Redflow Ltd (RFX) - Total Assets
Based on the latest financial reports, Redflow Ltd (RFX) holds total assets worth AU$16.87 Million AUD (≈ $11.94 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.
Redflow Ltd - Total Assets Trend (2008–2023)
This chart illustrates how Redflow Ltd's total assets have evolved over time, based on quarterly financial data. Also see Redflow Ltd stock valuation for the company's overall valuation and market capitalisation.
Redflow Ltd - Asset Composition Analysis
Current Asset Composition (June 2023)
Redflow Ltd's total assets of AU$16.87 Million consist of 82.9% current assets and 17.2% non-current assets. Review how much debt does Redflow Ltd carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$5.51 Million | 39.7% |
| Accounts Receivable | AU$55.39K | 0.4% |
| Inventory | AU$2.74 Million | 19.7% |
| Property, Plant & Equipment | AU$1.88 Million | 13.5% |
| Intangible Assets | AU$501.23K | 3.6% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Redflow 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 RFX stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Redflow Ltd's current assets represent 82.9% of total assets in 2023, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 39.7% of total assets in 2023, up from 33.9% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2008.
- Asset Diversification: The largest asset category is cash and equivalents at 39.7% of total assets.
Redflow Ltd Competitors by Total Assets
Key competitors of Redflow Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China XD Electric Co Ltd
SHG:601179
|
China | CN¥48.15 Billion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.74 Billion |
|
Henan Pinggao Electric Co Ltd
SHG:600312
|
China | CN¥21.63 Billion |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
China | CN¥3.30 Billion |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
China | CN¥8.24 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Earth-Panda Advanced Magnetic Material Co Ltd
SHG:688077
|
China | CN¥2.90 Billion |
|
Jiangsu Liance Electromechanical Technology Co. Ltd. A
SHG:688113
|
China | CN¥1.48 Billion |
Redflow 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 | 1.60 | 3.90 | 5.86 |
| Quick Ratio | 1.24 | 3.20 | 3.48 |
| Cash Ratio | 1.05 | 2.28 | 0.00 |
| Working Capital | AU$5.56 Million | AU$14.54 Million | AU$14.31 Million |
Redflow Ltd - Advanced Valuation Insights
This section examines the relationship between Redflow 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 | 3.46 |
| Latest Market Cap to Assets Ratio | 1.30 |
| Asset Growth Rate (YoY) | -18.7% |
| Total Assets | AU$13.90 Million |
| Market Capitalization | $18.14 Million USD |
Valuation Analysis
Above Book Valuation: The market values Redflow Ltd's assets above their book value (1.30x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Redflow Ltd's assets decreased by 18.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Redflow Ltd (2008–2023)
The table below shows the annual total assets of Redflow Ltd from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-06-30 | AU$13.90 Million ≈ $9.84 Million |
-18.68% |
| 2022-06-30 | AU$17.10 Million ≈ $12.10 Million |
+1.34% |
| 2021-06-30 | AU$16.87 Million ≈ $11.94 Million |
+53.67% |
| 2020-06-30 | AU$10.98 Million ≈ $7.77 Million |
-47.32% |
| 2019-06-30 | AU$20.84 Million ≈ $14.75 Million |
-13.97% |
| 2018-06-30 | AU$24.23 Million ≈ $17.14 Million |
+136.32% |
| 2017-06-30 | AU$10.25 Million ≈ $7.25 Million |
-39.63% |
| 2016-06-30 | AU$16.98 Million ≈ $12.02 Million |
-8.11% |
| 2015-06-30 | AU$18.48 Million ≈ $13.08 Million |
+51.52% |
| 2014-06-30 | AU$12.20 Million ≈ $8.63 Million |
+77.86% |
| 2013-06-30 | AU$6.86 Million ≈ $4.85 Million |
-17.70% |
| 2012-06-30 | AU$8.33 Million ≈ $5.90 Million |
-55.00% |
| 2011-06-30 | AU$18.51 Million ≈ $13.10 Million |
-22.31% |
| 2010-06-30 | AU$23.83 Million ≈ $16.86 Million |
+1950.36% |
| 2009-06-30 | AU$1.16 Million ≈ $822.43K |
+21.20% |
| 2008-06-30 | AU$959.00K ≈ $678.55K |
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About Redflow Ltd
RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte batteries worldwide. It offers ZBM3 flow battery; quadpod and energy pods, scalable energy storage solutions; and battery management systems. The company's batteries are used in telecommunications, commercial and industrial, grid-scale, and residential applications. RedFlow Limited was founded in 2005 and is headqu… Read more