Careteq Ltd
Careteq Limited engages in medication management and clinical governance for health, aged, and home care sectors in Australia. The company provides healthcare safety and clinical services. Careteq Limited was incorporated in 2016 and is based in Melbourne, Australia.
Careteq Ltd (CTQ) - Net Assets
Latest net assets as of December 2025: AU$1.24 Million AUD
Based on the latest financial reports, Careteq Ltd (CTQ) has net assets worth AU$1.24 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.44 Million) and total liabilities (AU$3.20 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$1.24 Million |
| % of Total Assets | 27.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | -84.18% |
| 10-Year Change | N/A |
| Growth Volatility | 20.68 |
Careteq Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Careteq 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 Careteq Ltd (2020–2025)
The table below shows the annual net assets of Careteq Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.52 Million | -56.84% |
| 2024-06-30 | AU$3.52 Million | -0.86% |
| 2023-06-30 | AU$3.55 Million | -43.56% |
| 2022-06-30 | AU$6.30 Million | -34.52% |
| 2021-06-30 | AU$9.61 Million | +356.99% |
| 2020-06-30 | AU$-3.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Careteq 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 1750835000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$25.49 Million | 1676.38% |
| Other Comprehensive Income | AU$943.37K | 62.04% |
| Total Equity | AU$1.52 Million | 100.00% |
Careteq Ltd Competitors by Market Cap
The table below lists competitors of Careteq Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TEMPUR SEALY INTL (TPD.SG)
STU:TPD
|
$622.13K |
|
VICAT (4HM.SG)
STU:4HM
|
$622.17K |
|
LEON - FINMEC (FMNB.SG)
STU:FMNB
|
$622.24K |
|
METLIFE
BE:MWZ
|
$622.52K |
|
TRANSCAT INC. DL-50
F:TR8
|
$621.49K |
|
Media 6 SA
PA:EDI
|
$620.93K |
|
GRIFFON
BE:GFF
|
$620.65K |
|
Macquarie Bank Limited
AU:MBLPD
|
$620.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Careteq Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,969,703 to 1,520,638, a change of -449,065 (-22.8%).
- Net loss of 72,204 reduced equity.
- Dividend payments of 90,000 reduced retained earnings.
- Other comprehensive income increased equity by 435,859.
- Other factors decreased equity by 722,720.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-72.20K | -4.75% |
| Dividends Paid | AU$90.00K | -5.92% |
| Other Comprehensive Income | AU$435.86K | +28.66% |
| Other Changes | AU$-722.72K | -47.53% |
| Total Change | AU$- | -22.80% |
Book Value vs Market Value Analysis
This analysis compares Careteq Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | AU$-0.03 | AU$0.01 | x |
| 2021-06-30 | AU$0.07 | AU$0.01 | x |
| 2022-06-30 | AU$0.04 | AU$0.01 | x |
| 2023-06-30 | AU$0.02 | AU$0.01 | x |
| 2024-06-30 | AU$0.01 | AU$0.01 | x |
| 2025-06-30 | AU$0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Careteq Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.95%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 3.91x
- Recent ROE (-4.75%) is above the historical average (-80.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -1303.17% | 0.16x | 0.00x | AU$-1.53 Million |
| 2021 | -54.39% | -711.05% | 0.06x | 1.27x | AU$-6.19 Million |
| 2022 | -83.38% | -118.55% | 0.55x | 1.27x | AU$-5.88 Million |
| 2023 | -202.16% | -86.94% | 0.66x | 3.53x | AU$-4.54 Million |
| 2024 | -135.31% | -36.86% | 1.06x | 3.46x | AU$-2.86 Million |
| 2025 | -4.75% | -0.95% | 1.28x | 3.91x | AU$-224.27K |
Industry Comparison
This section compares Careteq 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: $20,874,910
- Average return on equity (ROE) among peers: -44.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Careteq Ltd (CTQ) | AU$1.24 Million | 0.00% | 2.57x | $621.63K |
| Adheris Health Limited (AHE) | $51.58 Million | 1.54% | 0.92x | $119.94 |
| Alcidion Group Ltd (ALC) | $6.57 Million | -38.71% | 0.23x | $60.88 Million |
| ARTRYA Ltd (AYA) | $40.64 Million | -42.21% | 0.08x | $148.36 Million |
| Blinklab Ltd (BB1) | $6.48 Million | -27.04% | 0.06x | $39.10 Million |
| Beamtree Holdings Ltd (BMT) | $29.22 Million | 1.31% | 0.10x | $18.03 Million |
| Cogstate Ltd (CGS) | $29.02 Million | 24.18% | 1.36x | $124.86 Million |
| Doctor Care Anywhere Group Plc (DOC) | $12.29 Million | -179.31% | 0.79x | $21.76 Million |
| Echoiq Ltd (EIQ) | $6.77 Million | -79.92% | 0.22x | $168.60 Million |
| Emyria Ltd (EMD) | $5.31 Million | -59.24% | 0.25x | $11.75 Million |