Field Solutions Holdings Ltd
Field Solutions Holdings Limited, a telecommunications carrier and technology company, provides connectivity and business solutions for rural, regional, and remote areas in Australia. It is involved in designing, building, and operating of telecommunications networks; offers broadband solutions to residents, business, and agribusiness; provides VOIP retail and wholesale solutions; and operates a … Read more
Field Solutions Holdings Ltd (FSG) - Net Assets
Latest net assets as of June 2024: AU$37.50 Million AUD
Based on the latest financial reports, Field Solutions Holdings Ltd (FSG) has net assets worth AU$37.50 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$85.72 Million) and total liabilities (AU$48.22 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$37.50 Million |
| % of Total Assets | 43.75% |
| Annual Growth Rate | 8.14% |
| 5-Year Change | 395.98% |
| 10-Year Change | 18734.65% |
| Growth Volatility | 3049.77 |
Field Solutions Holdings Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Field Solutions Holdings 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 Field Solutions Holdings Ltd (2000–2024)
The table below shows the annual net assets of Field Solutions Holdings Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$37.50 Million | -4.95% |
| 2023-06-30 | AU$39.45 Million | -4.82% |
| 2022-06-30 | AU$41.45 Million | +293.23% |
| 2021-06-30 | AU$10.54 Million | +39.42% |
| 2020-06-30 | AU$7.56 Million | +33.26% |
| 2019-06-30 | AU$5.67 Million | -7.11% |
| 2018-06-30 | AU$6.11 Million | +17.65% |
| 2017-06-30 | AU$5.19 Million | +13635.51% |
| 2016-06-30 | AU$37.80K | -81.01% |
| 2015-06-30 | AU$199.10K | -48.58% |
| 2014-06-30 | AU$387.18K | +793.02% |
| 2013-06-30 | AU$-55.87K | +56.37% |
| 2012-06-30 | AU$-128.06K | -469.00% |
| 2011-06-30 | AU$34.70K | -92.74% |
| 2010-06-30 | AU$477.73K | -82.32% |
| 2009-06-30 | AU$2.70 Million | -76.16% |
| 2008-06-30 | AU$11.34 Million | -40.23% |
| 2007-06-30 | AU$18.97 Million | +36.67% |
| 2006-06-30 | AU$13.88 Million | +340.60% |
| 2005-06-30 | AU$3.15 Million | -79.17% |
| 2004-06-30 | AU$15.12 Million | +163.72% |
| 2000-06-30 | AU$5.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Field Solutions Holdings 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 318222400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$38.50 Million | 102.66% |
| Other Comprehensive Income | AU$2.19 Million | 5.83% |
| Total Equity | AU$37.50 Million | 100.00% |
Field Solutions Holdings Ltd Competitors by Market Cap
The table below lists competitors of Field Solutions Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Companhia de Fiacao e Tecidos Cedro Cachoeira
SA:CEDO3
|
$4.63 Million |
|
Mitra International Resources
JK:MIRA
|
$4.63 Million |
|
CREF Equity Index Account - R2
NASDAQ:QCEQPX
|
$4.63 Million |
|
Legacy Gold Mines Ltd.
V:LEGY
|
$4.63 Million |
|
Apptech Corp
NASDAQ:APCX
|
$4.62 Million |
|
Signaux Girod
PA:ALGIR
|
$4.62 Million |
|
Abits Group Inc.
NASDAQ:ABTS
|
$4.62 Million |
|
GGL Resources Corp
PINK:GGLXF
|
$4.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Field Solutions Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,453,182 to 37,500,549, a change of -1,952,633 (-4.9%).
- Net loss of 2,862,546 reduced equity.
- Share repurchases of 90,000 reduced equity.
- New share issuances of 90,000 increased equity.
- Other comprehensive income increased equity by 819,913.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.86 Million | -7.63% |
| Share Repurchases | AU$90.00K | -0.24% |
| Share Issuances | AU$90.00K | +0.24% |
| Other Comprehensive Income | AU$819.91K | +2.19% |
| Other Changes | AU$90.00K | +0.24% |
| Total Change | AU$- | -4.95% |
Book Value vs Market Value Analysis
This analysis compares Field Solutions Holdings 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: 0.45x
- 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 increased from 0.00x to 0.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | AU$11.59 | AU$0.02 | x |
| 2005-06-30 | AU$0.45 | AU$0.02 | x |
| 2006-06-30 | AU$3.63 | AU$0.02 | x |
| 2007-06-30 | AU$3.93 | AU$0.02 | x |
| 2008-06-30 | AU$2.22 | AU$0.02 | x |
| 2009-06-30 | AU$0.65 | AU$0.02 | x |
| 2010-06-30 | AU$0.06 | AU$0.02 | x |
| 2011-06-30 | AU$0.00 | AU$0.02 | x |
| 2012-06-30 | AU$-0.01 | AU$0.02 | x |
| 2013-06-30 | AU$0.00 | AU$0.02 | x |
| 2014-06-30 | AU$0.02 | AU$0.02 | x |
| 2015-06-30 | AU$0.01 | AU$0.02 | x |
| 2016-06-30 | AU$0.00 | AU$0.02 | x |
| 2017-06-30 | AU$0.07 | AU$0.02 | x |
| 2018-06-30 | AU$0.02 | AU$0.02 | x |
| 2019-06-30 | AU$0.01 | AU$0.02 | x |
| 2020-06-30 | AU$0.02 | AU$0.02 | x |
| 2021-06-30 | AU$0.02 | AU$0.02 | x |
| 2022-06-30 | AU$0.05 | AU$0.02 | x |
| 2023-06-30 | AU$0.05 | AU$0.02 | x |
| 2024-06-30 | AU$0.05 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Field Solutions Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.58%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.29x
- Recent ROE (-7.63%) is above the historical average (-156.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -23.05% | -740.82% | 0.02x | 1.43x | AU$-1.04 Million |
| 2006 | -44.34% | -477.80% | 0.08x | 1.13x | AU$-7.54 Million |
| 2007 | -40.14% | -198.33% | 0.18x | 1.11x | AU$-9.51 Million |
| 2008 | -68.90% | -192.72% | 0.29x | 1.22x | AU$-8.94 Million |
| 2009 | -376.73% | -344.88% | 0.71x | 1.54x | AU$-10.45 Million |
| 2010 | -153.85% | -171.75% | 0.36x | 2.50x | AU$-782.75K |
| 2011 | -1852.89% | -421.46% | 0.42x | 10.47x | AU$-646.50K |
| 2012 | 0.00% | -2418.42% | 0.26x | 0.00x | AU$-349.96K |
| 2013 | 0.00% | -8138.75% | 0.01x | 0.00x | AU$-157.19K |
| 2014 | -8.44% | -30.35% | 0.26x | 1.06x | AU$-71.38K |
| 2015 | -94.46% | -276.31% | 0.29x | 1.18x | AU$-207.99K |
| 2016 | -426.73% | -334.05% | 0.76x | 1.68x | AU$-165.08K |
| 2017 | -19.16% | -19.10% | 0.85x | 1.19x | AU$-1.51 Million |
| 2018 | -7.61% | -6.25% | 0.99x | 1.24x | AU$-1.08 Million |
| 2019 | -9.41% | -6.08% | 1.02x | 1.51x | AU$-1.10 Million |
| 2020 | -6.25% | -4.45% | 0.98x | 1.43x | AU$-1.23 Million |
| 2021 | 20.18% | 11.29% | 1.13x | 1.58x | AU$1.07 Million |
| 2022 | 3.20% | 3.10% | 0.69x | 1.49x | AU$-2.82 Million |
| 2023 | -6.10% | -4.31% | 0.78x | 1.82x | AU$-6.35 Million |
| 2024 | -7.63% | -4.58% | 0.73x | 2.29x | AU$-6.61 Million |
Industry Comparison
This section compares Field Solutions Holdings Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $95,240,785
- Average return on equity (ROE) among peers: -12.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Field Solutions Holdings Ltd (FSG) | AU$37.50 Million | -23.05% | 1.29x | $4.62 Million |
| Pentanet Ltd (5GG) | $2.56 Million | -85.36% | 0.94x | $4.53 Million |
| Aussie Broadband Ltd (ABB) | $-3.42 Million | 0.00% | 0.00x | $694.23 Million |
| Chorus Ltd (CNU) | $650.00 Million | 0.00% | 2.76x | $2.04 Billion |
| Hubify Ltd (HFY) | $10.18 Million | -18.93% | 0.72x | $1.79 Million |
| Hutchison Telecommunications (Australia) Ltd (HTA) | $186.26 Million | 6.54% | 0.44x | $1.16 Million |
| Norwood Systems Ltd (NOR) | $2.73 Million | -27.26% | 0.02x | $1.96 Million |
| Spacetalk Ltd (SPA) | $647.90K | 39.66% | 1.98x | $2.88 Million |
| Spirit Technology Solutions Ltd (ST1) | $5.86 Million | -35.04% | 0.06x | $15.83 Million |
| Swoop Holdings Ltd (SWP) | $2.34 Million | 11.80% | 0.39x | $10.24 Million |