Sovereign Cloud Holdings Ltd
Sovereign Cloud Holdings Limited provides cloud services and cyber security solutions for organizations and Government agencies. It operates in two segments, Cloud Services in Australia and Cyber Security Services in Australia. The company's solutions include secure cloud, cloud compute and storage, backup, M365 backup, and disaster recovery; cyber security, including managed security services, m… Read more
Sovereign Cloud Holdings Ltd (SOV) - Net Assets
Latest net assets as of June 2024: AU$42.74 Million AUD
Based on the latest financial reports, Sovereign Cloud Holdings Ltd (SOV) has net assets worth AU$42.74 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$55.80 Million) and total liabilities (AU$13.06 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$42.74 Million |
| % of Total Assets | 76.6% |
| Annual Growth Rate | 34.59% |
| 5-Year Change | 42.49% |
| 10-Year Change | N/A |
| Growth Volatility | 79.25 |
Sovereign Cloud Holdings Ltd - Net Assets Trend (2017–2023)
This chart illustrates how Sovereign Cloud 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 Sovereign Cloud Holdings Ltd (2017–2023)
The table below shows the annual net assets of Sovereign Cloud Holdings Ltd from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$42.74 Million | +71.64% |
| 2022-12-31 | AU$24.90 Million | -34.24% |
| 2021-12-31 | AU$37.87 Million | +97.36% |
| 2020-12-31 | AU$19.19 Million | -36.03% |
| 2019-12-31 | AU$30.00 Million | +193.57% |
| 2018-12-31 | AU$10.22 Million | +42.05% |
| 2017-12-31 | AU$7.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sovereign Cloud 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 8368501700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$133.15 Million | 311.51% |
| Other Comprehensive Income | AU$1.01 Million | 2.37% |
| Total Equity | AU$42.74 Million | 100.00% |
Sovereign Cloud Holdings Ltd Competitors by Market Cap
The table below lists competitors of Sovereign Cloud Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Attacq
JSE:ATT
|
$6.06 Million |
|
Northern Minerals & Exploration Ltd
PINK:NMEX
|
$6.06 Million |
|
Calibre
PA:ALWIN
|
$6.06 Million |
|
Frequency Exchange Corp.
V:FREQ
|
$6.07 Million |
|
Vmoto Ltd
AU:VMT
|
$6.06 Million |
|
Litchfield Minerals Ltd
AU:LMS
|
$6.06 Million |
|
NIMY RESOURCES LIMITED
F:P4G
|
$6.06 Million |
|
MORIEN RES CORP.
F:35BN
|
$6.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sovereign Cloud Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 24,903,848 to 42,743,960, a change of 17,840,112 (71.6%).
- Net loss of 19,718,100 reduced equity.
- Other comprehensive income increased equity by 226,626.
- Other factors increased equity by 37,331,586.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-19.72 Million | -46.13% |
| Other Comprehensive Income | AU$226.63K | +0.53% |
| Other Changes | AU$37.33 Million | +87.34% |
| Total Change | AU$- | 71.64% |
Book Value vs Market Value Analysis
This analysis compares Sovereign Cloud 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: 0.20x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.58 | AU$0.15 | x |
| 2018-12-31 | AU$0.83 | AU$0.15 | x |
| 2019-12-31 | AU$2.44 | AU$0.15 | x |
| 2020-12-31 | AU$0.13 | AU$0.15 | x |
| 2021-12-31 | AU$0.17 | AU$0.15 | x |
| 2022-12-31 | AU$0.12 | AU$0.15 | x |
| 2023-12-31 | AU$0.76 | AU$0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sovereign Cloud Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -46.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -192.75%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.31x
- Recent ROE (-46.13%) is above the historical average (-62.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -107.59% | -68184.42% | 0.00x | 1.17x | AU$-8.46 Million |
| 2018 | -71.93% | -11075.76% | 0.00x | 1.59x | AU$-8.37 Million |
| 2019 | -27.42% | -627.12% | 0.03x | 1.28x | AU$-11.22 Million |
| 2020 | -60.38% | -454.63% | 0.09x | 1.43x | AU$-13.51 Million |
| 2021 | -40.99% | -365.88% | 0.09x | 1.21x | AU$-19.31 Million |
| 2022 | -85.46% | -328.57% | 0.19x | 1.36x | AU$-23.77 Million |
| 2023 | -46.13% | -192.75% | 0.18x | 1.31x | AU$-23.99 Million |
Industry Comparison
This section compares Sovereign Cloud 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 |
|---|---|---|---|---|
| Sovereign Cloud Holdings Ltd (SOV) | AU$42.74 Million | -107.59% | 0.31x | $6.06 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 |