Reckon Ltd
Reckon Limited provides software solutions in Australia, New Zealand, the United States, and internationally. The company offers Reckon One, an software as a service cloud-based accounting and payroll software platform, which includes mobile app functionality for small businesses; Reckon Payroll, a cloud payroll software for employee self-service; Reckon invoice to create and send online invoices… Read more
Reckon Ltd (RKN) - Total Assets
Latest total assets as of June 2025: AU$57.06 Million AUD
Based on the latest financial reports, Reckon Ltd (RKN) holds total assets worth AU$57.06 Million AUD as of June 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.
Reckon Ltd - Total Assets Trend (1997–2024)
This chart illustrates how Reckon Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reckon Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Reckon Ltd's total assets of AU$57.06 Million consist of 12.4% current assets and 87.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$986.00K | 2.1% |
| Accounts Receivable | AU$2.68 Million | 5.8% |
| Inventory | AU$280.00K | 0.6% |
| Property, Plant & Equipment | AU$3.53 Million | 7.6% |
| Intangible Assets | AU$29.92 Million | 64.5% |
| Goodwill | AU$3.43 Million | 7.4% |
Asset Composition Trend (1997–2024)
This chart illustrates how Reckon 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: Reckon Ltd's current assets represent 12.4% of total assets in 2024, a decrease from 100.0% in 1997.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, down from 96.2% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 71.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is intangible assets at 64.5% of total assets.
Reckon Ltd Competitors by Total Assets
Key competitors of Reckon 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 |
Reckon 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 - Reckon Ltd generates 1.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Reckon Ltd generates $9.53 in net profit.
Reckon Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.31 | 0.37 | 0.73 |
| Quick Ratio | 0.29 | 0.35 | 0.65 |
| Cash Ratio | 0.05 | 0.07 | 0.16 |
| Working Capital | AU$-11.46 Million | AU$ -7.99 Million | AU$ -4.53 Million |
Reckon Ltd - Advanced Valuation Insights
This section examines the relationship between Reckon 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 | 2.24 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | 12.6% |
| Total Assets | AU$46.40 Million |
| Market Capitalization | $23.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Reckon Ltd's assets below their book value (0.50 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Reckon Ltd's assets grew by 12.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Reckon Ltd (1997–2024)
The table below shows the annual total assets of Reckon Ltd from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$46.40 Million | +12.60% |
| 2023-12-31 | AU$41.21 Million | +3.16% |
| 2022-12-31 | AU$39.94 Million | -44.42% |
| 2021-12-31 | AU$71.87 Million | -13.45% |
| 2020-12-31 | AU$83.04 Million | -2.78% |
| 2019-12-31 | AU$85.42 Million | +4.28% |
| 2018-12-31 | AU$81.91 Million | -4.27% |
| 2017-12-31 | AU$85.57 Million | -28.53% |
| 2016-12-31 | AU$119.72 Million | +7.72% |
| 2015-12-31 | AU$111.14 Million | +6.98% |
| 2014-12-31 | AU$103.89 Million | +3.16% |
| 2013-12-31 | AU$100.71 Million | +13.98% |
| 2012-12-31 | AU$88.36 Million | +24.68% |
| 2011-12-31 | AU$70.86 Million | +4.91% |
| 2010-12-31 | AU$67.55 Million | +5.02% |
| 2009-12-31 | AU$64.32 Million | +26.09% |
| 2008-12-31 | AU$51.01 Million | +11.69% |
| 2007-12-31 | AU$45.67 Million | +12.13% |
| 2006-12-31 | AU$40.73 Million | -0.40% |
| 2005-12-31 | AU$40.90 Million | +13.53% |
| 2004-12-31 | AU$36.02 Million | +67.33% |
| 2003-12-31 | AU$21.53 Million | +37.41% |
| 2002-12-31 | AU$15.66 Million | +7.88% |
| 2001-12-31 | AU$14.52 Million | -14.03% |
| 2000-12-31 | AU$16.89 Million | -55.53% |
| 1999-12-31 | AU$37.98 Million | -9.58% |
| 1997-12-31 | AU$42.01 Million | -- |