Truscreen Group Ltd (TRU) - Net Assets

Latest as of September 2025: AU$3.35 Million AUD ≈ $2.37 Million USD

Based on the latest financial reports, Truscreen Group Ltd (TRU) has net assets worth AU$3.35 Million AUD (≈ $2.37 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.30 Million ≈ $3.04 Million USD) and total liabilities (AU$951.80K ≈ $673.46K 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 Truscreen Group Ltd (TRU) total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$3.35 Million
% of Total Assets 77.87%
Annual Growth Rate -19.11%
5-Year Change -91.08%
10-Year Change -92.87%
Growth Volatility 39.15

Truscreen Group Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Truscreen Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TRU total assets for the complete picture of this company's asset base.

Annual Net Assets for Truscreen Group Ltd (2013–2024)

The table below shows the annual net assets of Truscreen Group Ltd from 2013 to 2024. For live valuation and market cap data, see TRU market cap.

Year Net Assets Change
2024-12-31 AU$1.01 Million
≈ $713.49K		 -68.80%
2023-12-31 AU$3.23 Million
≈ $2.29 Million		 +27.14%
2022-12-31 AU$2.54 Million
≈ $1.80 Million		 -25.13%
2021-12-31 AU$3.40 Million
≈ $2.40 Million		 -69.98%
2020-12-31 AU$11.31 Million
≈ $8.00 Million		 +56.18%
2019-12-31 AU$7.24 Million
≈ $5.12 Million		 -36.04%
2018-12-31 AU$11.32 Million
≈ $8.01 Million		 -2.54%
2017-12-31 AU$11.62 Million
≈ $8.22 Million		 -18.91%
2016-12-31 AU$14.32 Million
≈ $10.14 Million		 +1.26%
2015-12-31 AU$14.15 Million
≈ $10.01 Million		 +43.51%
2014-12-31 AU$9.86 Million
≈ $6.97 Million		 -5.24%
2013-12-31 AU$10.40 Million
≈ $7.36 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Truscreen 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 3588982300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$38.77 Million 3844.99%
Other Comprehensive Income AU$-293.75K -29.13%
Total Equity AU$1.01 Million 100.00%

Truscreen Group Ltd Competitors by Market Cap

The table below lists competitors of Truscreen Group Ltd ranked by their market capitalization.

Company Market Cap
Inter-Delta Tbk
JK:INTD
 $8.46 Million
Euro Tech Holdings Company Ltd
NASDAQ:CLWT
 $8.48 Million
VERSES AI Inc.
NEO:VERS
 $8.48 Million
Media Lab SpA
PA:MLLAB
 $8.48 Million
Sky Quarry Inc
NASDAQ:SKYQ
 $8.46 Million
Ho Hup Construction Company
KLSE:5169
 $8.46 Million
Critical Minerals Group Ltd
AU:CMG
 $8.45 Million
Harvest Technology Group Ltd
AU:HTG
 $8.45 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,231,934 to 1,008,382, a change of -2,223,552 (-68.8%).
  • Net loss of 2,243,476 reduced equity.
  • Other comprehensive income decreased equity by 191,082.
  • Other factors increased equity by 211,006.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-2.24 Million -222.48%
Other Comprehensive Income AU$-191.08K -18.95%
Other Changes AU$211.01K +20.93%
Total Change AU$- -68.80%

Book Value vs Market Value Analysis

This analysis compares Truscreen 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: 8.77x
  • 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 0.13x to 8.77x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 AU$0.13 AU$0.02 x
2014-12-31 AU$0.07 AU$0.02 x
2015-12-31 AU$0.09 AU$0.02 x
2016-12-31 AU$0.09 AU$0.02 x
2017-12-31 AU$0.06 AU$0.02 x
2018-12-31 AU$0.05 AU$0.02 x
2019-12-31 AU$0.03 AU$0.02 x
2020-12-31 AU$0.03 AU$0.02 x
2021-12-31 AU$0.01 AU$0.02 x
2022-12-31 AU$0.01 AU$0.02 x
2023-12-31 AU$0.01 AU$0.02 x
2024-12-31 AU$0.00 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Truscreen 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): -222.48%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -131.04%
  • • Asset Turnover: 0.93x
  • • Equity Multiplier: 1.83x
  • Recent ROE (-222.48%) is below the historical average (-70.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -22.79% -8173.33% 0.00x 1.11x AU$-3.41 Million
2014 -7.02% -43.95% 0.15x 1.08x AU$-1.68 Million
2015 -9.17% -274.71% 0.03x 1.03x AU$-2.71 Million
2016 -24.72% -604.83% 0.04x 1.05x AU$-4.97 Million
2017 -38.51% -556.34% 0.07x 1.05x AU$-5.63 Million
2018 -30.94% -163.44% 0.17x 1.11x AU$-4.63 Million
2019 -71.77% -403.40% 0.16x 1.12x AU$-5.92 Million
2020 -30.86% -176.79% 0.16x 1.06x AU$-4.62 Million
2021 -232.48% -309.68% 0.58x 1.29x AU$-8.23 Million
2022 -94.49% -144.46% 0.48x 1.37x AU$-2.66 Million
2023 -63.45% -78.80% 0.65x 1.25x AU$-2.37 Million
2024 -222.48% -131.04% 0.93x 1.83x AU$-2.34 Million

Industry Comparison

This section compares Truscreen Group Ltd's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

  • Industry: Medical Devices
  • Average net assets among peers: $61,040,828
  • Average return on equity (ROE) among peers: -33.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Truscreen Group Ltd (TRU) AU$3.35 Million -22.79% 0.28x $8.46 Million
4DMEDICAL Ltd (4DX) $64.24 Million -46.81% 0.48x $1.63 Billion
Adherium Ltd (ADR) $-4.76 Million 0.00% 0.00x $7.37 Million
Aroa Biosurgery Ltd (ARX) $6.92 Million -23.35% 0.08x $150.91 Million
Atomo Diagnostics Ltd (AT1) $-5.47 Million 0.00% 0.00x $13.76 Million
Avita Medical Inc (AVH) $5.12 Million -224.74% 0.50x $132.15 Million
Anteris Technologies Global Corp (AVR) $22.64 Million -106.07% 0.18x $570.83 Million
Control Bionics Ltd (CBL) $5.05 Million -38.22% 0.07x $18.95 Million
Cardiex Ltd (CDX) $4.88 Million 56.04% 0.31x $13.23 Million
Compumedics Ltd (CMP) $8.51 Million 8.89% 1.37x $41.70 Million
Cochlear Ltd (COH) $503.28 Million 35.79% 0.47x $4.60 Billion

About Truscreen Group Ltd

AU:TRU Australia Medical Devices
Market Cap
$8.46 Million
AU$11.96 Million AUD
Market Cap Rank
#27267 Global
#1385 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.03
All Time High
AU$0.16
Categories
Companies in Australia Medical Devices
About

TruScreen Group Limited, together with its subsidiaries, develops, manufacture, and sale of cancer detection devices and systems in Mexico, China, Russia, Vietnam, Zimbabwe, and the Middle East/North Africa. It offers the TruScreen cervical cancer screening device, a medical device for identifying and detecting the presence of precancerous and cancerous tissue on the cervix in real time. The comp… Read more