Readly International AB (READ) - Total Assets
Based on the latest financial reports, Readly International AB (READ) holds total assets worth Skr293.80 Million SEK (≈ $31.62 Million USD) as of December 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. See what is Readly International AB's book value for net asset value and shareholders' equity analysis.
Readly International AB - Total Assets Trend (2016–2024)
This chart illustrates how Readly International AB's total assets have evolved over time, based on quarterly financial data.
Readly International AB - Asset Composition Analysis
Current Asset Composition (December 2024)
Readly International AB's total assets of Skr293.80 Million consist of 47.4% current assets and 52.6% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 35.9% |
| Accounts Receivable | Skr11.62 Million | 4.0% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr48.52 Million | 16.5% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Readly International AB'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 READ stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Readly International AB's current assets represent 47.4% of total assets in 2024, an increase from 46.1% in 2016.
- Cash Position: Cash and equivalents constituted 35.9% of total assets in 2024, up from 33.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 16.5% of total assets.
Readly International AB Competitors by Total Assets
Key competitors of Readly International AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Frontier Digital Ventures Ltd
AU:FDV
|
Australia | AU$145.59 Million |
|
Sportshero Ltd
AU:SHO
|
Australia | AU$193.18K |
|
Artmarket.com SA
PA:PRC
|
France | €36.42 Million |
|
Camplify Holdings Ltd
AU:CHL
|
Australia | AU$77.20 Million |
|
Domain Holdings Australia Ltd
AU:DHG
|
Australia | AU$1.49 Billion |
|
National World PLC
LSE:NWOR
|
UK | GBX60.30 Million |
|
REA Group Ltd
AU:REA
|
Australia | AU$2.83 Billion |
|
CAR Group Ltd
AU:CAR
|
Australia | AU$4.78 Billion |
Readly International AB - 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 | 0.63 | 0.60 | 1.21 |
| Quick Ratio | 0.63 | 0.60 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-83.44 Million | Skr-96.92 Million | Skr25.61 Million |
Readly International AB - Advanced Valuation Insights
This section examines the relationship between Readly International AB'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 | 22.77 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | -0.2% |
| Total Assets | Skr293.80 Million |
| Market Capitalization | $171.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Readly International AB's assets below their book value (0.58x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Readly International AB's assets decreased by 0.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Readly International AB (2016–2024)
The table below shows the annual total assets of Readly International AB from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr293.80 Million ≈ $31.62 Million |
-0.15% |
| 2023-12-31 | Skr294.25 Million ≈ $31.67 Million |
-23.19% |
| 2022-12-31 | Skr383.09 Million ≈ $41.23 Million |
-24.52% |
| 2021-12-31 | Skr507.51 Million ≈ $54.62 Million |
-11.91% |
| 2020-12-31 | Skr576.13 Million ≈ $62.00 Million |
+225.58% |
| 2019-12-31 | Skr176.96 Million ≈ $19.04 Million |
+30.62% |
| 2018-12-31 | Skr135.47 Million ≈ $14.58 Million |
+31.69% |
| 2017-12-31 | Skr102.87 Million ≈ $11.07 Million |
+218.86% |
| 2016-12-31 | Skr32.26 Million ≈ $3.47 Million |
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About Readly International AB
Readly International AB (publ) provides digital subscription services for magazines and newspapers in Sweden, Germany, the United Kingdom, and internationally. The company offers national and international magazines and newspapers to its customers, as well as digital gift cards. It also provides titles from publishers. The company was incorporated in 2012 and is headquartered in Stockholm, Sweden.