Cash Converters International (CCV) - Net Assets
Based on the latest financial reports, Cash Converters International (CCV) has net assets worth AU$253.41 Million AUD (≈ $179.30 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$506.77 Million ≈ $358.57 Million USD) and total liabilities (AU$253.36 Million ≈ $179.27 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 how tangible is Cash Converters International's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$253.41 Million |
| % of Total Assets | 50.0% |
| Annual Growth Rate | 5.89% |
| 5-Year Change | -28.29% |
| 10-Year Change | -5.91% |
| Growth Volatility | 58.74 |
Cash Converters International - Net Assets Trend (1997–2025)
This chart illustrates how Cash Converters International's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Cash Converters International to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cash Converters International (1997–2025)
The table below shows the annual net assets of Cash Converters International from 1997 to 2025. For live valuation and market cap data, see Cash Converters International (CCV) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$227.96 Million ≈ $161.30 Million |
+7.85% |
| 2024-06-30 | AU$211.37 Million ≈ $149.55 Million |
+2.36% |
| 2023-06-30 | AU$206.49 Million ≈ $146.11 Million |
-34.52% |
| 2022-06-30 | AU$315.35 Million ≈ $223.13 Million |
-0.80% |
| 2021-06-30 | AU$317.90 Million ≈ $224.94 Million |
+3.76% |
| 2020-06-30 | AU$306.37 Million ≈ $216.78 Million |
-3.31% |
| 2019-06-30 | AU$316.85 Million ≈ $224.19 Million |
-1.72% |
| 2018-06-30 | AU$322.41 Million ≈ $228.12 Million |
+23.60% |
| 2017-06-30 | AU$260.84 Million ≈ $184.56 Million |
+7.66% |
| 2016-06-30 | AU$242.28 Million ≈ $171.43 Million |
-7.42% |
| 2015-06-30 | AU$261.70 Million ≈ $185.17 Million |
+6.94% |
| 2014-06-30 | AU$244.71 Million ≈ $173.15 Million |
+1.27% |
| 2013-06-30 | AU$241.63 Million ≈ $170.97 Million |
+29.47% |
| 2012-06-30 | AU$186.63 Million ≈ $132.05 Million |
+6.49% |
| 2011-06-30 | AU$175.25 Million ≈ $124.00 Million |
+7.61% |
| 2010-06-30 | AU$162.86 Million ≈ $115.23 Million |
+97.43% |
| 2009-06-30 | AU$82.49 Million ≈ $58.37 Million |
+11.40% |
| 2008-06-30 | AU$74.05 Million ≈ $52.39 Million |
+8.96% |
| 2007-06-30 | AU$67.96 Million ≈ $48.08 Million |
+280.91% |
| 2006-06-30 | AU$17.84 Million ≈ $12.62 Million |
+22.20% |
| 2005-06-30 | AU$14.60 Million ≈ $10.33 Million |
+20.94% |
| 2004-06-30 | AU$12.07 Million ≈ $8.54 Million |
+50.40% |
| 2003-06-30 | AU$8.03 Million ≈ $5.68 Million |
+29.11% |
| 2002-06-30 | AU$6.22 Million ≈ $4.40 Million |
-71.54% |
| 2001-06-30 | AU$21.85 Million ≈ $15.46 Million |
+0.26% |
| 2000-06-30 | AU$21.79 Million ≈ $15.42 Million |
-20.60% |
| 1999-06-30 | AU$27.45 Million ≈ $19.42 Million |
-45.51% |
| 1998-06-30 | AU$50.37 Million ≈ $35.64 Million |
+9.83% |
| 1997-06-30 | AU$45.86 Million ≈ $32.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cash Converters International'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 3501804600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$249.53 Million | 109.46% |
| Other Comprehensive Income | AU$14.85 Million | 6.52% |
| Total Equity | AU$227.96 Million | 100.00% |
Cash Converters International Competitors by Market Cap
The table below lists competitors of Cash Converters International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AeroSpace Technology of Korea
KQ:067390
|
$146.17 Million |
|
Fabryka Obrabiarek RAFAMET S.A.
WAR:RAF
|
$146.34 Million |
|
Federal Agricultural Mortgage Corporation
NYSE:AGM-A
|
$146.37 Million |
|
BCB Bancorp Inc
NASDAQ:BCBP
|
$146.48 Million |
|
Lollands Bank
CO:LOLB
|
$145.99 Million |
|
Cegedim S.A.
PA:CGM
|
$145.99 Million |
|
Curo Holdings Co. Ltd
KQ:051780
|
$145.96 Million |
|
Eagle High Plantations Tbk
JK:BWPT
|
$145.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cash Converters International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 211,366,000 to 227,959,000, a change of 16,593,000 (7.9%).
- Net income of 24,483,000 contributed positively to equity growth.
- Dividend payments of 12,550,000 reduced retained earnings.
- Share repurchases of 1,654,000 reduced equity.
- Other comprehensive income increased equity by 5,673,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$24.48 Million | +10.74% |
| Dividends Paid | AU$12.55 Million | -5.51% |
| Share Repurchases | AU$1.65 Million | -0.73% |
| Other Comprehensive Income | AU$5.67 Million | +2.49% |
| Other Changes | AU$641.00K | +0.28% |
| Total Change | AU$- | 7.85% |
Book Value vs Market Value Analysis
This analysis compares Cash Converters International'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: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-06-30 | AU$0.31 | AU$0.29 | x |
| 1998-06-30 | AU$0.31 | AU$0.29 | x |
| 1999-06-30 | AU$0.17 | AU$0.29 | x |
| 2000-06-30 | AU$0.14 | AU$0.29 | x |
| 2001-06-30 | AU$0.14 | AU$0.29 | x |
| 2002-06-30 | AU$0.04 | AU$0.29 | x |
| 2003-06-30 | AU$0.06 | AU$0.29 | x |
| 2004-06-30 | AU$0.08 | AU$0.29 | x |
| 2005-06-30 | AU$0.11 | AU$0.29 | x |
| 2006-06-30 | AU$0.12 | AU$0.29 | x |
| 2007-06-30 | AU$0.30 | AU$0.29 | x |
| 2008-06-30 | AU$0.30 | AU$0.29 | x |
| 2009-06-30 | AU$0.34 | AU$0.29 | x |
| 2010-06-30 | AU$0.49 | AU$0.29 | x |
| 2011-06-30 | AU$0.45 | AU$0.29 | x |
| 2012-06-30 | AU$0.48 | AU$0.29 | x |
| 2013-06-30 | AU$0.58 | AU$0.29 | x |
| 2014-06-30 | AU$0.57 | AU$0.29 | x |
| 2015-06-30 | AU$0.57 | AU$0.29 | x |
| 2016-06-30 | AU$0.49 | AU$0.29 | x |
| 2017-06-30 | AU$0.52 | AU$0.29 | x |
| 2018-06-30 | AU$0.63 | AU$0.29 | x |
| 2019-06-30 | AU$0.51 | AU$0.29 | x |
| 2020-06-30 | AU$0.50 | AU$0.29 | x |
| 2021-06-30 | AU$0.50 | AU$0.29 | x |
| 2022-06-30 | AU$0.49 | AU$0.29 | x |
| 2023-06-30 | AU$0.33 | AU$0.29 | x |
| 2024-06-30 | AU$0.32 | AU$0.29 | x |
| 2025-06-30 | AU$0.34 | AU$0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cash Converters International utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.42%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.13x
- Recent ROE (10.74%) is above the historical average (-2.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.25% | 0.47% | 0.30x | 1.76x | AU$-4.41 Million |
| 1998 | 0.67% | 0.00% | 0.00x | 1.69x | AU$-4.40 Million |
| 1999 | 5.79% | 0.00% | 0.00x | 2.27x | AU$-1.09 Million |
| 2000 | 7.77% | 51.40% | 0.06x | 2.42x | AU$-484.87K |
| 2001 | 2.03% | 4.11% | 0.22x | 2.28x | AU$-1.74 Million |
| 2002 | -249.12% | -128.29% | 0.37x | 5.20x | AU$-16.09 Million |
| 2003 | 35.29% | 17.75% | 0.54x | 3.69x | AU$2.03 Million |
| 2004 | -0.89% | -0.58% | 0.86x | 1.79x | AU$-1.30 Million |
| 2005 | -0.07% | -0.15% | 0.34x | 1.47x | AU$-1.46 Million |
| 2006 | 23.85% | 21.08% | 0.80x | 1.42x | AU$2.45 Million |
| 2007 | 17.07% | 88.98% | 0.16x | 1.19x | AU$4.79 Million |
| 2008 | 20.53% | 20.35% | 0.75x | 1.35x | AU$7.77 Million |
| 2009 | 19.66% | 24.61% | 0.57x | 1.40x | AU$7.94 Million |
| 2010 | 13.31% | 16.93% | 0.65x | 1.21x | AU$5.38 Million |
| 2011 | 15.77% | 14.85% | 0.80x | 1.33x | AU$10.11 Million |
| 2012 | 15.76% | 16.63% | 0.67x | 1.41x | AU$10.75 Million |
| 2013 | 13.60% | 12.18% | 0.78x | 1.44x | AU$8.71 Million |
| 2014 | 9.75% | 7.59% | 0.78x | 1.65x | AU$-628.10K |
| 2015 | -8.21% | -5.75% | 0.85x | 1.69x | AU$-47.65 Million |
| 2016 | -2.18% | -6.16% | 0.20x | 1.75x | AU$-29.50 Million |
| 2017 | 7.90% | 7.73% | 0.67x | 1.53x | AU$-5.47 Million |
| 2018 | 6.98% | 8.72% | 0.51x | 1.58x | AU$-9.74 Million |
| 2019 | -0.53% | -0.60% | 0.61x | 1.47x | AU$-33.38 Million |
| 2020 | -3.42% | -3.80% | 0.58x | 1.57x | AU$-41.13 Million |
| 2021 | 5.10% | 8.09% | 0.42x | 1.50x | AU$-15.59 Million |
| 2022 | 3.54% | 5.27% | 0.44x | 1.52x | AU$-20.36 Million |
| 2023 | -47.05% | -37.08% | 0.59x | 2.16x | AU$-117.80 Million |
| 2024 | 8.23% | 4.61% | 0.79x | 2.26x | AU$-3.74 Million |
| 2025 | 10.74% | 6.42% | 0.78x | 2.13x | AU$1.69 Million |
Industry Comparison
This section compares Cash Converters International's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $354,620,222
- Average return on equity (ROE) among peers: 13.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cash Converters International (CCV) | AU$253.41 Million | 0.25% | 1.00x | $146.00 Million |
| Adore Beauty Group Ltd (ABY) | $39.65 Million | 5.49% | 0.71x | $21.27 Million |
| Adairs Ltd (ADH) | $5.15 Million | -61.59% | 0.02x | $178.20 Million |
| Bapcor Ltd (BAP) | $722.19 Million | 13.43% | 0.87x | $111.67 Million |
| Baby Bunting Group Ltd (BBN) | $92.72 Million | 8.99% | 0.32x | $157.60 Million |
| Beacon Lighting Group Ltd (BLX) | $57.42 Million | 31.87% | 0.82x | $279.11 Million |
| Dusk Group Ltd (DSK) | $36.74 Million | 31.54% | 1.44x | $32.60 Million |
| Harvey Norman Holdings Ltd (HVN) | $2.06 Billion | 10.41% | 0.78x | $4.26 Billion |
| JB Hi-Fi Ltd (JBH) | $152.31 Million | 72.02% | 4.04x | $6.03 Billion |
| Joyce Corporation Ltd (JYC) | $26.22 Million | 13.17% | 1.77x | $126.58 Million |
About Cash Converters International
Cash Converters International Limited, together with its subsidiaries, provides unsecured lending and second-hand retail services in Australia, New Zealand, the United Kingdom, and internationally. It operates through Personal Finance, Vehicle Financing, Store Operations, New Zealand, and United Kingdom (UK) segments. The company offers personal loans and vehicle financing services. It is also in… Read more