Southern Cross Media Group Ltd (SXL) - Net Assets
Based on the latest financial reports, Southern Cross Media Group Ltd (SXL) has net assets worth AU$386.00 Million AUD (≈ $273.12 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$1.80 Billion ≈ $1.28 Billion USD) and total liabilities (AU$1.42 Billion ≈ $1.00 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 asset allocation strategy of Southern Cross Media Group Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$386.00 Million |
| % of Total Assets | 21.4% |
| Annual Growth Rate | -6.54% |
| 5-Year Change | -66.96% |
| 10-Year Change | -64.42% |
| Growth Volatility | 23.97 |
Southern Cross Media Group Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Southern Cross Media Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Southern Cross Media Group Ltd stock valuation.
Annual Net Assets for Southern Cross Media Group Ltd (2005–2025)
The table below shows the annual net assets of Southern Cross Media Group Ltd from 2005 to 2025. Also explore Southern Cross Media Group Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$212.26 Million ≈ $150.19 Million |
+4.65% |
| 2024-06-30 | AU$202.84 Million ≈ $143.52 Million |
-53.39% |
| 2023-06-30 | AU$435.15 Million ≈ $307.90 Million |
-5.49% |
| 2022-06-30 | AU$460.41 Million ≈ $325.77 Million |
-28.34% |
| 2021-06-30 | AU$642.52 Million ≈ $454.62 Million |
+9.20% |
| 2020-06-30 | AU$588.40 Million ≈ $416.33 Million |
+35.45% |
| 2019-06-30 | AU$434.42 Million ≈ $307.38 Million |
-26.52% |
| 2018-06-30 | AU$591.24 Million ≈ $418.34 Million |
-9.19% |
| 2017-06-30 | AU$651.10 Million ≈ $460.69 Million |
+9.14% |
| 2016-06-30 | AU$596.55 Million ≈ $422.10 Million |
-36.32% |
| 2015-06-30 | AU$936.77 Million ≈ $662.83 Million |
-22.81% |
| 2014-06-30 | AU$1.21 Billion ≈ $858.71 Million |
-22.51% |
| 2013-06-30 | AU$1.57 Billion ≈ $1.11 Billion |
+2.07% |
| 2012-06-30 | AU$1.53 Billion ≈ $1.09 Billion |
+2.36% |
| 2011-06-30 | AU$1.50 Billion ≈ $1.06 Billion |
+45.20% |
| 2010-06-30 | AU$1.03 Billion ≈ $730.48 Million |
+22.45% |
| 2009-06-30 | AU$843.12 Million ≈ $596.56 Million |
-12.70% |
| 2008-06-30 | AU$965.80 Million ≈ $683.36 Million |
+26.56% |
| 2007-06-30 | AU$763.11 Million ≈ $539.95 Million |
-5.38% |
| 2006-06-30 | AU$806.47 Million ≈ $570.63 Million |
-1.70% |
| 2005-06-30 | AU$820.40 Million ≈ $580.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Southern Cross Media Group 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 131003500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.52 Billion | 714.25% |
| Other Comprehensive Income | AU$6.19 Million | 2.92% |
| Total Equity | AU$212.26 Million | 100.00% |
Southern Cross Media Group Ltd Competitors by Market Cap
The table below lists competitors of Southern Cross Media Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TMC Life Sciences Bhd
KLSE:0101
|
$188.05 Million |
|
ANGI Homeservices Inc
NASDAQ:ANGI
|
$188.08 Million |
|
Angel Oak Mortgage Inc
NYSE:AOMR
|
$188.11 Million |
|
Angang Steel Company Limited
F:GNV
|
$188.13 Million |
|
IM Vinaria Purcari SRL
RO:WINE
|
$188.00 Million |
|
Wismilak Inti Makmur Tbk
JK:WIIM
|
$187.92 Million |
|
Hoegh LNG Partners LP
OL:HLNG
|
$187.76 Million |
|
UNISEM Co. Ltd
KQ:036200
|
$187.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Cross Media Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 202,837,000 to 212,264,000, a change of 9,427,000 (4.6%).
- Net income of 9,192,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 235,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$9.19 Million | +4.33% |
| Other Comprehensive Income | AU$235.00K | +0.11% |
| Total Change | AU$- | 4.65% |
Book Value vs Market Value Analysis
This analysis compares Southern Cross Media Group 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: 0.64x
- 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.
- The price-to-book ratio has increased from 0.18x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$3.07 | AU$0.56 | x |
| 2006-06-30 | AU$26.01 | AU$0.56 | x |
| 2007-06-30 | AU$23.56 | AU$0.56 | x |
| 2008-06-30 | AU$30.07 | AU$0.56 | x |
| 2009-06-30 | AU$26.42 | AU$0.56 | x |
| 2010-06-30 | AU$21.07 | AU$0.56 | x |
| 2011-06-30 | AU$23.08 | AU$0.56 | x |
| 2012-06-30 | AU$15.43 | AU$0.56 | x |
| 2013-06-30 | AU$22.14 | AU$0.56 | x |
| 2014-06-30 | AU$17.21 | AU$0.56 | x |
| 2015-06-30 | AU$12.90 | AU$0.56 | x |
| 2016-06-30 | AU$7.79 | AU$0.56 | x |
| 2017-06-30 | AU$8.43 | AU$0.56 | x |
| 2018-06-30 | AU$7.65 | AU$0.56 | x |
| 2019-06-30 | AU$2.72 | AU$0.56 | x |
| 2020-06-30 | AU$4.15 | AU$0.56 | x |
| 2021-06-30 | AU$2.43 | AU$0.56 | x |
| 2022-06-30 | AU$1.75 | AU$0.56 | x |
| 2023-06-30 | AU$1.74 | AU$0.56 | x |
| 2024-06-30 | AU$0.85 | AU$0.56 | x |
| 2025-06-30 | AU$0.87 | AU$0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Cross Media Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.18%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 3.23x
- Recent ROE (4.33%) is above the historical average (-6.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.55% | 2.49% | 0.08x | 2.81x | AU$-74.94 Million |
| 2007 | 5.12% | 9.43% | 0.19x | 2.78x | AU$-36.04 Million |
| 2008 | 28.36% | 64.08% | 0.20x | 2.25x | AU$177.25 Million |
| 2009 | -10.03% | -16.13% | 0.26x | 2.39x | AU$-168.85 Million |
| 2010 | -8.01% | -20.43% | 0.29x | 1.35x | AU$-185.89 Million |
| 2011 | 3.56% | 10.98% | 0.20x | 1.60x | AU$-96.57 Million |
| 2012 | 6.19% | 13.94% | 0.28x | 1.61x | AU$-58.39 Million |
| 2013 | 6.14% | 14.96% | 0.26x | 1.57x | AU$-60.47 Million |
| 2014 | -24.40% | -46.19% | 0.32x | 1.66x | AU$-417.34 Million |
| 2015 | -30.43% | -46.63% | 0.35x | 1.86x | AU$-378.60 Million |
| 2016 | 12.95% | 12.08% | 0.38x | 2.81x | AU$17.62 Million |
| 2017 | 16.68% | 15.80% | 0.43x | 2.46x | AU$43.48 Million |
| 2018 | 0.01% | 0.01% | 0.44x | 2.50x | AU$-59.01 Million |
| 2019 | -21.05% | -13.85% | 0.55x | 2.79x | AU$-134.81 Million |
| 2020 | 4.27% | 4.66% | 0.35x | 2.63x | AU$-33.71 Million |
| 2021 | 7.49% | 9.10% | 0.40x | 2.07x | AU$-16.16 Million |
| 2022 | -33.39% | -29.31% | 0.49x | 2.33x | AU$-199.76 Million |
| 2023 | 4.39% | 3.79% | 0.49x | 2.37x | AU$-24.41 Million |
| 2024 | -110.73% | -45.00% | 0.72x | 3.41x | AU$-244.89 Million |
| 2025 | 4.33% | 2.18% | 0.61x | 3.23x | AU$-12.03 Million |
Industry Comparison
This section compares Southern Cross Media Group Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,656,355,428
- Average return on equity (ROE) among peers: 5.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Cross Media Group Ltd (SXL) | AU$386.00 Million | 0.55% | 3.67x | $188.02 Million |
| Ai-Media Technologies Ltd (AIM) | $78.96 Million | -6.24% | 0.30x | $37.95 Million |
| Brisbane Broncos Ltd (BBL) | $39.38 Million | 8.21% | 0.40x | $119.66 Million |
| EVT Ltd (EVT) | $950.36 Million | 3.51% | 1.73x | $1.57 Billion |
| Nine Entertainment Co. Holdings Ltd (NEC) | $212.49 Million | -0.50% | 23.99x | $734.93 Million |
| News Corporation (NWSLV) | $11.80 Billion | 1.52% | 0.31x | $16.21 Billion |
| Swift Tv Ltd (STV) | $-5.71 Million | 0.00% | 0.00x | $6.10 Million |
| Swift Networks Group Ltd (SW1) | $-680.00K | 0.00% | 0.00x | $8.71 Million |
| Seven West Media Ltd (SWM) | $174.05 Million | 36.78% | 1.21x | $136.13 Million |
About Southern Cross Media Group Ltd
Southern Cross Media Group Limited, together with its subsidiaries, creates audio content for distribution on broadcast and digital networks in Australia. It operates in two segments, Broadcast Radio and Digital Audio. The company owns 104 radio stations in FM, AM, and DAB+ radio, as well as 56 regional radio stations; operates LiSTNR, an audio app for sports, podcasts, music, radio, and news; an… Read more