Echoiq Ltd

AU:EIQ Australia Health Information Services
Market Cap
$231.32 Million
AU$373.59 Million AUD
Market Cap Rank
#15902 Global
#225 in Australia
Share Price
AU$0.57
Change (1 day)
-12.98%
52-Week Range
AU$0.17 - AU$0.73
All Time High
AU$1.15
Categories
Companies in Australia Health Information Services Technology
About

Echo IQ Limited engages in the provision of artificial intelligence (AI) diagnostics tool that enhance the diagnosis of structural heart disease in Australia. It offers EchoSolv, provides an AI-powered risk assessment of structural heart disease, including aortic stenosis, diastolic dysfunction, and heart failure. The company was formerly known as Houston We Have Limited and changed its name to E… Read more

Echoiq Ltd (EIQ) - Net Assets

Latest net assets as of December 2025: AU$17.27 Million AUD

Based on the latest financial reports, Echoiq Ltd (EIQ) has net assets worth AU$17.27 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$17.99 Million) and total liabilities (AU$718.61K). 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$17.27 Million
% of Total Assets 96.01%
Annual Growth Rate 14.84%
5-Year Change 131.37%
10-Year Change N/A
Growth Volatility 118.01

Echoiq Ltd - Net Assets Trend (2010–2024)

This chart illustrates how Echoiq 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 Echoiq Ltd (2010–2024)

The table below shows the annual net assets of Echoiq Ltd from 2010 to 2024.

Year Net Assets Change
2024-12-31 AU$22.76 Million +236.24%
2023-12-31 AU$6.77 Million -8.33%
2022-12-31 AU$7.38 Million -7.95%
2021-12-31 AU$8.02 Million -18.46%
2020-12-31 AU$9.84 Million +214.82%
2019-12-31 AU$3.12 Million +772.32%
2018-12-31 AU$-464.69K -215.28%
2017-12-31 AU$-147.39K -143.20%
2016-12-31 AU$341.17K +124.63%
2015-12-31 AU$-1.39 Million -165.13%
2014-12-31 AU$2.13 Million -16.57%
2013-12-31 AU$2.55 Million +43.14%
2012-12-31 AU$1.78 Million -17.94%
2011-12-31 AU$2.17 Million -33.82%
2010-12-31 AU$3.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to Echoiq 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 4810299900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$64.62 Million 283.95%
Other Comprehensive Income AU$7.17 Million 31.51%
Other Components AU$1.00 0.00%
Total Equity AU$22.76 Million 100.00%

Echoiq Ltd Competitors by Market Cap

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

Company Market Cap
Deceuninck N.V.
LSE:0MEL
 		$168.66 Million
Jilin Province Xidian Pharmaceutical Sci-Tech Development Co.Ltd
SHE:301130
 		$168.69 Million
Ocean Plastics Co Ltd
TW:1321
 		$168.69 Million
AIRO Group Holdings, Inc. Common Stock
NASDAQ:AIRO
 		$168.72 Million
Shanghai Shibei Hi-Tech Co Ltd B
SHG:900902
 		$168.57 Million
Ricardo plc
F:RIR
 		$168.54 Million
Tropicana Corporation Bhd
KLSE:5401
 		$168.53 Million
Smart Eye AB
ST:SEYE
 		$168.51 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,767,992 to 22,756,924, a change of 15,988,932 (236.2%).
  • Net loss of 13,262,514 reduced equity.
  • Other comprehensive income increased equity by 2,836,849.
  • Other factors increased equity by 26,414,597.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-13.26 Million -58.28%
Other Comprehensive Income AU$2.84 Million +12.47%
Other Changes AU$26.41 Million +116.07%
Total Change AU$- 236.24%

Book Value vs Market Value Analysis

This analysis compares Echoiq 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: 14.67x
  • 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 33.30x to 14.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 AU$0.02 AU$0.57 x
2011-12-31 AU$0.59 AU$0.57 x
2012-12-31 AU$0.51 AU$0.57 x
2013-12-31 AU$0.46 AU$0.57 x
2014-12-31 AU$0.26 AU$0.57 x
2015-12-31 AU$-0.09 AU$0.57 x
2016-12-31 AU$0.01 AU$0.57 x
2017-12-31 AU$0.00 AU$0.57 x
2018-12-31 AU$-0.01 AU$0.57 x
2019-12-31 AU$0.01 AU$0.57 x
2020-12-31 AU$0.04 AU$0.57 x
2021-12-31 AU$0.02 AU$0.57 x
2022-12-31 AU$0.02 AU$0.57 x
2023-12-31 AU$0.01 AU$0.57 x
2024-12-31 AU$0.04 AU$0.57 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Echoiq 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): -58.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -13078.24%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.03x
  • Recent ROE (-58.28%) is above the historical average (-322.48%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -28.31% 0.00% 0.00x 1.09x AU$-1.26 Million
2011 -52.84% 0.00% 0.00x 1.09x AU$-1.36 Million
2012 -21.86% -132.42% 0.15x 1.07x AU$-567.44K
2013 -20.92% -600.01% 0.03x 1.06x AU$-788.35K
2014 -79.64% -2266.59% 0.03x 1.07x AU$-1.91 Million
2015 0.00% -12615.99% 0.02x 0.00x AU$-807.66K
2016 -4192.37% -9778.88% 0.16x 2.76x AU$-14.34 Million
2017 0.00% -13676.71% 0.02x 0.00x AU$-1.99 Million
2018 0.00% -57.60% 0.94x 0.00x AU$-428.45K
2019 -85.90% -394.75% 0.16x 1.33x AU$-3.00 Million
2020 -30.44% -677.46% 0.04x 1.11x AU$-3.98 Million
2021 -74.71% -2386.29% 0.02x 1.28x AU$-6.79 Million
2022 -111.96% -7701.16% 0.01x 1.41x AU$-9.00 Million
2023 -79.92% -12155.38% 0.01x 1.22x AU$-6.09 Million
2024 -58.28% -13078.24% 0.00x 1.03x AU$-15.54 Million

Industry Comparison

This section compares Echoiq 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: $20,517,774
  • Average return on equity (ROE) among peers: -49.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Echoiq Ltd (EIQ) AU$17.27 Million -28.31% 0.04x $168.60 Million
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
Careteq Ltd (CTQ) $3.55 Million -121.85% 1.13x $621.63K
Doctor Care Anywhere Group Plc (DOC) $12.29 Million -179.31% 0.79x $21.76 Million
Emyria Ltd (EMD) $5.31 Million -59.24% 0.25x $11.75 Million