Earlypay Ltd Net Assets
Earlypay Ltd net assets. Based on the latest financial reports, Earlypay Ltd (EPY) has net assets worth AU$67.91 Million AUD (≈ $48.05 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$364.82 Million ≈ $258.13 Million USD) and total liabilities (AU$296.91 Million ≈ $210.09 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. Also explore EPY shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$67.91 Million |
| % of Total Assets | 18.61% |
| Annual Growth Rate | 24.04% |
| 5-Year Change | -20.2% |
| 10-Year Change | 313.68% |
| Growth Volatility | 46.44 |
Net Assets of Earlypay Ltd (2009–2026)
Net assets of Earlypay Ltd from 2009 to 2026. This chart illustrates how Earlypay Ltd's net assets have evolved over time, based on quarterly financial data. See EPY net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Earlypay Ltd (2009–2026)
The table below shows the annual net assets of Earlypay Ltd from 2009 to 2026. For live market cap and overall valuation, see EPY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$67.91 Million ≈ $48.05 Million |
-8.30% |
| 2025-06-30 | AU$74.05 Million ≈ $52.40 Million |
+1.98% |
| 2024-06-30 | AU$72.61 Million ≈ $51.38 Million |
-1.19% |
| 2023-06-30 | AU$73.48 Million ≈ $51.99 Million |
-13.64% |
| 2022-06-30 | AU$85.09 Million ≈ $60.21 Million |
+45.43% |
| 2021-06-30 | AU$58.51 Million ≈ $41.40 Million |
+9.60% |
| 2020-06-30 | AU$53.39 Million ≈ $37.78 Million |
+19.18% |
| 2019-06-30 | AU$44.80 Million ≈ $31.70 Million |
+11.51% |
| 2018-06-30 | AU$40.17 Million ≈ $28.43 Million |
+144.74% |
| 2017-06-30 | AU$16.41 Million ≈ $11.61 Million |
+12.93% |
| 2016-06-30 | AU$14.54 Million ≈ $10.28 Million |
+46.77% |
| 2015-06-30 | AU$9.90 Million ≈ $7.01 Million |
-3.55% |
| 2014-06-30 | AU$10.27 Million ≈ $7.26 Million |
+144.74% |
| 2013-06-30 | AU$4.20 Million ≈ $2.97 Million |
+3.20% |
| 2012-06-30 | AU$4.06 Million ≈ $2.88 Million |
+34.23% |
| 2011-06-30 | AU$3.03 Million ≈ $2.14 Million |
+63.21% |
| 2010-06-30 | AU$1.86 Million ≈ $1.31 Million |
+6.49% |
| 2009-06-30 | AU$1.74 Million ≈ $1.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Earlypay 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 253188300.0% over the analyzed period, indicating profitable operations and earnings retention.
Earlypay Ltd Net Assets Breakdown (June 2026)
Earlypay Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$452.00K | 0.67% |
| Common Stock | AU$67.04 Million | 98.73% |
| Other Comprehensive Income | AU$409.00K | 0.60% |
| Total Equity | AU$67.91 Million | 100.00% |
Earlypay Ltd Competitors by Market Cap
The table below lists competitors of Earlypay Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RSL Electronics Ltd
TA:RSEL
|
$21.71 Million |
|
Seoulin Bioscience Co.Ltd
KQ:038070
|
$21.71 Million |
|
Beeline Holdings, Inc.
NASDAQ:BLNE
|
$21.73 Million |
|
Scope Industries Bhd
KLSE:0028
|
$21.75 Million |
|
Tah Tong Textile Co Ltd
TW:1441
|
$21.70 Million |
|
OCB Bhd
KLSE:5533
|
$21.69 Million |
|
BeMetals Corp
V:BMET
|
$21.69 Million |
|
Sumas Suni Tahta ve Mobilya Sanayi AS
IS:SUMAS
|
$21.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Earlypay Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 74,051,000 to 67,905,000, a change of -6,146,000 (-8.3%).
- Net income of 446,000 contributed positively to equity growth.
- Dividend payments of 1,769,000 reduced retained earnings.
- Share repurchases of 4,873,000 reduced equity.
- Other comprehensive income increased equity by 46,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$446.00K | +0.66% |
| Dividends Paid | AU$1.77 Million | -2.61% |
| Share Repurchases | AU$4.87 Million | -7.18% |
| Other Comprehensive Income | AU$46.00K | +0.07% |
| Other Changes | AU$4.00K | +0.01% |
| Total Change | AU$- | -8.30% |
Book Value vs Market Value Analysis
This analysis compares Earlypay 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: 0.49x
- 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.
- The price-to-book ratio has decreased from 3.89x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-06-30 | AU$0.03 | AU$0.13 | x |
| 2010-06-30 | AU$0.03 | AU$0.13 | x |
| 2011-06-30 | AU$0.06 | AU$0.13 | x |
| 2012-06-30 | AU$0.07 | AU$0.13 | x |
| 2013-06-30 | AU$0.06 | AU$0.13 | x |
| 2014-06-30 | AU$0.14 | AU$0.13 | x |
| 2015-06-30 | AU$0.10 | AU$0.13 | x |
| 2016-06-30 | AU$0.15 | AU$0.13 | x |
| 2017-06-30 | AU$0.12 | AU$0.13 | x |
| 2018-06-30 | AU$0.22 | AU$0.13 | x |
| 2019-06-30 | AU$0.21 | AU$0.13 | x |
| 2020-06-30 | AU$0.25 | AU$0.13 | x |
| 2021-06-30 | AU$0.25 | AU$0.13 | x |
| 2022-06-30 | AU$0.30 | AU$0.13 | x |
| 2023-06-30 | AU$0.25 | AU$0.13 | x |
| 2024-06-30 | AU$0.25 | AU$0.13 | x |
| 2025-06-30 | AU$0.27 | AU$0.13 | x |
| 2026-06-30 | AU$0.26 | AU$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Earlypay Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 5.37x
- Recent ROE (0.66%) is below the historical average (4.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -69.37% | -7.53% | 2.40x | 3.84x | AU$-1.47 Million |
| 2011 | 27.46% | 4.97% | 2.25x | 2.45x | AU$528.84K |
| 2012 | 21.17% | 1.21% | 4.72x | 3.70x | AU$454.08K |
| 2013 | 18.26% | 0.76% | 5.83x | 4.12x | AU$346.50K |
| 2014 | 10.83% | 0.80% | 4.34x | 3.13x | AU$85.30K |
| 2015 | 0.17% | 0.01% | 2.44x | 6.70x | AU$-973.30K |
| 2016 | 0.26% | 0.14% | 0.17x | 10.77x | AU$-1.42 Million |
| 2017 | 15.41% | 6.32% | 0.25x | 9.84x | AU$887.50K |
| 2018 | 7.93% | 6.82% | 0.18x | 6.49x | AU$-831.40K |
| 2019 | 18.75% | 17.70% | 0.19x | 5.61x | AU$3.92 Million |
| 2020 | 6.88% | 7.84% | 0.14x | 6.29x | AU$-1.67 Million |
| 2021 | 12.37% | 17.02% | 0.11x | 6.43x | AU$1.39 Million |
| 2022 | 15.54% | 50.95% | 0.05x | 5.79x | AU$4.71 Million |
| 2023 | -10.54% | -12.79% | 0.17x | 4.90x | AU$-15.09 Million |
| 2024 | 3.37% | 4.49% | 0.17x | 4.32x | AU$-4.81 Million |
| 2025 | 3.87% | 5.63% | 0.16x | 4.25x | AU$-4.54 Million |
| 2026 | 0.66% | 0.84% | 0.14x | 5.37x | AU$-6.34 Million |
Industry Comparison
This section compares Earlypay Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $313,021,410
- Average return on equity (ROE) among peers: -51.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Earlypay Ltd (EPY) | AU$67.91 Million | -69.37% | 4.37x | $21.71 Million |
| Butn Ltd (BTN) | $-907.04K | 0.00% | 0.00x | $2.69 Million |
| Credit Corp Group Ltd (CCP) | $5.39 Million | 9.70% | 0.03x | $736.87 Million |
| FSA Group Ltd (FSA) | $54.11 Million | 26.63% | 8.03x | $103.52 Million |
| Harmoney Corp Ltd (HMY) | $53.76 Million | -14.10% | 13.67x | $50.80 Million |
| Humm Group Ltd (HUM) | $205.63 Million | 28.65% | 3.00x | $169.70 Million |
| Lawfinance Ltd (LAW) | $243.35K | -469.82% | 4.39x | $225.95K |
| Liberty Financial Group (LFG) | $901.58 Million | 10.82% | 13.15x | $730.38 Million |
| Latitude Group Holdings Ltd (LFS) | $1.47 Billion | 2.56% | 4.37x | $595.90 Million |
| Moneyme Ltd (MME) | $122.89 Million | -54.20% | 12.49x | $34.50 Million |
About Earlypay Ltd
Earlypay Limited provides financing solutions to businesses in Australia. The company offers invoice finance for transport and logistics, manufacturing and wholesale, security services, and labor hire and recruitment; trade finance for wholesale, manufacturing, and retail industries; and equipment finance, including capital raise, refinance, and asset purchase. It also provides invoice finance fo… Read more