Neurizer Ltd
NeuRizer Ltd. manufactures and sells urea fertilizers in Australia. It operates NeuRizer Urea project that deliver nitrogen-based fertilizers for agricultural markets. The company was formerly known as Leigh Creek Energy Limited and changed its name to NeuRizer Ltd. in March 2022. NeuRizer Ltd. is based in Adelaide, Australia.
Neurizer Ltd (NRZ) - Net Assets
Latest net assets as of June 2024: AU$73.02 Million AUD
Based on the latest financial reports, Neurizer Ltd (NRZ) has net assets worth AU$73.02 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$129.32 Million) and total liabilities (AU$56.30 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$73.02 Million |
| % of Total Assets | 56.46% |
| Annual Growth Rate | 16.24% |
| 5-Year Change | 113.77% |
| 10-Year Change | 3764.13% |
| Growth Volatility | 110.24 |
Neurizer Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Neurizer 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 Neurizer Ltd (2005–2024)
The table below shows the annual net assets of Neurizer Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$73.02 Million | +0.36% |
| 2023-06-30 | AU$72.75 Million | +28.80% |
| 2022-06-30 | AU$56.49 Million | +10.11% |
| 2021-06-30 | AU$51.30 Million | +50.20% |
| 2020-06-30 | AU$34.16 Million | +14.83% |
| 2019-06-30 | AU$29.75 Million | +17.19% |
| 2018-06-30 | AU$25.38 Million | +83.56% |
| 2017-06-30 | AU$13.83 Million | +28.19% |
| 2016-06-30 | AU$10.79 Million | +470.85% |
| 2015-06-30 | AU$1.89 Million | -48.96% |
| 2014-06-30 | AU$3.70 Million | -27.24% |
| 2013-06-30 | AU$5.09 Million | -27.14% |
| 2012-06-30 | AU$6.98 Million | -68.26% |
| 2011-06-30 | AU$22.00 Million | +29.27% |
| 2010-06-30 | AU$17.02 Million | -13.96% |
| 2009-06-30 | AU$19.78 Million | -4.67% |
| 2008-06-30 | AU$20.75 Million | +113.54% |
| 2007-06-30 | AU$9.72 Million | +53.76% |
| 2006-06-30 | AU$6.32 Million | +51.01% |
| 2005-06-30 | AU$4.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neurizer 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 10634053500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$163.31 Million | 223.66% |
| Other Comprehensive Income | AU$16.53 Million | 22.64% |
| Total Equity | AU$73.02 Million | 100.00% |
Neurizer Ltd Competitors by Market Cap
The table below lists competitors of Neurizer Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suumaya Industries Limited
NSE:SUULD
|
$1.11 Million |
|
MASIMO
BE:3M4
|
$1.11 Million |
|
Appulse Corp
V:APL
|
$1.11 Million |
|
LIQUID AVATAR TECHNO.INC.
F:4T5
|
$1.11 Million |
|
Lyc Healthcare Bhd
KLSE:0075
|
$1.11 Million |
|
Albright Metals Ltd
AU:ABR
|
$1.11 Million |
|
Academies Australasia Group Ltd
AU:AKG
|
$1.11 Million |
|
DUKE ENERGY - Dusseldorf Stock Exchang
DU:D2MN
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neurizer Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 72,753,810 to 73,018,511, a change of 264,701 (0.4%).
- Net loss of 5,604,000 reduced equity.
- Share repurchases of 247,251 reduced equity.
- New share issuances of 2,721,157 increased equity.
- Other comprehensive income decreased equity by 39,407.
- Other factors increased equity by 3,434,202.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.60 Million | -7.67% |
| Share Repurchases | AU$247.25K | -0.34% |
| Share Issuances | AU$2.72 Million | +3.73% |
| Other Comprehensive Income | AU$-39.41K | -0.05% |
| Other Changes | AU$3.43 Million | +4.7% |
| Total Change | AU$- | 0.36% |
Book Value vs Market Value Analysis
This analysis compares Neurizer 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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.10 | AU$0.00 | x |
| 2006-06-30 | AU$0.15 | AU$0.00 | x |
| 2007-06-30 | AU$0.18 | AU$0.00 | x |
| 2008-06-30 | AU$0.33 | AU$0.00 | x |
| 2009-06-30 | AU$0.28 | AU$0.00 | x |
| 2010-06-30 | AU$0.21 | AU$0.00 | x |
| 2011-06-30 | AU$0.27 | AU$0.00 | x |
| 2012-06-30 | AU$0.08 | AU$0.00 | x |
| 2013-06-30 | AU$0.06 | AU$0.00 | x |
| 2014-06-30 | AU$0.04 | AU$0.00 | x |
| 2015-06-30 | AU$0.01 | AU$0.00 | x |
| 2016-06-30 | AU$0.05 | AU$0.00 | x |
| 2017-06-30 | AU$0.05 | AU$0.00 | x |
| 2018-06-30 | AU$0.06 | AU$0.00 | x |
| 2019-06-30 | AU$0.07 | AU$0.00 | x |
| 2020-06-30 | AU$0.06 | AU$0.00 | x |
| 2021-06-30 | AU$0.08 | AU$0.00 | x |
| 2022-06-30 | AU$0.07 | AU$0.00 | x |
| 2023-06-30 | AU$0.07 | AU$0.00 | x |
| 2024-06-30 | AU$0.05 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neurizer Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.77x
- Recent ROE (-7.67%) is above the historical average (-83.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -9.96% | 0.00% | 0.00x | 1.04x | AU$-835.51K |
| 2006 | -23.01% | -54992.44% | 0.00x | 1.05x | AU$-2.09 Million |
| 2007 | -60.33% | -2086476.87% | 0.00x | 1.27x | AU$-6.83 Million |
| 2008 | -25.79% | -181731.75% | 0.00x | 1.09x | AU$-7.43 Million |
| 2009 | -28.33% | -105934.61% | 0.00x | 1.06x | AU$-7.58 Million |
| 2010 | -24.01% | -623816.79% | 0.00x | 1.06x | AU$-5.79 Million |
| 2011 | -12.58% | 0.00% | 0.00x | 1.06x | AU$-4.97 Million |
| 2012 | -217.19% | 0.00% | 0.00x | 1.04x | AU$-15.86 Million |
| 2013 | -40.39% | 0.00% | 0.00x | 1.03x | AU$-2.56 Million |
| 2014 | -42.22% | -446571.43% | 0.00x | 1.02x | AU$-1.93 Million |
| 2015 | -931.28% | -758861.58% | 0.00x | 1.27x | AU$-17.79 Million |
| 2016 | -49.74% | -13685.28% | 0.00x | 1.07x | AU$-6.44 Million |
| 2017 | -41.65% | -6784.07% | 0.00x | 1.25x | AU$-7.14 Million |
| 2018 | -23.71% | -2554.21% | 0.01x | 1.40x | AU$-8.56 Million |
| 2019 | -32.06% | -7662.94% | 0.00x | 1.18x | AU$-12.51 Million |
| 2020 | -20.95% | -28069.83% | 0.00x | 1.05x | AU$-10.57 Million |
| 2021 | -26.46% | -530234.38% | 0.00x | 1.08x | AU$-18.70 Million |
| 2022 | -36.11% | -1158977.27% | 0.00x | 1.62x | AU$-26.05 Million |
| 2023 | -22.35% | -227122.91% | 0.00x | 1.77x | AU$-23.54 Million |
| 2024 | -7.67% | 0.00% | 0.00x | 1.77x | AU$-12.91 Million |
Industry Comparison
This section compares Neurizer Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $28,951,384
- Average return on equity (ROE) among peers: -27.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neurizer Ltd (NRZ) | AU$73.02 Million | -9.96% | 0.77x | $1.11 Million |
| Canadian Phosphate Ltd (CP8) | $7.24 Million | -21.22% | 0.05x | $7.47 Million |
| Fertoz Ltd (FTZ) | $2.37 Million | 0.00% | 0.03x | $2.83 Million |
| Highfield Resources Ltd (HFR) | $138.54 Million | -4.84% | 0.02x | $4.31 Million |
| Minbos Resources Ltd (MNB) | $9.34 Million | -28.70% | 0.63x | $13.38 Million |
| RLF Agtech Ltd (RLF) | $8.47 Million | -41.37% | 1.08x | $7.28 Million |
| Terragen Holdings Ltd (TGH) | $7.76 Million | -69.67% | 0.19x | $3.59 Million |