M8 Sustainable Ltd
M8 Sustainable Limited provides waste management services to domestic, industrial, and local government clients in Australia. It operates through three segments: Waste Management, Operations and Maintenance, and Landfill Operations. The company offers waste recycling and resource recovery services. It also operates and maintains household waste treatment facilities; and construction and demolitio… Read more
M8 Sustainable Ltd (M8S) - Net Assets
Latest net assets as of June 2024: AU$-12.59 Million AUD
Based on the latest financial reports, M8 Sustainable Ltd (M8S) has net assets worth AU$-12.59 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$1.01 Million) and total liabilities (AU$13.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-12.59 Million |
| % of Total Assets | -1242.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | -160.79% |
| 10-Year Change | N/A |
| Growth Volatility | 222.47 |
M8 Sustainable Ltd - Net Assets Trend (2018–2024)
This chart illustrates how M8 Sustainable 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 M8 Sustainable Ltd (2018–2024)
The table below shows the annual net assets of M8 Sustainable Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$-12.59 Million | +12.52% |
| 2023-06-30 | AU$-14.39 Million | -561.35% |
| 2022-06-30 | AU$3.12 Million | -68.74% |
| 2021-06-30 | AU$9.98 Million | -51.81% |
| 2020-06-30 | AU$20.71 Million | -25.82% |
| 2019-06-30 | AU$27.92 Million | +1906.43% |
| 2018-06-30 | AU$-1.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to M8 Sustainable 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 5920737300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | AU$48.40 Million | % |
| Total Equity | AU$-12.59 Million | 100.00% |
M8 Sustainable Ltd Competitors by Market Cap
The table below lists competitors of M8 Sustainable Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T.R.V. Rubber Products PCL
BK:TRV
|
$2.62 Million |
|
Unifin Financiera S. A. B. de C. V
MX:UNIFINA
|
$2.62 Million |
|
Super League Enterprise Inc.
NASDAQ:SLE
|
$2.62 Million |
|
RUBIX Resources Ltd
AU:RB6
|
$2.62 Million |
|
E-Pango SA
PA:ALAGO
|
$2.62 Million |
|
China Ouhua Winery Holdings
KLSE:5188
|
$2.62 Million |
|
Raize Servicos de Gestao SA
LS:MLRZE
|
$2.62 Million |
|
SEED INNOVATIONS LTD.
F:LYZ1
|
$2.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M8 Sustainable Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -14,389,605 to -12,587,453, a change of 1,802,152.
- Net income of 1,802,152 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,673,885.
- Other factors increased equity by 2,673,885.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.80 Million | +14.32% |
| Other Comprehensive Income | AU$-2.67 Million | -21.24% |
| Other Changes | AU$2.67 Million | +21.24% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares M8 Sustainable 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 |
|---|---|---|---|
| 2018-06-30 | AU$-0.01 | AU$0.01 | x |
| 2019-06-30 | AU$0.11 | AU$0.01 | x |
| 2020-06-30 | AU$0.12 | AU$0.01 | x |
| 2021-06-30 | AU$0.04 | AU$0.01 | x |
| 2022-06-30 | AU$0.01 | AU$0.01 | x |
| 2023-06-30 | AU$-0.03 | AU$0.01 | x |
| 2024-06-30 | AU$-0.02 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M8 Sustainable Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 376.27%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-104.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -98.59% | 0.12x | 0.00x | AU$-1.62 Million |
| 2019 | -25.90% | -1057.89% | 0.02x | 1.10x | AU$-10.02 Million |
| 2020 | -66.62% | -695.77% | 0.07x | 1.42x | AU$-15.86 Million |
| 2021 | -110.08% | -136.61% | 0.25x | 3.23x | AU$-11.98 Million |
| 2022 | -527.40% | -179.16% | 0.26x | 11.22x | AU$-16.76 Million |
| 2023 | 0.00% | -1377.42% | 1.46x | 0.00x | AU$-18.00 Million |
| 2024 | 0.00% | 376.27% | 0.47x | 0.00x | AU$3.06 Million |
Industry Comparison
This section compares M8 Sustainable Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $125,776,456
- Average return on equity (ROE) among peers: -30.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M8 Sustainable Ltd (M8S) | AU$-12.59 Million | 0.00% | N/A | $2.62 Million |
| Close the Loop Ltd (CLG) | $3.97 Million | -53.79% | 11.74x | $5.13 Million |
| ENTYR Ltd (ETR) | $2.89 Million | -55.24% | 0.09x | $6.27 Million |
| Infragreen Group Ltd (IFN) | $492.06 Million | -1.66% | 4.13x | $17.00 Million |
| Livium Ltd (LIT) | $4.19 Million | -10.76% | 0.01x | $7.62 Million |