Lawfinance Ltd

AU:LAW Australia Credit Services
Market Cap
$197.73K
AU$319.34K AUD
Market Cap Rank
#40575 Global
#1482 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.01
All Time High
AU$24.71
Categories
Companies in Australia Credit Services Banking & Financial
About

LawFinance Limited provides financing solutions to the legal industry in the United States. The company operates through Short-Term Funding and National Health Finance segments. It offers medical lien funding, office rental, and insurance brokerage services. The company was formerly known as JustKapital Limited and changed its name to LawFinance Limited in October 2018. LawFinance Limited was inc… Read more

Lawfinance Ltd (LAW) - Net Assets

Latest net assets as of December 2023: AU$-3.07 Million AUD

Based on the latest financial reports, Lawfinance Ltd (LAW) has net assets worth AU$-3.07 Million AUD as of December 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.81 Million) and total liabilities (AU$9.88 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$-3.07 Million
% of Total Assets -45.07%
Annual Growth Rate N/A
5-Year Change -124.6%
10-Year Change -143.68%
Growth Volatility 166.38

Lawfinance Ltd - Net Assets Trend (1998–2023)

This chart illustrates how Lawfinance 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 Lawfinance Ltd (1998–2023)

The table below shows the annual net assets of Lawfinance Ltd from 1998 to 2023.

Year Net Assets Change
2023-12-31 AU$-3.07 Million +91.29%
2022-12-31 AU$-35.25 Million -364.15%
2021-12-31 AU$-7.60 Million +79.17%
2020-12-31 AU$-36.47 Million -392.34%
2019-12-31 AU$12.48 Million -28.04%
2018-12-31 AU$17.34 Million +276.29%
2017-12-31 AU$4.61 Million -59.35%
2016-12-31 AU$11.34 Million +46.92%
2015-12-31 AU$7.72 Million +9.82%
2014-12-31 AU$7.03 Million +189.90%
2013-12-31 AU$2.42 Million +69.65%
2012-12-31 AU$1.43 Million -47.48%
2011-12-31 AU$2.72 Million -1.15%
2010-12-31 AU$2.75 Million +48.28%
2009-12-31 AU$1.86 Million +149.55%
2008-12-31 AU$743.58K -39.30%
2007-12-31 AU$1.23 Million +403.42%
2001-12-31 AU$243.35K -72.32%
2000-12-31 AU$879.18K -90.35%
1999-12-31 AU$9.11 Million -12.01%
1998-12-31 AU$10.36 Million --

Equity Component Analysis

This analysis shows how different components contribute to Lawfinance 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 527740.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Common Stock AU$104.40 Million %
Other Comprehensive Income AU$82.75 Million %
Total Equity AU$-2.57 Million 100.00%

Lawfinance Ltd Competitors by Market Cap

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

Company Market Cap
PENN NATL GAMING
BE:PN1
 		$121.34K
Waberer's International Nyrt
F:3WB
 		$121.42K
INTERNATIONAL METALS MIN.
F:C2Y0
 		$121.46K
BIDN39
SA:BIDN39
 		$121.48K
Copper Property CTL Pass Through Trust
OTCGREY:CPPTL
 		$121.24K
Transition Evergreen
PA:EGR
 		$121.15K
RiverNorth Flexible Municipal Income Fund II Inc
NYSE:RFMZ
 		$121.14K
Maiden Holdings North America Ltd ELKS
NYSE:MHNC
 		$121.12K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2022 to 2023, total equity changed from -34,937,000 to -2,568,000, a change of 32,369,000.
  • Net loss of 9,626 reduced equity.
  • Other comprehensive income increased equity by 54,730,000.
  • Other factors decreased equity by 22,351,374.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income AU$-9.63K -0.37%
Other Comprehensive Income AU$54.73 Million +2131.23%
Other Changes AU$-22.35 Million -870.38%
Total Change AU$- %

Book Value vs Market Value Analysis

This analysis compares Lawfinance 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
1998-12-31 AU$3702.81 AU$0.01 x
1999-12-31 AU$4376.99 AU$0.01 x
2000-12-31 AU$314.89 AU$0.01 x
2001-12-31 AU$78.91 AU$0.01 x
2007-12-31 AU$25.66 AU$0.01 x
2008-12-31 AU$9.63 AU$0.01 x
2009-12-31 AU$19.13 AU$0.01 x
2010-12-31 AU$22.26 AU$0.01 x
2011-12-31 AU$19.01 AU$0.01 x
2012-12-31 AU$9.69 AU$0.01 x
2013-12-31 AU$11.48 AU$0.01 x
2014-12-31 AU$12.76 AU$0.01 x
2015-12-31 AU$5.80 AU$0.01 x
2016-12-31 AU$7.71 AU$0.01 x
2017-12-31 AU$2.72 AU$0.01 x
2018-12-31 AU$2.95 AU$0.01 x
2019-12-31 AU$2.29 AU$0.01 x
2020-12-31 AU$-3.92 AU$0.01 x
2021-12-31 AU$-0.22 AU$0.01 x
2022-12-31 AU$-0.62 AU$0.01 x
2023-12-31 AU$-0.04 AU$0.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lawfinance 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: -176.79%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-86.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 3.15% 0.00% 0.00x 1.11x AU$-623.90K
2000 -694.56% -252.45% 1.30x 2.12x AU$-6.19 Million
2001 -469.82% -37.23% 2.34x 5.39x AU$-1.17 Million
2007 -105.96% 0.00% 0.00x 1.01x AU$-1.42 Million
2008 -19.67% 0.00% 0.00x 1.02x AU$-220.61K
2009 -43.18% 0.00% 0.00x 1.06x AU$-986.80K
2010 -38.07% 0.00% 0.00x 1.04x AU$-1.32 Million
2011 -40.33% 0.00% 0.00x 1.08x AU$-1.37 Million
2012 -57.93% 0.00% 0.00x 1.02x AU$-970.36K
2013 -36.92% 0.00% 0.00x 2.52x AU$-1.19 Million
2014 -49.73% 0.00% 0.00x 1.01x AU$-4.20 Million
2015 -9.70% -27.61% 0.15x 2.29x AU$-1.52 Million
2016 -13.33% -13.42% 0.25x 4.01x AU$-2.64 Million
2017 -78.00% -93.17% 0.07x 12.55x AU$-4.05 Million
2018 -65.41% -481.12% 0.01x 9.25x AU$-13.07 Million
2019 -6.14% -53.11% 0.01x 8.62x AU$-2.17 Million
2020 0.00% 0.00% -0.11x 0.00x AU$-50.43 Million
2021 0.00% 0.00% -0.06x 0.00x AU$-14.09 Million
2022 0.00% 0.00% -0.86x 0.00x AU$-27.78 Million
2023 0.00% -176.79% 0.00x 0.00x AU$247.17K

Industry Comparison

This section compares Lawfinance Ltd's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $373,844,036
  • Average return on equity (ROE) among peers: -10.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lawfinance Ltd (LAW) AU$-3.07 Million 3.15% N/A $121.26K
Butn Ltd (BTN) $8.11 Million -152.13% 10.26x $3.14 Million
Earlypay Ltd (EPY) $73.48 Million -10.54% 3.90x $16.78 Million
FSA Group Ltd (FSA) $76.76 Million 13.88% 3.90x $26.38 Million
Harmoney Corp Ltd (HMY) $37.13 Million 14.86% 24.46x $21.78 Million
Humm Group Ltd (HUM) $364.58 Million 18.06% 2.99x $98.09 Million
Liberty Financial Group (LFG) $1.19 Billion 11.23% 12.61x $129.94 Million
Latitude Group Holdings Ltd (LFS) $1.57 Billion 10.28% 4.12x $305.96 Million
Moneyme Ltd (MME) $46.85 Million 2.77% 2.56x $23.29 Million
Propell Holdings Ltd (PHL) $-845.24K 0.00% 0.00x $494.63K