EBR Systems Inc
EBR Systems, Inc. develops implantable systems for wireless tissue stimulation. The company offers WiSE cardiac resynchronization therapy system, an implantable cardiac pacing system able to provide stimulation to endocardial heart tissue for the correction of heart rhythm conditions without requiring the use of wires or leads; and SOLVE-CRT, an investigational device exemption. The company was i… Read more
EBR Systems Inc (EBR) - Net Assets
Latest net assets as of September 2025: AU$38.65 Million AUD
Based on the latest financial reports, EBR Systems Inc (EBR) has net assets worth AU$38.65 Million AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$104.99 Million) and total liabilities (AU$66.34 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$38.65 Million |
| % of Total Assets | 36.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.46 |
EBR Systems Inc - Net Assets Trend (2019–2024)
This chart illustrates how EBR Systems Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EBR Systems Inc (2019–2024)
The table below shows the annual net assets of EBR Systems Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$24.36 Million | -21.58% |
| 2023-12-31 | AU$31.06 Million | -29.34% |
| 2022-12-31 | AU$43.95 Million | -42.09% |
| 2021-12-31 | AU$75.90 Million | +301.58% |
| 2020-12-31 | AU$-37.65 Million | -172.32% |
| 2019-12-31 | AU$-13.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EBR Systems Inc'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 17532468000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$37.11K | 0.15% |
| Other Comprehensive Income | AU$873.50K | 3.59% |
| Other Components | AU$376.90 Million | 1547.50% |
| Total Equity | AU$24.36 Million | 100.00% |
EBR Systems Inc Competitors by Market Cap
The table below lists competitors of EBR Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinhua Chunguang Technology Co Ltd
SHG:603657
|
$160.27 Million |
|
Titomic Ltd
AU:TTT
|
$160.29 Million |
|
Hunan Copote Science Technology Co Ltd
SHG:600476
|
$160.29 Million |
|
AMPLIFY EN. CORP. NEW
F:2OQ
|
$160.29 Million |
|
Nam Tai Property Inc.
PINK:NTPIF
|
$160.20 Million |
|
ValueHD Corp. A
SHE:301318
|
$160.17 Million |
|
Taekwang Ind
KO:003240
|
$160.16 Million |
|
Shenzhen Institute of Building Research Co Ltd Class A
SHE:300675
|
$160.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EBR Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,056,452 to 24,355,501, a change of -6,700,951 (-21.6%).
- Net loss of 20,174,225 reduced equity.
- Share repurchases of 34,507,580 reduced equity.
- New share issuances of 34,021,550 increased equity.
- Other comprehensive income decreased equity by 89,780.
- Other factors increased equity by 14,049,084.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-20.17 Million | -82.83% |
| Share Repurchases | AU$34.51 Million | -141.68% |
| Share Issuances | AU$34.02 Million | +139.69% |
| Other Comprehensive Income | AU$-89.78K | -0.37% |
| Other Changes | AU$14.05 Million | +57.68% |
| Total Change | AU$- | -21.58% |
Book Value vs Market Value Analysis
This analysis compares EBR Systems Inc'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: 8.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$-1.05 | AU$0.69 | x |
| 2020-12-31 | AU$-2.85 | AU$0.69 | x |
| 2021-12-31 | AU$1.07 | AU$0.69 | x |
| 2022-12-31 | AU$0.16 | AU$0.69 | x |
| 2023-12-31 | AU$0.11 | AU$0.69 | x |
| 2024-12-31 | AU$0.08 | AU$0.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EBR Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -82.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.02x
- Recent ROE (-82.83%) is below the historical average (-45.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -1917.62% | 0.10x | 0.00x | AU$-23.43 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$3.74 Million |
| 2021 | -0.05% | 0.00% | 0.00x | 1.13x | AU$-7.63 Million |
| 2022 | -75.29% | 0.00% | 0.00x | 1.63x | AU$-37.48 Million |
| 2023 | -112.82% | 0.00% | 0.00x | 2.54x | AU$-38.14 Million |
| 2024 | -82.83% | 0.00% | 0.00x | 3.02x | AU$-22.61 Million |
Industry Comparison
This section compares EBR Systems Inc's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $14,750,885
- Average return on equity (ROE) among peers: -315.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EBR Systems Inc (EBR) | AU$38.65 Million | 0.00% | 1.72x | $160.27 Million |
| 4DMEDICAL Ltd (4DX) | $926.64K | -85.93% | 0.18x | $1.08 Billion |
| Adherium Ltd (ADR) | $34.53 Million | -3.63% | 0.08x | $2.37 Million |
| Aroa Biosurgery Ltd (ARX) | $-22.65 Million | 0.00% | 0.00x | $91.94 Million |
| Atomo Diagnostics Ltd (AT1) | $34.48 Million | -26.73% | 0.05x | $8.72 Million |
| Control Bionics Ltd (CBL) | $6.09 Million | -15.97% | 0.04x | $4.72 Million |
| Cardiex Ltd (CDX) | $3.03 Million | -101.61% | 0.73x | $4.25 Million |
| Compumedics Ltd (CMP) | $9.21 Million | -30.70% | 1.16x | $12.44 Million |
| Cochlear Ltd (COH) | $75.42 Million | 53.19% | 1.13x | $6.95 Billion |
| Cleo Diagnostics Ltd (COV) | $5.83 Million | -68.54% | 0.19x | $23.23 Million |
| Conneqt Health Limited (CQT) | $633.50K | -2871.98% | 13.72x | $4.66 Million |