Readytech Holdings Ltd (RDY) - Total Assets
Based on the latest financial reports, Readytech Holdings Ltd (RDY) holds total assets worth AU$255.42 Million AUD (≈ $180.72 Million USD) as of June 2026. 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 (2016–2026)
This chart illustrates how Readytech Holdings Ltd's total assets have evolved over time, based on quarterly financial data. Also see RDY market cap overview for the company's overall valuation and market capitalisation.
Readytech Holdings Ltd - Asset Composition Analysis
Current Asset Composition (June 2026)
Readytech Holdings Ltd's total assets of AU$255.42 Million consist of 18.4% current assets and 81.6% non-current assets. Review RDY total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 10.8% |
| Accounts Receivable | AU$16.96 Million | 6.6% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$79.25 Million | 31.0% |
| Goodwill | AU$111.59 Million | 43.7% |
Asset Composition Trend (2016–2026)
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. See current stock price of Readytech Holdings Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Readytech Holdings Ltd's current assets represent 18.4% of total assets in 2026, a decrease from 55.4% in 2016.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2026, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 74.0% of total assets, an increase from 18.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 43.7% 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 |
|---|---|---|
|
Beijing Kingsoft Office Software In
SHG:688111
|
China | CN¥20.22 Billion |
|
Duolingo Inc
NASDAQ:DUOL
|
USA | $2.07 Billion |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.85 Billion |
|
Beijing Teamsun Technology Co Ltd
SHG:600410
|
China | CN¥9.22 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.33 Billion |
|
Rpmglobal Holdings Ltd
AU:RUL
|
Australia | AU$140.65 Million |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 Billion |
Readytech Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.85 | 0.81 | 0.48 |
| Quick Ratio | 0.85 | 0.81 | 0.48 |
| Cash Ratio | 0.00 | 0.42 | 0.27 |
| Working Capital | AU$-8.53 Million | AU$-9.09 Million | AU$-22.95 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 | 1.38 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | AU$255.42 Million |
| Market Capitalization | $128.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Readytech Holdings Ltd's assets below their book value (0.50x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Readytech Holdings Ltd's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Readytech Holdings Ltd (2016–2026)
The table below shows the annual total assets of Readytech Holdings Ltd from 2016 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-06-30 | AU$255.42 Million ≈ $180.72 Million |
+2.01% |
| 2025-06-30 | AU$250.38 Million ≈ $177.16 Million |
-4.23% |
| 2024-06-30 | AU$261.43 Million ≈ $184.98 Million |
+0.83% |
| 2023-06-30 | AU$259.28 Million ≈ $183.46 Million |
+39.42% |
| 2022-06-30 | AU$185.97 Million ≈ $131.59 Million |
+9.66% |
| 2021-06-30 | AU$169.59 Million ≈ $120.00 Million |
+97.54% |
| 2020-06-30 | AU$85.85 Million ≈ $60.74 Million |
+23.22% |
| 2019-06-30 | AU$69.67 Million ≈ $49.30 Million |
+10.40% |
| 2018-06-30 | AU$63.11 Million ≈ $44.65 Million |
+25.90% |
| 2017-06-30 | AU$50.13 Million ≈ $35.47 Million |
+246.28% |
| 2016-06-30 | AU$14.48 Million ≈ $10.24 Million |
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About 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 through three segments: Education and Work Pathways, Workforce Solutions, and Government and Justice. The Education and Work Pathways segment offers cloud-based student and learning management systems for education and training providers to… Read more