NEXTDC Ltd (NXT) - Net Assets
Based on the latest financial reports, NEXTDC Ltd (NXT) has net assets worth AU$4.15 Billion AUD (≈ $2.93 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.99 Billion ≈ $4.94 Billion USD) and total liabilities (AU$2.84 Billion ≈ $2.01 Billion 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 NEXTDC Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$4.15 Billion |
| % of Total Assets | 59.37% |
| Annual Growth Rate | 32.96% |
| 5-Year Change | 149.98% |
| 10-Year Change | 1146.01% |
| Growth Volatility | 34.54 |
NEXTDC Ltd - Net Assets Trend (2010–2025)
This chart illustrates how NEXTDC Ltd's net assets have evolved over time, based on quarterly financial data. Also explore NXT total assets for the complete picture of this company's asset base.
Annual Net Assets for NEXTDC Ltd (2010–2025)
The table below shows the annual net assets of NEXTDC Ltd from 2010 to 2025. For live valuation and market cap data, see NXT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$4.15 Billion ≈ $2.94 Billion |
+16.36% |
| 2024-06-30 | AU$3.57 Billion ≈ $2.52 Billion |
+56.68% |
| 2023-06-30 | AU$2.28 Billion ≈ $1.61 Billion |
+34.03% |
| 2022-06-30 | AU$1.70 Billion ≈ $1.20 Billion |
+2.29% |
| 2021-06-30 | AU$1.66 Billion ≈ $1.17 Billion |
-1.25% |
| 2020-06-30 | AU$1.68 Billion ≈ $1.19 Billion |
+92.09% |
| 2019-06-30 | AU$875.30 Million ≈ $619.33 Million |
-2.09% |
| 2018-06-30 | AU$893.98 Million ≈ $632.55 Million |
+76.49% |
| 2017-06-30 | AU$506.53 Million ≈ $358.41 Million |
+52.05% |
| 2016-06-30 | AU$333.13 Million ≈ $235.71 Million |
+55.02% |
| 2015-06-30 | AU$214.90 Million ≈ $152.06 Million |
-3.88% |
| 2014-06-30 | AU$223.57 Million ≈ $158.19 Million |
+13.84% |
| 2013-06-30 | AU$196.39 Million ≈ $138.96 Million |
+1.32% |
| 2012-06-30 | AU$193.82 Million ≈ $137.14 Million |
+84.94% |
| 2011-06-30 | AU$104.80 Million ≈ $74.15 Million |
+81.22% |
| 2010-06-30 | AU$57.83 Million ≈ $40.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NEXTDC 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 17490710500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$4.32 Billion | 103.99% |
| Other Comprehensive Income | AU$9.56 Million | 0.23% |
| Total Equity | AU$4.15 Billion | 100.00% |
NEXTDC Ltd Competitors by Market Cap
The table below lists competitors of NEXTDC Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Railway Signal Communication Ltd
SHG:688009
|
$6.47 Billion |
|
Schaeffler AG
XETRA:SHA0
|
$6.47 Billion |
|
Technology One Ltd
AU:TNE
|
$6.47 Billion |
|
Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK
|
$6.48 Billion |
|
JAPAN AIRL.ADR 1/2 YN 50
F:JALA
|
$6.47 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
$6.47 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
$6.46 Billion |
|
TXNM Energy, Inc.
NYSE:TXNM
|
$6.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEXTDC Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,567,100,000 to 4,150,813,000, a change of 583,713,000 (16.4%).
- Net loss of 60,543,000 reduced equity.
- Share repurchases of 10,470,000 reduced equity.
- New share issuances of 678,155,000 increased equity.
- Other comprehensive income decreased equity by 5,014,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-60.54 Million | -1.46% |
| Share Repurchases | AU$10.47 Million | -0.25% |
| Share Issuances | AU$678.15 Million | +16.34% |
| Other Comprehensive Income | AU$-5.01 Million | -0.12% |
| Other Changes | AU$-18.41 Million | -0.44% |
| Total Change | AU$- | 16.36% |
Book Value vs Market Value Analysis
This analysis compares NEXTDC 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.21x to 2.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-06-30 | AU$0.70 | AU$14.25 | x |
| 2011-06-30 | AU$0.91 | AU$14.25 | x |
| 2012-06-30 | AU$1.29 | AU$14.25 | x |
| 2013-06-30 | AU$1.10 | AU$14.25 | x |
| 2014-06-30 | AU$1.15 | AU$14.25 | x |
| 2015-06-30 | AU$1.09 | AU$14.25 | x |
| 2016-06-30 | AU$1.48 | AU$14.25 | x |
| 2017-06-30 | AU$1.80 | AU$14.25 | x |
| 2018-06-30 | AU$2.98 | AU$14.25 | x |
| 2019-06-30 | AU$2.53 | AU$14.25 | x |
| 2020-06-30 | AU$4.65 | AU$14.25 | x |
| 2021-06-30 | AU$3.61 | AU$14.25 | x |
| 2022-06-30 | AU$3.67 | AU$14.25 | x |
| 2023-06-30 | AU$4.92 | AU$14.25 | x |
| 2024-06-30 | AU$6.73 | AU$14.25 | x |
| 2025-06-30 | AU$6.57 | AU$14.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEXTDC Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.17%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.37x
- Recent ROE (-1.46%) is above the historical average (-1.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -1.60% | 0.00% | 0.00x | 1.06x | AU$-12.15 Million |
| 2012 | -5.48% | -862.93% | 0.01x | 1.11x | AU$-30.00 Million |
| 2013 | -1.13% | -6.66% | 0.15x | 1.16x | AU$-21.86 Million |
| 2014 | -10.25% | -49.96% | 0.15x | 1.33x | AU$-45.26 Million |
| 2015 | -4.77% | -17.48% | 0.20x | 1.36x | AU$-31.74 Million |
| 2016 | 0.53% | 1.97% | 0.17x | 1.59x | AU$-31.56 Million |
| 2017 | 4.54% | 19.56% | 0.14x | 1.68x | AU$-27.65 Million |
| 2018 | 0.74% | 4.35% | 0.12x | 1.38x | AU$-82.76 Million |
| 2019 | -1.12% | -5.79% | 0.09x | 2.09x | AU$-97.35 Million |
| 2020 | -2.68% | -22.43% | 0.08x | 1.58x | AU$-213.18 Million |
| 2021 | -1.42% | -9.60% | 0.09x | 1.59x | AU$-189.68 Million |
| 2022 | 0.54% | 3.14% | 0.10x | 1.75x | AU$-160.71 Million |
| 2023 | -1.13% | -7.08% | 0.09x | 1.69x | AU$-253.30 Million |
| 2024 | -1.24% | -10.92% | 0.08x | 1.46x | AU$-400.86 Million |
| 2025 | -1.46% | -14.17% | 0.08x | 1.37x | AU$-475.62 Million |
Industry Comparison
This section compares NEXTDC Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $26,807,156
- Average return on equity (ROE) among peers: -190.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEXTDC Ltd (NXT) | AU$4.15 Billion | -1.60% | 0.68x | $6.47 Billion |
| 5G Networks Ltd (5GN) | $16.39 Million | -14.99% | 1.79x | $12.23 Million |
| Adneo Ltd (AD1) | $100.22K | -1407.71% | 6.51x | $10.77 Million |
| Adisyn Ltd (AI1) | $2.22 Million | -195.27% | 2.67x | $52.55 Million |
| Appen Ltd (APX) | $136.15 Million | -86.73% | 0.67x | $226.62 Million |
| Asset Vision Co Ltd (ASV) | $7.80 Million | 20.89% | 0.27x | $15.41 Million |
| Atturra Ltd (ATA) | $-8.32 Million | 0.00% | 0.00x | $118.01 Million |
| Activeport Group Ltd (ATV) | $12.96 Million | -120.94% | 0.55x | $8.85 Million |
| Change Financial Ltd (CCA) | $10.38 Million | -84.48% | 0.05x | $43.97 Million |
| Comms Group Ltd (CCG) | $30.00 Million | -2.26% | 1.05x | $27.04 Million |
| Credit Clear Ltd (CCR) | $60.39 Million | -18.43% | 0.23x | $79.32 Million |
About NEXTDC Ltd
NEXTDC Limited develops and operates data centers in Australia and the Asia-Pacific region. The company offers data center colocation solutions, such as rack spaces, private suites and cages, high performance computing, remote hands, and amenities; mission critical spaces; data center migration and relocation solutions; e-waste recycling, IT asset disposal and destruction, and carbon neutral solu… Read more