NEXTDC Ltd (NXT) - Net Assets

Latest as of December 2025: AU$4.15 Billion AUD ≈ $2.93 Billion USD

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 tangible net worth ratio of NEXTDC Ltd to evaluate the tangible quality of the company's equity base.

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. See NEXTDC Ltd (NXT) liquidity interval to measure how many days the company can operate on defensive assets alone.

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	--

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
Planet Labs PBC NYSE:PL	$7.65 Billion
Inventec Corp TW:2356	$7.65 Billion
NIBE INDUSTR. UNSP.ADR/1 F:NJB0	$7.65 Billion
AptarGroup Inc NYSE:ATR	$7.66 Billion
South Bow Corporation TO:SOBO	$7.63 Billion
Pandora A/S CO:PNDORA	$7.63 Billion
Inpost SA AS:INPST	$7.62 Billion
Jiangsu Leadmicro Nano Technology Co. Ltd. A SHG:688147	$7.62 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: 2.27x
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 21.19x to 2.27x 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$14.94	x
2011-06-30	AU$0.91	AU$14.94	x
2012-06-30	AU$1.29	AU$14.94	x
2013-06-30	AU$1.10	AU$14.94	x
2014-06-30	AU$1.15	AU$14.94	x
2015-06-30	AU$1.09	AU$14.94	x
2016-06-30	AU$1.48	AU$14.94	x
2017-06-30	AU$1.80	AU$14.94	x
2018-06-30	AU$2.98	AU$14.94	x
2019-06-30	AU$2.53	AU$14.94	x
2020-06-30	AU$4.65	AU$14.94	x
2021-06-30	AU$3.61	AU$14.94	x
2022-06-30	AU$3.67	AU$14.94	x
2023-06-30	AU$4.92	AU$14.94	x
2024-06-30	AU$6.73	AU$14.94	x
2025-06-30	AU$6.57	AU$14.94	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: $31,082,826
Average return on equity (ROE) among peers: -78.91%

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	$7.64 Billion
5G Networks Ltd (5GN)	$12.04 Million	31.63%	3.21x	$15.10 Million
Adneo Ltd (AD1)	$177.00K	-741.56%	45.11x	$6.19 Million
Adisyn Ltd (AI1)	$5.46 Million	-3.83%	0.53x	$139.79 Million
Appen Ltd (APX)	$139.40 Million	29.93%	0.72x	$210.90 Million
Asset Vision Co Ltd (ASV)	$29.79 Million	7.24%	0.08x	$22.85 Million
Atturra Ltd (ATA)	$10.00 Million	25.79%	2.80x	$111.10 Million
Activeport Group Ltd (ATV)	$28.09 Million	-12.12%	0.37x	$11.37 Million
Change Financial Ltd (CCA)	$3.34 Million	-112.70%	2.09x	$36.64 Million
Comms Group Ltd (CCG)	$22.13 Million	4.98%	0.61x	$27.04 Million
Credit Clear Ltd (CCR)	$60.39 Million	-18.43%	0.23x	$77.47 Million

About NEXTDC Ltd

AU:NXT Australia Information Technology Services

Market Cap

$7.64 Billion

AU$10.80 Billion AUD

Market Cap Rank

#2751 Global

#56 in Australia

Share Price

AU$14.94

Change (1 day)

-0.33%

52-Week Range

AU$11.26 - AU$17.99

All Time High

AU$18.44