Race Eco Chain Limited (RACE) - Total Assets
Based on the latest financial reports, Race Eco Chain Limited (RACE) holds total assets worth Rs2.02 Billion INR (≈ $21.83 Million USD) as of September 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. See Race Eco Chain Limited net assets for net asset value and shareholders' equity analysis.
Race Eco Chain Limited - Total Assets Trend (2009–2025)
This chart illustrates how Race Eco Chain Limited's total assets have evolved over time, based on quarterly financial data.
Race Eco Chain Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Race Eco Chain Limited's total assets of Rs2.02 Billion consist of 77.3% current assets and 22.7% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 2.9% |
| Accounts Receivable | Rs1.19 Billion | 65.5% |
| Inventory | Rs12.40 Million | 0.7% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs303.00K | 0.0% |
| Goodwill | Rs125.00K | 0.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how Race Eco Chain Limited'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 market value of Race Eco Chain Limited.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Race Eco Chain Limited's current assets represent 77.3% of total assets in 2025, a decrease from 87.4% in 2009.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2025, up from 0.2% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 65.5% of total assets.
Race Eco Chain Limited Competitors by Total Assets
Key competitors of Race Eco Chain Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gfl Environmental Holdings Inc
TO:GFL
|
Canada | CA$20.87 Billion |
|
Shanghai Environment Group Co Ltd
SHG:601200
|
China | CN¥31.51 Billion |
|
Tongxing Environmental Protection
SHE:003027
|
China | CN¥2.44 Billion |
|
Anhui Chaoyue Environmental Protection Technology Co. Ltd.
SHE:301049
|
China | CN¥1.26 Billion |
|
Scandinavian Enviro Systems AB
ST:SES
|
Sweden | Skr281.04 Million |
|
Foamit Oyj
HE:FOAMIT
|
Finland | €76.04 Million |
|
NEOMETALS LTD SP.ADS/10
F:9R91
|
Germany | €24.29 Million |
|
Cleanaway Waste Management Ltd
AU:CWY
|
Australia | AU$7.13 Billion |
Race Eco Chain Limited - 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 | 1.34 | 2.58 | 1.62 |
| Quick Ratio | 1.31 | 2.55 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rs385.59 Million | Rs552.51 Million | Rs71.67 Million |
Race Eco Chain Limited - Advanced Valuation Insights
This section examines the relationship between Race Eco Chain Limited'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 | 2.62 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 119.8% |
| Total Assets | Rs1.82 Billion |
| Market Capitalization | $22.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values Race Eco Chain Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Race Eco Chain Limited's assets grew by 119.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Race Eco Chain Limited (2009–2025)
The table below shows the annual total assets of Race Eco Chain Limited from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.82 Billion ≈ $19.72 Million |
+119.79% |
| 2024-03-31 | Rs829.61 Million ≈ $8.97 Million |
+68.69% |
| 2023-03-31 | Rs491.80 Million ≈ $5.32 Million |
+46.09% |
| 2022-03-31 | Rs336.65 Million ≈ $3.64 Million |
+4.61% |
| 2021-03-31 | Rs321.80 Million ≈ $3.48 Million |
+19.71% |
| 2020-03-31 | Rs268.82 Million ≈ $2.91 Million |
-23.72% |
| 2019-03-31 | Rs352.43 Million ≈ $3.81 Million |
-8.92% |
| 2018-03-31 | Rs386.94 Million ≈ $4.18 Million |
+60.61% |
| 2017-03-31 | Rs240.91 Million ≈ $2.61 Million |
-22.26% |
| 2016-03-31 | Rs309.89 Million ≈ $3.35 Million |
+27.11% |
| 2015-03-31 | Rs243.80 Million ≈ $2.64 Million |
-7.42% |
| 2014-03-31 | Rs263.34 Million ≈ $2.85 Million |
+35.79% |
| 2013-03-31 | Rs193.93 Million ≈ $2.10 Million |
-3.39% |
| 2012-03-31 | Rs200.73 Million ≈ $2.17 Million |
+151.47% |
| 2011-03-31 | Rs79.82 Million ≈ $863.22K |
-51.90% |
| 2010-03-31 | Rs165.94 Million ≈ $1.79 Million |
-9.43% |
| 2009-03-31 | Rs183.22 Million ≈ $1.98 Million |
-- |
About Race Eco Chain Limited
Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products, Recycle Division, Restore Division, Biomass Division, and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and ot… Read more