Redfin Corp Total Assets
Redfin Corp total assets. 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. Also see RDFN stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Redfin Corp (2015–2024)
Total assets of Redfin Corp from 2015 to 2024. This chart illustrates how Redfin Corp's total assets have evolved over time, based on quarterly financial data. See Redfin Corp (RDFN) stock price for real-time trading data and today's change.
Redfin Corp - Asset Composition Analysis
Redfin Corp Total Assets Breakdown (December 2024)
Redfin Corp total assets breakdown as of 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. Explore RDFN working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
VONOVIA SE ADR 1/2/O.N
F:VNAA
|
Germany | €91.73 Billion |
|
Amot Investments Ltd
TA:AMOT
|
Israel | ILA22.04 Billion |
|
Entra ASA
OL:ENTRA
|
Norway | Nkr63.89 Billion |
|
China Merchants Property Operation & Service Co Ltd
SHE:001914
|
China | CN¥20.62 Billion |
|
Metropolitan Kentjana Tbk
JK:MKPI
|
Indonesia | Rp9.36 Trillion |
|
Swedish Logistic Property AB Series B
ST:SLP-B
|
Sweden | Skr19.90 Billion |
|
Argo Properties NV
TA:ARGO
|
Israel | ILA839.37 Million |
|
Summit
TA:SMT
|
Israel | ILA10.94 Billion |
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 | 1.42 |
| Asset Growth Rate (YoY) | -12.2% |
| Total Assets | $1.01 Billion |
| Market Capitalization | $1.43 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Redfin Corp's assets above their book value (1.42x), 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 | -- |
About 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