Credit Clear Ltd (CCR) - Net Assets
Based on the latest financial reports, Credit Clear Ltd (CCR) has net assets worth AU$64.28 Million AUD (≈ $45.48 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$85.36 Million ≈ $60.40 Million USD) and total liabilities (AU$21.08 Million ≈ $14.92 Million 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 Credit Clear Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$64.28 Million |
| % of Total Assets | 75.3% |
| Annual Growth Rate | 129.33% |
| 5-Year Change | 293.23% |
| 10-Year Change | N/A |
| Growth Volatility | 1302.9 |
Credit Clear Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Credit Clear Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Credit Clear Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Credit Clear Ltd (2016–2024)
The table below shows the annual net assets of Credit Clear Ltd from 2016 to 2024. For live valuation and market cap data, see Credit Clear Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$64.28 Million ≈ $45.48 Million |
+8.45% |
| 2023-12-31 | AU$59.27 Million ≈ $41.94 Million |
-3.28% |
| 2022-12-31 | AU$61.29 Million ≈ $43.36 Million |
+1.49% |
| 2021-12-31 | AU$60.39 Million ≈ $42.73 Million |
+269.42% |
| 2020-12-31 | AU$16.35 Million ≈ $11.57 Million |
+84.22% |
| 2019-12-31 | AU$8.87 Million ≈ $6.28 Million |
+283.22% |
| 2018-12-31 | AU$2.32 Million ≈ $1.64 Million |
-32.97% |
| 2017-12-31 | AU$3.45 Million ≈ $2.44 Million |
+4011.14% |
| 2016-12-31 | AU$84.03K ≈ $59.46K |
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Equity Component Analysis
This analysis shows how different components contribute to Credit Clear 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 52065.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$102.70 Million | 159.77% |
| Other Comprehensive Income | AU$5.24 Million | 8.15% |
| Total Equity | AU$64.28 Million | 100.00% |
Credit Clear Ltd Competitors by Market Cap
The table below lists competitors of Credit Clear Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vera Bradley Inc
NASDAQ:VRA
|
$79.34 Million |
|
Aquila European Renewables Income PLC
LSE:AERI
|
$79.35 Million |
|
Libertas 7 SA
MC:LIB
|
$79.38 Million |
|
Meiwu Technology Co Ltd
NASDAQ:WNW
|
$79.39 Million |
|
Isbir Sentetik Dokuma Sanayi AS
IS:ISSEN
|
$79.28 Million |
|
VirnetX Holding Corp Common Stock
NYSE:VHC
|
$79.25 Million |
|
Actic Group AB
ST:ATIC
|
$79.22 Million |
|
Tze Shin International Co Ltd
TW:2611
|
$79.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Credit Clear Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,274,000 to 64,281,000, a change of 5,007,000 (8.4%).
- Net income of 3,545,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 82,000.
- Other factors increased equity by 1,380,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$3.54 Million | +5.51% |
| Other Comprehensive Income | AU$82.00K | +0.13% |
| Other Changes | AU$1.38 Million | +2.15% |
| Total Change | AU$- | 8.45% |
Book Value vs Market Value Analysis
This analysis compares Credit Clear 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: 1.58x
- 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 577.42x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | AU$0.00 | AU$0.22 | x |
| 2017-12-31 | AU$0.02 | AU$0.22 | x |
| 2018-12-31 | AU$0.01 | AU$0.22 | x |
| 2019-12-31 | AU$0.04 | AU$0.22 | x |
| 2020-12-31 | AU$0.08 | AU$0.22 | x |
| 2021-12-31 | AU$0.22 | AU$0.22 | x |
| 2022-12-31 | AU$0.16 | AU$0.22 | x |
| 2023-12-31 | AU$0.14 | AU$0.22 | x |
| 2024-12-31 | AU$0.14 | AU$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Credit Clear 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): 5.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.55%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.33x
- Recent ROE (5.51%) is above the historical average (-20.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 201.88% | 4.30% | 1.48x | 31.80x | AU$161.24K |
| 2017 | -93.20% | -967.43% | 0.08x | 1.26x | AU$-3.57 Million |
| 2018 | -153.17% | -364.85% | 0.34x | 1.24x | AU$-3.78 Million |
| 2019 | -48.31% | -66.21% | 0.47x | 1.56x | AU$-5.17 Million |
| 2020 | -49.05% | -73.03% | 0.49x | 1.37x | AU$-9.65 Million |
| 2021 | -18.43% | -51.87% | 0.29x | 1.23x | AU$-17.17 Million |
| 2022 | -18.04% | -31.64% | 0.45x | 1.25x | AU$-17.19 Million |
| 2023 | -7.59% | -10.71% | 0.54x | 1.32x | AU$-10.42 Million |
| 2024 | 5.51% | 7.55% | 0.55x | 1.33x | AU$-2.88 Million |
Industry Comparison
This section compares Credit Clear Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $23,075,841
- Average return on equity (ROE) among peers: -210.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Credit Clear Ltd (CCR) | AU$64.28 Million | 201.88% | 0.33x | $79.32 Million |
| 5G Networks Ltd (5GN) | $16.39 Million | -14.99% | 1.79x | $12.23 Million |
| Adneo Ltd (AD1) | $100.22K | -1407.71% | 6.51x | $10.77 Million |
| Adisyn Ltd (AI1) | $2.22 Million | -195.27% | 2.67x | $52.55 Million |
| Appen Ltd (APX) | $136.15 Million | -86.73% | 0.67x | $226.62 Million |
| Asset Vision Co Ltd (ASV) | $7.80 Million | 20.89% | 0.27x | $15.41 Million |
| Atturra Ltd (ATA) | $-8.32 Million | 0.00% | 0.00x | $118.01 Million |
| Activeport Group Ltd (ATV) | $12.96 Million | -120.94% | 0.55x | $8.85 Million |
| Change Financial Ltd (CCA) | $10.38 Million | -84.48% | 0.05x | $43.97 Million |
| Comms Group Ltd (CCG) | $30.00 Million | -2.26% | 1.05x | $27.04 Million |
About Credit Clear Ltd
Credit Clear Limited engages in the provision of debt resolution services and technology development and implementation of the digital engagement platform in Australia and New Zealand. It operates in two segments, Receivable Collections and Legal Services. The company offers receivable collection services using a combination of technology solutions as well as traditional collection methods; and t… Read more