Noviqtech Ltd (NVQ) - Net Assets
Based on the latest financial reports, Noviqtech Ltd (NVQ) has net assets worth AU$-570.23K AUD (≈ $-403.47K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$363.91K ≈ $257.49K USD) and total liabilities (AU$934.14K ≈ $660.96K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Noviqtech Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-570.23K |
| % of Total Assets | -156.7% |
| Annual Growth Rate | -30.06% |
| 5-Year Change | -63.65% |
| 10-Year Change | N/A |
| Growth Volatility | 218.34 |
Noviqtech Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Noviqtech Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Noviqtech Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Noviqtech Ltd (2017–2024)
The table below shows the annual net assets of Noviqtech Ltd from 2017 to 2024. For live valuation and market cap data, see NVQ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$203.34K ≈ $143.88K |
+451.56% |
| 2023-12-31 | AU$-57.84K ≈ $-40.93K |
-102.98% |
| 2022-12-31 | AU$1.94 Million ≈ $1.37 Million |
-44.65% |
| 2021-12-31 | AU$3.51 Million ≈ $2.48 Million |
+526.64% |
| 2020-12-31 | AU$559.45K ≈ $395.85K |
+132.78% |
| 2019-12-31 | AU$240.33K ≈ $170.05K |
-96.14% |
| 2018-12-31 | AU$6.22 Million ≈ $4.40 Million |
+150.44% |
| 2017-12-31 | AU$2.48 Million ≈ $1.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Noviqtech 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 2180503100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$28.13 Million | 13833.97% |
| Other Comprehensive Income | AU$-6.08 Million | -2987.95% |
| Total Equity | AU$203.34K | 100.00% |
Noviqtech Ltd Competitors by Market Cap
The table below lists competitors of Noviqtech Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CARTIER SILVER CORP
F:2CI0
|
$9.05 Million |
|
Domino’s Pizza Group PLC
LSE:DOM
|
$9.05 Million |
|
Auga Group AB
STU:W9Z
|
$9.06 Million |
|
MESB Bhd
KLSE:7234
|
$9.06 Million |
|
Giga Metals Corp
V:GIGA
|
$9.03 Million |
|
NYRSTAR
F:3NY1
|
$9.02 Million |
|
Technoplus Ventures Ltd
TA:TNPV
|
$9.01 Million |
|
Nyrstar NV
BR:NYR
|
$9.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Noviqtech Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -57,841 to 203,345, a change of 261,186.
- Net loss of 2,534,952 reduced equity.
- Share repurchases of 2,619,200 reduced equity.
- New share issuances of 2,619,200 increased equity.
- Other comprehensive income decreased equity by 293,012.
- Other factors increased equity by 3,089,150.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.53 Million | -1246.63% |
| Share Repurchases | AU$2.62 Million | -1288.06% |
| Share Issuances | AU$2.62 Million | +1288.06% |
| Other Comprehensive Income | AU$-293.01K | -144.1% |
| Other Changes | AU$3.09 Million | +1519.17% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Noviqtech 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: 28.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.97x to 28.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.01 | AU$0.04 | x |
| 2018-12-31 | AU$0.04 | AU$0.04 | x |
| 2019-12-31 | AU$0.00 | AU$0.04 | x |
| 2020-12-31 | AU$0.00 | AU$0.04 | x |
| 2021-12-31 | AU$0.06 | AU$0.04 | x |
| 2022-12-31 | AU$0.02 | AU$0.04 | x |
| 2023-12-31 | AU$0.00 | AU$0.04 | x |
| 2024-12-31 | AU$0.00 | AU$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Noviqtech Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1246.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1196.97%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 6.82x
- Recent ROE (-1246.63%) is below the historical average (-628.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -1.87% | -15.45% | 0.09x | 1.38x | AU$-294.81K |
| 2018 | -37.35% | -582.96% | 0.05x | 1.20x | AU$-2.95 Million |
| 2019 | -2795.98% | -2189.35% | 0.27x | 4.76x | AU$-6.74 Million |
| 2020 | -644.41% | -1870.05% | 0.09x | 3.80x | AU$-3.66 Million |
| 2021 | -88.40% | -1263.65% | 0.05x | 1.35x | AU$-3.93 Million |
| 2022 | -215.92% | -6272.47% | 0.02x | 1.49x | AU$-4.72 Million |
| 2023 | 0.00% | -22469.99% | 0.02x | 0.00x | AU$-2.94 Million |
| 2024 | -1246.63% | -1196.97% | 0.15x | 6.82x | AU$-2.56 Million |
Industry Comparison
This section compares Noviqtech Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $42,012,556
- Average return on equity (ROE) among peers: -47.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Noviqtech Ltd (NVQ) | AU$-570.23K | -1.87% | N/A | $9.04 Million |
| One Click Group Ltd (1CG) | $2.94 Million | -67.27% | 0.54x | $8.32 Million |
| Thrive Tribe Technologies Ltd (1TT) | $4.53 Million | -27.70% | 0.03x | $1.43 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $2.53 Million | -140.39% | 0.30x | $20.45 |
| LIFE360 Inc (360) | $358.55 Million | -1.27% | 0.23x | $3.40 Billion |
| Pointerra Ltd (3DP) | $4.28 Million | -64.47% | 0.19x | $17.22 Million |
| 8COMMON Ltd (8CO) | $5.92 Million | -22.85% | 0.35x | $3.96 Million |
| Aeeris Ltd (AER) | $584.79K | -43.08% | 0.80x | $4.98 Million |
| Aerometrex Ltd (AMX) | $34.70 Million | -11.88% | 0.33x | $15.79 Million |
| Assetowl Ltd (AO1) | $4.13 Million | -98.29% | 0.07x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.96 Million | -1.09% | 0.41x | $1.84 Million |
About Noviqtech Ltd
NoviqTech Limited develops and delivers carbon reporting and guarantee of origin solutions in Australia and Europe. The company offers Carbon Central, a solution to centrally manage carbon projects, including carbon reporting, carbon tokenization, or guarantee of origin of green fuels and resources. It also provides NoviqAI, which offers end-to-end transparency and confirmation of product authent… Read more