Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through Wagering and Media, and Gaming Services segments. The Wagering and Media segment offers through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone. It also provides Trackside, a computer simulate racing product; and international wagering and pooling services. In addition, the company engages in the Sky Racing televis… Read more
Tabcorp Holdings Ltd (TAH) - Total Assets
Latest total assets as of December 2024: AU$3.31 Billion AUD
Based on the latest financial reports, Tabcorp Holdings Ltd (TAH) holds total assets worth AU$3.31 Billion AUD 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.
Tabcorp Holdings Ltd - Total Assets Trend (1995–2024)
This chart illustrates how Tabcorp Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tabcorp Holdings Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Tabcorp Holdings Ltd's total assets of AU$3.31 Billion consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 9.3% |
| Accounts Receivable | AU$160.90 Million | 4.8% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$1.55 Billion | 45.9% |
| Goodwill | AU$988.00 Million | 29.2% |
Asset Composition Trend (1995–2024)
This chart illustrates how Tabcorp 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: Tabcorp Holdings Ltd's current assets represent 16.9% of total assets in 2024, an increase from 11.4% in 1995.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 10.4% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 74.0% of total assets, an increase from 71.0% in 1995.
- Asset Diversification: The largest asset category is intangible assets at 45.9% of total assets.
Tabcorp Holdings Ltd Competitors by Total Assets
Key competitors of Tabcorp Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RGB International Bhd
KLSE:0037
|
Malaysia | RM683.09 Million |
|
Sports Toto Berhad
KLSE:1562
|
Malaysia | RM3.98 Billion |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
Germany | €366.05 Billion |
|
Olympia Industries Bhd
KLSE:3018
|
Malaysia | RM561.48 Million |
|
Magnum Bhd
KLSE:3859
|
Malaysia | RM3.52 Billion |
|
Apple iSports Group Inc
OTCQB:AAPI
|
USA | $327.57K |
|
Accel Entertainment Inc
NYSE:ACEL
|
USA | $1.05 Billion |
|
Acroud AB
ST:ACROUD
|
Sweden | Skr39.97 Million |
Tabcorp Holdings Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Tabcorp Holdings Ltd generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tabcorp Holdings Ltd is currently not profitable relative to its asset base.
Tabcorp Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.69 | 0.94 | 0.51 |
| Quick Ratio | 0.69 | 0.94 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-219.00 Million | AU$ -38.40 Million | AU$ -765.10 Million |
Tabcorp Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Tabcorp 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 | 1.20 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -16.5% |
| Total Assets | AU$3.39 Billion |
| Market Capitalization | $962.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tabcorp Holdings Ltd's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tabcorp Holdings Ltd's assets decreased by 16.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tabcorp Holdings Ltd (1995–2024)
The table below shows the annual total assets of Tabcorp Holdings Ltd from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$3.39 Billion | -16.46% |
| 2023-06-30 | AU$4.05 Billion | +0.09% |
| 2022-06-30 | AU$4.05 Billion | -65.88% |
| 2021-06-30 | AU$11.87 Billion | -4.42% |
| 2020-06-30 | AU$12.42 Billion | -8.86% |
| 2019-06-30 | AU$13.62 Billion | +5.27% |
| 2018-06-30 | AU$12.94 Billion | +245.93% |
| 2017-06-30 | AU$3.74 Billion | +13.26% |
| 2016-06-30 | AU$3.30 Billion | -2.40% |
| 2015-06-30 | AU$3.38 Billion | +8.98% |
| 2014-06-30 | AU$3.11 Billion | -1.26% |
| 2013-06-30 | AU$3.14 Billion | -3.21% |
| 2012-06-30 | AU$3.25 Billion | +14.46% |
| 2011-06-30 | AU$2.84 Billion | -56.04% |
| 2010-06-30 | AU$6.46 Billion | +1.87% |
| 2009-06-30 | AU$6.34 Billion | +3.56% |
| 2008-06-30 | AU$6.12 Billion | -8.99% |
| 2007-06-30 | AU$6.73 Billion | -0.43% |
| 2006-06-30 | AU$6.76 Billion | +4.18% |
| 2005-06-30 | AU$6.48 Billion | +49.21% |
| 2004-06-30 | AU$4.35 Billion | +81.12% |
| 2003-06-30 | AU$2.40 Billion | -0.59% |
| 2002-06-30 | AU$2.41 Billion | -3.53% |
| 2001-06-30 | AU$2.50 Billion | -2.69% |
| 2000-06-30 | AU$2.57 Billion | +188.36% |
| 1999-06-30 | AU$891.64 Million | -0.29% |
| 1998-06-30 | AU$894.25 Million | +3.29% |
| 1997-06-30 | AU$865.79 Million | -0.19% |
| 1996-06-30 | AU$867.41 Million | +3.63% |
| 1995-06-30 | AU$837.03 Million | -- |