Regional Express Holdings Ltd
Regional Express Holdings Limited engages in the air transportation of passengers and freight. The company operates through Regular Public Transport, Charter and Other, and Training segments. It provides fly in/fly out charter services; airfreight charter services; corporate jet charter services; and aeromedical transport services. The company also offers training programs to students and other a… Read more
Regional Express Holdings Ltd (REX) - Total Assets
Latest total assets as of December 2023: AU$737.16 Million AUD
Based on the latest financial reports, Regional Express Holdings Ltd (REX) holds total assets worth AU$737.16 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.
Regional Express Holdings Ltd - Total Assets Trend (2004–2023)
This chart illustrates how Regional Express Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Regional Express Holdings Ltd - Asset Composition Analysis
Current Asset Composition (June 2023)
Regional Express Holdings Ltd's total assets of AU$737.16 Million consist of 17.4% current assets and 82.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$35.57 Million | 7.6% |
| Accounts Receivable | AU$22.50 Million | 3.5% |
| Inventory | AU$24.73 Million | 3.8% |
| Property, Plant & Equipment | AU$416.12 Million | 63.8% |
| Intangible Assets | AU$875.00K | 0.1% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2004–2023)
This chart illustrates how Regional Express 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: Regional Express Holdings Ltd's current assets represent 17.4% of total assets in 2023, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2023, up from 3.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 63.8% of total assets.
Regional Express Holdings Ltd Competitors by Total Assets
Key competitors of Regional Express Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co
KO:003490
|
Korea | ₩48.75 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.24 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$350.66 Billion |
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
Taiwan | NT$91.35 Billion |
|
Jin Air Co Ltd
KO:272450
|
Korea | ₩1.20 Trillion |
Regional Express 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 - Regional Express Holdings Ltd generates 0.98x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Regional Express Holdings Ltd generates $ 2.20 in net profit.
Regional Express 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 | 0.60 | 0.67 | 0.75 |
| Quick Ratio | 0.48 | 0.61 | 0.53 |
| Cash Ratio | 0.26 | 0.34 | 0.00 |
| Working Capital | AU$-83.90 Million | AU$ -60.01 Million | AU$ -13.87 Million |
Regional Express Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Regional Express 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 | 0.41 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 28.3% |
| Total Assets | AU$652.67 Million |
| Market Capitalization | $39.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Regional Express Holdings Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Regional Express Holdings Ltd's assets grew by 28.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Regional Express Holdings Ltd (2004–2023)
The table below shows the annual total assets of Regional Express Holdings Ltd from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | AU$652.67 Million | +28.34% |
| 2022-06-30 | AU$508.55 Million | +21.61% |
| 2021-06-30 | AU$418.19 Million | +64.63% |
| 2020-06-30 | AU$254.02 Million | -6.90% |
| 2019-06-30 | AU$272.85 Million | -0.86% |
| 2018-06-30 | AU$275.21 Million | +0.88% |
| 2017-06-30 | AU$272.81 Million | +0.85% |
| 2016-06-30 | AU$270.52 Million | -3.71% |
| 2015-06-30 | AU$280.93 Million | -2.87% |
| 2014-06-30 | AU$289.23 Million | +11.23% |
| 2013-06-30 | AU$260.03 Million | +0.18% |
| 2012-06-30 | AU$259.57 Million | +8.35% |
| 2011-06-30 | AU$239.57 Million | +9.50% |
| 2010-06-30 | AU$218.78 Million | +28.14% |
| 2009-06-30 | AU$170.74 Million | +3.87% |
| 2008-06-30 | AU$164.38 Million | +4.39% |
| 2007-06-30 | AU$157.47 Million | +57.00% |
| 2006-06-30 | AU$100.30 Million | +28.59% |
| 2005-06-30 | AU$78.00 Million | +130.82% |
| 2004-06-30 | AU$33.79 Million | -- |