Rare Foods Australia Ltd (RFA) - Total Assets
Based on the latest financial reports, Rare Foods Australia Ltd (RFA) holds total assets worth AU$13.45 Million AUD (≈ $9.51 Million USD) as of December 2024. 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 Rare Foods Australia Ltd (RFA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Rare Foods Australia Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Rare Foods Australia Ltd's total assets have evolved over time, based on quarterly financial data. See RFA net asset value for net asset value and shareholders' equity analysis.
Rare Foods Australia Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Rare Foods Australia Ltd's total assets of AU$13.45 Million consist of 42.5% current assets and 57.5% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0.2% |
| Accounts Receivable | AU$2.74 Million | 17.8% |
| Inventory | AU$3.41 Million | 22.1% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$89.67K | 0.6% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Rare Foods Australia 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 RFA stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Rare Foods Australia Ltd's current assets represent 42.5% of total assets in 2024, a decrease from 57.9% in 2015.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 29.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 22.1% of total assets.
Rare Foods Australia Ltd Competitors by Total Assets
Key competitors of Rare Foods Australia Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sildarvinnslan Hf.
IC:SVN
|
Iceland | Ikr1.08 Billion |
|
Fujian Wanchen Biotechnology Co. Ltd
SHE:300972
|
China | CN¥10.76 Billion |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
China | CN¥7.16 Billion |
|
Austevoll Seafood ASA
OL:AUSS
|
Norway | Nkr52.37 Billion |
|
United Plantations Bhd
KLSE:2089
|
Malaysia | RM3.47 Billion |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
China | CN¥7.22 Billion |
|
Fujian Sunner Development Co Ltd
SHE:002299
|
China | CN¥23.50 Billion |
|
Great-Sun Foods Co Ltd
SHG:603336
|
China | CN¥1.78 Billion |
Rare Foods Australia 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 | 1.22 | 2.43 | 10.77 |
| Quick Ratio | 0.45 | 0.64 | 6.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$834.18K | AU$3.87 Million | AU$6.53 Million |
Rare Foods Australia Ltd - Advanced Valuation Insights
This section examines the relationship between Rare Foods Australia 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 | 0.18 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -7.1% |
| Total Assets | AU$15.41 Million |
| Market Capitalization | $962.23K USD |
Valuation Analysis
Below Book Valuation: The market values Rare Foods Australia Ltd's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Rare Foods Australia Ltd's assets decreased by 7.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Rare Foods Australia Ltd (2015–2024)
The table below shows the annual total assets of Rare Foods Australia Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$15.41 Million ≈ $10.91 Million |
-7.13% |
| 2023-06-30 | AU$16.60 Million ≈ $11.74 Million |
+0.74% |
| 2022-06-30 | AU$16.47 Million ≈ $11.66 Million |
+5.19% |
| 2021-06-30 | AU$15.66 Million ≈ $11.08 Million |
-8.97% |
| 2020-06-30 | AU$17.20 Million ≈ $12.17 Million |
-14.34% |
| 2019-06-30 | AU$20.08 Million ≈ $14.21 Million |
+10.99% |
| 2018-06-30 | AU$18.10 Million ≈ $12.80 Million |
-7.81% |
| 2017-06-30 | AU$19.63 Million ≈ $13.89 Million |
+243.39% |
| 2016-06-30 | AU$5.72 Million ≈ $4.04 Million |
+14.48% |
| 2015-06-30 | AU$4.99 Million ≈ $3.53 Million |
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About Rare Foods Australia Ltd
Rare Foods Australia Limited engages in the abalone ranching business in Australia, Asia, and Europe. It is involved in the harvesting of abalone; deployment and maintenance of artificial reef; and processing and distribution of the Greenlip abalone from the ocean ranching operations in Flinders Bay, Australia. The company was formerly known as Ocean Grown Abalone Limited and changed its name to … Read more