Heramed Ltd (HMD) - Net Assets
Based on the latest financial reports, Heramed Ltd (HMD) has net assets worth AU$379.12K AUD (≈ $268.26K 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$1.04 Million ≈ $734.01K USD) and total liabilities (AU$658.25K ≈ $465.75K 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 how resilient are Heramed Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$379.12K |
| % of Total Assets | 36.55% |
| Annual Growth Rate | 8.82% |
| 5-Year Change | -13.63% |
| 10-Year Change | N/A |
| Growth Volatility | 534.92 |
Heramed Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Heramed Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Heramed Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Heramed Ltd (2016–2024)
The table below shows the annual net assets of Heramed Ltd from 2016 to 2024. For live valuation and market cap data, see HMD market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$1.72 Million ≈ $1.21 Million |
+267.50% |
| 2023-12-31 | AU$466.70K ≈ $330.22K |
-83.87% |
| 2022-12-31 | AU$2.89 Million ≈ $2.05 Million |
+554.87% |
| 2021-12-31 | AU$441.88K ≈ $312.66K |
-77.75% |
| 2020-12-31 | AU$1.99 Million ≈ $1.41 Million |
-16.88% |
| 2019-12-31 | AU$2.39 Million ≈ $1.69 Million |
-28.81% |
| 2018-12-31 | AU$3.36 Million ≈ $2.37 Million |
+1562.41% |
| 2017-12-31 | AU$201.88K ≈ $142.84K |
-76.85% |
| 2016-12-31 | AU$872.17K ≈ $617.12K |
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Equity Component Analysis
This analysis shows how different components contribute to Heramed 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 2608135609.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$24.10 Million | 1404.97% |
| Other Comprehensive Income | AU$6.29 Million | 366.93% |
| Total Equity | AU$1.72 Million | 100.00% |
Heramed Ltd Competitors by Market Cap
The table below lists competitors of Heramed Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rightmove PLC
LSE:RMV
|
$39.40 Million |
|
Tela Bio Inc
NASDAQ:TELA
|
$39.41 Million |
|
M.J. International Co Ltd
TW:8466
|
$39.42 Million |
|
Enerside Energy S.A.
MC:ENRS
|
$39.43 Million |
|
Jubilee Enterprise Public Company Limited
BK:JUBILE
|
$39.38 Million |
|
Career Point Limited
NSE:CAREERP
|
$39.37 Million |
|
Ginni Filaments Limited
NSE:GINNIFILA
|
$39.36 Million |
|
Fusemachines Inc. Common stock
NASDAQ:FUSE
|
$39.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heramed Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 466,699 to 1,715,113, a change of 1,248,414 (267.5%).
- Net loss of 3,398,265 reduced equity.
- Share repurchases of 7,082,830 reduced equity.
- New share issuances of 7,082,833 increased equity.
- Other comprehensive income increased equity by 1,270,625.
- Other factors increased equity by 3,376,051.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.40 Million | -198.14% |
| Share Repurchases | AU$7.08 Million | -412.97% |
| Share Issuances | AU$7.08 Million | +412.97% |
| Other Comprehensive Income | AU$1.27 Million | +74.08% |
| Other Changes | AU$3.38 Million | +196.84% |
| Total Change | AU$- | 267.50% |
Book Value vs Market Value Analysis
This analysis compares Heramed 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: 15.50x
- 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 increased from 5.34x to 15.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | AU$0.01 | AU$0.05 | x |
| 2017-12-31 | AU$0.00 | AU$0.05 | x |
| 2018-12-31 | AU$0.04 | AU$0.05 | x |
| 2019-12-31 | AU$0.03 | AU$0.05 | x |
| 2020-12-31 | AU$0.02 | AU$0.05 | x |
| 2021-12-31 | AU$0.00 | AU$0.05 | x |
| 2022-12-31 | AU$0.01 | AU$0.05 | x |
| 2023-12-31 | AU$0.00 | AU$0.05 | x |
| 2024-12-31 | AU$0.00 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heramed Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -198.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1507.04%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.62x
- Recent ROE (-198.14%) is above the historical average (-260.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -235.57% | 0.00% | 0.00x | 1.98x | AU$-2.14 Million |
| 2017 | -392.23% | 0.00% | 0.00x | 6.18x | AU$-812.02K |
| 2018 | -86.78% | -4880.82% | 0.01x | 1.27x | AU$-3.25 Million |
| 2019 | -132.54% | -2152.08% | 0.04x | 1.51x | AU$-3.41 Million |
| 2020 | -169.14% | -8500.28% | 0.01x | 1.60x | AU$-3.56 Million |
| 2021 | 0.00% | -6822.27% | 0.02x | 0.00x | AU$-5.70 Million |
| 2022 | -169.25% | -2261.58% | 0.05x | 1.45x | AU$-5.17 Million |
| 2023 | -964.81% | -1089.77% | 0.21x | 4.32x | AU$-4.55 Million |
| 2024 | -198.14% | -1507.04% | 0.08x | 1.62x | AU$-3.57 Million |
Industry Comparison
This section compares Heramed Ltd's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $154,202,641
- Average return on equity (ROE) among peers: -53.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heramed Ltd (HMD) | AU$379.12K | -235.57% | 1.74x | $39.40 Million |
| 4DMEDICAL Ltd (4DX) | $3.78 Million | -104.20% | 0.44x | $1.66 Billion |
| Adherium Ltd (ADR) | $34.53 Million | -3.63% | 0.08x | $7.37 Million |
| Aroa Biosurgery Ltd (ARX) | $9.77 Million | 0.00% | 0.24x | $157.04 Million |
| Atomo Diagnostics Ltd (AT1) | $14.79 Million | -67.33% | 0.11x | $13.76 Million |
| Avita Medical Inc (AVH) | $5.12 Million | -224.74% | 0.50x | $127.84 Million |
| Anteris Technologies Global Corp (AVR) | $38.56 Million | -65.49% | 0.07x | $572.20 Million |
| Control Bionics Ltd (CBL) | $5.51 Million | -110.89% | 0.49x | $16.32 Million |
| Cardiex Ltd (CDX) | $4.88 Million | 56.04% | 0.31x | $13.23 Million |
| Compumedics Ltd (CMP) | $23.59 Million | 5.75% | 0.77x | $40.28 Million |
| Cochlear Ltd (COH) | $1.40 Billion | -17.00% | 0.84x | $4.64 Billion |
About Heramed Ltd
HeraMED Limited, a medical data and technology company, develops, manufactures, and sells home-based maternity monitoring technology in Australia and the United States. It also provides HeraBEAT, a medical device for fetal and maternal heart rate used by pregnant women; and HeraCARE, a remote fetal heart rate monitoring solution. The company has a collaboration agreement with Mayo Clinic for the … Read more