31 | AU$1.87 Million ≈ $1.32 Million |
-81.50% |
| 1999-12-31 | AU$10.08 Million ≈ $7.13 Million |
-8.91% |
| 1998-12-31 | AU$11.07 Million ≈ $7.83 Million |
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About 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