Adacel Tech Ltd

AU:ADA Australia Software - Application
Market Cap
$22.33 Million
AU$36.07 Million AUD
Market Cap Rank
#28153 Global
#721 in Australia
Share Price
AU$0.48
Change (1 day)
+0.00%
52-Week Range
AU$0.48 - AU$0.48
All Time High
AU$2.52
Categories
Companies in Australia Software - Application Technology AI & Machine Learning
About

Adacel Technologies Limited provides air traffic management, air traffic control simulation, and training systems and services in the United States, Canada, Australia, and Estonia. It operates through Systems and Services segments. The Systems segment is involved in the sale of complex systems and products for operational control, and simulation and training, as well as the sale of hardware and s… Read more

Adacel Tech Ltd (ADA) - Net Assets

Latest net assets as of June 2024: AU$5.31 Million AUD

Based on the latest financial reports, Adacel Tech Ltd (ADA) has net assets worth AU$5.31 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$26.10 Million) and total liabilities (AU$20.79 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$5.31 Million
% of Total Assets 20.34%
Annual Growth Rate -4.84%
5-Year Change -65.47%
10-Year Change -47.36%
Growth Volatility 43.78

Adacel Tech Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Adacel Tech Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Adacel Tech Ltd (1998–2024)

The table below shows the annual net assets of Adacel Tech Ltd from 1998 to 2024.

Year Net Assets Change
2024-06-30 AU$5.31 Million -67.22%
2023-06-30 AU$16.19 Million +25.56%
2022-06-30 AU$12.90 Million -34.11%
2021-06-30 AU$19.57 Million +27.31%
2020-06-30 AU$15.37 Million +21.81%
2019-06-30 AU$12.62 Million -46.26%
2018-06-30 AU$23.48 Million -13.41%
2017-06-30 AU$27.12 Million +23.26%
2016-06-30 AU$22.00 Million +118.21%
2015-06-30 AU$10.08 Million +22.20%
2014-06-30 AU$8.25 Million -21.58%
2013-06-30 AU$10.52 Million -7.70%
2012-06-30 AU$11.40 Million +51.82%
2011-06-30 AU$7.51 Million -44.50%
2010-06-30 AU$13.53 Million -8.31%
2009-06-30 AU$14.76 Million +25.15%
2008-06-30 AU$11.79 Million -3.25%
2007-06-30 AU$12.19 Million +33.21%
2006-06-30 AU$9.15 Million +85.13%
2005-06-30 AU$4.94 Million -31.63%
2004-06-30 AU$7.23 Million -69.27%
2003-06-30 AU$23.52 Million +28.98%
2002-06-30 AU$18.24 Million -15.20%
2001-06-30 AU$21.51 Million -38.04%
2000-06-30 AU$34.71 Million +52.04%
1999-06-30 AU$22.83 Million +18.48%
1998-06-30 AU$19.27 Million --

Equity Component Analysis

This analysis shows how different components contribute to Adacel Tech Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 4088116800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$53.10 Million 1000.42%
Other Comprehensive Income AU$-6.92 Million -130.40%
Other Components AU$8.66K 0.16%
Total Equity AU$5.31 Million 100.00%

Adacel Tech Ltd Competitors by Market Cap

The table below lists competitors of Adacel Tech Ltd ranked by their market capitalization.

Company Market Cap
PT Matahari Putra Prima Tbk
F:LU6A
 		$10.92 Million
Avante Logixx Inc
PINK:ALXXF
 		$10.92 Million
Avoca LLC
PINK:AVOA
 		$10.92 Million
Boa Concept SA
PA:ALBOA
 		$10.92 Million
Avertronics
TWO:3597
 		$10.91 Million
Gurktaler Aktiengesellschaft
VI:GAGV
 		$10.90 Million
Polylite Taiwan Co Ltd
TWO:1813
 		$10.90 Million
Papago Inc.
TWO:3632
 		$10.89 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Adacel Tech Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 16,191,097 to 5,308,000, a change of -10,883,097 (-67.2%).
  • Net loss of 4,405,000 reduced equity.
  • Dividend payments of 733,000 reduced retained earnings.
  • Other comprehensive income increased equity by 2,980,049.
  • Other factors decreased equity by 8,725,146.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-4.41 Million -82.99%
Dividends Paid AU$733.00K -13.81%
Other Comprehensive Income AU$2.98 Million +56.14%
Other Changes AU$-8.73 Million -164.38%
Total Change AU$- -67.22%

Book Value vs Market Value Analysis

This analysis compares Adacel Tech Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 6.82x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.59x to 6.82x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-06-30 AU$0.80 AU$0.48 x
1999-06-30 AU$0.59 AU$0.48 x
2000-06-30 AU$0.83 AU$0.48 x
2001-06-30 AU$0.45 AU$0.48 x
2002-06-30 AU$0.35 AU$0.48 x
2003-06-30 AU$0.43 AU$0.48 x
2004-06-30 AU$0.11 AU$0.48 x
2005-06-30 AU$0.07 AU$0.48 x
2006-06-30 AU$0.10 AU$0.48 x
2007-06-30 AU$0.14 AU$0.48 x
2008-06-30 AU$0.14 AU$0.48 x
2009-06-30 AU$0.18 AU$0.48 x
2010-06-30 AU$0.16 AU$0.48 x
2011-06-30 AU$0.09 AU$0.48 x
2012-06-30 AU$0.14 AU$0.48 x
2013-06-30 AU$0.13 AU$0.48 x
2014-06-30 AU$0.10 AU$0.48 x
2015-06-30 AU$0.13 AU$0.48 x
2016-06-30 AU$0.26 AU$0.48 x
2017-06-30 AU$0.33 AU$0.48 x
2018-06-30 AU$0.29 AU$0.48 x
2019-06-30 AU$0.16 AU$0.48 x
2020-06-30 AU$0.20 AU$0.48 x
2021-06-30 AU$0.25 AU$0.48 x
2022-06-30 AU$0.18 AU$0.48 x
2023-06-30 AU$0.21 AU$0.48 x
2024-06-30 AU$0.07 AU$0.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Adacel Tech Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -82.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -14.22%
  • • Asset Turnover: 1.19x
  • • Equity Multiplier: 4.92x
  • Recent ROE (-82.99%) is below the historical average (-10.88%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 6.11% 0.00% 0.00x 1.09x AU$-750.51K
1999 7.44% 0.00% 0.00x 1.15x AU$-583.50K
2000 2.84% 3.19% 0.74x 1.20x AU$-2.49 Million
2001 -65.18% -50.24% 0.86x 1.51x AU$-16.17 Million
2002 -36.51% -16.57% 1.39x 1.59x AU$-8.48 Million
2003 -10.51% -3.96% 1.47x 1.81x AU$-4.82 Million
2004 -226.84% -42.20% 1.42x 3.78x AU$-17.12 Million
2005 -141.18% -24.60% 1.52x 3.78x AU$-7.47 Million
2006 40.06% 9.36% 1.82x 2.35x AU$2.75 Million
2007 17.90% 7.21% 1.54x 1.61x AU$962.85K
2008 14.69% 4.87% 1.59x 1.89x AU$552.62K
2009 37.17% 12.29% 1.87x 1.62x AU$4.01 Million
2010 -18.29% -6.28% 1.60x 1.82x AU$-3.83 Million
2011 -42.13% -7.94% 1.91x 2.78x AU$-3.91 Million
2012 39.52% 11.42% 1.56x 2.22x AU$3.36 Million
2013 7.02% 2.59% 1.34x 2.02x AU$-313.11K
2014 -26.09% -6.90% 1.69x 2.24x AU$-2.98 Million
2015 29.91% 9.38% 1.52x 2.10x AU$2.01 Million
2016 45.51% 19.24% 1.49x 1.59x AU$7.19 Million
2017 27.40% 16.80% 1.12x 1.45x AU$4.53 Million
2018 27.07% 12.14% 1.32x 1.68x AU$3.89 Million
2019 -21.37% -6.52% 1.49x 2.20x AU$-3.96 Million
2020 23.64% 9.15% 1.01x 2.55x AU$2.10 Million
2021 28.14% 13.71% 0.97x 2.12x AU$3.55 Million
2022 23.49% 12.48% 0.97x 1.94x AU$1.87 Million
2023 -0.47% -0.28% 0.76x 2.18x AU$-1.70 Million
2024 -82.99% -14.22% 1.19x 4.92x AU$-4.94 Million

Industry Comparison

This section compares Adacel Tech Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $17,558,078
  • Average return on equity (ROE) among peers: -171.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Adacel Tech Ltd (ADA) AU$5.31 Million 6.11% 3.92x $10.91 Million
One Click Group Ltd (1CG) $3.18 Million -217.18% 0.32x $5.25 Million
Thrive Tribe Technologies Ltd (1TT) $118.58K -1191.23% 2.04x $300.18K
Pointerra Ltd (3DP) $-405.80K 0.00% 0.00x $12.42 Million
8COMMON Ltd (8CO) $6.31 Million 6.08% 0.27x $1.47 Million
Aeeris Ltd (AER) $584.79K -43.08% 0.80x $1.76 Million
Aerometrex Ltd (AMX) $37.60 Million -0.78% 0.33x $5.49 Million
Assetowl Ltd (AO1) $2.71 Million -52.24% 0.05x $577.74K
Bridge Saas Ltd (BGE) $1.93 Million -58.39% 1.02x $176.99K
Bravura Solutions Ltd (BVS) $105.98 Million 13.61% 0.72x $394.35 Million