Good Drinks Australia Ltd

AU:GDA Australia Beverages - Brewers
Market Cap
$26.18 Million
AU$42.28 Million AUD
Market Cap Rank
#27127 Global
#658 in Australia
Share Price
AU$0.32
Change (1 day)
+0.00%
52-Week Range
AU$0.32 - AU$0.32
All Time High
AU$1.40
Categories
Companies in Australia Beverages - Brewers
About

Good Drinks Australia Limited engages in manufactures, markets, and distributes beer, cider, and other beverages in Australia. It operates through two segments, Core and Hospitality. The company offer its products under the Gage Roads, Matso's, Atomic, Alby, Rider, Hello Sunshine, Miller, Miller Chill, Coors, Rekorderlig, San Miguel, and Magners brands. It is involved in the operation of hospital… Read more

Good Drinks Australia Ltd (GDA) - Net Assets

Latest net assets as of June 2024: AU$61.74 Million AUD

Based on the latest financial reports, Good Drinks Australia Ltd (GDA) has net assets worth AU$61.74 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$132.28 Million) and total liabilities (AU$70.54 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$61.74 Million
% of Total Assets 46.67%
Annual Growth Rate 13.01%
5-Year Change 20.23%
10-Year Change 288.39%
Growth Volatility 35.0

Good Drinks Australia Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Good Drinks Australia 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 Good Drinks Australia Ltd (2006–2024)

The table below shows the annual net assets of Good Drinks Australia Ltd from 2006 to 2024.

Year Net Assets Change
2024-06-30 AU$61.74 Million -3.57%
2023-06-30 AU$64.02 Million +0.42%
2022-06-30 AU$63.75 Million +5.57%
2021-06-30 AU$60.39 Million +17.60%
2020-06-30 AU$51.35 Million +0.60%
2019-06-30 AU$51.04 Million +33.18%
2018-06-30 AU$38.32 Million +44.60%
2017-06-30 AU$26.50 Million +58.34%
2016-06-30 AU$16.74 Million +5.30%
2015-06-30 AU$15.90 Million -4.86%
2014-06-30 AU$16.71 Million +4.15%
2013-06-30 AU$16.04 Million +126.78%
2012-06-30 AU$7.07 Million +23.61%
2011-06-30 AU$5.72 Million +3.87%
2010-06-30 AU$5.51 Million +38.72%
2009-06-30 AU$3.97 Million +23.10%
2008-06-30 AU$3.23 Million -26.16%
2007-06-30 AU$4.37 Million -36.00%
2006-06-30 AU$6.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to Good Drinks Australia 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 225647500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$60.26 Million 97.61%
Other Comprehensive Income AU$3.96 Million 6.41%
Total Equity AU$61.74 Million 100.00%

Good Drinks Australia Ltd Competitors by Market Cap

The table below lists competitors of Good Drinks Australia Ltd ranked by their market capitalization.

Company Market Cap
Donaco International Ltd
AU:DNA
 		$13.81 Million
FAR Ltd
AU:FAR
 		$13.81 Million
Mundial S.A. - Produtos de Consumo
SA:MNDL3
 		$13.81 Million
Trabzon Liman Isletmeciligi A.S.
IS:TLMAN
 		$13.81 Million
Watos Corea Co. Ltd
KQ:079000
 		$13.79 Million
Buima Group
TWO:5543
 		$13.79 Million
Solera National Bancorp Inc
PINK:SLRK
 		$13.78 Million
Clinical Laserthermia Systems AB (publ)
ST:CLS-B
 		$13.78 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 64,019,000 to 61,736,000, a change of -2,283,000 (-3.6%).
  • Net loss of 2,799,000 reduced equity.
  • Share repurchases of 11,000 reduced equity.
  • Other comprehensive income increased equity by 570,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-2.80 Million -4.53%
Share Repurchases AU$11.00K -0.02%
Other Comprehensive Income AU$570.00K +0.92%
Other Changes AU$-43.00K -0.07%
Total Change AU$- -3.57%

Book Value vs Market Value Analysis

This analysis compares Good Drinks Australia 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: 0.68x
  • 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 5.17x to 0.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-06-30 AU$0.06 AU$0.32 x
2007-06-30 AU$0.57 AU$0.32 x
2008-06-30 AU$0.23 AU$0.32 x
2009-06-30 AU$0.20 AU$0.32 x
2010-06-30 AU$0.15 AU$0.32 x
2011-06-30 AU$0.15 AU$0.32 x
2012-06-30 AU$0.17 AU$0.32 x
2013-06-30 AU$0.37 AU$0.32 x
2014-06-30 AU$0.34 AU$0.32 x
2015-06-30 AU$0.32 AU$0.32 x
2016-06-30 AU$0.32 AU$0.32 x
2017-06-30 AU$0.35 AU$0.32 x
2018-06-30 AU$0.43 AU$0.32 x
2019-06-30 AU$0.49 AU$0.32 x
2020-06-30 AU$0.45 AU$0.32 x
2021-06-30 AU$0.48 AU$0.32 x
2022-06-30 AU$0.50 AU$0.32 x
2023-06-30 AU$0.50 AU$0.32 x
2024-06-30 AU$0.47 AU$0.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Good Drinks Australia 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): -4.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.51%
  • • Asset Turnover: 0.84x
  • • Equity Multiplier: 2.14x
  • Recent ROE (-4.53%) is above the historical average (-10.64%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -70.29% -155.14% 0.37x 1.24x AU$-3.51 Million
2008 -112.47% -172.38% 0.49x 1.33x AU$-3.95 Million
2009 -51.30% -152.32% 0.27x 1.24x AU$-2.43 Million
2010 12.33% 11.65% 0.48x 2.19x AU$128.18K
2011 2.14% 0.78% 1.07x 2.58x AU$-449.88K
2012 7.08% 2.53% 0.92x 3.05x AU$-206.67K
2013 5.37% 3.81% 0.68x 2.06x AU$-742.15K
2014 -2.26% -1.38% 0.85x 1.94x AU$-2.05 Million
2015 -5.20% -3.39% 0.75x 2.05x AU$-2.42 Million
2016 3.66% 2.40% 0.75x 2.02x AU$-1.06 Million
2017 7.60% 7.41% 0.76x 1.35x AU$-636.18K
2018 5.38% 6.21% 0.70x 1.24x AU$-1.77 Million
2019 5.19% 6.67% 0.63x 1.24x AU$-2.45 Million
2020 -4.16% -5.80% 0.39x 1.82x AU$-7.27 Million
2021 7.08% 5.07% 0.82x 1.69x AU$-1.76 Million
2022 3.11% 2.83% 0.56x 1.95x AU$-4.39 Million
2023 -0.25% -0.15% 0.79x 2.09x AU$-6.56 Million
2024 -4.53% -2.51% 0.84x 2.14x AU$-8.97 Million

Industry Comparison

This section compares Good Drinks Australia Ltd's net assets metrics with peer companies in the Beverages - Brewers industry.

Industry Context

  • Industry: Beverages - Brewers
  • Average net assets among peers: $40,517,000
  • Average return on equity (ROE) among peers: -52.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Good Drinks Australia Ltd (GDA) AU$61.74 Million -70.29% 1.14x $13.80 Million
Top Shelf International Holdings Ltd (TSI) $40.52 Million -52.25% 1.07x $5.67 Million