Ras Technology Holdings Ltd
RAS Technology Holdings Limited provides data, content, software as a service (SaaS) solution, and digital and media services in Australia, the United Kingdom, the United States, Asia, and internationally. The company offers enhanced information services, wagering technology and services, digital and media, and distribution and integrity services. It serves racing and sports bodies and authoritie… Read more
Ras Technology Holdings Ltd (RTH) - Net Assets
Latest net assets as of June 2025: AU$14.43 Million AUD
Based on the latest financial reports, Ras Technology Holdings Ltd (RTH) has net assets worth AU$14.43 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$21.82 Million) and total liabilities (AU$7.38 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$14.43 Million |
| % of Total Assets | 66.15% |
| Annual Growth Rate | 0.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.66 |
Ras Technology Holdings Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Ras Technology Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ras Technology Holdings Ltd (2021–2025)
The table below shows the annual net assets of Ras Technology Holdings Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$14.43 Million | +14.58% |
| 2024-06-30 | AU$12.60 Million | +0.13% |
| 2023-06-30 | AU$12.58 Million | -9.03% |
| 2022-06-30 | AU$13.83 Million | -2.83% |
| 2021-06-30 | AU$14.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ras Technology Holdings 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 295.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$14.85 Million | 102.90% |
| Other Comprehensive Income | AU$437.00K | 3.03% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$14.43 Million | 100.00% |
Ras Technology Holdings Ltd Competitors by Market Cap
The table below lists competitors of Ras Technology Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harte Hanks Inc
NASDAQ:HHS
|
$6.53 Million |
|
JP RL EST INV (JUA.SG)
STU:JUA
|
$6.54 Million |
|
Global Interactive Technologies, Inc
NASDAQ:GITS
|
$6.54 Million |
|
Olenox Industries Inc.
NASDAQ:OLOX
|
$6.54 Million |
|
Americore Resources Corp.
V:AMCO
|
$6.53 Million |
|
Patagonia Gold Corp
PINK:HGLD
|
$6.52 Million |
|
Athanase Innovation AB
ST:ATIN
|
$6.52 Million |
|
Rand Capital Corp
NASDAQ:RAND
|
$6.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ras Technology Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,596,000 to 14,433,000, a change of 1,837,000 (14.6%).
- Net income of 526,000 contributed positively to equity growth.
- Share repurchases of 1,356,000 reduced equity.
- Other comprehensive income decreased equity by 138,001.
- Other factors increased equity by 2,805,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$526.00K | +3.64% |
| Share Repurchases | AU$1.36 Million | -9.4% |
| Other Comprehensive Income | AU$-138.00K | -0.96% |
| Other Changes | AU$2.81 Million | +19.43% |
| Total Change | AU$- | 14.58% |
Book Value vs Market Value Analysis
This analysis compares Ras Technology Holdings 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: 2.36x
- 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 |
|---|---|---|---|
| 2021-06-30 | AU$0.31 | AU$0.73 | x |
| 2022-06-30 | AU$0.30 | AU$0.73 | x |
| 2023-06-30 | AU$0.28 | AU$0.73 | x |
| 2024-06-30 | AU$0.28 | AU$0.73 | x |
| 2025-06-30 | AU$0.31 | AU$0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ras Technology Holdings 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): 3.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.47%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.51x
- Recent ROE (3.64%) is above the historical average (-4.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.11% | 29.89% | 0.29x | 1.28x | AU$157.90K |
| 2022 | -21.59% | -35.85% | 0.46x | 1.32x | AU$-4.37 Million |
| 2023 | -10.31% | -11.07% | 0.65x | 1.43x | AU$-2.56 Million |
| 2024 | -3.02% | -2.35% | 0.83x | 1.55x | AU$-1.64 Million |
| 2025 | 3.64% | 2.47% | 0.97x | 1.51x | AU$-917.30K |
Industry Comparison
This section compares Ras Technology Holdings Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $168,656,596
- Average return on equity (ROE) among peers: -52.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ras Technology Holdings Ltd (RTH) | AU$14.43 Million | 11.11% | 0.51x | $6.53 Million |
| Acusensus Ltd (ACE) | $2.70 Million | -46.46% | 0.26x | $96.85 Million |
| Adslot Ltd (ADS) | $2.04 Million | 9.60% | 1.17x | $1.56 Million |
| Archtis Ltd (AR9) | $6.81 Million | -54.69% | 0.31x | $14.43 Million |
| Adveritas Ltd (AV1) | $7.58 Million | -125.18% | 0.27x | $27.64 Million |
| Beforepay Group Ltd (B4P) | $32.63 Million | -89.31% | 0.77x | $30.18 Million |
| Beonic Ltd (BEO) | $7.06 Million | -149.30% | 2.27x | $2.48 Million |
| Cuscal Ltd (CCL) | $1.60 Billion | 28.06% | 2.48x | $419.52 Million |
| Aucyber Ltd (CYB) | $24.90 Million | -85.46% | 0.36x | $65.69K |
| Decidr Ai Industries Ltd (DAI) | $-213.59K | 0.00% | 0.00x | $20.72 Million |
| Dropsuite Ltd (DSE) | $2.95 Million | -9.33% | 0.03x | $185.00 Million |