RHYTHM Biosciences Ltd (RHY) - Net Assets

Latest as of December 2025: AU$2.14 Million AUD ≈ $1.52 Million USD

Based on the latest financial reports, RHYTHM Biosciences Ltd (RHY) has net assets worth AU$2.14 Million AUD (≈ $1.52 Million 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$3.10 Million ≈ $2.19 Million USD) and total liabilities (AU$955.41K ≈ $676.01K 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 how resilient are RHYTHM Biosciences Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$2.14 Million
% of Total Assets 69.17%
Annual Growth Rate -9.16%
5-Year Change -61.34%
10-Year Change N/A
Growth Volatility 198.62

RHYTHM Biosciences Ltd - Net Assets Trend (2017–2025)

This chart illustrates how RHYTHM Biosciences Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RHYTHM Biosciences Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for RHYTHM Biosciences Ltd (2017–2025)

The table below shows the annual net assets of RHYTHM Biosciences Ltd from 2017 to 2025. For live valuation and market cap data, see RHYTHM Biosciences Ltd (RHY) market capitalisation.

Year Net Assets Change
2025-06-30 AU$659.89K
≈ $466.92K
-23.90%
2024-06-30 AU$867.17K
≈ $613.58K
-85.24%
2023-06-30 AU$5.87 Million
≈ $4.16 Million
-20.31%
2022-06-30 AU$7.37 Million
≈ $5.22 Million
+331.92%
2021-06-30 AU$1.71 Million
≈ $1.21 Million
-7.39%
2020-06-30 AU$1.84 Million
≈ $1.30 Million
-68.49%
2019-06-30 AU$5.85 Million
≈ $4.14 Million
-29.53%
2018-06-30 AU$8.30 Million
≈ $5.87 Million
+483.41%
2017-06-30 AU$1.42 Million
≈ $1.01 Million
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Equity Component Analysis

This analysis shows how different components contribute to RHYTHM Biosciences 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 4243141700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$37.75 Million 5721.18%
Other Comprehensive Income AU$5.41 Million 819.81%
Other Components AU$1.00 0.00%
Total Equity AU$659.89K 100.00%

RHYTHM Biosciences Ltd Competitors by Market Cap

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

Company Market Cap
Labiana Health S.A.
MC:LAB
$32.50 Million
Impresa - Sociedade Gestora de Participações Sociais S.A
LS:IPR
$32.51 Million
Avrupa Yatirim Holding AS
IS:AVHOL
$32.52 Million
Grand Ocean Retail Group Ltd
TW:5907
$32.52 Million
Vardhman Acrylics Limited
NSE:VARDHACRLC
$32.48 Million
EasyJet PLC
LSE:EZJ
$32.47 Million
Far East Gold Ltd
AU:FEG
$32.46 Million
Profoto Holding AB
ST:PRFO
$32.46 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 867,166 to 659,892, a change of -207,274 (-23.9%).
  • Net loss of 3,829,371 reduced equity.
  • Share repurchases of 3,500,050 reduced equity.
  • Other comprehensive income increased equity by 316,596.
  • Other factors increased equity by 6,805,551.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-3.83 Million -580.3%
Share Repurchases AU$3.50 Million -530.4%
Other Comprehensive Income AU$316.60K +47.98%
Other Changes AU$6.81 Million +1031.31%
Total Change AU$- -23.90%

Book Value vs Market Value Analysis

This analysis compares RHYTHM Biosciences 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: 57.12x
  • 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 11.60x to 57.12x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-06-30 AU$0.01 AU$0.14 x
2018-06-30 AU$0.09 AU$0.14 x
2019-06-30 AU$0.05 AU$0.14 x
2020-06-30 AU$0.02 AU$0.14 x
2021-06-30 AU$0.01 AU$0.14 x
2022-06-30 AU$0.03 AU$0.14 x
2023-06-30 AU$0.03 AU$0.14 x
2024-06-30 AU$0.00 AU$0.14 x
2025-06-30 AU$0.00 AU$0.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently RHYTHM Biosciences 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): -580.30%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -119.97%
  • • Asset Turnover: 1.13x
  • • Equity Multiplier: 4.29x
  • Recent ROE (-580.30%) is below the historical average (-256.18%), 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 -5.07% 0.00% 0.00x 1.09x AU$-214.41K
2018 -21.12% -2718.67% 0.01x 1.02x AU$-2.58 Million
2019 -43.52% -247.67% 0.17x 1.06x AU$-3.13 Million
2020 -218.28% -4023.00% 0.04x 1.44x AU$-4.21 Million
2021 -387.39% -596.21% 0.36x 1.80x AU$-6.78 Million
2022 -119.29% -362.34% 0.29x 1.14x AU$-9.53 Million
2023 -139.89% -265.44% 0.40x 1.31x AU$-8.81 Million
2024 -790.74% -405.74% 1.11x 1.75x AU$-6.94 Million
2025 -580.30% -119.97% 1.13x 4.29x AU$-3.90 Million

Industry Comparison

This section compares RHYTHM Biosciences Ltd's net assets metrics with peer companies in the Diagnostics & Research industry.

Industry Context

  • Industry: Diagnostics & Research
  • Average net assets among peers: $260,295,060
  • Average return on equity (ROE) among peers: -35.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
RHYTHM Biosciences Ltd (RHY) AU$2.14 Million -5.07% 0.45x $32.49 Million
Australian Clinical Labs Ltd (ACL) $14.12 Million -170.17% 7.56x $256.90 Million
Bcal Diagnostics Ltd (BDX) $9.64 Million -35.12% 0.10x $21.65 Million
Cryosite Ltd (CTE) $3.87 Million -25.46% 0.05x $39.72 Million
Genetic Signatures Ltd (GSS) $16.49 Million -16.20% 0.07x $14.14 Million
Genetic Technologies Ltd (GTG) $20.83 Million -26.20% 0.16x $4.01 Million
Healius Ltd (HLS) $2.50 Billion 3.13% 0.53x $254.32 Million
Imagion Biosystems Ltd (IBX) $13.31 Million -45.28% 0.06x $5.90 Million
Integral Diagnostics Ltd (IDX) $2.54 Million 127.10% 0.00x $585.79 Million
Inoviq Ltd (IIQ) $2.83 Million -115.42% 0.16x $32.37 Million
Microba Life Sciences Ltd (MAP) $14.94 Million -50.37% 0.24x $32.75 Million

About RHYTHM Biosciences Ltd

AU:RHY Australia Diagnostics & Research
Market Cap
$32.49 Million
AU$45.92 Million AUD
Market Cap Rank
#23455 Global
#927 in Australia
Share Price
AU$0.14
Change (1 day)
+3.70%
52-Week Range
AU$0.05 - AU$0.26
All Time High
AU$2.00
About

Rhythm Biosciences Limited, a medical diagnostics company, provides blood tests for the detection of cancers in Australia and the United States. It offers ColoSTAT, a blood test for the early detection of colorectal cancer; and geneType, a personalized predictive test for predicting risk of chronic disease development. The company was incorporated in 2017 and is headquartered in Parkville, Austra… Read more