Rivco Australia Ltd (RIV) - Net Assets
Based on the latest financial reports, Rivco Australia Ltd (RIV) has net assets worth AU$213.58 Million AUD (≈ $151.12 Million 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$234.21 Million ≈ $165.72 Million USD) and total liabilities (AU$20.63 Million ≈ $14.60 Million 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. Read total liabilities of Rivco Australia Ltd for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$213.58 Million |
| % of Total Assets | 91.19% |
| Annual Growth Rate | 16.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.65 |
Rivco Australia Ltd - Net Assets Trend (2022–2024)
This chart illustrates how Rivco Australia Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Rivco Australia Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Rivco Australia Ltd (2022–2024)
The table below shows the annual net assets of Rivco Australia Ltd from 2022 to 2024. For live valuation and market cap data, see Rivco Australia Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$195.76 Million ≈ $138.51 Million |
+1.65% |
| 2023-12-31 | AU$192.59 Million ≈ $136.27 Million |
+32.94% |
| 2022-12-31 | AU$144.86 Million ≈ $102.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rivco Australia 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 47.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$5.40 Million | 2.76% |
| Common Stock | AU$190.36 Million | 97.24% |
| Total Equity | AU$195.76 Million | 100.00% |
Rivco Australia Ltd Competitors by Market Cap
The table below lists competitors of Rivco Australia Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PHSC PLC
LSE:PHSC
|
$10.01K |
|
Ptt PCL
STU:PTOG
|
$10.05K |
|
Bruush Oral Care Inc.
NASDAQ:BRSHF
|
$10.10K |
|
Global UAV Technologies Ltd
STU:YAB2
|
$10.13K |
|
Distil Plc
LSE:DIS
|
$9.90K |
|
Gaucho Group Holdings, Inc.
NASDAQ:VINOQ
|
$9.54K |
|
Trevena Inc
NASDAQ:TRVN
|
$9.50K |
|
Next.e.GO N.V.
NASDAQ:EGOXF
|
$9.44K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rivco Australia Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 192,589,000 to 195,760,000, a change of 3,171,000 (1.6%).
- Net income of 9,334,000 contributed positively to equity growth.
- Dividend payments of 9,561,000 reduced retained earnings.
- Share repurchases of 991,000 reduced equity.
- Other factors increased equity by 4,389,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$9.33 Million | +4.77% |
| Dividends Paid | AU$9.56 Million | -4.88% |
| Share Repurchases | AU$991.00K | -0.51% |
| Other Changes | AU$4.39 Million | +2.24% |
| Total Change | AU$- | 1.65% |
Book Value vs Market Value Analysis
This analysis compares Rivco Australia 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: 1.16x
- 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 |
|---|---|---|---|
| 2022-12-31 | AU$1.21 | AU$1.45 | x |
| 2023-12-31 | AU$1.26 | AU$1.45 | x |
| 2024-12-31 | AU$1.25 | AU$1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rivco Australia Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.35%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.60x
- Recent ROE (4.77%) is below the historical average (4.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 6.91% | 50.08% | 0.07x | 1.91x | AU$-4.48 Million |
| 2023 | 3.29% | 30.23% | 0.06x | 1.69x | AU$-12.93 Million |
| 2024 | 4.77% | 37.35% | 0.08x | 1.60x | AU$-10.24 Million |
Industry Comparison
This section compares Rivco Australia Ltd's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rivco Australia Ltd (RIV) | AU$213.58 Million | 6.91% | 0.10x | $9.99K |
| Ordinary Fully Paid Deferred Settlement (88EDA) | $131.68 Million | -53.71% | 0.01x | $18.83 Million |
| Ordinary Fully Paid Deferred Settlement (BCNDA) | $58.71 Million | 25.26% | 0.37x | $15.95K |
| PATRYS Ltd (PAB) | $-1.54 Million | 0.00% | 0.00x | $7.23 Million |
| Perpetual Credit Income Trust (PCI) | $434.38 Million | 6.99% | 0.01x | $314.92 Million |
| Regal Investment Fund (RF1) | $616.07 Million | 18.19% | 0.78x | $484.25 Million |
| Regal Partners Global Investments Limited (RG1) | $583.71 Million | 5.68% | 0.31x | $15.09K |
| Touch Ventures Ltd (TVL) | $84.12 Million | -29.55% | 0.00x | $35.33 Million |
| Vgi Partners Global Investments Ltd (VG1) | $941.94 Million | 5.37% | 0.24x | $716.93 Million |
| Victory Metals Ltd (VTM) | $10.49 Million | -18.21% | 0.05x | $17.50 Million |
About Rivco Australia Ltd
Rivco Australia Ltd provides water supply solutions to Australian irrigators and farmers. The company operates through the Permanent Water and Temporary Water segments. It acquires and manages a portfolio of water entitlements; and offers temporary water allocations. The company was formerly known as Duxton Water Limited and changed its name to Rivco Australia Ltd in October 2025. The company was… Read more