Nuheara Ltd

AU:NUH Australia Consumer Electronics
Market Cap
$13.47 Million
AU$21.76 Million AUD
Market Cap Rank
#30057 Global
#853 in Australia
Share Price
AU$0.08
Change (1 day)
+0.00%
52-Week Range
AU$0.08 - AU$0.08
All Time High
AU$2.70
Categories
Companies in Australia Consumer Electronics Technology AI & Machine Learning
About

Nuheara Limited, a wearables technology company, engages in the development and commercialization of hearing technology and products as regulated medical devices in Australia, the United States, and internationally. The company offers IQbuds2 MAX, a hearing bud; IQstream TV for streaming stereo sound from the TV to IQbuds MAX earbuds; IQbuds2 MAX accessories; and Bluetooth transmitters. It sells … Read more

Nuheara Ltd (NUH) - Net Assets

Latest net assets as of June 2023: AU$5.11 Million AUD

Based on the latest financial reports, Nuheara Ltd (NUH) has net assets worth AU$5.11 Million AUD as of June 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$13.02 Million) and total liabilities (AU$7.91 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$5.11 Million
% of Total Assets 39.26%
Annual Growth Rate N/A
5-Year Change -52.23%
10-Year Change 14840.84%
Growth Volatility 331.1

Nuheara Ltd - Net Assets Trend (2008–2023)

This chart illustrates how Nuheara 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 Nuheara Ltd (2008–2023)

The table below shows the annual net assets of Nuheara Ltd from 2008 to 2023.

Year Net Assets Change
2023-06-30 AU$5.11 Million +138.20%
2022-06-30 AU$2.15 Million -83.30%
2021-06-30 AU$12.85 Million +106.55%
2020-06-30 AU$6.22 Million -41.86%
2019-06-30 AU$10.70 Million -28.77%
2018-06-30 AU$15.02 Million +130.43%
2017-06-30 AU$6.52 Million +238.22%
2016-06-30 AU$1.93 Million +1241.54%
2015-06-30 AU$143.64K +319.94%
2014-06-30 AU$34.21K -95.22%
2013-06-30 AU$715.36K +199.61%
2012-06-30 AU$238.76K -74.06%
2011-06-30 AU$920.53K -48.27%
2010-06-30 AU$1.78 Million -23.03%
2009-06-30 AU$2.31 Million +91592.44%
2008-06-30 AU$-2.53K --

Equity Component Analysis

This analysis shows how different components contribute to Nuheara 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 7913663800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2023)

Component Amount Percentage
Common Stock AU$79.30 Million 1553.17%
Other Comprehensive Income AU$5.05 Million 98.82%
Total Equity AU$5.11 Million 100.00%

Nuheara Ltd Competitors by Market Cap

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

Company Market Cap
Saltire Capital Ltd.
TO:SLT-U
 		$6.97 Million
Rajnandini Metal Limited
NSE:RAJMET
 		$6.97 Million
ENERGISME S.A. EO-10
F:54Z
 		$6.97 Million
PUJIANG INTERNAT. DL-01
F:2WT
 		$6.97 Million
Implanet SA
PA:ALIMP
 		$6.96 Million
Electro-Sensors Inc
NASDAQ:ELSE
 		$6.96 Million
Indomobil Multi Jasa Tbk
JK:IMJS
 		$6.96 Million
Curative Biotechnology Inc
NYSE MKT:CUBT
 		$6.96 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 2,138,120 to 5,105,369, a change of 2,967,249 (138.8%).
  • Net loss of 12,617,576 reduced equity.
  • Dividend payments of 11,592,722 reduced retained earnings.
  • Share repurchases of 556,149 reduced equity.
  • New share issuances of 11,384,330 increased equity.
  • Other comprehensive income increased equity by 582,875.
  • Other factors increased equity by 15,766,491.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income AU$-12.62 Million -247.14%
Dividends Paid AU$11.59 Million -227.07%
Share Repurchases AU$556.15K -10.89%
Share Issuances AU$11.38 Million +222.99%
Other Comprehensive Income AU$582.88K +11.42%
Other Changes AU$15.77 Million +308.82%
Total Change AU$- 138.78%

Book Value vs Market Value Analysis

This analysis compares Nuheara 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: 2.41x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-06-30 AU$0.00 AU$0.08 x
2009-06-30 AU$0.06 AU$0.08 x
2010-06-30 AU$1.50 AU$0.08 x
2011-06-30 AU$0.46 AU$0.08 x
2012-06-30 AU$0.10 AU$0.08 x
2013-06-30 AU$0.24 AU$0.08 x
2014-06-30 AU$0.01 AU$0.08 x
2015-06-30 AU$0.03 AU$0.08 x
2016-06-30 AU$0.13 AU$0.08 x
2017-06-30 AU$0.21 AU$0.08 x
2018-06-30 AU$0.37 AU$0.08 x
2019-06-30 AU$0.23 AU$0.08 x
2020-06-30 AU$0.12 AU$0.08 x
2021-06-30 AU$0.16 AU$0.08 x
2022-06-30 AU$0.02 AU$0.08 x
2023-06-30 AU$0.03 AU$0.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nuheara 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): -247.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -653.33%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 2.55x
  • Recent ROE (-247.14%) is above the historical average (-453.09%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 0.00% 0.00% 0.00x 0.00x AU$-98.08K
2010 -41.24% -1931.37% 0.02x 1.06x AU$-911.87K
2011 -152.98% -1805.39% 0.07x 1.24x AU$-1.50 Million
2012 -658.58% -4138.07% 0.06x 2.85x AU$-1.60 Million
2013 -161.27% -4437.19% 0.03x 1.21x AU$-1.23 Million
2014 -3504.14% -1120.21% 0.90x 3.48x AU$-1.20 Million
2015 -523.38% -75179.30% 0.00x 2.76x AU$-766.16K
2016 -348.56% 0.00% 0.00x 1.80x AU$-6.91 Million
2017 -74.25% -196.23% 0.28x 1.33x AU$-5.49 Million
2018 -49.38% -187.16% 0.23x 1.14x AU$-8.92 Million
2019 -93.73% -451.94% 0.18x 1.16x AU$-11.10 Million
2020 -187.97% -672.06% 0.15x 1.91x AU$-12.31 Million
2021 -61.43% -73.47% 0.62x 1.35x AU$-9.18 Million
2022 -692.25% -382.89% 0.29x 6.22x AU$-15.01 Million
2023 -247.14% -653.33% 0.15x 2.55x AU$-13.13 Million

Industry Comparison

This section compares Nuheara Ltd's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

  • Industry: Consumer Electronics
  • Average net assets among peers: $22,620,042
  • Average return on equity (ROE) among peers: -1.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nuheara Ltd (NUH) AU$5.11 Million 0.00% 1.55x $6.96 Million
Atomos Ltd (AMS) $23.21 Million -8.44% 0.55x $8.19 Million
Audeara Ltd (AUA) $-1.09 Million 0.00% 0.00x $2.97 Million
Birddog Technology Ltd (BDT) $45.74 Million 2.96% 0.17x $2.04 Million