Rinnai Corp
Rinnai Corp operates in various business sectors.
Rinnai Corp (RINIY) - Total Assets
Latest total assets as of March 2024: $577.09 Billion USD
Based on the latest financial reports, Rinnai Corp (RINIY) holds total assets worth $577.09 Billion USD as of March 2024.
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.
Rinnai Corp - Total Assets Trend (2019–2024)
This chart illustrates how Rinnai Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rinnai Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
Rinnai Corp's total assets of $577.09 Billion consist of 59.2% current assets and 40.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 25.6% |
| Accounts Receivable | $91.69 Billion | 15.9% |
| Inventory | $81.65 Billion | 14.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Rinnai 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: Rinnai Corp's current assets represent 59.2% of total assets in 2024, a decrease from 65.2% in 2019.
- Cash Position: Cash and equivalents constituted 25.6% of total assets in 2024, down from 32.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 15.9% of total assets.
Rinnai Corp Competitors by Total Assets
Key competitors of Rinnai Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Rinnai 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 - Rinnai Corp generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Rinnai Corp generates $ 4.62 in net profit.
Rinnai 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 | 3.19 | 3.03 | 2.60 |
| Quick Ratio | 2.43 | 2.20 | 2.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $234.55 Billion | $ 228.65 Billion | $ 146.10 Billion |
Rinnai Corp - Advanced Valuation Insights
This section examines the relationship between Rinnai 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.5% |
| Total Assets | $577.09 Billion |
| Market Capitalization | $119.36K USD |
Valuation Analysis
Below Book Valuation: The market values Rinnai Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Rinnai Corp's assets grew by 5.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Rinnai Corp (2019–2024)
The table below shows the annual total assets of Rinnai Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $577.09 Billion | +5.48% |
| 2023-03-31 | $547.11 Billion | +6.68% |
| 2022-03-31 | $512.87 Billion | +3.13% |
| 2021-03-31 | $497.29 Billion | +10.39% |
| 2020-03-31 | $450.49 Billion | +4.55% |
| 2019-03-31 | $430.88 Billion | -- |