Redfin Corp
Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates, sells, and services mortgages. In addition, the company uses digital pla… Read more
Redfin Corp (RDFN) - Total Assets
Latest total assets as of March 2025: $1.08 Billion USD
Based on the latest financial reports, Redfin Corp (RDFN) holds total assets worth $1.08 Billion USD as of March 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.
Redfin Corp - Total Assets Trend (2015–2024)
This chart illustrates how Redfin Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Redfin Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Redfin Corp's total assets of $1.08 Billion consist of 37.1% current assets and 62.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.3% |
| Accounts Receivable | $48.73 Million | 4.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $99.54 Million | 9.8% |
| Goodwill | $461.35 Million | 45.6% |
Asset Composition Trend (2015–2024)
This chart illustrates how Redfin Corp'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: Redfin Corp's current assets represent 37.1% of total assets in 2024, a decrease from 82.4% in 2015.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, down from 68.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 54.0% of total assets, an increase from 10.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 45.6% of total assets.
Redfin Corp Competitors by Total Assets
Key competitors of Redfin Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Redfin Corp - 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 - Redfin Corp generates 1.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Redfin Corp is currently not profitable relative to its asset base.
Redfin Corp - 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 | 1.16 | 1.33 | 4.21 |
| Quick Ratio | 1.16 | 1.36 | 4.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $63.33 Million | $ 93.75 Million | $ 447.38 Million |
Redfin Corp - Advanced Valuation Insights
This section examines the relationship between Redfin Corp'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 | 269.90 |
| Latest Market Cap to Assets Ratio | 1.36 |
| Asset Growth Rate (YoY) | -12.2% |
| Total Assets | $1.01 Billion |
| Market Capitalization | $1.37 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Redfin Corp's assets above their book value (1.36 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Redfin Corp's assets decreased by 12.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Redfin Corp (2015–2024)
The table below shows the annual total assets of Redfin Corp from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.01 Billion | -12.24% |
| 2023-12-31 | $1.15 Billion | -26.72% |
| 2022-12-31 | $1.57 Billion | -22.15% |
| 2021-12-31 | $2.02 Billion | +48.62% |
| 2020-12-31 | $1.36 Billion | +128.19% |
| 2019-12-31 | $596.21 Million | +9.84% |
| 2018-12-31 | $542.82 Million | +92.52% |
| 2017-12-31 | $281.95 Million | +111.24% |
| 2016-12-31 | $133.48 Million | +6.74% |
| 2015-12-31 | $125.05 Million | -- |