Workforce Holdings Ltd
Workforce Holdings Limited, an investment holding company, provides human capital solutions in South Africa, Mozambique, Botswana, Namibia, Rwanda, Zambia, Tanzania, Botswana, Uganda, Scotland, Mauritius, and South America. It operates through four segments: Staffing and Outsourcing, Training and Education, Financial Services, and Healthcare. The company offers temporary employment, functional ou… Read more
Workforce Holdings Ltd (WKF) - Total Assets
Latest total assets as of June 2024: ZAC1.60 Billion ZAC
Based on the latest financial reports, Workforce Holdings Ltd (WKF) holds total assets worth ZAC1.60 Billion ZAC as of June 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.
Workforce Holdings Ltd - Total Assets Trend (2008–2023)
This chart illustrates how Workforce Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Workforce Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Workforce Holdings Ltd's total assets of ZAC1.60 Billion consist of 65.4% current assets and 34.6% non-current assets.
| Asset Category | Amount (ZAC) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 7.2% |
| Accounts Receivable | ZAC922.26 Million | 58.1% |
| Inventory | ZAC2.19 Million | 0.1% |
| Property, Plant & Equipment | ZAC0.00 | 0.0% |
| Intangible Assets | ZAC70.89 Million | 4.5% |
| Goodwill | ZAC253.41 Million | 16.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Workforce 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: Workforce Holdings Ltd's current assets represent 65.4% of total assets in 2023, a decrease from 81.3% in 2008.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2023, down from 8.7% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 13.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 58.1% of total assets.
Workforce Holdings Ltd Competitors by Total Assets
Key competitors of Workforce Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SaraminHR Co.Ltd
KQ:143240
|
Korea | ₩225.33 Billion |
|
Beijing Career International Co Ltd
SHE:300662
|
China | CN¥4.26 Billion |
|
104 Corporation
TW:3130
|
Taiwan | NT$3.68 Billion |
|
DLSI
PA:ALDLS
|
France | €124.92 Million |
|
Beijing Urban Rural Commercial Group Co Ltd
SHG:600861
|
China | CN¥16.34 Billion |
|
Amadeus Fire AG
XETRA:AAD
|
Germany | €362.83 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
India | ₹2.22 Billion |
|
Ace Integrated Solutions Limited
NSE:ACEINTEG
|
India | ₹176.50 Million |
Workforce 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
Strong asset utilization - Workforce Holdings Ltd generates 2.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Workforce Holdings Ltd is currently not profitable relative to its asset base.
Workforce 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 | 1.70 | 1.93 | 1.97 |
| Quick Ratio | 1.70 | 1.93 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ZAC423.65 Million | ZAC 524.51 Million | ZAC 392.03 Million |
Workforce Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Workforce 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 | 0.39 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -4.7% |
| Total Assets | ZAC1.59 Billion |
| Market Capitalization | $155.79K USD |
Valuation Analysis
Below Book Valuation: The market values Workforce Holdings Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Workforce Holdings Ltd's assets decreased by 4.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Workforce Holdings Ltd (2008–2023)
The table below shows the annual total assets of Workforce Holdings Ltd from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ZAC1.59 Billion | -4.74% |
| 2022-12-31 | ZAC1.67 Billion | +14.32% |
| 2021-12-31 | ZAC1.46 Billion | +12.11% |
| 2020-12-31 | ZAC1.30 Billion | +1.59% |
| 2019-12-31 | ZAC1.28 Billion | +12.81% |
| 2018-12-31 | ZAC1.13 Billion | +13.86% |
| 2017-12-31 | ZAC996.16 Million | +12.29% |
| 2016-12-31 | ZAC887.15 Million | +29.03% |
| 2015-12-31 | ZAC687.53 Million | +22.14% |
| 2014-12-31 | ZAC562.90 Million | +5.65% |
| 2013-12-31 | ZAC532.80 Million | +2.36% |
| 2012-12-31 | ZAC520.49 Million | +16.12% |
| 2011-12-31 | ZAC448.24 Million | +13.99% |
| 2010-12-31 | ZAC393.25 Million | +3.13% |
| 2009-12-31 | ZAC381.31 Million | +1.12% |
| 2008-12-31 | ZAC377.10 Million | -- |