Austal Ltd (ASB) - Net Assets
Based on the latest financial reports, Austal Ltd (ASB) has net assets worth AU$1.31 Billion AUD (≈ $925.96 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.95 Billion ≈ $2.08 Billion USD) and total liabilities (AU$1.64 Billion ≈ $1.16 Billion USD). 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. Check Austal Ltd (ASB) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.31 Billion |
| % of Total Assets | 44.43% |
| Annual Growth Rate | 18.24% |
| 5-Year Change | 56.0% |
| 10-Year Change | 186.01% |
| Growth Volatility | 643.03 |
Austal Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Austal Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Austal Ltd (ASB) total assets for the complete picture of this company's asset base.
Annual Net Assets for Austal Ltd (1996–2025)
The table below shows the annual net assets of Austal Ltd from 1996 to 2025. For live valuation and market cap data, see market value of Austal Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.31 Billion ≈ $925.96 Million |
+30.26% |
| 2024-06-30 | AU$1.00 Billion ≈ $710.86 Million |
-4.27% |
| 2023-06-30 | AU$1.05 Billion ≈ $742.55 Million |
+3.13% |
| 2022-06-30 | AU$1.02 Billion ≈ $720.01 Million |
+21.30% |
| 2021-06-30 | AU$838.87 Million ≈ $593.55 Million |
+4.49% |
| 2020-06-30 | AU$802.79 Million ≈ $568.02 Million |
+27.27% |
| 2019-06-30 | AU$630.78 Million ≈ $446.32 Million |
+15.62% |
| 2018-06-30 | AU$545.58 Million ≈ $386.03 Million |
+19.40% |
| 2017-06-30 | AU$456.91 Million ≈ $323.30 Million |
-0.14% |
| 2016-06-30 | AU$457.55 Million ≈ $323.75 Million |
-10.70% |
| 2015-06-30 | AU$512.40 Million ≈ $362.55 Million |
+18.27% |
| 2014-06-30 | AU$433.23 Million ≈ $306.54 Million |
+6.40% |
| 2013-06-30 | AU$407.19 Million ≈ $288.11 Million |
+46.97% |
| 2012-06-30 | AU$277.05 Million ≈ $196.03 Million |
+1.05% |
| 2011-06-30 | AU$274.17 Million ≈ $193.99 Million |
+1.78% |
| 2010-06-30 | AU$269.37 Million ≈ $190.59 Million |
+14.27% |
| 2009-06-30 | AU$235.74 Million ≈ $166.80 Million |
+7.77% |
| 2008-06-30 | AU$218.73 Million ≈ $154.77 Million |
+4.39% |
| 2007-06-30 | AU$209.53 Million ≈ $148.26 Million |
+11.32% |
| 2006-06-30 | AU$188.23 Million ≈ $133.19 Million |
+14.23% |
| 2005-06-30 | AU$164.78 Million ≈ $116.60 Million |
+21.32% |
| 2004-06-30 | AU$135.83 Million ≈ $96.11 Million |
+19.68% |
| 2003-06-30 | AU$113.49 Million ≈ $80.30 Million |
-15.70% |
| 2002-06-30 | AU$134.63 Million ≈ $95.26 Million |
+60.98% |
| 2001-06-30 | AU$83.63 Million ≈ $59.17 Million |
+43.05% |
| 2000-06-30 | AU$58.46 Million ≈ $41.36 Million |
+46.21% |
| 1999-06-30 | AU$39.98 Million ≈ $28.29 Million |
+3534.82% |
| 1998-06-30 | AU$1.10 Million ≈ $778.32K |
-94.55% |
| 1997-06-30 | AU$20.20 Million ≈ $14.29 Million |
+98.66% |
| 1996-06-30 | AU$10.17 Million ≈ $7.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Austal 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 grown by 3494.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$532.77 Million | 40.71% |
| Common Stock | AU$361.51 Million | 27.62% |
| Other Comprehensive Income | AU$414.38 Million | 31.66% |
| Total Equity | AU$1.31 Billion | 100.00% |
Austal Ltd Competitors by Market Cap
The table below lists competitors of Austal Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
C3 Ai Inc
NYSE:AI
|
$1.26 Billion |
|
WIZZ AIR HLDG.UNSP.ADR/4
F:WI20
|
$1.26 Billion |
|
Shin Zu Shing Co Ltd
TW:3376
|
$1.26 Billion |
|
BioGaia AB (publ)
ST:BIOG-B
|
$1.26 Billion |
|
Vijaya Diagnostic Centre Limited
NSE:VIJAYA
|
$1.26 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
$1.26 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
$1.26 Billion |
|
Lightwave Logic Inc
NASDAQ:LWLG
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Austal Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,004,665,000 to 1,308,655,000, a change of 303,990,000 (30.3%).
- Net income of 89,733,000 contributed positively to equity growth.
- Share repurchases of 215,233,000 reduced equity.
- New share issuances of 215,233,000 increased equity.
- Other comprehensive income decreased equity by 2,233,000.
- Other factors increased equity by 216,490,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$89.73 Million | +6.86% |
| Share Repurchases | AU$215.23 Million | -16.45% |
| Share Issuances | AU$215.23 Million | +16.45% |
| Other Comprehensive Income | AU$-2.23 Million | -0.17% |
| Other Changes | AU$216.49 Million | +16.54% |
| Total Change | AU$- | 30.26% |
Book Value vs Market Value Analysis
This analysis compares Austal 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: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.92x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-06-30 | AU$0.19 | AU$4.21 | x |
| 1997-06-30 | AU$0.25 | AU$4.21 | x |
| 1998-06-30 | AU$0.17 | AU$4.21 | x |
| 1999-06-30 | AU$0.25 | AU$4.21 | x |
| 2000-06-30 | AU$0.36 | AU$4.21 | x |
| 2001-06-30 | AU$0.50 | AU$4.21 | x |
| 2002-06-30 | AU$0.71 | AU$4.21 | x |
| 2003-06-30 | AU$0.59 | AU$4.21 | x |
| 2004-06-30 | AU$0.70 | AU$4.21 | x |
| 2005-06-30 | AU$0.86 | AU$4.21 | x |
| 2006-06-30 | AU$1.00 | AU$4.21 | x |
| 2007-06-30 | AU$1.12 | AU$4.21 | x |
| 2008-06-30 | AU$1.18 | AU$4.21 | x |
| 2009-06-30 | AU$1.29 | AU$4.21 | x |
| 2010-06-30 | AU$1.47 | AU$4.21 | x |
| 2011-06-30 | AU$1.49 | AU$4.21 | x |
| 2012-06-30 | AU$1.50 | AU$4.21 | x |
| 2013-06-30 | AU$1.37 | AU$4.21 | x |
| 2014-06-30 | AU$1.26 | AU$4.21 | x |
| 2015-06-30 | AU$1.48 | AU$4.21 | x |
| 2016-06-30 | AU$1.32 | AU$4.21 | x |
| 2017-06-30 | AU$1.31 | AU$4.21 | x |
| 2018-06-30 | AU$1.57 | AU$4.21 | x |
| 2019-06-30 | AU$1.78 | AU$4.21 | x |
| 2020-06-30 | AU$2.08 | AU$4.21 | x |
| 2021-06-30 | AU$2.14 | AU$4.21 | x |
| 2022-06-30 | AU$2.54 | AU$4.21 | x |
| 2023-06-30 | AU$2.62 | AU$4.21 | x |
| 2024-06-30 | AU$2.75 | AU$4.21 | x |
| 2025-06-30 | AU$3.40 | AU$4.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Austal 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): 6.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.25x
- Recent ROE (6.86%) is below the historical average (10.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 31.64% | 7.79% | 2.93x | 1.39x | AU$6.54 Million |
| 1997 | 41.42% | 10.90% | 2.15x | 1.77x | AU$12.56 Million |
| 1998 | 67.06% | 0.00% | 0.00x | 3.40x | AU$15.55 Million |
| 1999 | -1.67% | 0.00% | 0.00x | 4.09x | AU$-4.67 Million |
| 2000 | 0.09% | 0.01% | 2.58x | 2.42x | AU$-5.69 Million |
| 2001 | 0.80% | 0.35% | 0.99x | 2.34x | AU$-7.47 Million |
| 2002 | 0.84% | 0.33% | 1.44x | 1.75x | AU$-12.20 Million |
| 2003 | 4.85% | 1.83% | 1.31x | 2.02x | AU$-5.91 Million |
| 2004 | 0.31% | 0.13% | 1.23x | 1.86x | AU$-13.08 Million |
| 2005 | 0.36% | 0.19% | 1.14x | 1.69x | AU$-15.86 Million |
| 2006 | 22.03% | 10.59% | 1.12x | 1.86x | AU$22.19 Million |
| 2007 | 21.52% | 8.43% | 1.06x | 2.41x | AU$24.15 Million |
| 2008 | 23.90% | 8.63% | 1.36x | 2.04x | AU$30.40 Million |
| 2009 | 3.89% | 1.87% | 0.97x | 2.14x | AU$-14.41 Million |
| 2010 | 13.79% | 7.14% | 0.80x | 2.41x | AU$10.20 Million |
| 2011 | 7.98% | 4.35% | 0.75x | 2.46x | AU$-5.53 Million |
| 2012 | 3.99% | 1.69% | 0.79x | 2.98x | AU$-16.66 Million |
| 2013 | 8.81% | 3.99% | 0.95x | 2.32x | AU$-4.85 Million |
| 2014 | 7.29% | 2.81% | 1.23x | 2.10x | AU$-11.75 Million |
| 2015 | 10.39% | 3.76% | 1.32x | 2.09x | AU$2.01 Million |
| 2016 | -18.42% | -6.29% | 1.32x | 2.21x | AU$-130.04 Million |
| 2017 | 3.36% | 1.17% | 1.36x | 2.10x | AU$-30.34 Million |
| 2018 | 7.15% | 2.81% | 1.22x | 2.10x | AU$-15.53 Million |
| 2019 | 9.73% | 3.32% | 1.39x | 2.10x | AU$-1.69 Million |
| 2020 | 11.88% | 4.27% | 1.45x | 1.92x | AU$14.10 Million |
| 2021 | 10.47% | 5.16% | 1.08x | 1.88x | AU$3.65 Million |
| 2022 | 8.61% | 5.57% | 0.84x | 1.83x | AU$-12.86 Million |
| 2023 | -1.45% | -0.87% | 0.82x | 2.04x | AU$-108.66 Million |
| 2024 | 1.48% | 1.01% | 0.70x | 2.08x | AU$-85.59 Million |
| 2025 | 6.86% | 4.92% | 0.62x | 2.25x | AU$-41.13 Million |
Industry Comparison
This section compares Austal Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $71,608,234
- Average return on equity (ROE) among peers: -15.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Austal Ltd (ASB) | AU$1.31 Billion | 31.64% | 1.25x | $1.26 Billion |
| Droneshield Ltd (DRO) | $74.51 Million | 12.53% | 0.30x | $2.35 Billion |
| Electro Optic Systems Holdings Ltd (EOS) | $4.05 Million | -21.91% | 3.22x | $1.27 Billion |
| Highcom Ltd (HCL) | $29.79 Million | -3.99% | 0.36x | $18.54 Million |
| Orbital Corporation Ltd (OEC) | $269.52 Million | 0.00% | 0.02x | $20.59 Million |
| Quickstep Holdings Ltd (QHL) | $8.18 Million | -81.43% | 3.50x | $29.18 Million |
| Veem Ltd (VEE) | $43.60 Million | 2.90% | 0.85x | $51.40 Million |
About Austal Ltd
Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers vessel construction / shipbuilding revenue includes the design and construction of both def… Read more