Redfin Corp (RDFN) - 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. Check Redfin Corp investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 Redfin Corp (RDFN) long-term investment share to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see how much is Redfin Corp worth.
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 |
|---|---|---|
|
Plaza S.A
SN:MALLPLAZA
|
Chile | CL$7.71 Trillion |
|
Cencosud Shopping SA
SN:CENCOMALLS
|
Chile | CL$4.38 Trillion |
|
Kojamo
HE:KOJAMO
|
Finland | €7.68 Billion |
|
Olav Thon Eien
OL:OLT
|
Norway | Nkr65.69 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
Sweden | Skr74.97 Billion |
|
Afi Properties Ltd
TA:AFPR
|
Israel | ILA23.60 Billion |
|
Argo Properties NV
TA:ARGO
|
Israel | ILA839.37 Million |
|
Deutsche EuroShop AG
F:DEQ
|
Germany | €4.60 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