HITIQ Ltd (HIQ) - Net Assets

Latest as of June 2025: AU$-4.02 Million AUD ≈ $-2.85 Million USD

Based on the latest financial reports, HITIQ Ltd (HIQ) has net assets worth AU$-4.02 Million AUD (≈ $-2.85 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.28 Million ≈ $2.32 Million USD) and total liabilities (AU$7.30 Million ≈ $5.16 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. Check HITIQ Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-4.02 Million
% of Total Assets	-122.78%
Annual Growth Rate	N/A
5-Year Change	-150.77%
10-Year Change	N/A
Growth Volatility	870.85

HITIQ Ltd - Net Assets Trend (2018–2024)

This chart illustrates how HITIQ Ltd's net assets have evolved over time, based on quarterly financial data. Also explore HIQ total asset value for the complete picture of this company's asset base.

Annual Net Assets for HITIQ Ltd (2018–2024)

The table below shows the annual net assets of HITIQ Ltd from 2018 to 2024. For live valuation and market cap data, see HIQ market cap.

Year	Net Assets	Change
2024-12-31	AU$-4.02 Million ≈ $-2.85 Million	-172.95%
2023-12-31	AU$-1.47 Million ≈ $-1.04 Million	-3045.09%
2022-12-31	AU$-46.86K ≈ $-33.16K	-103.99%
2021-12-31	AU$1.17 Million ≈ $830.30K	-85.19%
2020-12-31	AU$7.92 Million ≈ $5.61 Million	+1948.21%
2019-12-31	AU$386.86K ≈ $273.73K	+7.43%
2018-12-31	AU$360.10K ≈ $254.80K	--

Equity Component Analysis

This analysis shows how different components contribute to HITIQ 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 2826469300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$28.40 Million	%
Other Comprehensive Income	AU$327.32K	%
Total Equity	AU$-4.02 Million	100.00%

HITIQ Ltd Competitors by Market Cap

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

Company	Market Cap
Elevai Labs, Inc. Common Stock NASDAQ:ELAB	$4.86 Million
BetterLife Pharma Inc F:NPAU	$4.86 Million
Mustang Bio Inc NASDAQ:MBIO	$4.87 Million
amalphi ag F:AMI	$4.87 Million
Fidelity Asian Values LSE:FAS	$4.86 Million
Akash Infra-Projects Limited NSE:AKASH	$4.86 Million
IDeA Indonesia Akademi Tbk PT JK:IDEA	$4.86 Million
Videndum Plc LSE:VID	$4.85 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from -1,473,821 to -4,022,742, a change of -2,548,921.
Net loss of 7,212,305 reduced equity.
Share repurchases of 8,950 reduced equity.
New share issuances of 1,481,437 increased equity.
Other comprehensive income increased equity by 2,542.
Other factors increased equity by 3,188,355.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-7.21 Million	-179.29%
Share Repurchases	AU$8.95K	-0.22%
Share Issuances	AU$1.48 Million	+36.83%
Other Comprehensive Income	AU$2.54K	+0.06%
Other Changes	AU$3.19 Million	+79.26%
Total Change	AU$-	%

Book Value vs Market Value Analysis

This analysis compares HITIQ 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2018-12-31	AU$0.00	AU$0.01	x
2019-12-31	AU$0.01	AU$0.01	x
2020-12-31	AU$0.10	AU$0.01	x
2021-12-31	AU$0.01	AU$0.01	x
2022-12-31	AU$0.00	AU$0.01	x
2023-12-31	AU$0.00	AU$0.01	x
2024-12-31	AU$-0.01	AU$0.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently HITIQ 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -357.95%
• Asset Turnover: 0.61x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-308.94%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2018	-829.71%	-329.00%	0.65x	3.88x	AU$-3.02 Million
2019	-676.95%	-6504.94%	0.02x	5.38x	AU$-2.66 Million
2020	-63.90%	-1244.92%	0.04x	1.20x	AU$-5.86 Million
2021	-592.05%	-1122.34%	0.14x	3.88x	AU$-7.06 Million
2022	0.00%	-650.60%	0.25x	0.00x	AU$-5.03 Million
2023	0.00%	-67.48%	1.27x	0.00x	AU$-3.06 Million
2024	0.00%	-357.95%	0.61x	0.00x	AU$-6.81 Million

Industry Comparison

This section compares HITIQ 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: $12,846,348
Average return on equity (ROE) among peers: -50.65%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HITIQ Ltd (HIQ)	AU$-4.02 Million	-829.71%	N/A	$4.86 Million
Adheris Health Limited (AHE)	$2.78 Million	-35.73%	0.18x	$130.05
Alcidion Group Ltd (ALC)	$13.24 Million	-0.64%	0.88x	$95.02 Million
ARTRYA Ltd (AYA)	$40.64 Million	-42.21%	0.08x	$455.29 Million
Beamtree Holdings Ltd (BMT)	$47.14 Million	-10.83%	0.27x	$24.68 Million
Cogstate Ltd (CGS)	$2.30 Million	-51.77%	0.23x	$291.33 Million
Careteq Ltd (CTQ)	$1.52 Million	-4.75%	2.91x	$2.06 Million
Doctor Care Anywhere Group Plc (DOC)	$-645.00K	0.00%	0.00x	$41.51 Million
Echoiq Ltd (EIQ)	$6.77 Million	-79.92%	0.22x	$468.78 Million
Emyria Ltd (EMD)	$3.78 Million	-138.47%	0.34x	$28.53 Million
Enlitic Inc (ENL)	$10.94 Million	-142.15%	0.06x	$5.90 Million

About HITIQ Ltd

AU:HIQ Australia Health Information Services

Market Cap

$4.86 Million

AU$6.87 Million AUD

Market Cap Rank

#28419 Global

#1582 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.03

All Time High

AU$0.23