Readytech Holdings Ltd
ReadyTech Holdings Limited provides technology-based solutions in Australia and New Zealand, the United Kingdom, and the United States of America. It operates in three segments: Education and Work Pathways; Workforce Solutions; and Government Justice and Procurement. The Education and Work Pathways segment offers cloud-based student and learning management systems for education and training provi… Read more
Readytech Holdings Ltd (RDY) - Total Assets
Latest total assets as of December 2025: AU$246.30 Million AUD
Based on the latest financial reports, Readytech Holdings Ltd (RDY) holds total assets worth AU$246.30 Million AUD as of December 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.
Readytech Holdings Ltd - Total Assets Trend (2016–2025)
This chart illustrates how Readytech Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Readytech Holdings Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Readytech Holdings Ltd's total assets of AU$246.30 Million consist of 15.0% current assets and 85.0% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 7.9% |
| Accounts Receivable | AU$11.09 Million | 4.4% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$5.85 Million | 2.3% |
| Intangible Assets | AU$88.80 Million | 35.5% |
| Goodwill | AU$112.51 Million | 44.9% |
Asset Composition Trend (2016–2025)
This chart illustrates how Readytech 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: Readytech Holdings Ltd's current assets represent 15.0% of total assets in 2025, a decrease from 55.4% in 2016.
- Cash Position: Cash and equivalents constituted 7.9% of total assets in 2025, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 18.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 44.9% of total assets.
Readytech Holdings Ltd Competitors by Total Assets
Key competitors of Readytech Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Readytech Holdings Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Readytech Holdings Ltd generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Readytech Holdings Ltd is currently not profitable relative to its asset base.
Readytech Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.77 | 0.56 | 1.61 |
| Quick Ratio | 0.77 | 0.56 | 1.61 |
| Cash Ratio | 0.00 | 0.21 | 1.40 |
| Working Capital | AU$-10.69 Million | AU$ -23.11 Million | AU$ 14.42 Million |
Readytech Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Readytech 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 | 1.14 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | -4.2% |
| Total Assets | AU$250.38 Million |
| Market Capitalization | $45.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Readytech Holdings Ltd's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Readytech Holdings Ltd's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Readytech Holdings Ltd (2016–2025)
The table below shows the annual total assets of Readytech Holdings Ltd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$250.38 Million | -4.23% |
| 2024-06-30 | AU$261.43 Million | +0.83% |
| 2023-06-30 | AU$259.28 Million | +39.42% |
| 2022-06-30 | AU$185.97 Million | +9.66% |
| 2021-06-30 | AU$169.59 Million | +97.54% |
| 2020-06-30 | AU$85.85 Million | +23.22% |
| 2019-06-30 | AU$69.67 Million | +10.40% |
| 2018-06-30 | AU$63.11 Million | +25.90% |
| 2017-06-30 | AU$50.13 Million | +246.28% |
| 2016-06-30 | AU$14.48 Million | -- |