Cogstate Ltd (CGS) - Net Assets

Latest as of June 2025: AU$47.90 Million AUD ≈ $33.89 Million USD

Based on the latest financial reports, Cogstate Ltd (CGS) has net assets worth AU$47.90 Million AUD (≈ $33.89 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$64.77 Million ≈ $45.83 Million USD) and total liabilities (AU$16.88 Million ≈ $11.94 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 Cogstate Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$47.90 Million
% of Total Assets 73.95%
Annual Growth Rate 40.26%
5-Year Change 65.08%
10-Year Change 247.21%
Growth Volatility 4303.9

Cogstate Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Cogstate Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CGS asset base for the complete picture of this company's asset base.

Annual Net Assets for Cogstate Ltd (2002–2025)

The table below shows the annual net assets of Cogstate Ltd from 2002 to 2025. For live valuation and market cap data, see Cogstate Ltd (CGS) total market value.

Year Net Assets Change
2025-06-30 AU$47.90 Million
≈ $33.89 Million		 +47.34%
2024-06-30 AU$32.51 Million
≈ $23.00 Million		 -42.58%
2023-06-30 AU$56.62 Million
≈ $40.06 Million		 +18.26%
2022-06-30 AU$47.88 Million
≈ $33.88 Million		 +65.00%
2021-06-30 AU$29.02 Million
≈ $20.53 Million		 +28.99%
2020-06-30 AU$22.49 Million
≈ $15.92 Million		 +56.10%
2019-06-30 AU$14.41 Million
≈ $10.20 Million		 -8.88%
2018-06-30 AU$15.81 Million
≈ $11.19 Million		 +9.46%
2017-06-30 AU$14.45 Million
≈ $10.22 Million		 +4.73%
2016-06-30 AU$13.79 Million
≈ $9.76 Million		 +77.81%
2015-06-30 AU$7.76 Million
≈ $5.49 Million		 -36.69%
2014-06-30 AU$12.25 Million
≈ $8.67 Million		 +52.42%
2013-06-30 AU$8.04 Million
≈ $5.69 Million		 -23.15%
2012-06-30 AU$10.46 Million
≈ $7.40 Million		 +55.29%
2011-06-30 AU$6.74 Million
≈ $4.77 Million		 +12.90%
2010-06-30 AU$5.97 Million
≈ $4.22 Million		 +49.78%
2009-06-30 AU$3.98 Million
≈ $2.82 Million		 +116.27%
2008-06-30 AU$1.84 Million
≈ $1.30 Million		 +37.13%
2007-06-30 AU$1.34 Million
≈ $950.44K		 -41.53%
2006-06-30 AU$2.30 Million
≈ $1.63 Million		 -21.34%
2005-06-30 AU$2.92 Million
≈ $2.07 Million		 -31.00%
2004-06-30 AU$4.23 Million
≈ $3.00 Million		 -0.27%
2003-06-30 AU$4.24 Million
≈ $3.00 Million		 +21123.06%
2002-06-30 AU$20.00K
≈ $14.15K		 --

Equity Component Analysis

This analysis shows how different components contribute to Cogstate 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 576481300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$5.76 Million 12.04%
Common Stock AU$37.76 Million 78.83%
Other Comprehensive Income AU$4.38 Million 9.14%
Total Equity AU$47.90 Million 100.00%

Cogstate Ltd Competitors by Market Cap

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

Company Market Cap
Tong-Tai Machine Tool Co Ltd
TW:4526
 $291.57 Million
Global Partner Acquisition II Corp
NASDAQ:GPAC
 $291.60 Million
Orrön Energy AB (publ)
ST:ORRON
 $291.68 Million
Evolus Inc
NASDAQ:EOLS
 $291.69 Million
Eaton Vance Floating Rate Income Closed Fund
NYSE:EFT
 $291.30 Million
SPCG Public Company Limited
BK:SPCG
 $291.24 Million
Israel Land Development Urban Renewal Ltd
TA:ILDR
 $291.04 Million
Kaimei Electronic Corp
TW:2375
 $291.03 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 40,921,806 to 47,897,815, a change of 6,976,009 (17.0%).
  • Net income of 10,144,735 contributed positively to equity growth.
  • Share repurchases of 4,837,068 reduced equity.
  • New share issuances of 1,154,547 increased equity.
  • Other comprehensive income increased equity by 2,363,833.
  • Other factors decreased equity by 1,850,038.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$10.14 Million +21.18%
Share Repurchases AU$4.84 Million -10.1%
Share Issuances AU$1.15 Million +2.41%
Other Comprehensive Income AU$2.36 Million +4.94%
Other Changes AU$-1.85 Million -3.86%
Total Change AU$- 17.05%

Book Value vs Market Value Analysis

This analysis compares Cogstate 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: 8.72x
  • 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 decreased from 18.96x to 8.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-06-30 AU$0.13 AU$2.40 x
2004-06-30 AU$0.12 AU$2.40 x
2005-06-30 AU$0.08 AU$2.40 x
2006-06-30 AU$0.06 AU$2.40 x
2007-06-30 AU$0.03 AU$2.40 x
2008-06-30 AU$0.04 AU$2.40 x
2009-06-30 AU$0.06 AU$2.40 x
2010-06-30 AU$0.08 AU$2.40 x
2011-06-30 AU$0.10 AU$2.40 x
2012-06-30 AU$0.14 AU$2.40 x
2013-06-30 AU$0.10 AU$2.40 x
2014-06-30 AU$0.14 AU$2.40 x
2015-06-30 AU$0.08 AU$2.40 x
2016-06-30 AU$0.12 AU$2.40 x
2017-06-30 AU$0.13 AU$2.40 x
2018-06-30 AU$0.14 AU$2.40 x
2019-06-30 AU$0.12 AU$2.40 x
2020-06-30 AU$0.14 AU$2.40 x
2021-06-30 AU$0.17 AU$2.40 x
2022-06-30 AU$0.27 AU$2.40 x
2023-06-30 AU$0.32 AU$2.40 x
2024-06-30 AU$0.24 AU$2.40 x
2025-06-30 AU$0.28 AU$2.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cogstate 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): 21.18%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.97%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 1.35x
  • Recent ROE (21.18%) is above the historical average (-12.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 -20.82% -433.83% 0.05x 1.05x AU$-1.31 Million
2004 -43.32% -1365.45% 0.03x 1.04x AU$-2.26 Million
2005 -58.06% -216.83% 0.23x 1.15x AU$-1.99 Million
2006 -51.77% -77.21% 0.54x 1.23x AU$-1.42 Million
2007 -104.39% -70.36% 1.00x 1.49x AU$-1.54 Million
2008 -38.77% -19.73% 1.36x 1.44x AU$-898.41K
2009 28.96% 17.04% 1.30x 1.31x AU$755.41K
2010 23.32% 17.27% 1.10x 1.23x AU$795.07K
2011 -13.43% -10.40% 1.04x 1.25x AU$-1.58 Million
2012 23.99% 20.41% 1.01x 1.16x AU$1.46 Million
2013 -22.22% -15.70% 1.13x 1.25x AU$-2.59 Million
2014 -29.88% -31.70% 0.81x 1.16x AU$-4.89 Million
2015 -50.05% -31.49% 1.12x 1.41x AU$-4.66 Million
2016 19.15% 9.69% 1.39x 1.42x AU$1.26 Million
2017 -5.90% -2.44% 1.60x 1.51x AU$-2.30 Million
2018 -4.62% -1.95% 1.47x 1.61x AU$-2.31 Million
2019 -24.22% -11.43% 1.11x 1.90x AU$-4.93 Million
2020 -12.97% -8.59% 0.73x 2.06x AU$-5.17 Million
2021 24.18% 16.01% 0.64x 2.36x AU$4.11 Million
2022 21.66% 16.72% 0.73x 1.78x AU$5.58 Million
2023 9.37% 8.82% 0.74x 1.43x AU$-357.91K
2024 13.32% 8.22% 1.15x 1.41x AU$1.36 Million
2025 21.18% 19.97% 0.78x 1.35x AU$5.35 Million

Industry Comparison

This section compares Cogstate Ltd's net assets metrics with peer companies in the Health Information Services industry.

Industry Context

  • Industry: Health Information Services
  • Average net assets among peers: $4,333,919
  • Average return on equity (ROE) among peers: -705.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cogstate Ltd (CGS) AU$47.90 Million -20.82% 0.35x $291.33 Million
Adheris Health Limited (AHE) $1.05 Million -5741.10% 36.99x $137.04
Alcidion Group Ltd (ALC) $13.24 Million -0.64% 0.88x $95.02 Million
ARTRYA Ltd (AYA) $16.80 Million -83.31% 0.13x $455.29 Million
Beamtree Holdings Ltd (BMT) $29.22 Million 1.31% 0.10x $24.68 Million
Careteq Ltd (CTQ) $9.61 Million -54.39% 0.27x $2.06 Million
Doctor Care Anywhere Group Plc (DOC) $-5.53 Million 0.00% 0.00x $41.51 Million
Echoiq Ltd (EIQ) $-147.39K 0.00% 0.00x $468.78 Million
Emyria Ltd (EMD) $2.43 Million -472.33% 1.24x $28.53 Million
Enlitic Inc (ENL) $-27.66 Million 0.00% 0.00x $5.90 Million

About Cogstate Ltd

AU:CGS Australia Health Information Services
Market Cap
$291.33 Million
AU$411.73 Million AUD
Market Cap Rank
#15085 Global
#412 in Australia
Share Price
AU$2.40
Change (1 day)
-3.23%
52-Week Range
AU$1.25 - AU$2.92
All Time High
AU$2.92
Categories
Companies in Australia Health Information Services Technology
About

Cogstate Limited, a neuroscience solutions company, engages in the creation, validation, and commercialization of digital brain health assessments worldwide. It offers digital cognitive assessment, endpoint data quality (rater services), remote assessment, scientific consulting, healthcare cognitive screening, and research and academic collaboration solutions for various therapeutic areas, includ… Read more