K-Tig Ltd
K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, the United States, the Asia Pacific, and internationally. The company's technology offers precision process for various applications and suits to corrosion-resistant materials comprising stainless steel, nickel alloys, titanium alloys, as well as carbon steels and exotic materials. … Read more
K-Tig Ltd (KTG) - Net Assets
Latest net assets as of June 2024: AU$-1.01 Million AUD
Based on the latest financial reports, K-Tig Ltd (KTG) has net assets worth AU$-1.01 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$3.48 Million) and total liabilities (AU$4.49 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-1.01 Million |
| % of Total Assets | -29.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | -126.46% |
| 10-Year Change | -132.12% |
| Growth Volatility | 64.5 |
K-Tig Ltd - Net Assets Trend (2013–2024)
This chart illustrates how K-Tig 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 K-Tig Ltd (2013–2024)
The table below shows the annual net assets of K-Tig Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$-1.01 Million | +17.85% |
| 2023-06-30 | AU$-1.23 Million | -126.53% |
| 2022-06-30 | AU$4.65 Million | -21.33% |
| 2021-06-30 | AU$5.92 Million | +54.34% |
| 2020-06-30 | AU$3.83 Million | +2138.26% |
| 2019-06-30 | AU$-188.03K | -146.90% |
| 2018-06-30 | AU$400.92K | +28.60% |
| 2017-06-30 | AU$311.75K | -87.75% |
| 2016-06-30 | AU$2.54 Million | -19.42% |
| 2015-06-30 | AU$3.16 Million | -8.11% |
| 2014-06-30 | AU$3.44 Million | -9.77% |
| 2013-06-30 | AU$3.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to K-Tig 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 3265599700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$27.84 Million | % |
| Other Comprehensive Income | AU$3.86 Million | % |
| Total Equity | AU$-1.01 Million | 100.00% |
K-Tig Ltd Competitors by Market Cap
The table below lists competitors of K-Tig Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XEROS TECHNO.GRP LS-001
F:2X40
|
$6.58 Million |
|
Pivotal Metals Ltd
AU:PVT
|
$6.58 Million |
|
BORUTA-ZACHEM S.A. ZY-10
F:WO4
|
$6.59 Million |
|
Asian Marine Services Public Company Limited
BK:ASIMAR
|
$6.59 Million |
|
Esotiq & Henderson S.A.
WAR:EAH
|
$6.58 Million |
|
PharmaCyte Biotech Inc
NASDAQ:PMCB
|
$6.58 Million |
|
Study King Co., Ltd.
TWO:6780
|
$6.58 Million |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
$6.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K-Tig Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,234,683 to -1,014,288, a change of 220,395.
- Net loss of 1,154,326 reduced equity.
- Other comprehensive income increased equity by 1,249,496.
- Other factors increased equity by 125,225.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.15 Million | -113.81% |
| Other Comprehensive Income | AU$1.25 Million | +123.19% |
| Other Changes | AU$125.22K | +12.35% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares K-Tig 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 |
|---|---|---|---|
| 2012-06-30 | AU$0.50 | AU$4.28 | x |
| 2013-06-30 | AU$6.56 | AU$4.28 | x |
| 2014-06-30 | AU$4.33 | AU$4.28 | x |
| 2015-06-30 | AU$3.98 | AU$4.28 | x |
| 2016-06-30 | AU$3.21 | AU$4.28 | x |
| 2017-06-30 | AU$0.04 | AU$4.28 | x |
| 2018-06-30 | AU$0.05 | AU$4.28 | x |
| 2019-06-30 | AU$-0.04 | AU$4.28 | x |
| 2020-06-30 | AU$0.08 | AU$4.28 | x |
| 2021-06-30 | AU$0.09 | AU$4.28 | x |
| 2022-06-30 | AU$0.07 | AU$4.28 | x |
| 2023-06-30 | AU$-0.01 | AU$4.28 | x |
| 2024-06-30 | AU$-0.01 | AU$4.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K-Tig Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.24%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-215.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -8.02% | 0.00% | 0.00x | 1.01x | AU$-686.37K |
| 2014 | -10.83% | 0.00% | 0.00x | 1.02x | AU$-715.67K |
| 2015 | -56.54% | -3440.50% | 0.02x | 1.04x | AU$-2.10 Million |
| 2016 | -227.23% | -46530.88% | 0.00x | 1.20x | AU$-6.04 Million |
| 2017 | -1637.35% | -93264.88% | 0.01x | 2.31x | AU$-5.14 Million |
| 2018 | -219.58% | -69591.46% | 0.00x | 1.41x | AU$-920.42K |
| 2019 | 0.00% | -55.09% | 7.22x | 0.00x | AU$-570.19K |
| 2020 | -218.72% | -2646.69% | 0.07x | 1.22x | AU$-8.77 Million |
| 2021 | -75.78% | -287.06% | 0.22x | 1.23x | AU$-5.07 Million |
| 2022 | -128.12% | -161.04% | 0.54x | 1.47x | AU$-6.43 Million |
| 2023 | 0.00% | -207.76% | 0.56x | 0.00x | AU$-6.31 Million |
| 2024 | 0.00% | -52.24% | 0.63x | 0.00x | AU$-1.05 Million |
Industry Comparison
This section compares K-Tig Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $18,709,483
- Average return on equity (ROE) among peers: -37.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K-Tig Ltd (KTG) | AU$-1.01 Million | -8.02% | N/A | $6.58 Million |
| Adrad Holdings Ltd (AHL) | $5.52 Million | -360.18% | 0.31x | $14.29 Million |
| Advanced Innergy Holdings Ltd (AIH) | $60.84 Million | 6.61% | 1.61x | $5.25K |
| Axiom Properties Ltd (AXI) | $1.69 Million | 63.75% | 5.84x | $1.42 Million |
| Ipd Group Ltd (IPG) | $28.83 Million | 13.79% | 1.18x | $209.28 Million |
| Laserbond Ltd (LBL) | $7.77 Million | 12.45% | 0.62x | $23.63 Million |
| Multistack International Ltd (MSI) | $7.95 Million | 4.53% | 2.03x | $30.53K |
| Titomic Ltd (TTT) | $25.57 Million | -42.33% | 0.17x | $160.29 Million |
| ZICOM Group Ltd (ZGL) | $11.50 Million | 0.00% | 0.18x | $3.68 Million |