Ryde Group Ltd.
Ryde Group Ltd engages in the provision of mobility and quick commerce solutions in Singapore. The company offers on-demand and scheduled carpooling and ride-hailing services; matching riders to its driver partners; and on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top up by card and to pay by Ryde… Read more
Ryde Group Ltd. (RYDE) - Total Assets
Latest total assets as of September 2025: $7.26 Million USD
Based on the latest financial reports, Ryde Group Ltd. (RYDE) holds total assets worth $7.26 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.
Ryde Group Ltd. - Total Assets Trend (2021–2024)
This chart illustrates how Ryde Group Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ryde Group Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Ryde Group Ltd.'s total assets of $7.26 Million consist of 90.1% current assets and 9.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 60.8% |
| Accounts Receivable | $154.00K | 1.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $741.00K | 8.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Ryde Group 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: Ryde Group Ltd.'s current assets represent 90.1% of total assets in 2024, a decrease from 121.1% in 2021.
- Cash Position: Cash and equivalents constituted 60.8% of total assets in 2024, down from 104.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 12.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 8.2% of total assets.
Ryde Group Ltd. Competitors by Total Assets
Key competitors of Ryde Group Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Ryde Group 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 - Ryde Group Ltd. generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ryde Group Ltd. is currently not profitable relative to its asset base.
Ryde Group 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 | 0.90 | 1.60 | 0.89 |
| Quick Ratio | 0.90 | 1.60 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-487.00K | $ 3.06 Million | $ -343.72K |
Ryde Group Ltd. - Advanced Valuation Insights
This section examines the relationship between Ryde Group 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 | 20.77 |
| Latest Market Cap to Assets Ratio | 1.94 |
| Asset Growth Rate (YoY) | 74.8% |
| Total Assets | $9.08 Million |
| Market Capitalization | $17.60 Million USD |
Valuation Analysis
Above Book Valuation: The market values Ryde Group Ltd.'s assets above their book value (1.94 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Ryde Group Ltd.'s assets grew by 74.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ryde Group Ltd. (2021–2024)
The table below shows the annual total assets of Ryde Group Ltd. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.08 Million | +74.79% |
| 2023-12-31 | $5.20 Million | +61.24% |
| 2022-12-31 | $3.22 Million | +17.76% |
| 2021-12-31 | $2.74 Million | -- |