Step One Clothing Ltd
Step One Clothing Limited operates as a direct-to-consumer online retailer for underwear in the United Kingdom, the United States, and Australia. It offers men's and women's underwear through website, stepone.life. The company was incorporated in 2017 and is based in Sydney, Australia.
Step One Clothing Ltd (STP) - Total Assets
Latest total assets as of June 2025: AU$62.13 Million AUD
Based on the latest financial reports, Step One Clothing Ltd (STP) holds total assets worth AU$62.13 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.
Step One Clothing Ltd - Total Assets Trend (2018–2025)
This chart illustrates how Step One Clothing Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Step One Clothing Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Step One Clothing Ltd's total assets of AU$62.13 Million consist of 97.3% current assets and 2.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 29.2% |
| Accounts Receivable | AU$499.00K | 0.8% |
| Inventory | AU$25.26 Million | 40.7% |
| Property, Plant & Equipment | AU$48.00K | 0.1% |
| Intangible Assets | AU$33.00K | 0.1% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Step One Clothing 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: Step One Clothing Ltd's current assets represent 97.3% of total assets in 2025, an increase from 97.3% in 2018.
- Cash Position: Cash and equivalents constituted 29.2% of total assets in 2025, down from 67.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 40.7% of total assets.
Step One Clothing Ltd Competitors by Total Assets
Key competitors of Step One Clothing Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shinsegae Inte
KO:031430
|
Korea | ₩1.40 Trillion |
|
GRITEE Inc
KQ:204020
|
Korea | ₩147.12 Billion |
|
Daewoo SBI SPAC 1
KQ:215480
|
Korea | ₩40.73 Billion |
|
Les Enphants Co Ltd
TW:2911
|
Taiwan | NT$3.10 Billion |
|
Castelbajac Co. Ltd
KQ:308100
|
Korea | ₩114.27 Billion |
|
472850
KQ:472850
|
Korea | ₩456.35 Billion |
|
Xtep International Holdings Limited
F:4QI
|
Germany | €17.17 Billion |
|
Ningbo Peace Bird Fashion
SHG:603877
|
China | CN¥7.57 Billion |
Step One Clothing 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 - Step One Clothing Ltd generates 1.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Step One Clothing Ltd generates $ 20.36 in net profit.
Step One Clothing 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 | 6.04 | 5.52 | 1.58 |
| Quick Ratio | 3.52 | 3.81 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$50.43 Million | AU$ 50.02 Million | AU$ 3.39 Million |
Step One Clothing Ltd - Advanced Valuation Insights
This section examines the relationship between Step One Clothing 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 | 1.12 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | AU$62.13 Million |
| Market Capitalization | $7.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Step One Clothing Ltd's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Step One Clothing Ltd's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Step One Clothing Ltd (2018–2025)
The table below shows the annual total assets of Step One Clothing Ltd from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$62.13 Million | -2.12% |
| 2024-06-30 | AU$63.47 Million | -4.01% |
| 2023-06-30 | AU$66.12 Million | +4.56% |
| 2022-06-30 | AU$63.24 Million | +12.64% |
| 2021-06-30 | AU$56.14 Million | +446.37% |
| 2020-06-30 | AU$10.28 Million | +197.83% |
| 2019-06-30 | AU$3.45 Million | +531.13% |
| 2018-06-30 | AU$546.65K | -- |